PepsiCo, ADM Announce Groundbreaking Agreement Aiming to Reduce Carbon Intensity by Supporting Regenerative Agriculture Practices on Up to 2 Million Acres of Farmland
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. This strategic partnership is expected to reach up to 2 million acres by 2030, and represents a trailblazing effort by two global companies that share ambitious carbon reduction goals. 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 their resilience to climate change.
Today we announced an agreement w/@PepsiCo to expand #regenag across NA. “Sustainability is fundamental to ADM: Our growth strategy is underpinned by demand for more sustainable products, & our culture compels us to act,” said ADM CSO Alison Taylor https://t.co/qAJ25Z8gR0 pic.twitter.com/1rmgbV4yG7
— ADM (@ADMupdates) September 14, 2022
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