Standard Owner Benchmark - ADM RESPONSIBLE SOYBEAN STANDARD
By CommonShare
The ADM Responsible Soybean Standard is a certification program developed by Archer Daniels Midland (ADM), a global agricultural processing company. The standard was established to promote sustainable and responsible practices in the production and sourcing of soybeans.
ADM is committed to responsible sourcing and aims to ensure that the soybeans used in its products are produced in an environmentally and socially responsible manner. The Responsible Soybean Standard sets out specific criteria and requirements that soybean producers must meet to achieve certification.
The standard covers various aspects of soybean production, including land use, water management, biodiversity conservation, social welfare, and labor practices. It promotes sustainable farming techniques, responsible use of agrochemicals, and the protection of ecosystems and natural resources.
To obtain certification, soybean producers undergo a thorough assessment and verification process conducted by independent third-party certification bodies. These bodies assess compliance with the standard's requirements and provide ongoing monitoring and auditing to ensure continued adherence to the criteria.
The ADM Responsible Soybean Standard aims to provide transparency and traceability in the soybean supply chain. It helps to identify soybeans that have been produced sustainably and responsibly, allowing customers and consumers to make informed choices and support environmentally and socially conscious practices.
By implementing the standard, ADM strives to contribute to the sustainability of the soybean industry and promote the well-being of farmers, communities, and the environment. The certification program serves as a tool to drive positive change in soybean production, ensuring that it aligns with sustainable development principles.
Founded in 2020, the ADM Responsible Soybean Standard is a relatively new initiative that reflects ADM's commitment to responsible sourcing and its ongoing efforts to promote sustainability in the soybean sector.
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How our Standard Owner Benchmark® Works?
By CommonShare
This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.