Bunge Reaches 100% Monitoring of its Indirect Soy Value Chain in Brazil's Priority Regions [Yahoo! Finance]
Bunge Limited Common Shares (BG)
Last bunge limited common shares earnings: 2/12 06:00 am
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Source: Yahoo! Finance
The company agreed with its technology partner Vega to make its traceability tool available to other companies in the sector. ST. LOUIS, November 21, 2024 BUSINESS WIRE )--Bunge announced today it is the first global commodity exporter to achieve 100% traceability and monitoring of its direct and indirect soy purchases in priority regions of the Cerrado biome in Brazil. Priority regions at risk of deforestation in the Cerrado include the Brazilian States of Maranhão, Tocantins, Piauí, Bahia and Mato Grosso. With the support of satellite monitoring, the company achieved 100% tracking and monitoring of its indirect supply chain in October, replicating the success reached with its direct purchases of soy in 2020. Direct purchases are commodities the company buys directly from farmers, while indirect purchases are purchased from local grain resellers. Achieving traceability in the indirect value chain is one of the sector's main challenges. Bunge accomplished this thanks to its Susta
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News
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BG
Earnings
- 10/30/24 - Beat
BG
Sec Filings
- 12/9/24 - Form 8-K
- 12/5/24 - Form 8-K
- 12/3/24 - Form 4
- BG's page on the SEC website