CHICAGO – Archer Daniels Midland Co. reported progress in palm oil traceability, soybean sourcing and reducing its use of water and energy in a 2016 corporate sustainability report released May 11.
The Chicago-based company has achieved 98% traceability for palm oil and 95.5% traceability for palm kernel oil. In soybeans, ADM completed a sourcing analysis for Paraguay, Brazil, Argentina, Uruguay and Bolivia; advanced its efforts to map sourcing systems and processes in Brazil and Paraguay; and continued to work on identifying and testing methodology and monitoring tools to implement a system to detect deforestation of native vegetation.
ADM since 2010 has reduced energy intensity by 25% and emissions by 11% on a per-unit-of-production basis. ADM since 2008 has reduced water use by 24% on a per-unit-of-production basis. The company instituted site visits and training programs in Paraguay, Brazil and India as part of implementing a policy called “Respect for Human Rights.” ADM in 2016 also contributed more than $11 million to charitable causes.
|Juan Luciano, chairman and c.e.o. of ADM|
“In 2016, we made significant advancements in our social and environmental goals, reflecting how we run our business and make a productive contribution to society,” said Juan Luciano, chairman and chief executive officer of ADM. “We are addressing some of the world’s most urgent needs by improving our energy and water efficiency, implementing initiatives to ensure a sustainable global supply chain, enforcing human rights and investing in local economies where ADM operates.”For the complete report, visit link.