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 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.
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 comprehensive approach to emissions reporting, covering all three scopes. Comparatively, in 2023, Bunge's emissions were approximately 1769771400 kg CO2e (Scope 1), 1098606300 kg CO2e (Scope 2), and 94942911000 kg CO2e (Scope 3). Notably, Bunge has set ambitious targets to reduce its greenhouse gas emissions. The company aims for a 25% reduction in absolute Scope 1 and 2 emissions by 2030, using a 2020 baseline. Additionally, Bunge is committed to a 12.3% reduction in Scope 3 emissions over the same timeframe. Bunge has made progress towards these targets, achieving a 19.7% reduction in absolute Scope 1 emissions by the end of 2024 against the 2020 baseline. Furthermore, they reported a 6.7% reduction in Scope 3 emissions during the same period, with a target of 12.3% by 2030. The company is also focused on improving emissions intensity, with a goal of reducing Scope 1 and 2 emissions per unit of production by 10% from 2016 to 2026. Bunge has surpassed this goal, achieving a 23.4% reduction in emissions intensity. Bunge is committed to achieving net zero emissions by 2050, demonstrating a long-term vision for sustainability. These commitments are validated by the Science Based Targets initiative (SBTi), ensuring that their targets align with global climate goals.
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 |
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.
