What is Bunge's commitment to climate action and its association with the Science Based Targets initiative (SBTi)?
Answered on : 2024-01-24
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Answer
Bunge, a global agribusiness company, has made significant commitments to climate action, aligned with the Science Based Targets initiative (SBTi). Here are the key points:
1. Bunge announced new climate targets in November 2021, which have been validated by SBTi, demonstrating their commitment to reducing greenhouse gas emissions [1].
2. These commitments are part of Bunge's efforts to further its climate goals, emphasizing their dedication to sustainability [2].
3. Bunge has also received recognition from Climate Action 100+ investors for its validated climate targets, showcasing the credibility of its efforts [4].
4. The company's commitment includes reducing GHG emissions in its value chain and striving for net-zero emissions in line with SBTi criteria [3].
5. Bunge's focus on science-based targets covers scopes 1, 2, and 3 carbon reductions by 2030, reinforcing their dedication to long-term sustainability [7].
Bunge's commitment to climate action and its partnership with SBTi demonstrate their proactive approach towards reducing carbon emissions and addressing climate change concerns.
References:
- [1]: Bunge Announces New Commitment to Climate Action
- [2]: 2022 Global Sustainability Report Based Targets Initiative (SBTi)
- [3]: Net zero target setting - Bunge
- [4]: Climate Action 100+ investors welcome Bunge's new targets
- [7]: Bunge's Focus on Long-term Strategies Helped Transform
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