Agribusiness Giant Adopts Historic No-Deforestation Policy
On Tuesday, one of the world’s largest traders of agricultural commodities vowed to help curb forest loss by instating a “No-Deforestation” policy for soy and palm oil in its supply chain.
Archer Daniels Midland’s no-deforestation policy will be the first of its kind to cover soy production outside of the Brazilian Amazon. It also comes at a crucial time for the Amazon rainforest, which is especially affected by soy production and has seen a recent uptick agriculturally-driven deforestation. As of 2012, soybean production had caused the loss of 80 million hectares of forests in the Amazon basin.
Lars Schmidt (CC BY-NC-ND 2.0)