Bunge Reaches 100% Monitoring of its Indirect Soy Value Chain in Brazil’s Priority Regions
Bunge has achieved 100% traceability and monitoring of both direct and indirect soy purchases in priority regions of Brazil's Cerrado biome, becoming the first global commodity exporter to reach this milestone. The accomplishment covers priority regions at risk of deforestation in Maranhão, Tocantins, Piauí, Bahia and Mato Grosso. Through its Sustainable Partnership program, Bunge collaborates with over 90 grain resellers, monitoring approximately 2,000 properties across 2 million hectares. The company has partnered with Vega Monitoramento to provide the LYRA platform, offering satellite monitoring and socio-environmental compliance tools, which will now be made available to other companies in the sector.
Bunge ha raggiunto una tracciabilità e un monitoraggio del 100% degli acquisti di soia, sia diretti che indiretti, nelle regioni prioritarie del bioma Cerrado del Brasile, diventando il primo esportatore globale di commodity a conseguire questo traguardo. Il risultato riguarda le regioni a rischio di deforestazione in Maranhão, Tocantins, Piauí, Bahia e Mato Grosso. Attraverso il suo programma di Partnership Sostenibile, Bunge collabora con oltre 90 rivenditori di cereali, monitorando circa 2.000 proprietà su 2 milioni di ettari. L'azienda ha collaborato con Vega Monitoramento per fornire la piattaforma LYRA, offrendo strumenti di monitoraggio satellitare e conformità socio-ambientale, che ora saranno resi disponibili ad altre aziende del settore.
Bunge ha logrado una trazabilidad y monitoreo del 100% de las compras de soja, tanto directas como indirectas, en las regiones prioritarias del bioma Cerrado de Brasil, convirtiéndose en el primer exportador global de materias primas en alcanzar este hito. El logro abarca regiones prioritarias en riesgo de deforestación en Maranhão, Tocantins, Piauí, Bahia y Mato Grosso. A través de su programa de Asociación Sostenible, Bunge colabora con más de 90 revendedores de granos, monitoreando aproximadamente 2,000 propiedades en 2 millones de hectáreas. La empresa se ha asociado con Vega Monitoramento para proporcionar la plataforma LYRA, ofreciendo herramientas de monitoreo satelital y cumplimiento socioambiental, que ahora estarán disponibles para otras empresas del sector.
분게는 브라질 세하르도 생태계의 우선 지역에서 직접 및 간접 대두 구매에 대한 100% 추적성과 모니터링을 달성하여, 이 이정표에 도달한 첫 번째 글로벌 원자재 수출업체가 되었습니다. 이 성과는 마라냥, 토칸틴스, 피아우이, 바이아 및 마토그로소에서 벌어지는 삼림 파괴 위험이 있는 우선 지역을 포함합니다. 지속 가능한 파트너십 프로그램을 통해 분게는 90개 이상의 곡물 재판매업체와 협력하여 2000개 이상의 재산을 200만 헥타르 규모에서 모니터링하고 있습니다. 이 회사는 베가 모니터링과 협력하여 위성 모니터링 및 사회환경적 준수 도구를 제공하는 LYRA 플랫폼을 마련하였으며, 이 플랫폼은 이제 해당 분야의 다른 기업에도 제공될 것입니다.
Bunge a atteint une traçabilité et un suivi à 100 % des achats de soja, directs et indirects, dans les régions prioritaires du biome Cerrado au Brésil, devenant le premier exportateur global de matières premières à atteindre ce jalon. L'accomplissement couvre les régions prioritaires à risque de déforestation dans Maranhão, Tocantins, Piauí, Bahia et Mato Grosso. Grâce à son programme de partenariat durable, Bunge collabore avec plus de 90 revendeurs de céréales, surveillant environ 2 000 propriétés sur 2 millions d'hectares. L'entreprise a établi un partenariat avec Vega Monitoramento pour fournir la plateforme LYRA, offrant des outils de surveillance par satellite et de conformité socio-environnementale, qui seront désormais mis à la disposition d'autres entreprises du secteur.
Bunge hat 100% Nachverfolgbarkeit und Überwachung sowohl für direkte als auch indirekte Sojakäufe in den prioritären Regionen des Cerrado-Bioms in Brasilien erreicht und ist damit der erste globale Rohstoffexporteur, der diesen Meilenstein erreicht hat. Diese Errungenschaft betrifft prioritäre Regionen, die einer Abholzungsgefahr ausgesetzt sind, in Maranhão, Tocantins, Piauí, Bahia und Mato Grosso. Durch das Programm für nachhaltige Partnerschaften arbeitet Bunge mit über 90 Getreideresellern zusammen und überwacht etwa 2000 Immobilien auf einer Fläche von 2 Millionen Hektar. Das Unternehmen hat mit Vega Monitoramento zusammengearbeitet, um die LYRA-Plattform bereitzustellen, die Satellitenüberwachung und sozial-umweltliche Compliance-Tools anbietet, die zukünftig auch anderen Unternehmen des Sektors zur Verfügung gestellt werden.
- First global commodity exporter to achieve 100% traceability in both direct and indirect soy supply chain
- Successful monitoring of 2,000 properties covering 2 million hectares
- Strong participation with 90+ resellers in the Sustainable Partnership program
- On track for zero-deforestation goal in 2025
- None.
Insights
This achievement marks a significant milestone in supply chain transparency and environmental governance. Bunge's 100% traceability across both direct and indirect soy purchases in Brazil's priority regions demonstrates unprecedented progress in sustainable agriculture practices. The decision to share the LYRA platform technology with competitors is particularly noteworthy, as it could accelerate industry-wide adoption of deforestation monitoring.
The monitoring system covers 2,000 properties spanning over 2 million hectares, with robust verification through satellite imaging and AI. The ISO 27001 certification and third-party auditing by Bureau Veritas add credibility to the monitoring system. This positions Bunge favorably for upcoming environmental regulations and could strengthen its market position with environmentally conscious customers and investors.
The successful implementation of full supply chain visibility in Brazil's complex soy market demonstrates exceptional operational capability. Managing indirect suppliers - traditionally a blind spot in agricultural supply chains - through the Sustainable Partnership program with 90+ participating resellers creates a competitive advantage. This infrastructure provides Bunge with superior risk management and positions them ahead of competitors in meeting growing demands for sustainable sourcing.
The scalable nature of the LYRA platform and its data governance framework suggests potential for additional revenue streams through licensing or partnership opportunities. This development could transform from a cost center into a value-generating asset.
- With a high level of engagement from grain resellers, the company becomes the first to fully monitor all volumes purchased in Brazil’s priority regions.
- The company agreed with its technology partner Vega to make its traceability tool available to other companies in the sector.
Achieving traceability in the indirect value chain is one of the sector's main challenges. Bunge accomplished this thanks to its Sustainable Partnership, a program that fosters socio-environmental governance in the soy value chain. Since 2021, this initiative has shared knowledge, methodologies and tools with cooperatives and grain resellers to support them in structuring their own traceability, monitoring and supplier verification systems. Today, more than 90 resellers participate in the initiative in
"We are proud to reach this major milestone in our 10-year journey to achieve traceable and verifiable supply chains, so that we reach our zero-deforestation goal in 2025. Reconciling the development of agriculture with the preservation of the environment depends on a collective journey and we are pleased to be a leader in working with other stakeholders in the industry,” says Rossano de Angelis Jr., Bunge's Vice President of Agribusiness in
The Sustainable Partnership program provides resellers with access to the LYRA platform from the agtech company Vega Monitoramento. The program offers access to verification systems, such as satellite and farm-scale images, remote sensing, artificial intelligence, and structured data to advance traceability and monitoring and perform the socio-environmental diagnosis of agricultural properties. Bunge's continued partnership with Vega also provides that a technical team from Vega will be specially dedicated to serving grain resellers, from providing support on using the tool to training on best practices for assessing socio-environmental compliance in the production chain.
"With the success of the program, we agreed with our technology partner Vega to make the tool available to other companies in the sector, so that they can also have their indirect supply chains tracked and monitored. We believe in the power of collaboration and reiterate our commitment to continue to promote advanced sustainability standards and approaches in our sector," adds Rossano.
A key element of the LYRA platform is data governance and confidentiality. Each company using the system has individual access rights. The system issues a compliance report in response to the query related to origination volumes according to each company's origination criteria, but the individual data elements of each farm/property are preserved. The information processed by the LYRA platform is audited by Bureau Veritas and the information security controls are IS0 27001 certified.
About Bunge
At Bunge (NYSE: BG), our purpose is to connect farmers with consumers to provide essential food, animal feed ingredients and fuels for the world. With more than two centuries of experience, unrivaled global scale and deep-rooted relationships, we work to strengthen global food security, increase sustainability where we operate and help communities thrive. As a world leader in the processing of oilseeds and the production and supply of specialty vegetable oils and fats, we value our partnerships with farmers to bring quality products from where they grow to where they are consumed. At the same time, we collaborate with our customers to develop customized and innovative solutions to meet evolving food needs and trends in all parts of the world. Our company has its registered office in
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Media:
Bunge News Bureau
Bunge
636-292-3022
news@bunge.com
Investor:
Ruth Ann Wisener
Bunge
636-292-3014
Ruthann.wisener@bunge.com
Source: Bunge Global SA
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