The Soft Commodities Forum

Solving an industry-wide challenge

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Bunge is a member of the Soft Commodities Forum (SCF), a global platform for leading soft commodities companies, convened by the World Business Council for Sustainable Development (WBCSD) for the purpose of advancing collective action around common sustainability challenges.

The SCF is made up of WBCSD member companies who share a vision of ensuring sustainable agriculture supply chains and working in partnership with government, producers, consumers and civil society to create a safer, more sustainable food system. It is the first time that companies in the sector are working collaboratively to address common environmental challenges in the Cerrado biome of Brazil, and doing so in a way that can have a lasting impact in support of sustainable agriculture in the region. 

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What is the Cerrado?

The Cerrado is a large geographic region in central Brazil. It is home to millions of people and is responsible for the majority of agricultural production in South America. For the last 25 years the region has experienced rapid agricultural expansion. This expansion has offered economic opportunities to thousands of farmers who have to maintained at least 20% to 30% of their farmland as native vegetation. Nevertheless agricultural expansion has impacted the natural habitat and has generated concerns regarding loss of biodiversity. 

As a leading agribusiness company in Brazil, Bunge is committed to developing supply chains that are transparent, verified sustainable and which create positive impacts on the ground. We are committed to eliminating deforestation throughout our supply chains by 2025 -- this includes delicate biomes such as the Cerrado.

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Engagement in the SCF

Bunge co-founded the SCF along with several leading industry peers as a way to address common sustainability challenges, including deforestation in the Cerrado. Working with our peers, Bunge is helping to enhance the sector’s transparency around soybean sourcing from several prioritized municipalities that are more vulnerable to deforestation. In 2021, the number of municipalities monitored increased from 25 to 61.

Although Bunge has been regularly disclosing public information about our soy supply chain in South America since 2016, the SCF is a new platform where companies commit to publish bi-annual reports sharing additional sourcing data, such as traceability info in the 61 municipalities.

Bunge's latest performance report, published in June 2021, is available here.

What is the Cerrado?

The Cerrado is a large geographic region in central Brazil. It is home to millions of people and is responsible for the majority of agricultural production in South America. For the last 25 years the region has experienced rapid agricultural expansion. This expansion has offered economic opportunities to thousands of farmers who have to maintained at least 20% to 30% of their farmland as native vegetation. Nevertheless agricultural expansion has impacted the natural habitat and has generated concerns regarding loss of biodiversity. 

As a leading agribusiness company in Brazil, Bunge is committed to developing supply chains that are transparent, verified sustainable and which create positive impacts on the ground. We are committed to eliminating deforestation throughout our supply chains by 2025 -- this includes delicate biomes such as the Cerrado.

Engagement in the SCF

Bunge co-founded the SCF along with several leading industry peers as a way to address common sustainability challenges, including deforestation in the Cerrado. Working with our peers, Bunge is helping to enhance the sector’s transparency around soybean sourcing from several prioritized municipalities that are more vulnerable to deforestation. In 2021, the number of municipalities monitored increased from 25 to 61.

Although Bunge has been regularly disclosing public information about our soy supply chain in South America since 2016, the SCF is a new platform where companies commit to publish bi-annual reports sharing additional sourcing data, such as traceability info in the 61 municipalities.

Bunge's latest performance report, published in June 2021, is available here.

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“Our commitment to non-deforestation worldwide continues and we are pleased to see the progress achieved by SCF members. New metrics are being adopted and implemented, reflecting a shared vision of higher accountability and standards. As a leader in the industry, Bunge will leverage this framework to continue increasing traceability and transparency within its soybean supply chain.

-Robert Coviello, SVP of Sustainability & Government Affairs, Bunge

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The SCF report

In June 2019, SCF members issued their first report on a common framework to disclose progress in curbing deforestation. It was an important milestone that brought the sector together by disclosing common indicators around the sourcing of soy. A subsequent report released in December 2019 underscored how Bunge's existing efforts to monitor for land-use change in the 25 priority municipalities showed us as the company with the highest direct sourcing levels compared to others - an important indicator highlighting the implementation of our good governance approach. Our first, secondthird and fourth one-page data sheets are contained here. 

In June 2021, the fifth SCF report was published. It provides information about deforestation and soy trends in the focus areas of the Cerrado -- chiefly, the 61 monitored municipalities. In the last 15 years the soy area in the Cerrado expanded 86 percent, reaching 18.83 Mha. During the same period, soy-driven conversion of native vegetation in the biome has decreased by 58 percent. When we take a snapshot of crop 2019/20, we can observe that 81.1 percent was planted on land deforested prior to 2001, and that based on the last 3 years, soy being planted on recently deforested areas account for less than 0.5 percent of the total planted area in the Cerrado.

This means producers are finding new and sustainable ways to increase their yields, by expanding production on already cleared land or available pastures.

Bunge continues to perform strongly in the SCF report. 88% of Bunge's sourcing in the 61 priority municipalities is direct, and 94.5% of these volumes are traceable to farm. Bunge continues to have 100% traceability to the original 25 priority municipalities. 

Click here to view our SCF performance report.