Bunge Global SA
Food & Tobacco
Company Summary
Bunge, founded in 1818, is a global agribusiness and food company that specializes in the processing of oilseeds, grains, and other agricultural products. The company’s ESG rating benefits from its commitment to sustainable agriculture, reducing carbon emissions, and improving supply chain transparency. Bunge has focused on reducing deforestation in key sourcing regions and improving soil health. However, the company faces challenges around environmental degradation, including its role in agricultural expansion and the use of unsustainable farming practices in certain regions. Despite these concerns, Bunge continues to work toward improving sustainability across its operations. For further information, refer to the Bunge ESG report.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Bunge is a leader among 284 companies in the food products industry.
Temperature Rise :
FAQ
What is Bunge's ESG score?
Bunge holds a strong ESG score of 73/100 (MSCI), particularly excelling in environmental sustainability. The company has been recognized for its commitment to sustainable sourcing and deforestation reduction, though it still faces scrutiny regarding supply chain transparency and labor rights.
How does Bunge manage ESG risks?
Bunge manages ESG risks by focusing on sustainable sourcing, deforestation-free supply chains, and improving water usage and waste management. The company is actively working to reduce greenhouse gas emissions and ensure fair labor practices across its global supply chain. Bunge has also implemented a rigorous supply chain monitoring system to ensure compliance with sustainability and human rights standards.
What sustainability initiatives has Bunge implemented?
Bunge has implemented several initiatives to improve environmental sustainability, including reducing greenhouse gas emissions and adopting sustainable farming practices. The company is also committed to zero deforestation in key sourcing regions by 2025, particularly for soy, palm oil, and other commodities. Bunge is also working to improve sustainable packaging and increase the use of renewable energy in its operations.