Archer Daniels Midland Company is one of the largest agricultural processors in the world. Serving as a vital link between farmers and consumers, we take crops and process them to make food ingredients, animal feed ingredients, renewable fuels and naturally derived alternatives to industrial chemicals. Because everything ADM does begins with agriculture, our partnership with the farming community is vital. Farmers are essential to the overall economy, and that’s why we work to be essential to them – creating thousands of products from their crops, hundreds of markets for their crops. Founded in 1902 and incorporated in 1923, ADM is headquartered in Chicago, Illinois, and operates processing and manufacturing facilities across the United States and worldwide. Through our extensive global distribution facilities and capabilities, ADM makes a significant contribution to the world’s economy and quality of life.
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ADM is committed to sustainability as a foundation of our purpose and a pillar of our growth strategy. With global scale and a value chain that stretches from more than 200,000 farmers to customers ranging from multinational CPGs to startups, we have a unique opportunity to lead, supporting the production of more sustainable solutions in categories encompassing food, fuel, and industrial and consumer products. And our efforts to advance this critical work were central to our priorities and accomplishments in 2022. As much of the world emerged from COVID restrictions, the global food supply system came under pressure once again last year, threatened by severe weather events and Russia’s invasion of Ukraine. We believe that everyone has the right to the food they need to sustain their lives – and we demonstrated our commitment to that belief throughout 2022 as we continued to Feed the World. Our team used our irreplaceable global asset base, as well as our unparalleled product portfolio and expertise, to respond to global events, remaining agile as we procured and delivered products to meet global nutritional needs. We advanced production expansions across our footprint, from Illinois, to Serbia, to Germany; began work on our Decatur Nutrition Protein Solutions Center; and continued to advance construction of our North Dakota soybean processing facility. We did all of this while continuing to Protect Nature and the value chains in which we operate. We firmly believe that we can meet the world’s needs both for food security and sustainability – and we’re doing that in multiple ways. First, we’re continuing to set ambitious goals for ourselves: In 2022, we announced our aspiration to reach net-zero by 2050, and committed to working with the Science-Based Targets Initiative to align our sustainability targets with ambitious goals to limit the average rise of global temperatures to 1.5 degrees Celsius. And as we drive the use of low-carbon energy globally across ADM, we’ve set a Strive 35 goal of 25% of our total energy usage coming from low-carbon sources by 2035. We also continued to advance a comprehensive set of initiatives such as our growing regenerative agriculture program, our unique carbon capture and storage capabilities, and energy and efficiency improvements across our operational footprint, to achieve significant carbon-intensity reductions across a broad array of feedstocks. Our sustainable agriculture program, branded as re:generationsTM, enrolled 1.2 million unique regenerative agriculture acres in 2022, and continued to connect partners across the value chain, including our groundbreaking multi-year agreement with PepsiCo. We’re expanding the use of our first-of- its-kind commercial carbon capture and storage facility, increasing capacity and working with partners to expand carbon capture to additional U.S. facilities. From enhancing efficiency and biofuels use in our transportation fleet, to our work to replace coal-fired boilers at key facilities, to expanding procurement of renewable energy, we’re exploring every viable option to decarbonize our operations and value chain and empower the industries we serve to usher in a bold new era.