CHICAGO — Archer Daniels Midland Co. said it has made progress toward goals the company set five years ago to reduce its use of energy, water, emissions and waste per unit of production, known as intensity. The company’s progress is detailed in the 2015 Corporate Sustainability report issued on July 6.
ADM said it has reduced energy intensity 22% since 2010, and water intensity has declined 18% since 2008. Both of those figures put the company ahead of its goal of achieving a 15% reduction in each area by the years 2020 and 2018, respectively, ADM said.
Meanwhile, carbon emissions have been cut 11% per unit of production since 2010, putting the company on track to reach its goal of a 15% intensity reduction by 2020. ADM also has implemented pilot projects to capitalize on waste reduction and recycling opportunities.
|Juan Luciano, chairman and c.e.o. of ADM
“ADM believes that successfully feeding the world while minimizing our impact on the planet is essential to our goal of setting the competitive standard in the agribusiness and food ingredient industries,” said Juan Luciano, chairman and chief executive officer.
Also in the report, ADM offered insight into its supply chain and operations, and also provided its stance on bioengineered ingredients.“ADM supports a wide variety of technologies that can help farmers do more with less,” the company said. “This issue is a critical goal for agriculture; new technologies and products are key in the effort to feed a growing global population while limiting increased use of farmland and water. We also recognize and respect our customers’ desire for options. We work to meet our customers’ need for identity-preserved crops and products. Because of our vertical integration, we have developed — for certain product lines — systems that track and preserve crop identity from seed to factory to finished product to make such options available for our customers.”