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 41 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bunge Limited reported significant greenhouse gas emissions, totalling approximately 26,835,880,000 kg CO2e. This figure includes 1,667,457,000 kg CO2e from Scope 1 emissions, 1,016,131,000 kg CO2e from Scope 2 emissions, and a substantial 94,942,911,000 kg CO2e from Scope 3 emissions, which encompasses emissions from purchased goods and services, upstream transportation, and fuel and energy-related activities. Bunge has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 25% by 2030, using 2020 as the base 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 designed to contribute to global efforts to limit warming to well below 2°C. Bunge's commitment to sustainability reflects its proactive approach to addressing climate change within the agricultural production sector, demonstrating a clear strategy to mitigate its environmental impact while continuing to operate in a responsible manner.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 committed to some reduction initiatives 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.