Global agribusiness giant Bunge has launched an initiative to share best practices with grain dealers about the traceability and monitoring of soyabean crops linked to its indirect supply chain in Brazil’s Cerrado region, the company announced on 3 March.
The Bunge Sustainable Partnership would help its partners implement supply chain verification systems such as satellite and farm-scale images, the company said.
Bunge said it had achieved 100% traceability for its direct purchases and, following the implementation of its latest initiative, it was expecting to reach 100% monitoring of its indirect soyabean purchases by 2025.
The company currently traces and monitors approximately 30% of its indirect purchases.
“We value our partnership with dealers and producers to make our supply chains increasingly productive and sustainable and we believe that solutions at scale and with long-term impacts are only possible when all partners in the value chain, from farmers to customers, are involved and engaged,” Bunge’s chief sustainability officer Rob Coviello said.
The company said it would share its experience, methodologies and tools with partner dealers.
Dealers could adopt independent imaging services for verifying soyabean crops or use Bunge’s geospatial monitoring structure at no cost, the company said.
The pilot programme is being carried out in partnership with Agrícola Alvorada and is part of Bunge’s global commitment to achieve deforestation-free value chains worldwide by 2025.