Bunge
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Bunge's score of 46 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bunge's reported carbon emissions
In 2023, Bunge reported total greenhouse gas emissions of approximately 94,942,911,000 kg CO2e, with emissions distributed across all three scopes: 1, 2, and 3. Specifically, Scope 1 emissions were about 1,667,457,000 kg CO2e, Scope 2 emissions totalled approximately 1,016,131,000 kg CO2e, and Scope 3 emissions accounted for the majority at around 94,942,911,000 kg CO2e. Bunge has set ambitious climate commitments, aiming for a 25% reduction in absolute Scope 1 and 2 emissions by 2030, using 2020 as the baseline year. Additionally, the company targets a 12.3% reduction in absolute Scope 3 emissions over the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with efforts to limit global warming to well below 2°C. Bunge's commitment to sustainability is further demonstrated through its comprehensive emissions reporting and reduction strategies, which include a focus on biogenic emissions and removals from bioenergy feedstocks. The company continues to work towards achieving these targets while maintaining transparency in its emissions data and reduction initiatives.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,663,890,000 | 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 | 1,726,566,000 | 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 3 | - | - | - | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
