Developing a Nature-Positive Food & Agriculture Roadmap: Location, Rotation & other early Insights
This insights piece is part of a series presenting diverse perspectives about business actions on nature-positive.
This insights piece is part of a series presenting diverse perspectives about business actions on nature-positive.
SCF composed of six major agribusinesses – ADM, Bunge, Cargill, COFCO International, Louis Dreyfus Company and Viterra – is at the forefront of mobilizing partnerships that identify, invest in and scale solutions to eliminate deforestation and land conversion from soy production, and incentivize sustainable land use in Brazil and beyond.
Fourteen of the world’s leading agri-commodity companies have today set out a shared roadmap outlining how they will work towards reducing emissions from land use change.
Bunge announced today that it has exceeded its non-deforestation targets for monitoring and traceability of soybean crops from its indirect supply chain in the Brazilian Cerrado.
COFCO International has committed to making its soy supply chain free of deforestation and land conversion by 2030 in environmentally sensitive regions of South America, including the Amazon and Cerrado.
COFCO International has reached traceability and completed social and environmental screening of all its directly sourced soy from current suppliers in the Matopiba region, by December 2021, an important stepping-stone towards establishing a sustainable soy supply chain in the environmentally sensitive region.
In their December 2021 progress report, published today, members of WBCSD’s Soft Commodities Forum (SCF) reaffirm their commitments to increase the transparency and traceability of their Cerrado-sourced soy supply chains, to track sourcing where there are the highest risks of deforestation and conversion.
Ten of the world’s biggest global agricultural trading and processing companies have issued a joint statement committing to a sectoral roadmap by COP27 for enhanced supply chain action consistent with a 1.5°C pathway.
Value chain collaboration is essential to address most of the critical food systems challenges we face today.
The six-member companies of the Soft Commodities Forum (SCF) announce they are expanding their scope to cover additional municipalities in the Cerrado region in Brazil.