Sustainable agriculture

Supply chains that are transparent, verifiable and impactful

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We continue our journey promoting sustainable agriculture.

We believe that for the agricultural sector to grow the safe, quality food needed now and in the future, the natural environment on which its depends must be protected and improved, and the social and economic well-being of growers, their employees and local communities must be supported.

At Bunge, our vision is to build 21st Century Value Chains that are transparent, verified sustainable and create positive impacts on the ground in support of the Sustainable Development Goals. This includes:

  • eliminating deforestation from our agricultural supply chains worldwide
  • reducing greenhouse gas (GHG) emissions
  • protecting peat land and other carbon-capturing ecosystems
  • conserving freshwater and acting responsibly in water-stressed regions
  • conserving biodiversity
  • supporting livelihoods
  • respecting labor and land use rights
  • applying free, prior and informed consent.

GRI 103-2

Our sustainability policy is embedded throughout all our value chains. 

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Palm Oil

Palm oil is the most widely used vegetable oil in the world, and will remain a crucial part of the food production process for years to come. Bunge believes that palm oil and palm kernel oil must be produced in a manner that is legally compliant and traceable, that protects forests and biodiversity, reduces greenhouse gas (GHG) emissions and respects the rights of indigenous peoples, workers and local communities. Our Palm Oil Sourcing Policy shows our approach to sustainable sourcing of this commodity. 

In 2018, we achieved 98% traceability to the mill for palm oil, and over 50% traceability to plantation. Over 20 million hectares of forest are monitored by satellite. Land use changes are reported on a bi-weekly basis, and we work with a variety of stakeholders to engage plantations that are identified as having violated our sourcing policy.

Full information about our palm oil traceability, policies and activities are contained in our Palm Oil Dashboards, published quarterly by Bunge Loders Croklaan. The most recent dashboard for Q1 in 2019 can be found here.

 

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Soy

Bunge’s Grains & Oilseeds Commitment reflects our belief in sustainable value chains for major commodities such as soy, the world’s second-most used oil. In particular, we commit to:

  • achieve deforestation-free supply worldwide between 2020-2025, considering both direct and indirect sourcing,
  • employ science-based definitions and cutoff dates for deforestation determined by credible multi-stakeholder processes,
  • apply these criteria to our supply chains, in addition to minimum standards of legal compliance,
  • respect human rights and indigenous community rights, and apply free, prior and informed consent for land purchases and use,
  • enhance traceability to farm and transparency overall,
  • ensure respect for legally protected areas,
  • publicly disclose progress on our efforts,
  • engage in open and productive dialogue with stakeholders.

We publish bi-annual reports on traceability and impact related out our grains & oilseeds value chain, which can be found in our Reports section. Our most recent report from March 2019 is available here.

Palm Oil

Palm oil is the most widely used vegetable oil in the world, and will remain a crucial part of the food production process for years to come. Bunge believes that palm oil and palm kernel oil must be produced in a manner that is legally compliant and traceable, that protects forests and biodiversity, reduces greenhouse gas (GHG) emissions and respects the rights of indigenous peoples, workers and local communities. Our Palm Oil Sourcing Policy shows our approach to sustainable sourcing of this commodity. 

In 2018, we achieved 98% traceability to the mill for palm oil, and over 50% traceability to plantation. Over 20 million hectares of forest are monitored by satellite. Land use changes are reported on a bi-weekly basis, and we work with a variety of stakeholders to engage plantations that are identified as having violated our sourcing policy.

Full information about our palm oil traceability, policies and activities are contained in our Palm Oil Dashboards, published quarterly by Bunge Loders Croklaan. The most recent dashboard for Q1 in 2019 can be found here.

 

Soy

Bunge’s Grains & Oilseeds Commitment reflects our belief in sustainable value chains for major commodities such as soy, the world’s second-most used oil. In particular, we commit to:

  • achieve deforestation-free supply worldwide between 2020-2025, considering both direct and indirect sourcing,
  • employ science-based definitions and cutoff dates for deforestation determined by credible multi-stakeholder processes,
  • apply these criteria to our supply chains, in addition to minimum standards of legal compliance,
  • respect human rights and indigenous community rights, and apply free, prior and informed consent for land purchases and use,
  • enhance traceability to farm and transparency overall,
  • ensure respect for legally protected areas,
  • publicly disclose progress on our efforts,
  • engage in open and productive dialogue with stakeholders.

We publish bi-annual reports on traceability and impact related out our grains & oilseeds value chain, which can be found in our Reports section. Our most recent report from March 2019 is available here.

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Verified Sustainable

We are certifying or verifying the sustainability profile of greater volumes of the products we process and ship.  A key part of our efforts is satellite monitoring.  In 2018, we monitored over 7,700 different locations in South America for deforestation. Regrettably, we had to block farmers who failed to engage with our voluntary commitments regarding our non-deforestation policy, Amazon Soy Moratorium, Modern Slavery, Para State (BR) Protocol, and those who violated Brazilian environmental laws. For our palm supply we maintain a monitoring program to check for deforestation in key regions in Southeast Asia.  By Q4 2018, 36% of our palm oil was verified deforestation free.

Expanding positive impact

Bunge is committed to building supply chains that reflects these beliefs and principles, and believe if we do, the impact on the ground will be tangible.  We also recognize the important role we can play in encouraging a broader transition to more sustainable industry, and we will work with partners and stakeholders to advance leading standards and develop practical approaches to realize them at scale.

We have a robust history of action on the ground, and readily engage with our stakeholders to create scalable solutions to common sustainability challenges.

In 2017 we helped launch Agroideal.org, a decision support tool that promotes the sustainable expansion of agriculture in the Brazilian Cerrado. The tool was also launched in early 2019 for the Argentinian Chaco, as a result of the successful implementation in Brazil. In 2018, we pioneered a first-of-its kind financing mechanism to help farmers who commit to expand crop production without conversion of new land. Read more in the Projects and Partnerships page.

We continue to support the Amazon Soy Moratorium, of which Bunge is a founding member, and which was initiated by industry associations (ABIOVE and ANEC) in 2006.  It obliges members not to buy soy from areas in the Amazon Biome that were deforested after July 2008.  This initiative, still active today, represented the most appropriate solution for the sector. By 2018, 177 soybean growers remain disqualified because of non-compliance with the Moratorium.

In the palm value chain, we work with stakeholders to support landscape projects and satellite monitoring with the goal of protecting high-conservation-value (HCV) and high-carbon-stock (HCS) forests critical for minimizing GHG emissions, combating climate change, and preserving habitats and biodiversity.

GRI 102-10, GRI 103-2, GRI 304-1, GRI 304-2, GRI 304-3

Expanding positive impact

Bunge is committed to building supply chains that reflects these beliefs and principles, and believe if we do, the impact on the ground will be tangible.  We also recognize the important role we can play in encouraging a broader transition to more sustainable industry, and we will work with partners and stakeholders to advance leading standards and develop practical approaches to realize them at scale.

We have a robust history of action on the ground, and readily engage with our stakeholders to create scalable solutions to common sustainability challenges.

In 2017 we helped launch Agroideal.org, a decision support tool that promotes the sustainable expansion of agriculture in the Brazilian Cerrado. The tool was also launched in early 2019 for the Argentinian Chaco, as a result of the successful implementation in Brazil. In 2018, we pioneered a first-of-its kind financing mechanism to help farmers who commit to expand crop production without conversion of new land. Read more in the Projects and Partnerships page.

We continue to support the Amazon Soy Moratorium, of which Bunge is a founding member, and which was initiated by industry associations (ABIOVE and ANEC) in 2006.  It obliges members not to buy soy from areas in the Amazon Biome that were deforested after July 2008.  This initiative, still active today, represented the most appropriate solution for the sector. By 2018, 177 soybean growers remain disqualified because of non-compliance with the Moratorium.

In the palm value chain, we work with stakeholders to support landscape projects and satellite monitoring with the goal of protecting high-conservation-value (HCV) and high-carbon-stock (HCS) forests critical for minimizing GHG emissions, combating climate change, and preserving habitats and biodiversity.

GRI 102-10, GRI 103-2, GRI 304-1, GRI 304-2, GRI 304-3