
Ceres and World Wildlife Fund (WWF) announce the addition of Target, a general merchandise retailer that serves guests at more than 1,800 stores, and Archer Daniels Midland Company, one of the world’s largest agricultural processors and food ingredient providers, to the AgWater Challenge. The two companies’ new water stewardship commitments were shared recently at the Financial Times Water Summit in London.
Ceres and WWF first launched the AgWater Challenge in 2016 to encourage better water stewardship among the world’s most influential food and beverage companies. Target and ADM join seven participating companies who have made commitments to better protect freshwater resources in their agricultural supply chains. With the global food sector using 70% of the world’s freshwater supply, food and beverage companies play an important role in protecting water quality and quantity.
“As human demand for water grows — particularly for agriculture — the pressures on critical freshwater ecosystems also grow,” said Lindsay Bass, manager of Corporate Water Stewardship at WWF. “When companies like Target and ADM embrace water stewardship across their agricultural supply chains, they set the stage for others to follow. With more of the food value chain represented in the AgWater Challenge, participating companies can now better leverage, scale and build meaningful projects in the places that need it most.”
By adding a major food retailer operating in every US state and a global food processing conglomerate, the AgWater Challenge significantly increases the acreage farmed with water stewardship in mind.
Target commitments:
Target’s commitments to improve water stewardship include:
ADM commitments:
With a global value chain that includes approximately 500 crop procurement locations, 270 food and feed ingredient manufacturing facilities, 44 innovation centers and an enormous crop transportation network, ADM has made several commitments to address water quality challenges across their value chain. ADM’s commitments to improve water stewardship include:
Target and ADM join seven companies already participating in the AgWater Challenge including Diageo, General Mills, Hain Celestial Group, Inc., Hormel Foods, Kellogg Company, PepsiCo, and Danone North America (formerly WhiteWave Foods). Since committing to advance their sustainable water sourcing strategies in 2016, the original AgWater Challenge companies have made significant strides in engaging with farmers and suppliers across their value chain, sourcing responsibly, and reducing their overall exposure to water risks.
As part of the AgWater Challenge, companies also pledge greater transparency about the success of commitments, their ability to drive more resilient production systems and positive impacts they have made in freshwater basins.