Bunge believes that agricultural production must increase in a sustainable way to feed the world's growing population. We engage in efforts that preserve and renew resources and promote best practices.
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BUNGE'S SUSTAINABILITY POLICY
Bunge's purpose is to enhance lives by improving the global agribusiness and food production chain. We are committed to sustainable development and will adhere to the following principles:
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We will strive to be good citizens by contributing to the economic and social development of the communities where we work;
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We will work to achieve a high level of environmental performance by adopting science-based, culturally sensitive and pragmatic best practices and by promoting these practices within our supply chain;
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We will partner with companies and organizations to promote and apply sustainable practices; and
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We will communicate openly about our activities and maintain a constructive dialogue with stakeholders.
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We will apply these principles across our operations, pursuing both global and regional goals.
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OUR FOCUS ON BRAZIL
Bunge focuses most of its current sustainability activities in South America, especially in Brazil, where we have been a leading agribusiness and food company for more than 100 years, and where agriculture represents a significant part of the economy. Our operating units in Brazil (Bunge Alimentos, Bunge Fertilizantes and Fertimport) issue an annual sustainability report documenting our environmental, social and economic performance in the country. The report follows guidelines established by the Global Reporting Initiative (GRI), a nonprofit foundation that develops best practices for global sustainability reporting and the most widely accepted methodology and metrics.
Bunge promotes sustainable agriculture in Brazil in collaboration with industry, farmers, government, consumers, nongovernmental organizations (NGOs) and other groups. Bunge provides farmers with education and consultation on crop rotation and soil conservation techniques, land-use planning, precision-farming methods and other practices that increase farm productivity, thus reducing the need to cultivate new land. We reserve the right to cease doing business with farms that violate Brazilian environmental or labor laws, as established in our supply contracts with farmers.
PRESERVING VITAL ECOSYSTEMS
Brazil is home to the majority of the Amazon rainforest; the Cerrado, a biologically dense woodland savanna; the Atlantic Forest, a species-rich coastal habitat containing many rare plant and animal species; and the Pantanal, the world's largest wetland. Balancing Brazil's continued economic development with the need to protect and preserve these vital ecosystems is
a priority for the nation and the responsible members of industry who operate there.
In July 2006, Bunge and other members of Brazil's vegetable oil and grain exporting industries committed to a voluntary two-year moratorium on trading soy from newly deforested areas in the Amazon biome.
In June 2008, the group extended the moratorium into 2009. Third-party studies have shown the moratorium to be effective in limiting the expansion of soybean farming in the region. Surveys conducted in early 2008 found no new soy plantations on 193 recently deforested areas of 100 hectares or more in the biome.
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