Bunge Sustainability Profile
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 56 is higher than 76% 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 2024, Bunge reported significant carbon emissions, totalling approximately 1665988000 kg CO2e for Scope 1, 867115000 kg CO2e for Scope 2, and a staggering 136679303000 kg CO2e for Scope 3 emissions. This reflects a notable commitment to transparency in their emissions reporting, which encompasses all three scopes. Bunge has set ambitious reduction targets, aiming for a 25% absolute reduction in Scope 1 and 2 emissions by 2030, using a 2020 baseline. This target is validated by the Science Based Targets initiative (SBTi) and includes biogenic emissions and removals from bioenergy feedstocks. Additionally, Bunge is committed to reducing Scope 3 emissions by 12.3% over the same timeframe. In terms of achievements, Bunge has reported a 19.7% reduction in absolute Scope 1 emissions by the end of 2024 against the 2020 baseline. Furthermore, they have surpassed their original goal of a 10% reduction in emissions intensity for Scope 1 and 2 by 2026, achieving a 23.4% reduction. Bunge's long-term commitment includes a goal of achieving net zero emissions by 2050, demonstrating their dedication to addressing climate change and reducing their carbon footprint across all operations.
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| 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 |
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Bunge's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bunge has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Bunge's sustainability data and climate commitments