Across our global business, we recognize that our operations have an impact on the environment. We are working to drive greater resource efficiency by standardizing our data gathering process and deploying our Commodities Environmental Management System (EMS) to drive environmental management and conservation in our operations and to help reduce our impact.
Our EMS, together with adoption of best practices from across our industry, is helping us make progress against the following objectives:
We always obtain environmental licenses from the appropriate authorities before we are authorized to operate. When no formal license is required we comply with applicable local environmental law and apply our EMS. In countries where environmental legislation is less stringent than our own standards, our internal EMS serves as our guide.
Many of the markets in which we operate have a standard of environmental management with which we are expected to comply. As such our environmental footprint is measured by external consulting and auditing companies who verify our compliance.
We are working hard to achieve continual improvement across all established environmental criteria. However, due to our diverse operations across a broad range of commodities, there are specific environmental challenges in each category of our business we need to understand further.
Since 2011, a number of our platforms have been required to provide audited Green House Gas (GHG) emission calculations for their entire product value chain. The measuring and monitoring of our carbon emissions is helping us understand the impact of our operations in greater detail.
The Louis Dreyfus Company EMS applies to all assets, whether industrial, logistic, agricultural, or office-based. It is used to manage the environmental aspects of all our activities, products, and services and to establish objectives to improve our environmental performance. It provides an additional focus on:
As our EMS is adopted fully across our business, the impacts we monitor and measure will cover GHG emissions (including as a minimum carbon dioxide, methane and nitrous oxide for assets, carbon dioxide for offices), energy consumption, water usage and all forms of emissions and waste management. Measurement is already underway at all of our industrial sites.
In view of our significant asset base, we are acutely aware of the need to pay due attention to local biodiversity. We are always careful to consider both environmental and social impact assessments before moving forward with projects in areas of potential sensitivity. We are committed to being fully compliant with national and/or subscribed international conventions regarding biodiversity conservation, in addition to following relevant organizations’ principles and criteria regarding biodiversity issues where these are applicable.
We expect our agricultural operations to preserve protected high biodiversity areas and to be compliant at all times with national and/or international legislation on environmental protection and biodiversity.
Our platforms are expected to choose suppliers who are active in biodiversity protection, avoiding companies that sit on certain official black lists and seeking assurances from suppliers regarding their land use management.
California Lower Carbon Fuel Standard
In 2011 our company achieved compliance with the State of California’s Lower Carbon Fuel Standard (LCFS). The LCFS was created to achieve a 10% reduction in the carbon intensity of California’s transportation fuels by 2020.
Our ethanol plants voluntarily completed the LCFS audit process, quantifying carbon output and identifying opportunities to reduce emissions. Plant workers, managers and traders all participated in the initiative.
The result has been lower carbon emissions at our plants and access to the Californian market for ethanol.
Louis Dreyfus Company is a leading merchant and processor of agricultural goods, leveraging its global reach and extensive asset network to deliver for its customers around the world - safely, responsibly and reliably. Today we help to feed and clothe some 500 million people, originating, processing and transporting approximately 81 million tons of commodities annually.