Climate Change Data

Bunge Limited

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Climate change
  • Responsible supply chains
  • Accountability

Environmental Achievements

  • Deforestation-free supply chains by 2025 (commitment)
  • 100% traceability of soybeans purchased in South America (announced shortly after report)

Social Achievements

  • Industry-leading deforestation commitment
  • Working with farmers to promote sustainable agriculture and provide economic incentives for sustainable practices
  • Virtual stakeholder forum with NGOs, farmers, customers, and banks to gather feedback

Governance Achievements

  • Strong sustainability organization globally
  • Board Committee on Sustainability and Corporate Responsibility
  • $1.8 billion revolving credit facility linked to five sustainability KPIs

Climate Goals & Targets

Short-term Goals:
  • Deforestation-free supply chains by 2025

Environmental Challenges

  • Supply chain disruptions (implied due to global events like ASF, trade wars, and the pandemic)
  • Balancing the need for profitability with ESG goals
Mitigation Strategies
  • Portfolio refinement, operational improvements, and risk management
  • Global operating model to connect producers and consumers
  • Integrating sustainability into every strategic decision

Supply Chain Management

Supplier Audits: Monitoring over 40 million hectares and 9,000 farms in Brazil

Responsible Procurement
  • Traceability of soybeans
  • Working with farmers to promote sustainable practices

Climate-Related Risks & Opportunities

Opportunities
  • Renewable diesel demand

Sustainable Products & Innovation

  • Plant-based proteins
  • Specialty fats and oils