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    AG'S LARGEST TRADING FIRMS UNITE IN PLEDGE TO REDUCE EMISSIONS AT U.N.'S COP27 CONFERENCE
    Feed And Grain magazine reports:

    During this year's COP27 United Nations Climate Change Conference, 14 of the world's largest agricultural trading and processing companies promised to deliver a highly ambition roadmap for the agricommodity sector to outline how they will work toward reducing emissions from land-use change.

    Food and land use systems account for around a third of all greenhouse gas emissions and it is land use change, such as clearing forests to make way for farms, that drives these emissions.

    To address this critical issue, the CEOs of leading agricommodity companies committed - at COP26 in Glasgow in 2021 - to developing a shared roadmap focused on reducing emissions from land use change.

    ABCD grain traders sign up

    Global grain giants ADM, Bunge, Cargill and Louis Dreyfus Co. have all joined the pledge. Other companies include Amaggi, COFCO International, Golden Agri-Resources, JBS, Marfrig, Musim Mas, Olam International, Olam Food Ingredients (OFI), Viterra and Wilmar International.

    "ADM takes its commitments to halting climate change seriously, and its implementation of the 1.5 degree roadmap is an integral part of a broader climate strategy that includes aggressive targets to reduce Scope 1, 2 and 3 greenhouse gas emissions," said Alison Taylor, chief sustainability officer at ADM.

    "We are proud to collaborate with our peers to take this next step to reduce forest loss from supply chains."

    To read the entire report click here.


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