Viterra sources, handles and processes agricultural commodities and products, as well as bringing them to market. The company operates across 37 countries, employs over 16,000 people and trades more than 70 million tonnes of agricultural commodities annually. It sources grains, oilseeds, pulses, rice, sugar and cotton from producers across multiple continents. The company also provides logistics, shipping and handling services for producers, principally in Canada and Australia. Among the company's main shareholders with a 49.99 percent stake is Glencore, one of the world's largest diversified natural resource companies.

Baseline assessment

Environment

Room for improvement

Nutrition

Started the journey

Social inclusion

Started the journey

Summary

Viterra publicly discloses a number of nutrition and social inclusion commitments but has significant room for improvement when it comes to the environment. The company discloses limited commitments to sustainably source its high-risk commodities such as soya and palm oil and to manage its freshwater use. Although providing some disclosure on its GHG emissions, given its position as a global agricultural commodity trader, Viterra can improve by setting reduction targets. Furthermore, the company does not disclose commitments to reduce food loss and packaging waste, improve soil health and agrobiodiversity and minimise fertiliser and pesticide use. Given its role as an agricultural trader, the company has less impact on nutrition issues compared to companies involved in the manufacturing of consumer products. It discloses its commitments towards food safety through third-party certifications, however, lacks disclosure on commitments on 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 ensuring the health and safety of its employees. However, it does not commit to paying a living wage, supporting smallholder productivity and protecting land tenure rights.

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 12,600,000,000
Major subsidiaries
n/a
Consumer brands
n/a

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.