Bunge Publishes 2021 Global Sustainability Report and Non-Deforestation Progress Report
26 Maio 2021 - 9:00AM
Business Wire
Bunge, a global leader in agribusiness, food and ingredients,
today released its 2021 Global Sustainability Report, highlighting
company initiatives across three core pillars: Action on Climate,
Responsible Supply Chains and Accountability.
“Never before has sustainability been so critical to our
business and our future,” said Greg Heckman, Bunge’s Chief
Executive Officer. “At Bunge, this means we factor the
environmental and social challenges we must address into the daily
business decisions we make while we continue to connect farmers to
consumers to deliver the food, feed and fuel that society depends
on every day.”
The 2021 report includes Bunge’s Global Non-Deforestation
Report, featuring progress against soy sourcing in key regions at a
higher risk of deforestation including the Cerrado region of South
America and critical palm-producing areas in Southeast Asia. Bunge
continues making significant strides toward its commitment to
achieve deforestation-free supply chains by 2025 and has
consistently issued reports describing progress in key performance
indicators.
“We have the most ambitious global non-deforestation commitment
in the sector – at least five years ahead of our main competitors.
It includes every crop we source, everywhere we have a presence.
Yet our actions will only be successful in achieving broader
success against deforestation if we work together through
multi-stakeholder collaboration. By seeking industry alignment on
common definitions, cutoff dates, and other measures, we will
witness more impactful and long-lasting transformation in the
sector – none of which will happen if companies act alone,”
highlighted Rob Coviello, Bunge’s Chief Sustainability Officer and
Government Affairs Leader.
The Global Non-Deforestation Report includes details on Bunge’s
traceability and monitoring efforts, supplier and farmer engagement
– including digital tools and incentives – actions against
non-compliance, multi-stakeholder collaborations and sustainability
certifications.
For soy sourcing in South America, this is Bunge’s tenth report
that showcases its industry-leading performance on the ground, with
100% traceability to all direct-source farms in the high-priority
areas of South America. Additionally, the company shares detailed
information about how its teams carry out farmer engagement
processes when deforestation/conversion of land in South America is
detected.
For palm oil sourcing, Bunge has been focused on high
traceability and has one of the highest traceability-to-plantation
numbers in the industry. In our Global Non-Deforestation Report and
palm oil dashboard, Bunge now reports 98% traceability to mill and
77% traceability to plantation – two critical measures for the
sourcing of this commodity.
To read Bunge’s 2021 Global Sustainability Report, visit
bunge.com/sustainability.
About Bunge
At Bunge (www.bunge.com, NYSE: BG), our purpose is to connect
farmers to consumers to deliver essential food, feed and fuel to
the world. With more than two centuries of experience, unmatched
global scale and deeply rooted relationships, we work to put
quality food on the table, increase sustainability where we
operate, strengthen global food security, and help communities
prosper. As the world’s leader in oilseed processing and a leading
producer and supplier of specialty plant-based oils and fats, we
value our partnerships with farmers to improve the productivity and
environmental efficiency of agriculture across our value chains and
to bring quality products from where they’re grown to where they’re
consumed. At the same time, we collaborate with our customers to
create and reimagine the future of food, developing tailored and
innovative solutions to meet evolving dietary needs and trends in
every part of the world. Our Company is headquartered in St. Louis,
Missouri, and we have more than 23,000 dedicated employees working
across more than 350 facilities located in more than 40
countries.
Website Information
We routinely post important information for investors on our
website, www.bunge.com, in the “Investors” section. We may use this
website as a means of disclosing material, non-public information
and for complying with our disclosure obligations under Regulation
FD. Accordingly, investors should monitor the Investors section of
our website, in addition to following our press releases, SEC
filings, public conference calls, presentations and webcasts. The
information contained on, or that may be accessed through, our
website is not incorporated by reference into, and is not a part
of, this document.
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Media Contact: Bunge News Bureau Bunge 636-292-3022
news@bunge.com
Investor Contact: Ruth Ann Wisener Bunge Limited 636-292-3014
Ruthann.wisener@bunge.com
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