Bunge Limited

InfluenceMap Score
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Organisation Score
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Relationship Score
Sector:
Consumer Staples
Head​quarters:
St. Louis, United States
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Bunge appears to have limited transparent engagement with climate change policy and regulation, between 2018-2022. Bunge has mixed engagement on biofuels, calling for the use of biofuels and bioelectricity to be used where possible, but simultaneously expressing a preference for market forces over regulations.

Top-line Messaging on Climate Policy: Bunge has limited top-line communications on climate change and policy. In its sustainability statement released in 2019, CEO Greg Heckman demonstrated acceptance of climate science; he highlighted the risks associated with rapid changes in climate for the agricultural industry, and acknowledged the industry’s contribution to greenhouse gas emissions. In November 2021, Bunge 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. Whilst Bunge made a statement in support of regulations to decarbonize shipping in September 2021, Bunge 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 appears to have limited transparent engagement with climate-related regulations, and does not appear to provide a dedicated disclosure on its climate positioning or lobbying on its corporate website. While Bunge responded to CDP’s 2021 request for climate-related information, it did not disclose its position on any climate-related regulations apart from on biofuels (see below).

Positioning on Energy Transition: Bunge appears to have limited engagement with the transitioning of the energy mix. In its 2021 [891746 CDP disclosure, Bunge stated that it engages with policymakers around the issue 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.

Industry Association Governance: Bunge appears to disclose its memberships to industry associations in both in its 2021 Sustainability Report and 2021 CDP response, although both disclosures lack detail. Similarly, Bunge has not published a full audit disclosure of its alignment with its industry associations. InfluenceMap did not find any evidence of memberships to climate-active industry associations in our database.

Additional Note: InfluenceMap's analysis of corporate policy engagement covers a range of climate-motivated policy streams, which is being expanded continually as national policy developments occur. In 2022, InfluenceMap will introduce coverage of corporate engagement with climate policy related to land use and circular economy issues. As Bunge operates in sectors where such policy issues are highly significant, it is likely that such future evolutions of InfluenceMap's system will impact Bunge's climate change policy engagement scores in the future.

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Strength of Relationship
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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.