Archer Daniels Midland Company Voluntary Employees Beneficiary Trust, commonly referred to as ADM VEBA, is a prominent entity headquartered in the United States. Founded in 1902, ADM has established itself as a leader in the agricultural processing industry, with significant operations across North America, South America, and Europe. The company is renowned for its diverse range of products, including oilseeds, corn, and wheat, which are processed into food ingredients, animal feed, and biofuels. With a commitment to sustainability and innovation, ADM has achieved notable milestones, such as expanding its global footprint and enhancing its product offerings. The trust serves as a vital resource for employees, reflecting ADM's dedication to workforce welfare and community support. As a key player in the agribusiness sector, ADM continues to set industry standards through its unique approach to processing and distribution.
How does Archer Daniels Midland Company Voluntary Employees Beneficiary Trust's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Archer Daniels Midland Company Voluntary Employees Beneficiary Trust's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Archer Daniels Midland Company (ADM), headquartered in the US, currently does not provide specific carbon emissions data for the most recent year, as no emissions figures are available. Consequently, there are no reported Scope 1, 2, or 3 emissions figures to analyse. In the absence of concrete emissions data, it is important to note that ADM has not outlined any specific reduction targets or commitments related to the Science Based Targets initiative (SBTi) or other climate pledges. This lack of publicly available information on their climate commitments suggests that ADM may still be in the process of developing or formalising their sustainability strategies. As a major player in the agricultural and food production industry, ADM's approach to climate action will be crucial in addressing the broader challenges of carbon emissions and climate change. Stakeholders and industry observers will be keen to see future disclosures that detail their emissions profile and any forthcoming commitments to reduce their carbon footprint.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Archer Daniels Midland Company Voluntary Employees Beneficiary Trust is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.