This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ADM Joins World Cocoa Foundation’s CocoaAction Sustainability Strategy

Archer Daniels Midland Company (NYSE: ADM) announced today its participation in the World Cocoa Foundation’s CocoaAction strategy, which brings together leaders in the cocoa industry to advance sustainability efforts in West Africa. Through CocoaAction, 12 of the world’s largest cocoa and chocolate companies will voluntarily coordinate their resources and align their objectives to increase efforts to build a stronger, more economically viable cocoa sector. The governments of Côte d’Ivoire and Ghana, the world’s leading cocoa-producing countries, helped develop CocoaAction and have committed to working with World Cocoa Foundation members to achieve its goals.

“ADM’s participation in CocoaAction complements our Socially and Environmentally Responsible Agricultural Practices (S.E.R.A.P. TM) program, which supports farmers and cocoa-growing communities through community-based projects that focus on social responsibility, environmental stewardship, quality and production, and producer-group professionalism,” said Ian Pinner, president, ADM Global Cocoa. “By aligning our existing sustainability efforts with CocoaAction’s multi-faceted approach, ADM is building upon its commitment to improving the livelihoods of West African cocoa farmers and the communities in which they live.”

CocoaAction is based on a holistic approach to improve livelihoods and economic opportunities in cocoa communities, with a combined focus on measures to increase productivity and support community development. Specifically, CocoaAction’s goals are that, by 2020, at least 300,000 farmers in Côte d’Ivoire and Ghana (200,000 in Côte d’Ivoire and 100,000 in Ghana) will have increased their productivity by 100 percent or more through improved agricultural practices and increased access to planting materials and fertilizer. Additionally, the program aims to strengthen the communities in which cocoa farmers live by focusing on education, child labor monitoring and remediation and activities to advance women’s empowerment.

More information about ADM’s SERAP program and the company’s commitment to responsible cocoa production throughout the world can be found at

About ADM

For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve vital needs. Today, 31,000 ADM employees around the globe convert oilseeds, corn, wheat and cocoa into products for food, animal feed, industrial and energy uses. With more than 270 processing plants, 470 crop procurement facilities, and the world’s premier crop transportation network, ADM helps connect the harvest to the home in more than 140 countries. For more information about ADM and its products, visit

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs