Soybean
Policy & commitments

Our Grains & Oilseeds Commitment reflects our belief in sustainable value chains for major commodities such as soy, the world’s second-most used oil. As a leading company operating in the three largest soybean producing countries in the world – Brazil, the United States, and Argentina – we work to ensure a sustainable supply of this product.

Our commitment is especially material for soybeans sourced in areas of South America that are at higher risk of deforestation, such the Brazilian Cerrado and Argentinian Chaco regions. In 2020, 100% of our soy volumes directly sourced from farms in these regions are traceable. We monitor over 8,300 farms across more than 14 million hectares of land. A portion of these farms are do longer supply to us, though we continue to monitor them for any land use change. 

The Grains & Oilseeds commitment was established in 2015 and sets out our approach to promoting sustainable agriculture and achieving deforestation-free supply chains. It calls for value chains that are transparent, verified sustainable and which create positive impacts on the ground while advancing the spirit of the Sustainable Development Goals.

The commitment calls for:

  • eliminating deforestation from our agricultural supply chains worldwide by 2025
  • 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.
Transparency and Traceability

Bi-annual reports with more information on traceability and monitoring in our soy value chain can be found on the Bunge website. The most recent report #9 from October 2020 is available here

Certification

We certify and verify the sustainability of more and more of the products we process and ship. Our portfolio includes a variety of certified soybean based products:

  • Biomass biofuel, voluntary sustainability scheme (2BSvs)
  • European Feed Manufacturers’ Federation (FEFAC)
  • Renewable Fuel Standard (RFS, EPA)
  • US Soybean Export Council (USSEC)
  • Round Table on Responsible Soy (RTRS)
  • International Sustainability & Carbon Certification (ISCC)
  • Bunge's ProS certification for Brazilian Soy (PROS)

Impact on the ground

Our efforts to continuously push the envelope for sustainable soybean cover many different topics:

Sustainability
Partnership with Solidaridad for sustainable soy
Sustainability
Agroideal: enabling sustainable expansion of soy
Sustainability
Amazon soy moratorium
Sustainability
Centerfield: promoting supply chain transparency and sustainable agriculture
Sustainability
Innovative financing for soy expansion in Brazil