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  • Overall approach
    6/14
    • Overarching commitment on deforestation
      4/6
      Deforestation commitment
      Deforestation-Free
      4/6
      "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".
    • Signatory to an initiative tackling deforestation
      1/1
      Signatory
      Yes
      1/1
      Soy Moratorium; UN Global Compact; Other intiative, Soft Commodities Forum 
      Bunge state that they are a founding member of the Soy Moratorium and a member of the Soft Commodities Forum and UN Global Compact.
    • Awareness of the value of forests
      1/1
      Awareness
      Yes
      1.00/1
      "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."
    • Target to reduce emissions from land-use change
      0/3
    • Reporting on emissions from land-use change
      0/3
  • Commodity score
    40/86
    • Soy
      51/86
      • Commitment Strength
        29/36
        • Commitment to protect priority forests
          16/21
          • Commitment details
            Forest-related commitment
            8/10.7
            Commitment to protect priority forests
            Forest-related commitment
            8/10.7
            Type of commitment: Zero deforestation
            Bunge state that they will "achieve deforestation-free supply worldwide between 2020-2025, considering both direct and indirect sourcing".
          • Commitment applies to all sourcing regions
            Yes
            1.5/1.5
            Commitment applies to all sourcing regions
            Yes
            1.5/1.5
            Bunge state that they will "achieve deforestation-free supply worldwide between 2020-2025, considering both direct and indirect sourcing".
          • Commitment applies to all operations
            Yes
            1.5/1.5
            Commitment applies to all operations
            Yes
            1.5/1.5
            Bunge state that they will "achieve deforestation-free supply worldwide between 2020-2025, considering both direct and indirect sourcing".
          • Commitment applies to all direct suppliers
            Yes
            1.5/1.5
            Commitment applies to all direct suppliers
            Yes
            1.5/1.5
            Bunge state that they will "achieve deforestation-free supply worldwide between 2020-2025, considering both direct and indirect sourcing".
          • Commitment applies to all indirect suppliers
            Yes
            1.5/1.5
            Commitment applies to all indirect suppliers
            Yes
            1.5/1.5
            Bunge state that they will "achieve deforestation-free supply worldwide between 2020-2025, considering both direct and indirect sourcing".
          • Target date
            2025
            0.5/2
            Target date
            2025
            0.5/2
            Bunge state that they will "achieve deforestation-free supply worldwide between 2020-2025, considering both direct and indirect sourcing".
          • Target is quantifiable
            Yes
            2/2
            Target is quantifiable
            Yes
            2/2
            Bunge state that they will "achieve deforestation-free supply worldwide between 2020-2025, considering both direct and indirect sourcing".
        • Commitment to a traceable supply chain
          12/15
          • Commitment details
            traces to Point of production
            5.3/5.3
            Commitment to a traceable supply chain
            traces to Point of production
            5.3/5.3
            "Bunge has implemented a three-phase approach to increasing traceability of our soy supply in South America. Phase 1 targeted the highest-priority regions, where agricultural expansion has been most prevalent in recent years. Phases 2 and 3 expanded data collection across a larger portion of the Cerrado region. Today, a significant share of Bunge’s directly sourced volumes in these areas is traceable to the farm level. Volumes sourced from third parties are traceable to the elevator."
          • Commitment applies to all sourcing regions
            No
            0/1.5
            Commitment applies to all sourcing regions
            No
            0/1.5
            "our soy supply in South America"
          • Commitment applies to all operations
            Yes
            1.5/1.5
            Commitment applies to all operations
            Yes
            1.5/1.5
            "Bunge has implemented a three-phase approach to increasing traceability of our soy supply in South America. Phase 1 targeted the highest-priority regions, where agricultural expansion has been most prevalent in recent years. Phases 2 and 3 expanded data collection across a larger portion of the Cerrado region. Today, a significant share of Bunge’s directly sourced volumes in these areas is traceable to the farm level. Volumes sourced from third parties are traceable to the elevator."
          • Commitment applies to all direct suppliers
            Yes
            1.5/1.5
            Commitment applies to all direct suppliers
            Yes
            1.5/1.5
            "Bunge has implemented a three-phase approach to increasing traceability of our soy supply in South America. Phase 1 targeted the highest-priority regions, where agricultural expansion has been most prevalent in recent years. Phases 2 and 3 expanded data collection across a larger portion of the Cerrado region. Today, a significant share of Bunge’s directly sourced volumes in these areas is traceable to the farm level. Volumes sourced from third parties are traceable to the elevator."
          • Commitment applies to all indirect suppliers
            Yes
            1.5/1.5
            Commitment applies to all indirect suppliers
            Yes
            1.5/1.5
            "Bunge has implemented a three-phase approach to increasing traceability of our soy supply in South America. Phase 1 targeted the highest-priority regions, where agricultural expansion has been most prevalent in recent years. Phases 2 and 3 expanded data collection across a larger portion of the Cerrado region. Today, a significant share of Bunge’s directly sourced volumes in these areas is traceable to the farm level. Volumes sourced from third parties are traceable to the elevator."
          • Target date
            2025
            0.5/2
            Target date
            2025
            0.5/2
            Traceability is a step in Bunge's plan to be deforestation free by 2025
          • Target is quantifiable
            Yes
            2/2
            Target is quantifiable
            Yes
            2/2
            Traceability is a step in Bunge's plan to be deforestation free by 2025
      • Reporting and Implementation
        14/34
        • Reporting against commitments
          6/6
          • Commitment to protect priority forests
            Yes
            3/3
            Commitment to protect priority forests
            Yes
            3/3
            Bunge reported an 18% decrease in new deforestation cases. 
          • Commitment to a traceable supply chain
            Yes
            3/3
            Commitment to a traceable supply chain
            Yes
            3/3
            "High traceability to farm* level over risky areas in Brazil: 2017 90% 2018 92%"
        • Reporting is independently verified
          0/4
          • Commitment to protect priority forests
            No
            0/2
          • Commitment to a traceable supply chain
            No
            0/2
        • Deforestation cut off date
          No
          0/2
        • Monitoring and verification of supplier compliance
          No monitoring
          0/4
        • Engagement with non-compliant suppliers
          Blacklist non-compliant suppliers without engagement
          2/4
          Engagement with non-compliant suppliers
          Blacklist non-compliant suppliers without engagement
          2/4
          "By 2018, 177 soybean growers remain disqualified because of non-compliance with the Moratorium."
        • Publishing supplier lists
          No disclosure
          0/4
        • Accessible grievance mechanism
          No
          0/4
        • Collaborative actions
          Yes
          2/2
          Collaborative actions
          Yes
          2/2
          Attending & contributing to meetings
          Bunge "continue[s] to support the Amazon Soy Moratorium, of which Bunge is a founding member." As well as this, Bunge recently took part in Cerrado Working Group meetings.
        • Report volumes of commodity
          Full
          4/4
          Report volumes of commodity
          Full
          4/4
          Bunge reported their consumption of soy as 41000000 tons, and their certified volume as 1000000 tons, to CDP in 2018.
      • Social Considerations
        8/16
        • Commitment to ensure Free, Prior and Informed Consent
          Yes
          4/4
          Commitment to ensure Free, Prior and Informed Consent
          Yes
          4/4
          Bunge stated that their soy suppliers must "respect human rights and indigenous community rights, and apply free, prior and informed consent for land purchases and use".
        • Labour rights in the supply chain
          Yes
          4/4
          Labour rights in the supply chain
          Yes
          4/4
          ILO; Discrimination; Forced Labour; Child Labour; Freedom of association
          "Bunge require their suppliers to ensure their workers have freedom of association, and to be free from forced labour, child labour and discrimination."
        • Gender equality in the supply chain
          No commitment
          0/4
        • Inclusion of small-scale farmers
          No
          0/4
    • Palm oil
      65/86
      • Commitment Strength
        31/36
        • Commitment to protect priority forests
          13/15
          • Commitment details
            Forest-related commitment
            6/8
            Commitment to protect priority forests
            Forest-related commitment
            6/8
            Type of commitment: Zero deforestation
            "Sustainability commitments, in addition to those stated previously, which are applicable to any new oil palm plantings by suppliers to Bunge and their third party suppliers include: No deforestation and protection of High Conservation Value (HCV) areas."
          • Commitment applies to all sourcing regions
            Yes
            1/1
            Commitment applies to all sourcing regions
            Yes
            1/1
            "Sustainability commitments, in addition to those stated previously, which are applicable to any new oil palm plantings by suppliers to Bunge and their third party suppliers include: No deforestation and protection of High Conservation Value (HCV) areas."
          • Commitment applies to all operations
            Yes
            1/1
            Commitment applies to all operations
            Yes
            1/1
            "Sustainability commitments, in addition to those stated previously, which are applicable to any new oil palm plantings by suppliers to Bunge and their third party suppliers include: No deforestation and protection of High Conservation Value (HCV) areas."
          • Commitment applies to all direct suppliers
            Yes
            1/1
            Commitment applies to all direct suppliers
            Yes
            1/1
            "Sustainability commitments, in addition to those stated previously, which are applicable to any new oil palm plantings by suppliers to Bunge and their third party suppliers include: No deforestation and protection of High Conservation Value (HCV) areas."
          • Commitment applies to all indirect suppliers
            Yes
            1/1
            Commitment applies to all indirect suppliers
            Yes
            1/1
            "Sustainability commitments, in addition to those stated previously, which are applicable to any new oil palm plantings by suppliers to Bunge and their third party suppliers include: No deforestation and protection of High Conservation Value (HCV) areas."
          • Target date
            Current
            1.3/1.3
            Target date
            Current
            1.3/1.3
            "Sustainability commitments, in addition to those stated previously, which are applicable to any new oil palm plantings by suppliers to Bunge and their third party suppliers include: No deforestation and protection of High Conservation Value (HCV) areas."
          • Target is quantifiable
            Yes
            1.3/1.3
            Target is quantifiable
            Yes
            1.3/1.3
            "Sustainability commitments, in addition to those stated previously, which are applicable to any new oil palm plantings by suppliers to Bunge and their third party suppliers include: No deforestation and protection of High Conservation Value (HCV) areas."
        • Commitment to protect High Carbon Stock areas and/or peatlands
          11/11
          • Commitment details
            Yes
            4/4
            Commitment to protect High Carbon Stock areas and/or peatlands
            Yes
            4/4
            Type of commitment: HCS; Peat
            Bunge state that they will permit "No deforestation and protection of High Carbon Stock (HCS) areas, using the revised High Carbon Stock Approach [...]. No development of peatlands regardless of depth, and protection of peatlands through water management and fire prevention".
          • Commitment applies to all sourcing regions
            Yes
            1/1
            Commitment applies to all sourcing regions
            Yes
            1/1
            Bunge state that they will permit "No deforestation and protection of High Carbon Stock (HCS) areas, using the revised High Carbon Stock Approach [...]. No development of peatlands regardless of depth, and protection of peatlands through water management and fire prevention".
          • Commitment applies to all operations
            Yes
            1/1
            Commitment applies to all operations
            Yes
            1/1
            Bunge state that they will permit "No deforestation and protection of High Carbon Stock (HCS) areas, using the revised High Carbon Stock Approach [...]. No development of peatlands regardless of depth, and protection of peatlands through water management and fire prevention".
          • Commitment applies to all direct suppliers
            Yes
            1/1
            Commitment applies to all direct suppliers
            Yes
            1/1
            Bunge state that they will permit "No deforestation and protection of High Carbon Stock (HCS) areas, using the revised High Carbon Stock Approach [...]. No development of peatlands regardless of depth, and protection of peatlands through water management and fire prevention".
          • Commitment applies to all indirect suppliers
            Yes
            1/1
            Commitment applies to all indirect suppliers
            Yes
            1/1
            Bunge state that they will permit "No deforestation and protection of High Carbon Stock (HCS) areas, using the revised High Carbon Stock Approach [...]. No development of peatlands regardless of depth, and protection of peatlands through water management and fire prevention".
          • Target date
            Current
            1.3/1.3
            Target date
            Current
            1.3/1.3
            Bunge state that they will permit "No deforestation and protection of High Carbon Stock (HCS) areas, using the revised High Carbon Stock Approach [...]. No development of peatlands regardless of depth, and protection of peatlands through water management and fire prevention".
          • Target is quantifiable
            Yes
            1.3/1.3
            Target is quantifiable
            Yes
            1.3/1.3
            Bunge state that they will permit "No deforestation and protection of High Carbon Stock (HCS) areas, using the revised High Carbon Stock Approach [...]. No development of peatlands regardless of depth, and protection of peatlands through water management and fire prevention".
        • Commitment to a traceable supply chain
          8/11
          • Commitment details
            traces to Point of production
            4/4
            Commitment to a traceable supply chain
            traces to Point of production
            4/4
            "Bunge’s goal is to ensure that all volumes of palm (kernel) oil and palm (kernel) oil fractions will be 100% traceable to mills. We will strive to increase traceability to plantation level over time".
          • Commitment applies to all sourcing regions
            Yes
            1/1
            Commitment applies to all sourcing regions
            Yes
            1/1
            "Bunge’s goal is to ensure that all volumes of palm (kernel) oil and palm (kernel) oil fractions will be 100% traceable to mills. We will strive to increase traceability to plantation level over time".
          • Commitment applies to all operations
            Yes
            1/1
            Commitment applies to all operations
            Yes
            1/1
            "Bunge’s goal is to ensure that all volumes of palm (kernel) oil and palm (kernel) oil fractions will be 100% traceable to mills. We will strive to increase traceability to plantation level over time".
          • Commitment applies to all direct suppliers
            Yes
            1/1
            Commitment applies to all direct suppliers
            Yes
            1/1
            "Bunge’s goal is to ensure that all volumes of palm (kernel) oil and palm (kernel) oil fractions will be 100% traceable to mills. We will strive to increase traceability to plantation level over time".
          • Commitment applies to all indirect suppliers
            Yes
            1/1
            Commitment applies to all indirect suppliers
            Yes
            1/1
            "Bunge’s goal is to ensure that all volumes of palm (kernel) oil and palm (kernel) oil fractions will be 100% traceable to mills. We will strive to increase traceability to plantation level over time".
          • Target date
            No deadline
            0/1.3
          • Target is quantifiable
            No
            0/1.3
      • Reporting and Implementation
        25/34
        • Reporting against commitments
          4/6
          • Commitment to protect priority forests
            Yes
            2/2
            Commitment to protect priority forests
            Yes
            2/2
            Bunge report that 17% of palm oil and 18% of palm kernel oil is verified deforestation free
          • Commitment to protect High Carbon Stock areas and/or peatlands
            No
            0/2
          • Commitment to a traceable supply chain
            Yes
            2/2
            Commitment to a traceable supply chain
            Yes
            2/2
            "In 2018, we achieved 98% traceability to the mill for palm oil, and over 50% traceability to plantation."
        • Reporting is independently verified
          1/4
          • Commitment to protect priority forests
            Yes
            1.3/1.3
            Commitment to protect priority forests
            Yes
            1.3/1.3
            certification
            The reporting is verified by Control Union.
          • Commitment to protect High Carbon Stock areas and/or peatlands
            No
            0/1.3
          • Commitment to a traceable supply chain
            No
            0/1.3
        • Deforestation cut off date
          No
          0/2
        • Monitoring and verification of supplier compliance
          Non-specific monitoring statement
          2/4
          Monitoring and verification of supplier compliance
          Non-specific monitoring statement
          2/4
          "We will risk assess all palm oil supplier mills using tools such as the spatial data and remote sensing information made available by various organizations such as the World Resource Institute’s (WRI) Global Forest Watch (GFW) platform. Together with stakeholder alerts, which will also include human rights risk alerts, we will establish priorities for conducting mill-level verification assessments."
        • Engagement with non-compliant suppliers
          Engage with suppliers with a time-bound threat of exclusion
          4/4
          Engagement with non-compliant suppliers
          Engage with suppliers with a time-bound threat of exclusion
          4/4
          "We will actively promote and support the transformation of the palm oil supply chain through a process of supplier engagement. We will continue to engage with key suppliers to promote our policy commitments and build capacity of mills and supplier companies to ensure compliance. If there are suppliers who are unwilling to transform or prove to continuously miss the targets set in their time-bound plans, we will cease to do business with them."
        • Publishing supplier lists
          Discloses supplier list
          4/4
          Publishing supplier lists
          Discloses supplier list
          4/4
          Bunge reported a list of their palm mills in 2018.
        • Accessible grievance mechanism
          Yes
          4/4
          Accessible grievance mechanism
          Yes
          4/4
          Both
          Bunge have an open grievance mechanism and grievance procedure.
        • Collaborative actions
          Yes
          2/2
          Collaborative actions
          Yes
          2/2
          Providing support/advice/experience/expertise
          "Bunge sees the benefit of a collective industry effort to monitor HCV, HCS and peatlands and we have actively reached out to the World Resources Institute and industry peers to improve Global Forest Watch with radar technology. Bunge will contribute to this initiative. Over the last two years we have worked with near real time radar alerts but to make this method more actionable (follow up on alerts) industry wide collaboration is essential"
        • Report volumes of commodity
          Full
          4/4
          Report volumes of commodity
          Full
          4/4
          1060000 tons
          Bunge reported their consumption of palm oil as 1060000 tons, and their certified volume as 300000 tons, to CDP in 2018.
      • Social Considerations
        8/16
        • Commitment to ensure Free, Prior and Informed Consent
          Yes
          4/4
          Commitment to ensure Free, Prior and Informed Consent
          Yes
          4/4
          Bunge stated that their suppliers must "respect the land tenure rights of indigenous and local communities, including their right to give or withhold their Free, Prior and Informed Consent (FPIC) to operations on land over which they hold legal, communal or customary rights in accordance with the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP) and the Social Requirements for Conserving High Carbon Stock Forests."
        • Labour rights in the supply chain
          Yes
          4/4
          Labour rights in the supply chain
          Yes
          4/4
          ILO; Discrimination; Forced Labour; Child Labour; Freedom of association
          "Bunge require their suppliers to ensure their workers have freedom of association, and to be free from forced labour, child labour and discrimination."
        • Gender equality in the supply chain
          No commitment
          0/4
        • Inclusion of small-scale farmers
          No
          0/4
    • Pulp & Paper
      4/86
      • Commitment Strength
        0/36
        • Commitment to protect priority forests
          0/15
          • Commitment details
            No commitment
            0/8
          • Commitment applies to all sourcing regions
            No
            0/1
          • Commitment applies to all operations
            No
            0/1
          • Commitment applies to all direct suppliers
            No
            0/1
          • Commitment applies to all indirect suppliers
            No
            0/1
          • Target date
            No deadline
            0/1.3
          • Target is quantifiable
            No
            0/1.3
        • Commitment to reduce use of virgin wood fibre
          0/11
          • Commitment details
            No
            0/4
          • Commitment applies to all sourcing regions
            No
            0/1
          • Commitment applies to all operations
            No
            0/1
          • Commitment applies to all direct suppliers
            No
            0/1
          • Commitment applies to all indirect suppliers
            No
            0/1
          • Target date
            No deadline
            0/1.3
          • Target is quantifiable
            No
            0/1.3
        • Commitment to a traceable supply chain
          0/11
          • Commitment details
            No traceability commitment
            0/4
          • Commitment applies to all sourcing regions
            No
            0/1
          • Commitment applies to all operations
            No
            0/1
          • Commitment applies to all direct suppliers
            No
            0/1
          • Commitment applies to all indirect suppliers
            No
            0/1
          • Target date
            No deadline
            0/1.3
          • Target is quantifiable
            No
            0/1.3
      • Reporting and Implementation
        0/34
        • Reporting against commitments
          0/6
          • Commitment to protect priority forests
            No
            0/2
          • Commitment to reduce use of virgin wood fibre
            No
            0/2
          • Commitment to a traceable supply chain
            No
            0/2
        • Reporting is independently verified
          0/4
          • Commitment to protect priority forests
            No
            0/1.3
          • Commitment to reduce use of virgin wood fibre
            No
            0/1.3
          • Commitment to a traceable supply chain
            No
            0/1.3
        • Deforestation cut off date
          No
          0/2
        • Monitoring and verification of supplier compliance
          No monitoring
          0/4
        • Engagement with non-compliant suppliers
          No engagement or exclusion
          0/4
        • Publishing supplier lists
          No disclosure
          0/4
        • Accessible grievance mechanism
          No
          0/4
        • Collaborative actions
          No
          0/2
        • Report volumes of commodity
          No reporting
          0/4
      • Social Considerations
        4/16
        • Commitment to ensure Free, Prior and Informed Consent
          No
          0/4
        • Labour rights in the supply chain
          Yes
          4/4
          Labour rights in the supply chain
          Yes
          4/4
          ILO; Discrimination; Forced Labour; Child Labour; Freedom of association
          "Bunge require their suppliers to ensure their workers have freedom of association, and to be free from forced labour, child labour and discrimination."
        • Gender equality in the supply chain
          No commitment
          0/4
        • Inclusion of small-scale farmers
          No
          0/4
  • Commitment strength
    20/36
    Avg. score
  • Reporting and Implementation
    13/34
    Avg. score
  • Social considerations
    7/16
    Avg. score

Profile

Bunge is a global agribusiness operating in about 40 countries and involved in the processing, manufacture and trading of agricultural commodities. The company is one of the major players in the South American soy industry and one of the largest commodity traders globally. It is one of the largest soy processors in Brazil and one of the market leaders in Argentina, Bolivia and Paraguay. The company also has facilities in China and India. Globally it has 40 million tons of annual soy crush capacity. Bunge is also among the top five exporters of soy from Argentina and Paraguay, and is one of the largest in Brazil. 

Sector
Industry sector 
Agri commodities, Oils & fats
Segments
Trader, Processor
HQ
HQ 
United States
Company Type
Company type 
Public listed
Collective Commitments
Consumer Goods Forum member
New York Declaration on Forests signatory

Top Brands

Espiga, Homal, Nutra-Clear, WholeHarvest, Pour'n Fry, Pristine Gourmet, Nuestra, San Vincente, Manitoba, Silos de Oro, SPS, Veldrey, Primor, Startmix, SolMix, Venusz, Floriol, Komili, Bunge Pro, Kujawski, Deli, Kirlangic, Chambal, Masterline, Dalda, Gagan, Gagari, Primor, Soya, Salsaretti, Delicia

How we assess the Forest 500

To ensure deforestation free supply chains, companies need to adopt and implement timebound and measurable policies for forest risk commodities.

All assessments use policies published on company websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.