Bunge, a global leader in agribusiness, food and ingredients, recently released its2021 Global Sustainability Report, highlighting company initiatives across three core pillars: Action on Climate, Responsible Supply Chains and Accountability.(Logo quoted from Yahoo’s image)

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.

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 Global Non-Deforestation Report and palm oil dashboard, Bunge reports 98% traceability to mill and 77% traceability to plantation – two critical measures for the sourcing of this commodity.

(IRuniverse)

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