Our subsidiary EcoinvestCarbon S.A. helps companies (including Bunge) reduce their greenhouse gas emissions and implement renewable energy projects that earn carbon credits, which EcoinvestCarbon sells to other companies, creating economic incentives for additional investment in new, greener technologies. For example, by installing biodigestors like the one pictured above, EcoinvestCarbon is helping pig farmers in Brazil collect methane and carbon dioxide emitted by manure and safely convert it into energy.
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After announcing the initial moratorium, Bunge and the other participating companies formed the Soy Working Group to work with the Brazilian government and other stakeholders on key issues. Members include Bunge, Cargill, ADM, Amaggi, Greenpeace, Conservation International, The Nature Conservancy, WWF, ABIOVE (the Brazilian oilseed processing association), ANEC (the Brazilian grain exporters association) and Articulação Soja-Brasil
(a Brazilian NGO). The Soy Working Group has implemented a mapping and monitoring program, educated farmers on environmental best practices and supports the Brazilian government's efforts to create a workable and enforceable zoning plan.
The Cerrado, one of Brazil's most active agricultural areas, is a region with tremendous biodiversity. Bunge, Conservation International and Brazilian NGO Oréades have formed the BioCerrado Alliance to assist farmers in the region with setting aside legally required reserves, creating contiguous biodiversity corridors and restoring deforested areas.
Bunge, in partnership with the Brazilian Ministry of the Environment, has developed an environmental manual to help farmers in the Cerrado comply with the country's environmental laws and adopt best practices. The guide is distributed by Bunge field teams, the Ministry of the Environment and the Brazilian Institute of the Environment and Renewable Natural Resources (IBAMA).
PARTNERING FOR SUSTAINABILITY
Bunge, together with companies on five continents, NGOs and other industry stakeholders, is part of a sustainability working group established by the GRI. The group is developing specific sustainability indicators for the food industry to enable companies and stakeholders to better measure and communicate sustainability progress.
In North America, Bunge is part of an initiative called "Creating Sustainable Outcomes for Agriculture."
This effort is bringing together NGOs, growers and companies in the agricultural supply chain to promote sustainability in production agriculture, focusing on water, soil and habitat conservation.
In Europe, Bunge is a member of the Roundtable on Sustainable Biofuels, a multistakeholder initiative launched by the Energy Center at the EPFL (École Polytechnique Fédérale de Lausanne) in Switzerland to develop international standards for sustainable biofuels.
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