Wednesday 1 April 2020

Archer Daniels Midland ‘to cut greenhouse gas emissions by 25% before 2035’

Archer Daniels Midland has announced a new plan to reduce its absolute greenhouse gas emissions by 25% and cut its energy intensity by 15% by 2035.

The food processing company's 'pathways towards success' are expected to involve purchasing renewable electricity, increasing use of biomass fuels, making changes to its transportation fleet and adopting new technologies in other parts of its business.

Chairman and CEO Juan Luciano said: "We know that the health of our natural resources is critical to our future. Consumers around the world know it as well and they are making it clear that they expect their food and drink to come from sustainable ingredients, produced by companies that share their values.

"We care deeply about our partners, our customers, our employees, our shareholders and the planet and that is why we are setting these ambitious emissions and energy goals for ourselves. Our future will be stronger for these goals."