Agribusinesses Seek to Boost Transparency
LDC, ADM, Bunge and Cargill commit toward transparent, traceable supply chain in Brazil
Members of global platform the Soft Commodities Forum (SCF) are boosting their commitment toward a transparent and traceable supply chain for soy in Brazil, reports Food Ingredients First.
The extent and pace of native vegetation loss resulting from cattle and soy expansion in the Cerrado region pose a significant threat to social, environmental and economic values, and now SCF members are upping their game to ensure that any agricultural expansion occurs hand-in-hand with the preservation of native vegetation and the long-term sustainability of the Cerrado biome.
SCF members have committed to a common framework for reporting and monitoring progress on transparent and traceable supply chains for soy in the region, which plays a significant role globally in terms of climate change mitigation, biodiversity and freshwater systems.
Louis Dreyfus Company (LDC), Archer Daniels Midland (ADM), Bunge and Cargill are all founding members of SCF.