(Bloomberg) -- Bunge Ltd., the world’s biggest oilseed processor, is using satellite imagery to reduce the sourcing of soybeans from deforested areas in Brazil.
The company can already trace the origins of its direct purchases from Brazil, Argentina and Paraguay. Now, the company will be able to track 64% of crops from its indirect supply chain in key regions, up from 30% last year, according to a statement. The goal is to track 100% of all purchases by 2025.
Companies are cutting back on purchasing grains from deforested areas like the Cerrado and Amazon to reduce their carbon footprint. The Cerrado is known as one of the high-risk areas of deforestation in Brazil and responsible for over half of the country’s output of soybeans and corn.
“We are seeing more and more demand for a clean carbon footprint, not only offsetting,” said Rob Coviello, Bunge’s chief sustainability officer.
Bunge is tracking indirect purchases by giving resellers access to digital monitoring tools, including satellite imagery that can identify deforestation from farms they buy from.
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