ADM Reveals Policy to Protect Forests, Biodiversity and Communities

ADM announces their new commitment to a sustainable and ethical production process through a policy to protect forests, biodiversity and communities. ADM, a renowned Chicago-based company, is committed to sourcing ingredients for some of the largest companies, including PepsiCo, in a sustainable fashion. 

In an effort to advance collective action against climate change and unsustainable practices, AMD will work on developing a high level of traceability of all of its sourcing. Their first deadline is 2022, to achieve complete traceability of their soy supply chain which extends from Brazil, Paraguay, and Argentina. These goals will align with their research into modifying their process to advance sustainable development and food security. Additional development will go into entirely eliminating deforestation from their supply chains by 2030. 

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Recent Posts