Bunge Limited, commonly referred to as Bunge, is a leading global agribusiness and food company headquartered in the United States. Founded in 1818, Bunge has established a strong presence in key operational regions, including North America, South America, and Europe. The company operates primarily in the agribusiness sector, focusing on the processing and trading of oilseeds, grains, and other agricultural commodities. Bunge's core products include vegetable oils, protein meals, and specialty ingredients, which are distinguished by their commitment to quality and sustainability. With a rich history marked by significant milestones, Bunge has evolved into a market leader, recognised for its innovative supply chain solutions and robust distribution network. The company's dedication to responsible sourcing and environmental stewardship further solidifies its position as a trusted partner in the global food industry.
How does Bunge's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Food Product Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Bunge's score of 64 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Bunge reported total greenhouse gas emissions of approximately 1665988000 kg CO2e for Scope 1, 867115000 kg CO2e for Scope 2, and a significant 136679303000 kg CO2e for Scope 3 emissions. This reflects a commitment to transparency in emissions reporting, with a focus on all three scopes. Bunge has set ambitious targets to reduce its carbon footprint, aiming for a 25% reduction in absolute Scope 1 and 2 emissions by 2030, using a 2020 baseline. Additionally, the company targets a 12.3% reduction in Scope 3 emissions over the same period. These targets have been validated by the Science Based Targets initiative (SBTi), ensuring alignment with global climate goals. In terms of recent achievements, Bunge has reported a 19.7% reduction in absolute emissions by the end of 2024 against its 2020 baseline. Furthermore, the company has surpassed its original goal of a 10% reduction in emissions intensity for Scope 1 and 2 by 2026, achieving a 23.4% reduction. Bunge is also committed to achieving net zero emissions by 2050, reinforcing its long-term sustainability strategy. The company’s initiatives reflect a comprehensive approach to climate action, addressing both operational emissions and those within its supply chain.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 1,694,967,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 1,729,080,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | 000,000,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bunge is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.