Santa Fe, Argentina, March 31, 2022 – Louis Dreyfus Company (LDC) reported today that 77% of the 2020/2021 campaign soy processed at its General Lagos agro-industrial complex in Argentina was certified as sustainably sourced from land that has not been cleared after 2008, in accordance with 2BSvs and EPA requirements. The company also announced its commitment to increase this figure to 85% at General Lagos, for the current campaign ending in February 2023.
A joint effort between LDC and local producers, who must certify the origin of their production, this initiative is part of the company’s commitment to help shape increasingly sustainable supply chains, acting through collaboration with other value-chain participants – in this case, to ensure documented soybean traceability to farm level, as a requirement for sustainability certification.
“This process is a significant challenge and a great pride, possible thanks to the collective commitment of all value chain stakeholders, from farm to port,” says Fernando Correa Urquiza, LDC’s Regional Head of Oilseeds for South & West Latin America. “With over three quarters of soy received and processed in General Lagos certified as sustainably produced, LDC is a national leader in sustainable soy origination, and we are confident that we will rise to the challenge to increase the proportion of sustainable soy processed at the site even further. This will help drive awareness of sustainable soy production in Argentina and globally, in accordance with LDC’s Soy Sustainability Policy and global commitment to zero deforestation in all supply chains by the end of 2025.”
LDC has also developed and recently launched in Argentina a new digital platform to facilitate the process for producers’ soy sustainability declarations. “Our suppliers will be able to sign their self-declaration from any device in just a few clicks – another positive step in our continual search for digital solutions with the potential to drive efficiency for our partners and support supply chain transparency,” added Fernando Correa Urquiza.
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About Louis Dreyfus Company
Louis Dreyfus Company is a leading merchant and processor of agricultural goods, founded in 1851. We leverage our global reach and extensive asset network to serve our customers and consumers around the world, delivering the right products to the right location, at the right time – safely, reliably and responsibly. Our activities span the entire value chain, from farm to fork, across a broad range of business lines (platforms) including Grains & Oilseeds, Coffee, Cotton, Juice, Rice, Sugar, Freight, Carbon Solutions and Global Markets. We help feed and clothe some 500 million people every year by originating, processing and transporting approximately 80 million tons of products. Structured as a matrix organization of six geographical regions and nine platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally. For more information, visit www.ldc.com and follow us on Twitter, LinkedIn and WeChat (ID: we_are_ldc).
About Louis Dreyfus Company in Argentina
LDC has been present in Argentina for more than 120 years, developing various agro-industrial activities throughout the country. The company owns three port complexes: two in Rosario, in General Lagos and Timbúes, and one in Bahía Blanca, Buenos Aires. It also has commercial offices, grains and oilseeds warehouses and a cotton gin in 23 locations across the country’s main agricultural areas. Find out more at www.ldc.com/ar.
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