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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 62 is higher than 80% 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 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 notable increase in emissions compared to 2023, where Scope 1 emissions were about 1769771400 kg CO2e, Scope 2 emissions were approximately 1098606300 kg CO2e, and Scope 3 emissions totalled around 94942911000 kg CO2e. Bunge has set ambitious climate commitments, aiming for a 25% reduction in absolute GHG emissions from its operations (Scope 1 and 2) by 2030, using a 2020 baseline. Additionally, the company targets a 12.3% reduction in Scope 3 emissions over the same timeframe. These targets have been validated by the Science Based Targets initiative (SBTi) and are aligned with efforts to limit global warming to well below 2°C. 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 reducing Scope 1 and 2 emissions intensity by 10% by 2026, achieving a reduction of 23.4%. Bunge is also committed to achieving net zero emissions by 2050, with specific targets for energy use reduction of 10% per ton of product by 2026, compared to a 2016 baseline. This comprehensive approach underscores Bunge's dedication to sustainability and climate action within the agricultural production sector.
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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 |
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.
