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determines the socio-environmental future of     As part of its corporate climate commitments,
             the world. As we already had this leadership, we   Bunge Ltd. has pledged to “achieve deforesta-
             need to recover it.”                             tion-free supply worldwide between 2020-2025,
                                                              considering both direct and indirect sourcing.”
             While it is unclear how much acreage in Brazil-
             ian rainforest has been converted into farm land,  The issue of converting environmentally
             Bunge, a participant in a voluntary moratorium   sensitive land into production has become
             on sourcing soybeans from the deforested Ama-    increasingly important to European feed mak-
             zon biome, calculates that 273 farms are blocked  ers, according to Alexander Döring, secretary
             from commerce.                                   general of the European Feed Manufacturers’
                                                              Federation, or FEFAC.
             Perhaps the biggest reason international buyers
             keep purchasing soybeans and other commod-       Focusing on Brazil’s highly environmentally
             ities from Brazil is the Brazilian Soy Moratori-  sensitive lands in the savannas, grain trading giant
             um, a voluntary agreement by trading firms not   Bunge announced in November that it has reached
             to buy or sell soybeans produced in Amazon       a 95% success rate in assuring that the crops it con-
             land that was deforested after July 2008.        tracts come from “deforestation-free value chains.”

             While burned out and clear-
             cut remnants of the Amazon
             may get most of the public            Our .commitment .to .non-
             attention, the “conversion” of        deforestation .is .among .
             Brazil’s ecologically diverse         the .highest .priorities .for .
             grasslands – the Cerrado – is
             also a major concern for en-          our .company .and .our .
             vironmentalists and there is a        entire .industry .
             move to add farms that destroy            —Rob Coviello, .Bunge
             the protected savanna land to
             the Moratorium.

             It’s a controversial topic because the vast grass-  “Our commitment to non-deforestation is
             lands are also home to nearly half of the coun-  among the highest priorities for our company
             try’s farms and pastures.                        and our entire industry,” said Rob Coviello, the
                                                              vice president for sustainability at Bunge.
             Grain traders say they’re trying to              “Our progress towards these goals is indicative
             protect Amazon                                   of our continued collaboration with local pro-

             It’s a fact that companies like Bunge Ltd. and   ducers, in the field, in South America, as well
             Archer Daniels Midland Co., with operations      as a greater focus on working with partners to
             in South America. have been well aware of        create innovative solutions and make our sector
             long before the latest government release on     reach supply chains free from deforestation.”
             Amazon deforestation.                            Cerrado lands, besides being the home to
             For nearly a decade Bunge has been weeding out   jaguars, anteaters, armadillos and other exotic
             farms in its South American supply chains that   animals, also make up the largest farming region
             grow their crops on land that has been deforested   in Brazil, where more than 50% of the coun-
             or converted to growing fields from wetlands.    try’s soybeans, 80% of its cotton and 40% of its




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