A Step in the Right Direction
Archer Daniels Midland (ADM), one of the world’s largest suppliers has recently stated that they will from now on try to conserve and protect forests that are at high risk of destruction for sales. This company has been working with the nonprofit group Forest Trust, which targets companies and persuades them to see the impact their work has on the environment and offers alternatives to past methods. Like other supply chain companies that have already made this commitment, ADM sees that this change could in fact reduce business costs as well as their reputation in peoples’ good graces as more people are becoming concerned for the environment. The company’s plan is to expand their work on degraded land instead of cutting down more forest trees. Hopefully with a big company making a significant change like this, other companies will follow suit soon as well.
To learn more about this story, check out this link: http://www.nytimes.com/2015/04/01/business/adm-announces-plan-to-fight-deforestation.html?_r=0