Big Grain Not Sourcing from Deforested Amazon
ADM, Bunge using satellite monitoring to enforce policies
Grain traders Archer Daniels Midland Co. and Bunge Ltd. have said in separate statements they do not source crops from newly deforested areas in the Amazon and are using satellite monitoring to enforce their policies, reports Reuters.
Bunge said it is evaluating available information about the number and location of the existing Amazon rainforest fires.
For its part, ADM's statement last Friday says the company has been a signatory of the Amazon Soy Moratorium since 2006 and has a strict No Deforestation Policy in place.
"We do not source from any newly deforested areas in the Amazon, and we have satellite technology in place to ensure that we can enforce our policy," says ADM's release. "We understand the significant role the Amazon plays in our ecosystem worldwide, and we are leveraging our role as a major merchandiser of sustainable crops with a traceable supply chain to help do our part to protect it."