ADM Bows to Shareholder Pressure, Commits to New Deforestation Policy - 1 views
-
Adriana Trujillo on 08 Apr 15Food and commodities giant ADM, which has reached over US$80 billion in revenues, says it will develop a no-deforestation policy in a move to source soy and palm oil more responsibly. The change occurred after a shareholder proposal, submitted by Green Century Capital Management and the New York State Common Retirement Fund, requested that ADM set quantitative goals for a reduction in supply chain impacts from deforestation....