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Company Response

29 Mar 2017

Author:
Bunge (US)

Bunge response

Regarding the Mighty report, it does not provide adequate context…Most land use change is not directly related to the crops Bunge buys. According to Global Forest Watch, soy covers 25% of land cleared since 2011 in the MATOPIBA region, where recent deforestation has been most prevalent. Additionally, our market share for the municipalities where we operate silos in the region is only 20%. What the report gets right is that this issue cannot be addressed by one company. More companies should adopt zero deforestation commitments, apply controls to block crops grown in illegally cleared areas from entering their supply chains, report publicly on progress and collaborate with civil society on common tools. Bunge has taken all of these steps….Bunge has been actively working on reducing deforestation in key biomes for over a decade. Our work has included participation in the Soy Moratorium, support for the creation of biodiversity corridors in the Cerrado…Bunge has blocked purchases from farmers in recent years…[D]eforestation is a complex problem related to global market demand, economic development, property rights and a lack of sufficient compensation for land owners…

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