Company Directory - ADM Cares
Company Details - ADM Cares
ADM Cares
WebsiteChicago, USA
ADM Cares is Archer Daniels Midland’s corporate social investment program focused on aligning corporate giving with business strategies and sustainability objectives.
CCI Score
CCI Score: ADM Cares
-30.85
0.02%
Latest Event
ADM Faces Securities Fraud Lawsuit Over Accounting Misconduct
On March 12, 2025, a federal court denied ADM's bid to dismiss a securities fraud suit alleging that the company engaged in deceptive accounting practices in its Nutrition segment. The suit claims that ADM delayed reporting its Q4 2023 and FY 2024 results and manipulated its compensation structure to benefit from an accounting scheme, thereby misleading investors.
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TOADIE
ADM Cares is currently rated as a Toadie.
Latest Events
- MAR122025
On March 12, 2025, a federal court denied ADM's bid to dismiss a securities fraud suit alleging that the company engaged in deceptive accounting practices in its Nutrition segment. The suit claims that ADM delayed reporting its Q4 2023 and FY 2024 results and manipulated its compensation structure to benefit from an accounting scheme, thereby misleading investors.
-60
Business Practices and Ethical Responsibility
March 29
ADM's alleged deceptive accounting practices, including delaying financial reports and altering compensation structures, represent a significant breach of ethical business conduct. Such practices undermine investor trust and corporate accountability, and reflect broader concerns about unethical corporate behavior that can erode democratic financial oversight.
Bloomberg Law: “ADM Must Defend Against Investor Claims of Accounting Issues”
- DEC312024
A recent Lobbying Disclosure Act filing revealed that Archer Daniels Midland, through its corporate arm linked with ADM Cares, spent $60,000 on lobbying during Q4 2024. The lobbying efforts targeted issues such as the Farm Bill, Inflation Reduction Act, and Renewable Fuel Standard, raising concerns about corporate influence in democratic policy processes.
-30
Political Contributions and Lobbying Efforts
March 29
The $60,000 lobbying expenditure demonstrates ADM's active engagement in influencing policy on significant agricultural and environmental issues. From an anti-fascist perspective, such corporate political activity is concerning as it can undermine democratic decision-making and favor corporate interests over community welfare.
Lobbying Update: $60,000 of ARCHER-DANIELS-MIDLAND CO. lobbying was just disclosed
- JUN302024
ADM outlines its strategy of engaging in the political process through significant corporate contributions and its ADMPAC, which in Q2 2024 reportedly amassed $249,800 in corporate contributions along with $115,250 channeled via its political action committee. The company emphasizes bipartisan support and a pro-growth agenda focused on infrastructure, trade, sustainable agriculture, and biofuels.
-20
Political Contributions and Lobbying Efforts
March 29
ADM's active engagement in political contributions, including support for candidates via ADMPAC and associations with groups such as Ag America (linked with Republican Agriculture Commissioners), reflects corporate involvement in shaping political agendas. Despite claims of bipartisan support, this strategic contribution raises concerns from an anti-fascist perspective regarding corporate influence on democratic processes and the potential alignment with partisan, business-favoring policies.
- JAN302024
The LD-203 Contribution Report filed on January 30, 2024, indicates that Archer Daniels Midland Company-ADM PAC reported zero political contributions. This absence of political donations suggests a cautious stance in political financing, avoiding potential support for authoritarian agendas.
+20
Political Contributions and Lobbying Efforts
March 29
The report shows that ADM PAC, the political arm associated with Archer Daniels Midland, reported zero political contributions. This absence of activity reduces the risk of channeling funds to far-right or authoritarian causes, aligning with anti-fascist and progressive values.
- JAN012024
OpenSecrets data reveals that Archer Daniels Midland, the parent organization behind ADM Cares, spent $435,927 in political contributions and $3,650,000 on lobbying during the 2024 cycle. This financial involvement illustrates significant corporate engagement in the political arena, raising concerns about the potential influence of such spending on democratic processes.
-60
Political Contributions and Lobbying Efforts
March 29
The substantial lobbying expenditure and political contributions suggest an effort to shape policy in ways that may favor corporate interests over public accountability, potentially aligning with authoritarian business practices. From an anti-fascist perspective, the scale of these financial activities is concerning as it contributes to a concentration of influence that can undermine democratic governance.
- JAN012024
Archer Daniels Midland, through its political action committee, raised $295,960 during the 2023-2024 election cycle. This event highlights the corporation's engagement in political fundraising, which can be used to influence policy and bolster corporate power, raising concerns from an anti-fascist perspective.
-30
Political Contributions and Lobbying Efforts
March 29
The financial raising of $295,960 through the PAC reflects active involvement in political contributions. Such corporate political financing can entrench corporate influence in democratic processes and potentially enable policies that favor oligarchic or authoritarian practices. This activity is concerning from an anti-fascist perspective as it may undermine efforts to promote worker rights and equitable political engagement.
- APR112023
A series of severe safety incidents at ADM facilities, including a fatal accident on April 11, 2023, explosions, multiple injuries, and extensive OSHA citations and penalties, have raised significant concerns about worker safety practices. Investigations revealed a pattern of neglect regarding maintenance and safety protocols, endangering employee lives.
-80
Labor Relations and Human Rights Practices
March 29
The detailed report of multiple OSHA investigations, fatality, severe injuries, and repeated safety violations underscores a troubling disregard for worker safety and labor rights at ADM facilities. This pattern of neglect is antithetical to ethical labor practices and has a profoundly negative impact on worker rights.
- FEB172010
The Missouri Ethics Commission webpage lists Archer Daniels Midland Company’s lobbying registration, with records indicating that lobbying activities began on February 17, 2010 at its San Rafael, CA address. This record shows ADM's political engagement that may exert undue influence on policy-making and democratic accountability.
-60
Political Contributions and Lobbying Efforts
March 29
The lobbying record, as reported by the Missouri Ethics Commission, indicates that ADM has been involved in political lobbying since 2010. Such activities are critiqued from an anti-fascist perspective because they can enable corporate influence over policy and subvert transparent democratic processes.
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