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Company Response

18 Feb 2019

Author:
Bunge

Bunge's response

The 30 January OpEd in the New York Times, which alleged that agribusiness, and particularly soy, has been responsible for the destruction of forests in the Amazon does not paint an accurate or complete picture. Since 2006, the soy industry in Brazil has applied the Amazon Soy Moratorium, which restricts soy purchases to land cleared before 2008... A consortium of companies and NGOs, including Greenpeace, provides governance for the Moratorium.  According to the latest Moratorium report, only 1.4% of the soy grown in the Amazon Biome in 2017/18 was planted on land cleared in violation of the Moratorium.  Bunge blocks purchases from such farms.  We report our results publicly:  https://www.bunge.com/sustainability/gri-index. The OpEd does accurately state that Bunge has a commitment to eliminate deforestation from our value chains worldwide.  You can read more about our efforts in Brazil by reviewing our public updates:  https://www.bunge.com/sustainability/sustainable-agriculture.

Part of the following timelines

Brasil: Governo Bolsonaro e suas políticas que colocam em risco direitos humanos e a democracia

Amazon Watch calls on agribusiness companies & investors to take a stand against the President of Brazil's threats to the Amazon; includes co. responses

Brazil: NGO report alleges companies complicit in deforestation & human rights abuses in the Amazon