CHICAGO, ILLINOIS, US — ADM’s focus on regenerative agriculture as a driver of the global agribusiness’ growth strategy has garnered an award from Field to Market: Alliance for Sustainable Agriculture that recognizes the collaborative advancement of sustainability practices.
The Field to Market “2022 Collaboration of the Year Award” was given to ADM and partners Keurig Dr Pepper, PepsiCo and Practical Farmers for their regenerative agriculture project supporting Nebraska farmers. One of Field to Market’s Sustainability Leadership Awards, the honor recognizes an exceptional collaboration and cross-sector partnership in advancing sustainable agriculture at the field and landscape level.
The project — Supporting Nebraska Farmers to Boost Resiliency Via Cover Cropping — provides farmers with technical assistance, peer support networks and cost-share payments for implementing cover crops. Since the start of the project in 2021, farmers participating in the project have planted more than the partnership’s goal of 15,000 acres of cover crops.
This initiative financially supports the agricultural communities and the overall health of the direct and surrounding ecosystems. Cover crops are used to prevent erosion, improve soil and water quality, maintain high nutrient levels in soil, eliminate weeds and provide livestock nourishment.
“ADM unites the entire supply chain,” said Alison Taylor, chief sustainability officer at ADM. “Through major regenerative agriculture partnerships and on-the-ground engagement with growers and suppliers, ADM is committed to building a more sustainable food system.”
Juan Luciano, president and chief executive officer of ADM, referred to sustainability as “a driving force both of our purpose and our growth strategy,” during an earnings conference call with analysts on Oct. 25, while outlining several initiatives supporting the company’s efforts.
He noted ADM’s opportunity to lead regenerative ag efforts “… With global scale and a value chain that reaches from 220,000 farmers to customers ranging from multinational CPGs to startups.”
ADM has begun 18 Field to Market projects in 13 US states and two Canadian provinces, focused on corn, soy and wheat production. These projects are part of ADM’s broader sustainable agriculture initiatives, which have enrolled more than 750,000 acres of land in the United States in the transition to regenerative agriculture practices and are creating long-term market opportunities for farmers.
Last month ADM announced a 7½-year strategic commercial agreement to collaborate with PepsiCo, Inc. on regenerative agriculture projects across the two companies’ shared North American supply chains.
ADM also partners with farmers and other companies to advance regenerative agricultural practices that sequester carbon, promote biodiversity, support a holistic approach to ecological health and increase farm resiliency to feed the world more sustainably.
“ADM is also committed to reducing our Scope 3 emissions as part of a holistic approach to addressing climate challenges,” Taylor said. “Because the majority of our Scope 3 emissions come from the farming that happens upstream – and from the ingredient processing that occurs by our customers downstream – it is important to collaborate with our growers and customers to reduce greenhouse gas emissions.”Field to Market, based in Washington, DC, US, brings together grower organizations; agribusinesses; food, feed, beverage, restaurant and retail companies; conservation groups; universities and public sector partners to focus on defining, measuring and advancing the sustainability of food, feed, fiber and fuel production.