ADM Reports Significant Progress toward Environmental Goals in New Corporate Responsibility Report
May 27 2015 - 11:00AM
Business Wire
- Company water use per unit of
production down nearly 20 percent since 2008; energy intensity down
17 percent
Through the implementation of hundreds of energy efficiency
projects and major operational improvements in water reuse and
recovery at large processing plants, Archer Daniels Midland Company
(NYSE: ADM) has been able to sharply reduce its use of water and
energy per unit of production—known as water and energy
intensity—in recent years.
In its latest Corporate Responsibility report, now available at
www.adm.com/responsibility, the company reports that it has reduced
water intensity 19.1 percent since 2008, and that energy intensity
has declined 17.3 percent since 2010. Both of these figures put the
company ahead of its goal of achieving a 15 percent reduction in
each area by the years 2018 and 2020, respectively.
Carbon emissions since 2010 have fallen 8.6 percent per unit of
production; this progress puts the company on track to reach its
goal of a 15 percent intensity reduction by 2020.
“Driving operational efficiencies is a pillar of our efforts to
deliver even better earnings and returns to investors, and it’s
also an essential element of our work to lessen ADM’s environmental
footprint,” said Bill Manley, the company’s Technology Center Lead.
“We’re pleased with the progress we’ve made on both fronts to date,
and with hundreds of additional projects in our pipeline, we
believe there remain significant opportunities to deliver strong
shareholder value and improved environmental performance.”
Other report highlights
In addition to the company’s environmental achievements, the
Corporate Responsibility report includes the company’s newly
adopted No Deforestation policy, which sets forth ADM’s commitment
to developing traceable, transparent agricultural supply chains
that protect forests worldwide.
The report also notes that more than 90 Brazilian soybean
farmers are participating in the newly launched ADM Responsible Soy
Standard, which requires adherence to a broad set of social,
environmental, legal and agronomic standards, and which enables ADM
customers in Europe and other regions to source protein meal made
from sustainably grown soybeans.
About ADM
For more than a century, the people of Archer Daniels Midland
Company (NYSE: ADM) have transformed crops into products that serve
the vital needs of a growing world. Today, we’re one of the world’s
largest agricultural processors and food ingredient providers, with
more than 33,000 employees serving customers in more than 140
countries. With a global value chain that includes more than 460
crop procurement locations, 300 ingredient manufacturing
facilities, 40 innovation centers and the world’s premier crop
transportation network, we connect the harvest to the home, making
products for food, animal feed, chemical and energy uses. Learn
more at www.adm.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150527006028/en/
Archer Daniels Midland CompanyMedia
RelationsJackie Anderson, 312-634-8484media@adm.com
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