ADM has released Policy to Protect Forests, Biodiversity and Communities, according to a company press release. The policy, which is an update from one in 2015, includes pledges regarding deforestation, conservation of water and reducing greenhouse gas emissions.
While not all the goals have a specific target date, some are expected to be hit within the next decade. ADM plans to have full traceability of its direct and indirect sourcing throughout its soy supply in Brazil, Paraguay and Argentina by 2022 and aims to completely remove deforestation from its supply chain by 2030. In addition to sustainability goals, ADM looks to address food security through these new policies.
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