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
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The information and comments contained herein is provided by ADMIS and in no way should be construed to be information provided by ADM. The author of this report did not have a financial interest in any of the contracts discussed in this report at the time the report was prepared. The information provided is designed to assist in your analysis and evaluation of the futures and options markets. However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.