Reducing our footprint: A 10-year plan
We are on track to reach our targets, and we are continuously improving our environmental performance through 2026.
Progress on our goals
In 2016 we established long-term environmental goals for reductions in intensity metrics for water, waste, emissions and energy. These goals are built upon previous years of successful global reductions in similar metrics since 2008.
We achieve these reductions by optimizing our facilities, embracing new technologies and sources of energy, and working with suppliers to find optimal solutions that reduce our environmental footprint.
Bunge Best in Class initiative
Bunge’s Best in Class initiative, including enhanced analytics, optimized assets and improved processes, is being implemented throughout all of our operations. Our Bunge Management Operating System is now implemented in nearly 100% of our facilities. We have embarked to develop this into an enhanced framework, called the Bunge Production System. Lead-Learning Sites in each region were defined and implemented throughout 2019.
Building on previous successes, we have progressed with our Energy Optimization Program and are focusing on the 14 plants under current implementation until completion and delivery of results. Under the program, Bunge is implementing energy reduction projects and enabling the use of modern software technology to monitor and optimize energy consumption on a continual basis. Further development will evolve according to the successes of the Program.
Commitment to water efficiency
Agricultural production is a major user of water resources, accounting for 70 percent of all water withdrawals globally. As the world's population increases, so does the demand for food and freshwater. Because access to safe, clean water is a United Nations-recognized human right, managing the limited availability of freshwater around the world is a central concern for the agribusiness and food sector.
We continue to increase efficiency in our operational processes and improving existing cooling tower systems. Considering our 10-year goal to reduce by 10% the freshwater consumption by end of 2026, we have already achieved 21.2% reduction through 2019. We also continue to monitor regions identified by the World Resource Institute's Aqueduct Tool as under high stress in order to meet our 25% reduction goal for these areas.