Engagement
and Materiality

A Panel, with the participation of Bunge Brasil's stakeholders, helped define the most important subjects presented in this Sustainability Report

Materiality is an item contained in a standard GRI Sustainability Report, which deals with subjects that help stakeholders consider and reach conclusions in terms of the economic, social and environmental performance of the organization that is reporting. Preparing this item with precision is a constant challenge for Bunge Brasil, which actively develops initiatives for engaging with stakeholders at every stage of its production chain. Learn more about the process used to produce the Bunge Brasil 2012 Sustainability Report.

Stakeholders Panel

In order to produce this report, the Company brought together a group of stakeholders to promote ongoing improvement in the management of sustainability, considered an essential business strategy. Approximately 40 people participated in the 2011 Stakeholders Panel. Split up into discussion groups, these participants shared with Bunge Brasil the challenges of social, environmental and economic management, as well as their perceptions in relation to the initiatives developed during this period, which were aimed at perfecting the practice of sustainability throughout the value chain. 4.15

Materiality Matrix

The main subjects covered by the panel, held in December of 2011, in São Paulo, were classified and positioned according to the greatest interests of the stakeholders in relation to the greatest impacts on Bunge’s administration. These meetings produced a business positioning document, worked on internally by the company, which assessed the principles of the GRI and AA1000, such as materiality, inclusion of interested parties, the contextualization of the subjects, equilibrium, comparability, position clarity and reliability. The materiality of the 2012 Bunge Brasil Sustainability Report is expressed in the following matrix, the consolidated result of interactions with stakeholders since 2008, in decreasing order of relevance :4.16

The actions related to each issue identified as relevant by stakeholders can be observed in the following chapters:

  Stakeholder
Relationship


Transgenic
  Socioenvironmental impacts through Supply Chain

Sustainability in Business
Strategy
Sustainable Agriculture
  Relationship
with government
Creating Value for Society

Healthy Diets

Climate Change

Labor Conditions
Market Trends

Environmental Investment
Waste Management

Innovation

Biodiversity

The role of employees in the sustainability strategy
• Price Trends Diversity Traceability   Risk Management

Stakeholders speak up

Bunge Brasil’s Stakeholders Panel, in 2011, included representatives from the following groups: civil society, employees and internal specialists at Bunge, customers, financial institutions and suppliers. Each group gave its opinion on whether the 2011 Bunge Brasil Sustainability Report met their expectations with regard to content and presentation of the management strategy, assessed to what extent Sustainability is present in the Company’s initiatives and projects, and offered suggestions on how to improve the Report’s readability and provision of information for future editions.

The opinions obtained during the panel, together with other feedback received from stakeholders during the year through presentations, technical discussions, events and other meetings, as well as 0800 numbers and e-mails, helped Bunge define initiatives to improve its administration, as well as implement an ongoing assessment of the company’s strategy.

The stakeholder groups are indicated by areas of major relationship with the markets, such as: commercial, supplies, finances, shareholder relations and sustainability, and represent the main universe of relationships of Bunge.

Below, it is shown a diagram representing the interactions of different groups of stakeholders with the activities and strategies of the company: 4.17

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Commitment to Brazil. Field to table.
Bunge Brasil's Sustainability Icons
Represent the Social, Environmental and Economic dimensions of the actions and projects of the company in the Country. Learn more about Bunge Brasil Sustainability Platform in
www.bunge.com.br/sustentabilidade.
The Sustainability
Platform is a global
effort to ensure that
business performance
is enhanced on four
main fronts
Sustainable Agriculture Bunge is committed to raise awareness and train farmers to produce in order to reduce environmental impacts and maximize the use of finite natural resources.
The Sustainability
Platform is a global
effort to ensure that
business performance
is enhanced on four
main fronts
Climate Change Climate Change can bring significant impacts to food production worldwide. Therefore, Bunge believes it is a key factor in sustainability analyzes.
The Sustainability
Platform is a global
effort to ensure that
business performance
is enhanced on four
main fronts
Healthy Diets Offering safe and beneficial products to health. Bunge works to identify customer needs and provide the best food ever in the market.
The Sustainability
Platform is a global
effort to ensure that
business performance
is enhanced on four
main fronts
Waste Reduction Development of mechanisms and processes for the reduction of waste in industrial processes and expansion of the rational use of water and other non-renewable resources in the management of operational efficiency.