Bunge Limited is a leading global agribusiness and food company that operates in the Food Crop Production sector. The company is headquartered in White Plains, New York, and has operations in over 40 countries worldwide. Bunge Limited is committed to sustainability and has set ambitious targets to reduce its carbon footprint and promote renewable energy.
Decarbonisation is a key priority for Bunge Limited, and the company has set a target to reduce its greenhouse gas emissions by 30% by 2030. To achieve this goal, Bunge Limited is investing in renewable energy and energy efficiency measures across its operations. The company is also working to reduce emissions from its supply chain by promoting sustainable agriculture practices and partnering with suppliers to reduce emissions.
Corporate energy is another area of focus for Bunge Limited. The company is committed to reducing its energy consumption and increasing its use of renewable energy sources. Bunge Limited has set a target to source 50% of its electricity from renewable sources by 2025. To achieve this goal, the company is investing in renewable energy projects, such as wind and solar, and is exploring opportunities to purchase renewable energy through corporate power purchase agreements (PPAs).
Corporate PPAs are a key tool for Bunge Limited to increase its use of renewable energy. These agreements allow companies to purchase renewable energy directly from renewable energy projects, often at a lower cost than traditional electricity sources. Bunge Limited has already signed several corporate PPAs, including a 15-year agreement to purchase 250,000 MWh of wind energy annually from a wind farm in Texas. This agreement will help Bunge Limited meet its renewable energy targets and reduce its carbon footprint.
Renewable energy is a critical component of Bunge Limited's sustainability strategy. The company is investing in renewable energy projects around the world, including wind and solar projects in the United States and Brazil. Bunge Limited is also exploring new technologies, such as biofuels and biogas, to further reduce its carbon footprint.
In addition to its sustainability efforts, Bunge Limited is committed to promoting social and environmental responsibility across its operations. The company has a comprehensive sustainability program that includes initiatives to promote sustainable agriculture, protect biodiversity, and support local communities. Bunge Limited is also committed to responsible sourcing and has set strict standards for its suppliers to ensure that they meet the company's sustainability criteria.
Overall, Bunge Limited is a leading global agribusiness and food company that is committed to sustainability and decarbonisation. The company is investing in renewable energy and energy efficiency measures to reduce its carbon footprint and promote sustainable agriculture practices. Bunge Limited is also exploring new technologies and opportunities, such as corporate PPAs, to increase its use of renewable energy. Through its comprehensive sustainability program, Bunge Limited is promoting social and environmental responsibility across its operations and supply chain.