Bunge Limited

InfluenceMap Score
for Climate Policy Engagement
D+
Performance Band
51%
Organization Score
n/a
Relationship Score
Sector:
Consumer Staples
Head​quarters:
St. Louis, United States
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Bunge appears to have limited engagement with climate change policy between 2020-2023. On land use policy, the company calls for the use of biofuels, but simultaneously expresses a preference for market forces over regulations.

Top-line Messaging on Climate Policy: Bunge has limited top-line communication on climate change policy. In November 2021, it signed a joint statement committing to creating a roadmap for transitioning the supply chains of large agricultural companies to be in line with 1.5°C pathways by COP27. While Bunge made a statement in support of regulations to decarbonize shipping in September 2021, the company does not appear to explicitly support the broader need for government regulation to respond to climate change. Bunge also does not appear to explicitly support the Paris Agreement.

Engagement with Climate-Related Regulations: Bunge demonstrates limited engagement with specific climate-related policies and does not appear to provide a dedicated disclosure on its climate positioning or lobbying on its corporate website as of June 2023. The company has stated support for its own internal GHG emissions targets but has not stated whether it supports legislative targets in its 2023 Global Sustainability Report. Bunge disclosed that it engaged on the Renewable Fuels Standard in its Q3 2022 Senate Lobbying Disclosure, but did not disclose a position. Similarly, while Bunge responded to CDP’s 2022 request for climate-related information, it did not disclose its position on any climate-related policies.

Engagement with Land-Use Related Regulations: Bunge appears to have limited and unclear engagement on land-use related regulations. In its 2023 Global Sustainability Report, the company appeared to support a transition in consumer diets to less GHG-intensive habits. In the same report, the company appeared to support improvements to agriculture in its own operations, but did not comment on wider policy toward this aim. Bunge similarly disclosed in its Q3 2022 Federal Lobbying Disclosure that it had lobbied on the Growing Climate Solutions Act, which would create a voluntary carbon credit market for agriculture, but did not disclose its position on the bill.

Positioning on Energy Transition: In its Q3 2022 Senate Lobbying Disclosure, Bunge disclosed lobbying on the Inflation Reduction Act, but did not disclose a position on the climate provisions in the bill. In its 2021 CDP disclosure, Bunge stated that it engages with policymakers around the transition to the use of biofuels, declaring a preference for market forces to promote biofuels, and calling for the use of biofuels and bioelectricity to be encouraged where possible. This language was not present in its 2022 CDP Disclosure.

Industry Association Governance: Bunge appears to disclose its memberships to industry associations on its corporate website, accessed in June 2023, although the disclosure lacks detail on the groups’ climate policy positions and the company’s activity within the associations. Bunge has not published a full audit of its alignment with its industry associations. InfluenceMap did not find any evidence of memberships to climate-active industry associations in our database.

InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically. This summary was last updated in Q3 2023.

QUERIES
DATA SOURCES
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.