Bunge operates across various sectors of the food and agriculture value chain, from processing oilseed and grains to producing and selling vegetable oils, protein meals, wheat flours, bakery mixes, dry milled corn products, sugar and ethanol. The company's operations are divided into five business segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. Bunge serves more than 70,000 farmers, operates 51 soy & softseed crushing facilities and originates 75 million metric tons of grains and oilseeds annually. The company was founded as a trading company in Amsterdam in 1818, and today operates in more than 40 countries worldwide.

Baseline assessment

Environment

Started the journey

Nutrition

Started the journey

Social inclusion

Started the journey

Summary

Bunge publicly discloses a number of commitments across all three dimensions. The company has a target to reduce its GHG emissions by 2026 as well as a 2025 no-deforestation target that commits it to sustainably sourcing its high-risk commodities such as palm oil and soya. The company is also committed to reducing its freshwater consumption by 2026 and aims to improve soil health through its involvement in the global Field to Market programme that ensures sustainable agricultural outcomes. However, no information was found regarding minimising food loss and reducing plastic use and packaging waste. In terms of nutrition, Bunge is committed to ensuring food safety by adopting third-party certifications as well as enhancing the nutritional value of products such as fortified margarines and enriched oils. However, the company does not disclose commitments relating to other nutrition topics, such as promoting workforce nutrition. In the social inclusion dimension, the company is committed to eliminating child and forced labour in its own operations and supply chain and to improving the health and safety of its employees. The company is further committed to respecting land tenure rights as part of its palm oil policy, and it supports smallholder productivity through initiatives for shea nut workers in Burkina Faso, Ghana and Benin. However, no living wage commitment was found.

Food and Agriculture Benchmark

The Food and Agriculture Benchmark will assess 350 keystone companies on the issues underpinning the food system transformation agenda. The benchmark’s aim is to stimulate companies to apply sustainable business practices throughout their operations as well as use their influence to encourage value chain partners to do the same. WBA has organised the food and agriculture value chain into six sub-sectors. These sub-sectors are also reflected in the methodology framework.

Food and agriculture revenue
USD 41,140,000,000
Major subsidiaries
Loders, Fosbrasil, Ecofuel, Usina Guariroba, Neptune Bulk Terminals
Consumer brands
Whole Harvest, Chambal, Primor, SPS Ramallo, Vénusz

Value chain sub-sectors

Other benchmarks

The company is also included in the following benchmarks developed by WBA and our Allies. These benchmarks help to deepen our understanding on key issues and industries.