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 70 is higher than 85% 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 highlights the company's substantial carbon footprint, particularly in Scope 3, which encompasses emissions from its supply chain. Bunge has set ambitious climate commitments, aiming for a 25% reduction in absolute Scope 1 and 2 emissions by 2030, using a 2020 baseline. This target is validated by the Science Based Targets initiative (SBTi). Additionally, Bunge aims to reduce its Scope 3 emissions by 12.3% over the same timeframe. As part of its near-term goals, Bunge has also achieved a 19.7% reduction in absolute Scope 1 emissions by the end of 2024 compared to its 2020 baseline. Furthermore, Bunge is committed to achieving net zero emissions by 2050, which reflects its long-term sustainability strategy. The company has also surpassed its original goal of a 10% reduction in emissions intensity for Scope 1 and 2 by 2026, achieving a 23.4% reduction instead. These initiatives demonstrate Bunge's proactive approach to addressing climate change and reducing its overall carbon emissions, aligning with industry standards and global climate goals.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 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.
