Source: UK COP 26
Recognizing the important role of agricultural commodities in addressing climate change as well as the achievement of the Sustainable Development Goals, notably by promoting economic development, reducing poverty, underpinning food security and improving the quality of life of billions of people;
Recognizing also the shared responsibility of the agri-commodities sector, including traders, processors, manufacturers, retailers and consumers, as well as governments;
We, ten global companies with combined annual revenues of nearly US$500 billion and significant global market share in commodities such as soy, palm oil, cocoa and livestock, have a common commitment to halt the loss of forests associated with agri-commodity production and trade.
We recognize that significant progress has been made, but this progress must be accelerated and scaled up to support global efforts to achieve the 2050 global zero emissions target, halt biodiversity loss and provide sustainable livelihoods.
We therefore intend to leverage our shared efforts, working with governments, farmers and other key stakeholders in our supply chains, to accelerate action across the sector and identify opportunities for public-private collaboration to catalyze further progress in eliminating deforestation generated by agri-commodities.
For COP 27 we will outline a shared roadmap for improved supply chain action consistent with a 1.5 degree Celsius pathway, which will support meeting our targets and increase collaboration and implementation in areas such as: improved policy environments, transparency in Scope 3 emissions and indirect supply chains, and improved farmer livelihoods.
Signatories:
- Mr. Juan Luciano, ADM
- Mr. Judiney Carvalho, Amaggi
- Mr. Gregory Heckman, Bunge
- Mr. David MacLennan, Cargill
- Mr. Franky Oesman Widjaja, Golden Agri-Resources
- Mr. Gilberto Tomazoni, JBS S.A.
- Mr. Michael Gelchie, Louis Dreyfus Company B.V.
- Mr. Sunny Verghese, Olam International
- Mr. David Mattiske, Viterra
- Mr Kuok Khoon Hong, Wilmar International
Supported by the Tropical Forest Alliance, hosted by the World Economic Forum.
The signatories wish to share the following comments on their commitments and progress to date:
ADM: ADM is fully committed to ending deforestation and preserving biodiversity and water resources in our supply chains. This includes committing our suppliers to deforestation-free agri-commodity production in order to reduce the impact on climate change. We believe that sustainable, ethical and responsible production in the food industry is fundamental to curbing global warming, conserving native biodiversity and defending the rights of indigenous communities and small farmers. Our goal is to eliminate deforestation from all our supply chains by 2030.
Amaggi: Faced with the challenges related to land-use and land-use change emissions, AMAGGI is committed to having a 100% tracked and monitored grain chain, free of deforestation and conversion of native vegetation to agricultural production by 2025, considering all its operations worldwide. AMAGGI currently has one of the most advanced traceability systems in its sector and has already achieved 99% of zero deforestation and zero conversion within the tracked chain by 2020-2021, in addition to being a world leader in socio-environmental certifications in the soybean chain.
Bunge: Bunge is committed to finding tangible solutions to address climate change, both in our operations and throughout our supply chains. Among the most critical efforts is our focus on preserving vital landscapes and rainforests in the regions from which we source. In 2015, Bunge made a global public commitment to achieve deforestation-free supply chains worldwide by 2025, covering direct and indirect sourcing, the most ambitious at our scale in the industry. In addition, Bunge has been a founder and active member of leading industry associations and platforms to find practical solutions to common sustainability challenges. Our collective action with both public and private sector partners has resulted in positive outcomes and progress toward our goals has been significant. We are confident that this is the right approach as we continue our purpose of connecting farmers with consumers to deliver essential food, feed and fuel to the world. Learn more about Bunge's commitments and progress at bunge.com.
Cargill: Cargill is making progress toward reducing our emissions, and those of our customers, across the supply chain and building climate resilience in agriculture. Together with farmers, we are working diligently to meet our science-based climate commitments while developing new markets for carbon, revitalizing landscapes through regenerative agriculture and grazing practices, and protecting forests and surrounding ecosystems.
Golden Agri-Resources: Golden Agri-Resources and the palm oil industry have made substantial progress towards no deforestation. These actions help to store large amounts of carbon. We see climate action as a priority and support the Government of Indonesia in achieving FoLU's net carbon sink by 2030, as well as Indonesia's commitment to reach net zero by 2060. By signing the Corporate Statement of Purpose, we commit to a 1.5C trajectory and encourage others to take similar action.
JBS: JBS, which committed to become Net Zero by 2040, already has zero tolerance for deforestation. The company's geospatial monitoring system uses satellite imagery to check farms against socioenvironmental criteria in every Brazilian biome where it operates. In order to guarantee this same control over the suppliers of its suppliers, JBS has set up its Transparent Livestock Farming Platform, which uses blockchain technology for security and confidentiality. By 2025, JBS won't buy from producers who are not part of this platform.
JBS: JBS, which has committed to becoming Net Zero by 2040, already has zero tolerance for deforestation. The company's geospatial monitoring system uses satellite images to compare farms with socio-environmental criteria in each Brazilian biome where it operates. To ensure this same control over its suppliers' suppliers, JBS has implemented its Transparent Livestock Platform, which uses blockchain technology for security and confidentiality. By 2025, JBS will not buy products from producers who are not part of this platform.
Louis Dreyfus Company: as a global trader and processor of agricultural products, Louis Dreyfus Company is committed to helping shape increasingly fair and sustainable agricultural and food production chains. As part of this, we are working collaboratively with customers, suppliers, peers and other value chain stakeholders toward traceable, low-carbon and deforestation-free supply chains. We are doing this by leveraging technologies such as satellite monitoring, blockchain and others for traceability, developing projects and initiatives to drive decarbonization in our global operations and supply chains, and engaging farmers, the heart of agricultural production, to find shared solutions to common challenges. at the landscape level.
Olam: Now more than ever, it is vital to take action to protect our natural environment, people and communities. Sustainable development and economic growth is not a binary choice. Addressing climate change, deforestation and natural resource conservation cannot be dissociated from improving farmers' livelihoods, strengthening health, water and sanitation, education and prosperity in rural communities. Joining together to take collective action will enable us to build on our progress to protect forests and landscapes, and advance traceability in supply chains to strengthen and accelerate action to combat the greatest global environmental challenges we face.
Viterra: Viterra wants to demonstrate leadership by continuously monitoring our impact on the environment and the communities in which we operate, and reducing our impact wherever possible. We aim to eliminate deforestation in our supply chains and care for valuable and protected areas. We seek to work collaboratively with other industry participants to achieve this goal, which requires cooperation along the supply chain from producers to consumers. These collective statements and actions provide us with the best opportunity to make the progress necessary for agriculture to make significant changes in emissions and environmental sustainability.
Wilmar: In line with our No Deforestation, No Peat and No Exploitation (NDPE) commitments, Wilmar International is currently preparing to align our climate targets with the 1.5 degree roadmap for COP27. We are developing comprehensive targets to reduce our negative climate impacts from our value chain. These include reducing emissions in our own operations and supply chains, addressing deforestation, halting biodiversity loss, and improving the livelihoods of farmers and smallholders within these climate-smart production models. These additional comprehensive targets will add to our existing climate-related achievements, which include achieving an overall 24.4% reduction in GHG emissions intensity for our palm oil mills in FY202020 from our FY2016 baseline, and achieving 56% of energy from renewable sources in our total FY2020 group energy. consumption.
