The world’s largest food and ingredient supplier, Archer Daniels Midland (ADM), has set new emissions and energy targets which it claims are aligned with the Paris Agreement’s 2C trajectory. Under the new targets, which are set against a 2019 baseline, ADM will strive to reduce its absolute greenhouse gas (GHG) emissions by 35% and its energy intensity – the amount of energy it consumes to produce one unit of product – by 15% by 2035. ADM claims the targets are aligned with the Paris Agreement’s 2C trajectory but has not yet gained verification from the Science Based Targets initiative (SBTi).
The new aims build on a previous sustainability strategy, the “15×20 plan”, implemented in 2011. ADM said it had updated its goals both because climate science has improved in recent years and because it met all of its original 2020 goals around GHG emissions, water and waste ahead of schedule. In order to meet its new goals, ADM has said it will invest in transformation across four key areas: purchasing and generating renewable electricity; increasing the use of biofuels for heating and transport; transforming the transport fleet using a combination of electric vehicles (EVs), CNG-powered HGVs and LNG boats; and installing energy-efficient equipment at key locations.
These areas were identified as those most material in terms of emissions to ADM, and those where implementing changes are most financially viable. ADM worked with global engineering and professional services giant WSP to develop this pathway but has not yet produced a costed, time-bound roadmap containing all the specific actions it will need to take. The global agri-food sector has been placed firmly at the centre of climate discussions in recent months, given its historic and systemic problems with deforestation, high-carbon fuel use and hard-to-abate emissions from animal agriculture. Research published last year by the IPCC concluded that food and drink production alone is has been the driver of 75% of deforestation by area size to date and that land use – mainly for agricultural purposes – currently accounts for 23% of global GHG emissions on an annual basis.
Source: edie.net
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