GRI index

Content pages: 
Content: 

This web-based report describes the sustainability programs and performance for Bunge Ltd. at a global level. It has been prepared in accordance with the GRI Standards, core option.

GRI 102-16, GRI 102-17, GRI 103-2

General Disclosures

Report Section

Organizational Profile

102-1

Name of the organization

Bunge Limited

102-2

Activities, brands, products, services

About Us; Product Quality and Safety; UN SDG 2 & 3

102-3

Location of headquarters

White Plains, New York, USA

102-4

Location of operations

About Us

102-5

Ownership and legal form

Limited Liability Company formed under the laws of Bermuda. We are registered with the Registrar of Companies in Bermuda under registration number EC20791. The company is registered at New York Stock Exchange as BG.

102-6

Markets served

About Us  

102-7

Scale of the organization

About Us

102-8

Information on employees and other workers

Employee Data

102-9

Supply chain

Supply Chain; UN SDG 2

102-10

Significant changes to the organization and supply chain

10-K

In March 2018 we announced the acquisition of 70% ownership Loders Croklaan

102-11

Precautionary principle or approach

Bunge has policies in place to reduce or avoid negative impacts on the environment where there are threats of serious or irreversible environmental damage. See also our 10-k, and the sections on Assessing and Managing Water Risk and Managing Climate Risk within this report.

102-12

External initiatives

Member Organizations; UN SDG 17

102-13

Membership of associations

Member Organizations

Strategy

102-14

Statement from senior decision-maker

Message from the CEO

102-15

Key impacts, risks, and opportunities

Message from the CEO

Ethics and Integrity

102-16

Values, principles, standards and norms of behavior

See Code of Conduct

102-17

Mechanisms for advice and concerns about ethics

Code of Conduct

While individuals are encouraged to identify themselves when reporting any issue related to our Code of Conduct, anonymous reports are accepted where local law allows. Bunge promptly responds to all reports of misconduct, and takes remedial action on all substantiated cases.

Reported allegations are grouped into the following categories:

  • Accounting
  • Asset Misappropriation
  • Bribery/Corruption
  • Ethics/Business Integrity
  • Human Resources/Workplace Concerns
  • Legal/Regulatory
  • Safety, Health & Environment
  • Sustainable Sourcing
  • Inquiries

In 2017, 536 cases were reported through various channels including hotline calls, website submittals, and through management. Additionally, Bunge received 52 inquiries about various topics during the same period.

Governance

102-18

Governance structure

Governance

102-19

Delegating authority

Governance

102-20

Executive-level responsibility for economic, environmental, and social topics

Governance

102-21

Consulting stakeholders on economic, environmental, and social topics

Materiality and Stakeholder EngagementGlobal Forums and Debates

102-22

Composition of the highest governance body and its committees

Governance

102-33

Communicating critical concerns

Governance

Stakeholder Engagement

102-40

List of stakeholder groups

Materiality and Stakeholder Engagement

102-41

Collective bargaining agreements

Labor & Human Rights

102-42

Identifying and selecting stakeholders

Materiality and Stakeholder Engagement

102-43

Approach to stakeholder engagement

Materiality and Stakeholder Engagement; Global Forums and Debates; Government Relations; Public Policy Advocacy

102-44

Key topics and concerns raised

Materiality and Stakeholder Engagement; UN SDG 17

Reporting Practice

102-45

Entities included in the consolidated financial statements

This report consolidates information from our subsidiary companies. All information is in our full financial report.

102-46

Defining report content and topic boundaries

About This Report; Materiality and Stakeholder Engagement

102-47

List of material topics

Materiality and Stakeholder Engagement

102-48

Restatements of information

none

102-49

Changes in reporting

none

102-50

Reporting period

Calendar year 2017

102-51

Date of most recent report

2016

102-52

Reporting cycle

Bunge considers that the reporting cycle according to GRI standards will be annual.

102-53

Contact point for questions regarding the report

Any questions or comments about this report may be addressed to: sustainability@bunge.com

102-54

Claims of reporting in accordance with GRI Standards

This report has been prepared in accordance with the GRI Standards: Core option

102-55

GRI content index

GRI Index

102-56

External assurance

For the current report, the Company decided not to seek external assurance, considering the transition in reporting to the GRI Standards, and complexity of operations in different countries. For the next period, this option will be assessed, considering stakeholders' feedback on the topic.

Management Approach

103

Management Approach

See table in Materiality and Stakeholder Engagement for location of management approaches for each material topic.

103-2

The management approach and its components

Sustainability requirements are becoming increasingly demanding in our market, and food and agribusiness suppliers such as Bunge are asked to meet a range of criteria across multiple customers.

Bunge’s sustainability performance is usually vetted by our customers, by sector roundtables and criteria, and by NGOs. In addition, our operating companies may be audited by customers from time to time and are also subject to other third-party audits related to product quality and sustainability criteria, depending on market needs. During 2017 there were no records of non-compliance with customer standards. Several of Bunge units are also certified by SEDEX, increasing the interaction and transparency with global customers. SEDEX (Supplier Ethical Data Exchange), is a non-profit organization committed to ensuring ethical performance throughout all value chains. This organization, through its SMETA audit (SEDEX Members Ethical Trade Audit), allows buyers to approach sustainable sellers in order to generate ethical business relationships and product safety, focusing the needs of the increasingly diversified and demanding global markets.

In 2017, there were no material findings as a result of these reviews.

Specific Disclosures

Report Section

Economic Performance

201-1

Direct economic value generated and distributed

10-k

201-2

Climate change financial implications

10-k; Climate, Industrial Savings

Energy

302-1

Energy consumption within the organization

Climate; Emissions and Energy Data; UN SDG 7 & 12

302-2

Energy consumption outside of the organization

Emissions and Energy Data; UN SDG 7

302-3

Energy intensity

Climate; UN SDG 7

302-4

Reduction of energy consumption

Emissions and Energy Data; Industrial Savings; UN SDG 12

Water

303-1

Water withdrawal by source

Water Data; UN SDG 6

303-2

Water sources significantly affected

Water; UN SDG 6

303-3

Water recycled and reused

Water Data; Industrial Savings; UN SDG 6

Biodiversity

304-1

Sites near areas of high biodiversity value

Sustainable Agriculture; UN SDG 15

304-2

Impacts on biodiversity

Sustainable Agriculture; UN SDG 15

304-3

Habitats protected or restored

Sustainable Agriculture; UN SDG 15

Emissions

305-1

Direct (Scope 1) GHG emissions

Climate; Emissions and Energy Data

305-2

Energy indirect (Scope 2) GHG emissions

Climate; Emissions and Energy Data

305-4

GHG emissions intensity

Climate;

305-5

Reduction of GHG emissions

Climate; Emissions and Energy Data; Industrial Savings; UN SDG 13

Effluents and Waste

306-1

Water discharge by quality and destination

Water Data; UN SDG 6

306-2

Waste by type and disposal method

Waste; UN SDG 12

306-4

Transport of Hazardous Waste

Waste; UN SDG 12

Employment

401-1

New employee hires and employee turnover

Employee Data; UN SDG 5

Occupational Health and Safety

403-1

Worker health and safety committees

Health & Safety; UN SDG 8

403-2

Injury and absenteeism rates

Health & Safety

Training and Education

404-1

Average hours of training per year per employee

Employee Training; UN SDG 8

404-2

Programs for upgrading employee skills

Employee Training

404-3

Performance and career development reviews

Employee Training

Diversity and Equal Opportunity

405-1

Diversity of governance bodies and employees

Diversity and Inclusion; UN SDG 5

Freedom of Association and Collective Bargaining

407-1

Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk

Labor & Human Rights

Child Labor

408-1

Operations and suppliers at significant risk for incidents of child labor

Labor & Human Rights

Forced or Compulsory Labor

409-1

Operations and suppliers with risks for forced labor

Labor & Human Rights

Human Rights Assessment

412-1

Operations that have been subject to human rights reviews or impact assessments

Labor & Human Rights

412-2

Employee training on human rights policies or procedures

Our Global Labor Policy

Local Communities

413-1

Local community engagement

Social Responsibility; UN SDG 4

Supplier Social Assessment

414-1

New suppliers that were screened using social criteria

Labor & Human Rights; Public Policy Advocacy; UN SDG 8

414-2

Negative social impacts in the supply chain and actions taken

Labor & Human Rights; UN SDG 8

Customer Health and Safety

416-1

Assessment of health and safety impacts

Product Quality & Safety

416-2

Incidents of non-compliance concerning the health and safety impacts of products and services

Product Quality & Safety

Marketing and Labeling

417-1

Requirements for product and service information and labeling

Product Quality & Safety

 

Product Quality & Safety

Throughout our value chains, we adhere to leading standards for product quality and safety. We help ensure our products’ quality and safety through several means, including:

  • Traceability on multiple levels for our raw material
  • Product safety and quality certifications in place for several operating sites (GMP, HACCP, ISO 9001-2008, ISO 14000, OHSAS 18001, FSSC 22000)
  • Adherence to regulations
  • Label-approval verifications where applicable

Like the global agribusiness and food industry as a whole, we are focused on the complex, extensive and ongoing process of eliminating contaminants from the value chain. During this reporting period, Bunge had no issues of regulatory non-compliance concerning product quality and safety.

GRI 102-2, GRI 103-2, GRI 416-1, GRI 416-2, GRI 417-1

Nutrition

Nutritious food supports human health, which is the basis of human well-being and development. Grains and oilseeds, specifically, account for more than 50 percent of the available calories in the global food supply today. Bunge enhances the nutritional profile of diets around the world with our oilseeds and grains and through the fortified foods we produce.

Nutritious Oils & Grains

Soybean, canola, rapeseed and sunflower oils are among the richest dietary sources of polyunsaturated fat and omega-3 and omega-6 fats, all of which have known health benefits. Whole grains are rich in fiber, which is associated with a reduced risk of diabetes and heart disease. Whole grains also provide minerals such as iron, magnesium and zinc, as well as B vitamins. Gluten-free grains, such as quinoa, millet and sorghum are a good source of nutrients. Bunge is a leading company in the global trade of grains, providing nutritious raw materials around the world.

Making Nutrition Available Globally

With an integrated value chain that stretches from farm to fork, Bunge is well positioned to deliver safe, affordable and nutritious grains and oilseeds around the world. Our fortified margarines, enriched oils and omega-3 blends supply nutrients and other benefits that are needed for human health and that reduce disease risks.

Healthier Diets for Children

In Argentina, 6 out of 10 children live in poverty,[1] resulting in malnutrition, obesity and a lack of healthy living conditions. Since 2010, Bunge Argentina has been committed to improving children’s health and access to healthy diets in the communities where it operates, aligning itself with two of the United Nations Sustainable Development Goals: #2: Zero Hunger and #3: Good Health and Wellbeing.

Bunge Argentina, along with several prestigious local NGOs and public organizations, developed nine CSR programs that were implemented in seven communities. Each implementation required an open and coordinated dialogue with many public actors including city halls, government ministries, hospitals and schools, among others. The main goal was to provide the communities with both the knowledge and tools to address childhood malnutrition, obesity and health. Bunge continues to partner with these communities, developing their tailored programs and enabling them to progress towards their goals. Bunge’s most significant programs include the following: Learning How to Eat at Kinder, Teacher’s Nutrition Seminars and Good Nutritional Practices. The measurable achievements for 2017-2018 were:

  • More than 100 teachers trained
  • More than 30 urban and rural schools participated
  • 2 hospitals involved
  • More than 1,500 children from 0 to 12 years old benefited
  • More than 410 persons received medical treatment
  • 6 research studies carried out, resulting in the release of 4 papers
  • A recognition from Avia Terai City Hall
  • Support from 7 City Halls
  • An organic garden and a traveler recipe book

 

 

Waste

Landfills are a major public health and environmental concern for several reasons, including that compacted organic material in landfills releases methane, a powerful greenhouse gas, and that toxins in discarded waste can leach into soil and groundwater. Bunge is committed to a future of zero waste sent to landfills as well as to reaching a 100 percent waste-recycling rate at our factories.

As part of our new environmental goals for 2016 and beyond, we have approved new waste reduction and recycling targets and are developing programs to achieve them. We’re seeking to reduce the amount of waste we generate by 20%, per ton of production, by the end of 2026.

GRI 103-2

2017 Non-hazardous Waste (metric tons)

Waste Disposition

Amount

Landfill disposal

44,423

Composting

10,834

Land farming

1,327

Physical or chemical treatment

904

Incineration — without energy recovery

418

Incineration — with energy recovery

11,058

Fertilizer

27,333

Biogas production

28,447

Recovery

23,838

Reuse

23,192

Recycling

56,573

On-site storage

5

Another treatment

2,022

Total non-hazardous wastes

230,374

 

2017 Hazardous Waste (metric tons)

Waste Disposition

Amount

Incineration

493

Hazardous landfill disposal

2,239

Recycling

4,331

Recovery

4,430

Reuse

445

Land farming

51

On-site storage

115

Total hazardous wastes

12,103

Total weight of waste (hazardous and non-hazardous)

242,476

GRI 306-2, GRI 306-4

 

 

 

Emissions and Energy Data

2017 GHG Emissions

Direct CO2 emissions from fuel use in facilities

1,722,634

Indirect (Scope 2) GHG emissions from purchased energy

1,549,444

Biogenic CO2 emissions

5,598,163

GRI 102-8, GRI 401-1, GRI 405-1

 

Energy Consumption

DIRECT ENERGY (in gigajoules, GJ)

Natural gas

27,389,608

Gasoline

4,303

Light oil

21,577

Diesel

232,178

Fuel oil/heavy oil

17,040

Liquefied petroleum gas (LPG)

220,981

Wood or wood waste

5,798,729

Seed hulls

4,473,770

Other primary solid biomass

2,059,523

Sugar cane waste

36,231,705

Coal

2,992,311

Total direct energy consumption

79,441,726

INDIRECT ENERGY (in megawatt-hours, MWh)

Total electricity consumption (purchased electricity)

2,303,757

Purchased steam

973,614

Total indirect energy consumption

3,277,371

Electricity sold

770,256

GRI 302-1, GRI 302-2

 

 

 

Water Data

Water Withdrawals for 2017 (in cubic meters)

Total volume of fresh surface water withdrawn

48,522,288

Total volume of ground water withdrawn

15,080,013

Total volume of rainwater collected directly and stored by the organization

0

Total volume of waste water from another organization, used for Bunge supply

0

Total volume withdrawn from municipal water supplies or other public or private water utilities

9,927,024

Total volume of sea water withdrawn

23,617,533

Total volume of water withdrawn

97,146,857

GRI 303-1, GRI 303-3

 

Water Discharges in 2017, by destination (in cubic meters)

Fresh surface water

28,499,238

Brackish surface water/seawater

23,617,821

Groundwater

2,893

Municipal/industrial wastewater treatment plant

3,896,188

Total Water Discharges

56,016,140

GRI 306-1

 

 

 

Industrial Savings

The company continues to assess relevant data regarding savings and innovations in our industrial operations. The intention is to understand how much the decrease in emissions, energy use and waste generation represent in financial savings for Bunge, globally. Analysis show that, for the period of 2016-2017, industrial sustainability efforts resulted in savings of over US$26.5 million for the global Agribusiness and Food & Ingredients segments.  That represents an increase of 47% over the previous period savings (2013 – 2015)

2016-2017 Savings (vs. 2013-2015) from Reductions in Water Use, GHG Emissions and Waste (in USD, for global operations)

 

2017 Savings

Comparison to 2015

Agribusiness (soy, rape, sunflower operations)

$17,767,420

16% more savings than 2013-2015

Food & Ingredients

$8,734,714

223% more savings than 2013-2015

Total cost savings

$26,502,134

47% more savings than 2013-2015

GRI 201-2

 

 

 

Employee Data

External Hire

By Age

External Hire Rate (2017, All Ages)

 

External Hire Rate

External Hires

Average Headcount

2017

2017

2017

All Ages

20.3%

7,053

34,813

   <20

15.6%

624

400

   20-29

43.3%

3,485

8,047

   30-39

15.8%

1,933

12,255

   40-49

9.%

709

7,880

   50-59

4.6%

227

4,883

   60+

5.4%

72

1,341

   Unallocated

40.5%

3

7

 

By Region

External Hire Rate (2017, All Operating Company)

 

External Hire Rate

External Hires

Average Headcount

2017

2017

2017

All Operating Company

20.3%

7,053

34,813

   BAS

10.3%

264

2,552

   BBR

26.7%

4,943

18,502

   BEMEA

16.3%

1,024

6,282

   BMSI

12.2%

32

262

   BNA

12.%

552

4,597

   BPL

11.6%

37

322

   BSC

8.8%

201

2,296

 

Turnover rate

By Gender

Turnover Rate (2017, All Genders)

 

Termination Rate

Terminations

Average Headcount

2017

2017

2017

All Genders

19.9%

6,921

34,813.2

   Male

20.1%

5,688

28,280.4

   Female

18.9%

1,233

6,532.8

 

By Age

Turnover Rate (2017, All Ages)

 

Termination Rate

Terminations

Average Headcount

2017

2017

2017

All Ages

19.9%

6,921

34,813.2

   <20

67.7%

271

400.1

   20-29

34.%

2,732

8,046.9

   30-39

17.3%

2,121

12,255.2

   40-49

12.5%

981

7,880.4

   50-59

9.8%

479

4,882.9

   60+

24.9%

333

1,341.2

   Unallocated

60.8%

4

6.6

 

By Region

Turnover Rate (2017, All Operating Company)

 

Termination Rate

Terminations

Average Headcount

2017

2017

2017

All Operating Company

19.9%

6,921

34,813.2

   BAS

14.1%

359

2,551.5

   BBR

22.3%

4,127

18,502.2

   BEMEA

15.6%

979

6,281.6

   BMSI

14.2%

37

262.

   BNA

22.1%

1,015

4,597.4

   BPL

12.%

39

322.3

   BSC

16.%

367

2,296.3

 

 

Employee Diversity

*For full time employees in 2017

Total

 

2017

Percentage

All Genders

34,281

 

   Male

27,922

81%

   Female

6,359

19%

 

By Age

 

2017

Percentage

All

34,281

 

<20

297

1%

20-29

7,886

23%

30-39

12,151

35%

40-49

7,788

23%

50-59

4,830

14%

60+

1,322

4%

Unallocated

7

0%

 

By Employment Grade and Gender

 

A

B

C

D

E

F

G

G+

Unallocated

All Genders

13

94

424

1,320

3,037

6,508

332

22,517

34

   Male

12

76

329

925

2,098

4,969

201

19,288

24

   Female

1

18

95

395

939

1,541

131

3,230

11

   Male

92%

81%

78%

70%

69%

76%

61%

86%

69%

   Female

8%

19%

22%

30%

31%

24%

39%

14%

31%

 

By Employment Grade and Age

FTE (2017, All Grade, All Ages)

 

 

 

 

 

 

 

 

 

 

2017

 

A

B

C

D

E

F

G

G+

Unallocated

All Ages

13

94

424

1,320

3,037

6,508

332

22,517

34

   <20

 

 

 

 

3

6

 

288

 

   20-29

 

 

13

88

439

1,139

84

6,111

12

   30-39

 

2

87

427

1,093

2,513

152

7,865

12

   40-49

3

37

169

449

845

1,507

68

4,703

7

   50-59

9

43

117

265

500

1,039

24

2,831

2

   60+

1

13

39

87

155

304

4

718

1

   Unallocated

 

 

 

4

2

 

 

1

 

   <20

0%

0%

0%

0%

0%

0%

0%

1%

0%

   20-29

0%

0%

3%

7%

14%

18%

25%

27%

35%

   30-39

0%

2%

20%

32%

36%

39%

46%

35%

35%

   40-49

23%

39%

40%

34%

28%

23%

21%

21%

20%

   50-59

68%

45%

28%

20%

16%

16%

7%

13%

7%

   60+

10%

13%

9%

7%

5%

5%

1%

3%

3%

   Unallocated

0%

0%

0%

0%

0%

0%

0%

0%

0%

 

 

 

 

Member Organizations

Bunge is a member of many organizations globally, supporting local development and working toward a more sustainable agribusiness and food industry. Below, some of Bunge’s major interactions are highlighted.

  • ABIA (Brazilian Association of the Food Industries) -  Board Member
  • ABIOVE (Brazilian Association of Vegetable Oils Industries) – Chair of the board
  • ASAGA (Argentinian Association of fats and oils) - Board Member
  • CAPPRO (Paraguayan Chamber of Cereals and Oilseeds Processors) – Board Member
  • CIARA (Argentinian Oil Industry Chamber) – Board Member
  • COCERAL (European association representing the trade in vegetable oils and fats and agrosupply) - Board Member
  • EBB (European Biodiesel Board) - Board member
  • FEDIOL (the European Union vegetable oil and protein meal industry association)- Board Member
  • Field to Market – Founding Member
  • Sustainable Shipping Initiative
  • The Forest Trust
  • UNICA (Brazilian Sugarcane Industry Association) - Council participation
  • World Business Council on Sustainable Development (WBCSD)

Bunge has become more active in industry associations, as an opportunity to address topics related to sustainability, to leverage our position within the industry, and to promote better communication with government agencies. We advocate for our point of view with associations and various governmental departments, sharing any concerns we may have about the effects of regulations on our business and society.

GRI 102-43

 

Global Forums and Debates

Being active at public events has proven to be an important way to engage with stakeholders, present our perspective and collect feedback. These were the main events at which Bunge served as speaker, since the 2016 update on our global sustainability report:

  • UC Berkeley: Innovation in Agrifood Supply Chains: People-Planet-Profitability, Berkeley - Panelist
  • Innovation Forum: How Business can Tackle Deforestation Series, D.C. / London / D.C. - Panelist
  • Yale University: Materiality and the Food Sector, New Haven – Panelist
  • O Estado de S.Paulo: Agribusiness Summit, Sao Paulo – Speaker
  • Prince of Wales International Sustainability Unit session on deforestation, London – Panelist
  • Latin America Edible Oils Conference, Mexico – Speaker
  • Global Bakery Meeting, Sao Paulo – Speaker
  • WRI’s Forum on Jurisdictional risk mitigation in supply sheds, D.C. - Speaker
  • Launch of CDP Forest Report 2016/2017, Columbia University, New York City – Panelist
  • Bonsucro Week Conference, London – Speaker

GRI 102-21, GRI 102-43

 

 

Government Relations

In each of the countries where we operate, Bunge is subject to a variety of laws that govern various aspects of our business, including:

  • The processing, handling, storage, transport and sale of our products
  • Risk management activities
  • Land use and ownership of land, including laws regulating the acquisition or leasing of rural properties by certain entities and individuals
  • Environmental, health and safety matters

To operate our facilities, we must obtain and maintain numerous permits, licenses and approvals from governmental agencies, and our facilities are subject to periodic inspection by governmental agencies. In addition, we are subject to other laws and government policies affecting the food and agriculture industries, including:

  • Food and feed safety
  • Nutritional and labeling requirements
  • Food security policies

 

Our Interactions

Our relationships with government agencies and policy makers vary from country to country, and are usually related to production, marketing, regulations, compliance, sustainability and trade. Specifically in the European Union, sustainability began to be a strong strategic priority more than a decade ago. Bunge has an office in Brussels, where we interact with different departments of the European Commission, including those related to the environment, agriculture, product regulations, trade and energy. We also engage with members of the European Parliament.

In these relationships, we are asked for information about our business and we are able to explain how our industry works. Similar interactions take place out of Bunge’s Washington, D.C., office. For other regions, our dialogue with government agencies and policy makers is managed by our local headquarters in the countries in which we work. Regardless of region, we strive for consistency in our discourse across global and local interactions.

GRI 102-43

 

Public Policy Advocacy

We seek to influence public policy on bioenergy through direct engagement with policy makers and participation and active governance roles in the trade associations FEDIOL, ABIOVE and UNICA.  We report avoided emissions to the CDP Climate Change program for our low-carbon products: ethanol, biofuel, biomass and bioelectricity.

GRI 102-43

 

Farmers disqualified due to non-compliance with basic sustainability criteria in Brazil in 2017

 

New in 2017

Total blocked in December 2017

Illegal Deforestation (Ibama)

50

234

Amazon Soybean Moratorium

4

103

Modern Slavery Labor issues

6

29

GRI 414-1