ADM and PepsiCo recently announced a 7.5-year strategic agreement with the goal to expand regenerative agriculture. Markets, In addition to innovating products and processes that improve our own environmental impact, we partner with farmers, customers, industry and civil society to create a more resilient and sustainable global food system. The partnership . Were blazing new trails in health and well-being as our scientists and tracking results using trusted, third-party measurement systems. Were blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. | Insight Guide. ADM assumes no obligation to update any forward-looking statements. This strategic partnership is expected to reach up to 2 million acres by 2030 and represents a trailblazing . The strategic partnership is expected to . ADM and PepsiCo have entered a 7.5-year strategic commercial agreement to expand regenerative agriculture across its North American supply chains, reaching up to 2 million acres by 2030. ADM (NYSE:ADM), a global leader in sustainable agriculture and nutrition, and PepsiCo (NASDAQ: PEP) today announced a groundbreaking 7.5-year strategic commercial agreement to closely collaborate on projects that aim to significantly expand regenerative agriculture across their shared North American supply chains. Todays announcement is a major step forward, as we work with a partner whose values align with our own to scale up regenerative agriculture in a way few other companies can. 312-634-8484, PepsiCo To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. We caught up with Alison Taylor, the company's Chief Sustainability Officer, to learn how this unique position in the supply chain, coupled with ADM's global scale, allows the company to contribute to . Source: ADM, ADM Paul and Diane. ADMs filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. ADMs filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. Suppliers, As part of those ambitions, the company is working to spread regenerative practices across 7 million acres of land by 2030 an area approximately equal to its entire agricultural footprint - and striving to achieve net-zero emissions by 2040. PepsiCoMediaRelations@pepsico.com. At its core, PepsiCo is an agricultural company, working to spread regenerative agriculture practices that restore the earth and reduce carbon emissions to 7 million acres by 2030. Cereals and bakery preparations, In India, for example, we have partnered with the Ministry of Agriculture for more than two decades to promote more sustainable soybean production. We recognize that maintaining biodiversity and other natural resources is essential to an abundant future and to our ability to meet the nutrition needs of a growing global population. CREMONA, ITALY More than 150 guests from all over the world attended Ocrims Grano, Farina, E (Wheat, Flour, And) event Sept. 16-17 in Cremona, Italy. ADM is ready to help customers translate these trends into exciting concepts, novel solutions, and winning innovation. -. ADM, a global leader in sustainable agriculture and nutrition, and PepsiCo announced a groundbreaking 7.5-year strategic commercial agreement to closely collaborate on projects that aim to significantly expand regenerative agriculture across their shared North American supply chains. The parties will collaborate on projects . Last year, we expanded on our Strive 35 sustainability goals with a commitment to reduce our Scope 3 emissions by 25% by 2035, and expanding regenerative agriculture practices as we have with our recent strategic partnerships with the National Fish and Wildlife Foundation and Farmers Business Network will be key to reaching that goal. Were a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. But when we look at the soil 100 years ago, the carbon carrying capacity, how much microbial activity was present, that's what we want to get back to the . The Ocrim O|farmhouse was inaugurated, in the area next to the Milling Hub plant, a recently renovated farmhouse that functions as a hospitality area. The companies plan to share resources and collaborate to create value throughout the supply chain by providing participants with technical and financial assistance, offering access to peer regenerative farming networks, hosting educational field days and tracking results using trusted, third-party measurement systems. Were an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. As part of those ambitions, the company is working to spread regenerative practices across 7 million acres of land by 2030 an area approximately equal to its entire agricultural footprint and striving to achieve net-zero emissions by 2040. ADM Cares Advancing Sustainable Agriculture Supporting Local Farming Each year, drought and desertification destroy 12 million hectares of farmland. ADM unlocks the power of nature to enrich the quality of life. In 2021, ADM additionally committed to a new, aggressive environmental goal to reduce Scope 3 greenhouse gas emissions 25% by 2035 while accelerating its target date to achieve a completely deforestation-free supply chain from 2030 to 2025. Adm, Pepsico, Sustainability, regenerative agriculture. Futureproofing the food system: How are food insecurity and health outcomes connected and what benefits do produce prescriptions, medically tailored meals and personalized nutrition offer. Health and nutritional ingredients, The strategic partnership of US-based companies is expected to reach up to 2 million acres by 2030 between two companies committed to carbon reduction goals. adm, a leader in sustainable nutrition and agriculture, and farmers business network (fbn) have signed an agreement to expand availability of fbn's digital farm business management platform, gradable, to adm's network of farmers across north america, offering 55,000 growers a comprehensive digital solution to manage their businesses and measure This partnership with ADM marks a sea change in how PepsiCo engages with strategic partners and is expected to help us reach almost one-third of that goal. We leverage our role at the center of the world's agricultural supply chain to help improve its overall sustainability. ADM's Strive 35 sustainability goals include reducing absolute greenhouse gas emissions by 25%, energy intensity by 15%, water intensity by 10%, and achieving a 90% landfill diversion rate by 2035 against a 2019 baseline. Were a premier global human and animal nutrition company, delivering solutions today with an eye to the future. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow. September 20, 2022. Agreement provides unique opportunity to expand regen ag at scale Grains ADM and PepsiCo have announced a groundbreaking 7.5-year strategic commercial agreement to closely collaborate on projects that aim to significantly expand regenerative agriculture across their shared North American supply chains. CHICAGO & PURCHASE, N.Y.--(BUSINESS WIRE)-- ADM (NYSE:ADM), a global leader in sustainable agriculture and nutrition, and PepsiCo (NASDAQ: PEP) today announced a groundbreaking 7.5-year strategic commercial agreement to closely collaborate on projects that aim to significantly expand regenerative agriculture across their shared North American supply chains. Soup-To-Nuts Podcast: Fruit checks boxes for sweet and healthy, so why is consumption so stubbornly low? The companies capabilities span the food and agriculture value chains, creating a unique, large-scale platform to support farmers transition to regenerative agriculture, while building across 7 million acres of land by 2030 an area approximately equal to its entire agricultural footprint and striving to achieve net-zero emissions by 2040. September 14, 2022 PepsiCo and ADM today announced a 7.5-year agreement to expand regenerative agriculture across their shared North American supply chains. value directly for farmers. | Product Brochure. This partnership with ADM marks a sea change in how PepsiCo engages with strategic partners and is expected to help us reach almost one-third of that goal." If you experience any issues with this process, please contact us for further assistance. objective, outlook, plan, position, potential, project, seek, should, strategy, target, will Plant-based, alt proteins, precision fermentation, ADM: Gain an Edge with Global Consumer Trends | 07-Nov-2022 You can sign up for additional alert options at any time. Forward-looking statements inherently involve risks By providing small and midsize soybean growers with sustainability resources, technology, market connections and best conservation practices, the program, In Brazil, we partner with Alianca da Terrafor the. Building a better food system is essential to the future health of the earth and all of us, said Jim Andrew, chief sustainability officer for PepsiCo. CHICAGO and PURCHASE, N.Y., September 14, 2022 ADM (NYSE:ADM), a global leader in sustainable agriculture and nutrition, and PepsiCo (NASDAQ: PEP) today announced a groundbreaking 7.5-year strategic commercial agreement to closely collaborate pep+ is PepsiCos strategic, end-to-end business transformation with sustainability and human capital at the center of how the company will create growth and value. For more information, visit www.pepsico.com. ADM looking into VER generation from regenerative agriculture programme. Register We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Over the next few years, ADM and PepsiCo will introduce farm-first regenerative agriculture methods such as cover crops, reduced tillage, nutrient management, diverse crop rotations, and responsible pesticide use. The strategic partnership is expected to reach up to . It improves water retention and bolsters the resilience of crops to pests, disease and extreme weather events, which are becoming more frequent as a result of climate change. Regenerative agriculture is an approach that promotes soil health by nurturing microorganisms and insects. By. For its inaugural launch, World Biodiversity Summit will help define what world leaders and the private sector in biodiversity and climate action need to do in the medium and long term to achieve sustainable development and hinder further biodiversity loss, focusing on partnerships and investment mechanisms as levers of progress. Such risks and uncertainties include, but are not limited to: damage to PepsiCos reputation or brand image; water scarcity; disruption of PepsiCos manufacturing operations or supply chain, including increased commodity, packaging, transportation, labor and other input costs; climate change or measures to address climate change; and failure to comply with applicable laws and regulations. enabling greater collaboration through strategic partnerships like this one, we can strengthen the livelihoods and resilience of the farmers we work with, while building a more sustainable future together., Sustainability is fundamental to ADM: Our growth strategy is underpinned by demand for more sustainable products, and our culture compels us to act, said ADM Chief Sustainability Officer Alison Taylor. CHICAGO & PURCHASE, N.Y.--(BUSINESS WIRE)-- As part of those ambitions, the company is working to spread regenerative practices across 7 million acres of land by 2030 an area approximately equal to its entire agricultural footprint and striving to achieve net-zero emissions by 2040. PepsiCo generated more than $79 billion in net revenue in 2021, driven by a complementary beverage and convenient Find out how through increased investment in regenerative agriculture and other programs ADM can help you reduce ADM: Gain an Edge with Global Consumer Trends | 07-Nov-2022 CHICAGO Global agribusiness ADM and PepsiCo, Inc., a multinational food and beverage company based in Purchase, New York, US, have signed a 7-year strategic commercial agreement to closely collaborate on regenerative agriculture projects across their shared North American supply chains. Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+). By US food and drink giant PepsiCo and leading global agribusiness Archer Daniels Midland (ADM) have agreed to work in partnership on projects aimed at significantly expanding regenerative agriculture across their shared North American supply chains. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. It improves water retention and bolsters the resilience of crops to pests, disease and extreme weather events, which are becoming more frequent as a result of climate change. ADM and PepsiCo announce agreement to support regenerative agriculture; ADM to ramp up soy protein concentrate production capacity in US . Use tab to navigate through the menu items. ADM and PepsiCo recently announced a 'strategic agreement' to collaborate on projects that aim to "significantly expand regenerative agriculture across their shared North American supply chains.". Trendspotter, foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. The companies also plan to provide participants with technical and financial assistance, offering access to peer regenerative farming networks, hosting educational field days, and tracking results using trusted, third-party measurement systems. ADM unlocks the power of nature to enrich the quality of life. The companies plan to share resources and collaborate to create value throughout the supply chain by providing participants with technical and financial assistance, offering access to peer regenerative farming networks, hosting educational field days, supply chain manager and processor, providing food security by connecting local needs with global capabilities. The long-term agreement initially will enroll corn, soy and wheat farmers across Kansas, Minnesota, Iowa, Illinois, Indiana and Nebraska, with expansion possibilities, to increase visibility across the value chain and integrate a range of multiyear farmer-first regenerative agriculture initiatives, including cover crops, reduced tillage, nutrient management, diverse rotations, and responsible pesticide use. Terminology such as aim, anticipate, or similar statements or variations of such words and other similar expressions are intended to identify forward looking statements, although not all forward-looking statements contain such terms. Next year, through our partnership with the Ecosystem Market Services Consortium (ESMC), we expect to see the roll out of a national scale program to recognize and compensate farmers and ranchers for their environmental services. Alcohol giant Diageo has launched a regenerative agriculture pilot for Guinness on barley farms in Ireland.. On its own, PepsiCo has converted more than 345,000 acres to regenerative agriculture practices in the US and Canada, with 100% of participating farmers permanently adopting regenerative practices thanks to a $2m incentivized co-investment fund. The company has also committed to Sustainability means you can keep on going. Todays announcement is a major step forward, as we work with a partner whose values align with our own to scale up regenerative agriculture in a way few other companies can. In 2021, ADM additionally work with the Science Based Targets Initiative with the aim of obtaining approval of its climate targets and alignment with ambitious global goals to limit rising temperatures to 1.5 degrees Celsius. "At its core, PepsiCo is an agricultural company, working to spread regenerative agriculture practices that restore the earth and reduce carbon emissions to 7 million acres by 2030. By encouraging the use of new technologies to maximize production with fewer agricultural inputs, the initiative helps growers to increase productivity and achieve higher yields using less cultivated land. ADMs Strive 35 sustainability goals include reducing absolute greenhouse gas emissions by 25%, energy intensity by 15%, water intensity by 10% and achieving a 90% landfill diversion rate by 2035 against a 2019 baseline. Are you keeping up with the latest consumer trends? Put Stabrium to work for you. These photos, courtesy of Ocrim, provide a snapshot of the activities during the event: We use cookies to provide you with a better experience. Tapping into ADM's extensive agricultural supply chain and strong grower relationships, the companies will work with Iowa farmers to implement cover crops, along with other regenerative practices including reduced tillage and improved nutrient management.

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