Public affairs' activities at Bunge are overseen by the SVP Sustainability & Governmental Affairs, who reports to the Bunge Limited CEO. The Global Government Affairs committee, which is comprised of public affairs' heads from each of Bunge's regional operating companies and global segments, coordinates policies, positions and activities on an ongoing basis.
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https://www.bunge.com/sites/default/files/2020-cdp_climate.pdf
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External Trends. The Committee shall provide oversight and guidance to management on sustainability, corporate social responsibility, political and environmental governance matters in public debate, public policy, regulation and legislation and consider additional actions in response to such issues. [...] Shareholder proposals. The Committee shall review proposals relating to public policy, sustainability or corporate responsibility issues and recommend a response to the Corporate Governance and Nominations Committee of the Board. The Committee shall work with the Corporate Governance and Nominations Committee to determine the appropriate level of the Company's engagement with shareholders and other interested parties concerning sustainability and corporate responsibility issues and other matters subject to Committee oversight.
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https://investors.bunge.com/governance/governance-document/sustainability-and-corporate-responsibility-committee-charter
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Bunge's political activities are conducted in accordance with relevant laws and regulations. Political activities are overseen at the Board level by the Corporate Governance and Nominations Committee (the "Committee") and are executed by members of Bunge's government affairs teams. The Committee periodically reviews Bunge's political contribution program and the Company's position and engagement on relevant public policy and corporate governance issues and trends affecting the Company's business. [...] The Bunge PAC is governed by a board comprised of employees from Bunge businesses and functions. The board approves all disbursements of Bunge PAC funds to candidate committees based upon prescribed criteria adopted by the PAC board. Furthermore, the Bunge PAC contributes to candidates who support polices that are in the best interest of our business and our employees and who share Bunge's values, not based on the personal political preferences of Bunge executives or individual employees. [...] Like most large companies, Bunge is a member of several trade, industry, and business associations representing the various industries in which Bunge operates. These memberships provide Bunge important resources for employees, engagement opportunities with policymakers and key stakeholders, and an ability to learn and share about non-competitive industry issues. Many, but not all, of the associations in which Bunge holds a membership, engage in government advocacy. Sometimes, the associations in which Bunge participates may advocate policy views that are contrary to the Bunge view. When these differences arise between Bunge and its respective trade associations, it is an opportunity for Bunge to learn about the views of others, voice the Bunge position, and gain a better understanding of the various viewpoints on issues impacting our industries and businesses. The portion of dues associated with lobbying activities by our trade associations is reported in Bunge's quarterly LD-2 lobbying disclosure filings.
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https://www.bunge.com/Corporate-Governance/Political-Contributions
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Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]One of the pillars of Bunge's sustainability strategy is to take meaningful action on climate. We achieve this by integrating carbon-focused decision-making into our strategies, operations and investments. Establishing Science Based Targets, investing in new growth areas with lower carbon attributes, and delivering on our non-deforestation commitment are examples of our overall climate risk management approach.
We believe that the agribusiness and food industry has an important role to play in finding scalable and realistic solutions to climate challenges. Our own climate goals and activities are in line with the Paris Climate Agreement, and we participate in organizations that support climate action.
Bunge is a member of many organizations, and while we may not always agree with these organizations' positions on climate, we take opportunities to advance pro-climate positions when feasible.
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CDP Questionnaire Response 2022
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Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes
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CDP Questionnaire Response 2023
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