{"id":10093,"date":"2021-06-25T17:04:48","date_gmt":"2021-06-25T15:04:48","guid":{"rendered":"https:\/\/www.ldc.com\/br\/sustainability-report-2020\/responsible-business\/soy\/"},"modified":"2024-04-08T17:41:31","modified_gmt":"2024-04-08T15:41:31","slug":"soy","status":"publish","type":"page","link":"https:\/\/www.ldc.com\/br\/en\/sustainability-report-2020-2\/responsible-business\/soy\/","title":{"rendered":"Soybeans"},"content":{"rendered":"\n<section class=\"tw-relative tw-bg-cover tw-bg-no-repeat tw-bg-center \" style=\"background-image:url('https:\/\/www.ldc.com\/br\/wp-content\/uploads\/sites\/3\/2024\/04\/Soybean-Responsible-Business-SubPage-Heroes-1440wx700hpx-@DoubleSize-scaled-1.jpeg');\">\n        <div class=\"tw-container\">\n        <div class=\"tw-py-20 md:tw-py-32  lg:tw-py-72  tw-flex tw-flex-col tw-justify-center tw-items-center tw-text-center\">\n                            <p class=\"mb-2 tw-text-white\">Responsible Business<\/p>\n                <div class=\"tw-inline-block tw-h-1 tw-w-20 tw-mb-4 tw-bg-green\"><\/div>\n                        <h1 class=\"tw-text-white tw-font-heading tw-text-4xl lg:tw-text-6xl tw-max-w-screen-md tw-px-6 tw-leading-none\">Soybeans<\/h1>\n        <\/div>\n    <\/div>\n<\/section>\n\n\n<div class=\"tw-container tw-pt-4\"><div class=\"yoast-breadcrumbs tw-container\"><span><span><a href=\"https:\/\/www.ldc.com\/br\/pt\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/www.ldc.com\/br\/en\/?page_id=9741\">Private: Sustainability Report 2020<\/a><\/span> \u00bb <span><a href=\"https:\/\/www.ldc.com\/br\/en\/sustainability-report-2020-2\/responsible-business\/\">Responsible Business<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\">Soybeans<\/span><\/span><\/div><\/div>\n\n\n\n<section  class=\"tw-py-8 md:tw-pb-16 \">\n    <div class=\"tw-container-narrow tw-mx-auto\">\n        \n<section  id=\"two-col-block_d1b61e5b3ab081e8e0c6b2776699bc06\" class=\"two-col-free wp-block-group \">\n    <div class=\"tw-container\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n\t\t\t\n\n<h2 class=\"wp-block-heading tw-mt-4 md:tw-mt-16 tw-leading-tight\" id=\"h-as-the-world-s-most-efficient-source-of-protein-per-hectare-an-important-ingredient-for-both-human-and-animal-nutrition-and-a-rich-source-of-biofuel-soy-production-has-expanded-tenfold-in-the-last-50-years-to-meet-demand-which-is-expected-to-continue-to-grow-rapidly\">As the world\u2019s most efficient source of protein per hectare, an important ingredient for both human and animal nutrition, and a rich source of biofuel, soy production has expanded tenfold in the last 50 years to meet demand, which is expected to continue to grow rapidly<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<p>It is crucial that the world meets this growing demand, which follows rising global consumption of meat and food in general, while preserving ecologically valuable biomes, thereby contributing to the <em>United Nations<\/em>\u2019 <a href=\"https:\/\/www.ldc.com\/sustainability-report-2020\/goals-that-guide-us\/\">Sustainable Development Goal (SDG) 12: Responsible Consumption and Production<\/a>.<\/p>\n<\/div>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n    <\/div>\n<\/section>\n\n\n\n<section class=\" \">\n    <div class=\"tw-container tw-mt-4 tw-mb-24 tw-mx-auto\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12 tw-flex tw-flex-wrap lg:tw-flex-nowrap tw-justify-center tw-items-center tw-relative\">\n            <div class=\"tw-mt-10 lg:tw-mt-0 tw-w-full md:tw-w-7\/12 tw-h-full tw-flex lg:tw-w-2\/3\">\n                <blockquote class=\"tw-w-full tw-pr-5\">\n                                            <div class=\"tw-w-20 tw-h-1 tw-bg-green tw-mb-10\"><\/div>\n                                        <div class=\"tw-text-3xl tw-leading-tight tw-text-green tw-font-heading tw-mb-12\">\u201cTo achieve more sustainable soy production, it is essential that all soy value chain participants work together, in line with SDG 17: partnerships for the goals. Collaboration among all stakeholders \u2013 starting with farmers, as the heart of the food chain \u2013 is the key to driving lasting change.\u201d\n<\/div>\n                    <p class=\"tw-text-lg tw-font-body tw-font-bold tw-mb-0 \">Andr\u00e9 Roth<\/p>\n                    <p class=\"tw-text-lg tw-font-body tw-mb-10 \">Head of Grains &amp; Oilseeds<\/p>\n                                    <\/blockquote>\n            <\/div>\n            <div class=\"tw-hidden tw-w-5\/12 md:tw-block md:tw-pl-6\">\n                <img decoding=\"async\" src=\"https:\/\/www.ldc.com\/br\/wp-content\/uploads\/sites\/3\/2024\/04\/andre-roth.jpg\" class=\"max-w-full\" alt=\"\">\n            <\/div>\n        <\/div>\n    <\/div>\n<\/section>\n\n\n<div class=\"block-expanding-content tw-pb-16 md:tw-pb-8 tw-bg-gray-slight\">\n    <section class=\"content-block tw-py-8 md:tw-pt-16\">\n        <div class=\"tw-container\">\n            <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n                                    <div class=\"tw-flex tw-flex-wrap tw-justify-between md:tw--mx-4\">\n                        <div class=\"tw-w-full tw-mb-4 md:tw-mb-0 md:tw-w-1\/2\">\n                            <div class=\"tw-w-full md:tw-px-4\">\n                                <div class=\"tw-border-b-4 tw-border-green tw-inline-block tw-pb-4 tw-mb-8\">\n                                    <img decoding=\"async\" src=\"https:\/\/www.ldc.com\/br\/wp-content\/uploads\/sites\/3\/2024\/04\/soy-expanding-icon.svg\" alt=\"\">\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                                <div class=\"tw-flex tw-flex-wrap tw-justify-between md:tw--mx-4\">\n                    <div class=\"tw-w-full tw-mb-4 md:tw-mb-0 md:tw-w-1\/2\">\n                        <div class=\"tw-w-full md:tw-px-4\">\n                                                            <div class=\"tw-w-full xl:tw-w-4\/5\">\n                                    <h2 class=\"tw-text-4xl tw-leading-tight tw-font-heading tw-text-text-dark\">Sustainability Policy &amp; Mapping<\/h2>                                                                    <\/div>\n                                                    <\/div>\n\n                    <\/div>\n                    <div class=\"tw-w-full md:tw-w-1\/2\">\n                        <div class=\"tw-w-full md:tw-px-4\">\n                                                            <div class=\"expanding-content-right tw-w-full xl:tw-w-4\/5 tw-text-blue\">\n                                <p>Although we also source soy from North America, the main sustainability risks we face are with soy purchased from Brazil, Argentina and Paraguay, where our priority is to help conserve areas rich in biodiversity, such as the Cerrado, Gran Chaco and Amazon biomes.<\/p>\n                                <\/div>\n                                                    <\/div>\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/section>    \n\n    <div class=\"tw-overflow-y-hidden expanding-block-content tw-transition-all tw-duration-500 tw-ease-out\" style=\" max-height:0; \">\n        \n<section  id=\"two-col-block_d1b61e5b3ab081e8e0c6b2776699bc06\" class=\"two-col-free wp-block-group \">\n    <div class=\"tw-container\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n\t\t\t\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p>In 2018, we launched our global <a href=\"https:\/\/www.ldc.com\/py\/wp-content\/uploads\/sites\/14\/SSP_EN_FINAL.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Soy Sustainability Policy<\/a>, detailing our commitment to work with all our supply chain stakeholders to prevent conversion of native vegetation in areas of high ecological value, and reinforcing our \u2018No Deforestation, No Peat, No Exploitation\u2019 commitment.<\/p>\n\n\n\n<p>In 2019, we shared this global soy policy with all our major suppliers operating in areas deemed to be at high risk of deforestation, and pursued policy communication in 2020 to reach suppliers in all regions where we operate.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p>Mapping supply chains being crucial to ensure traceability for direct sourcing activities, in 2020, we increased the number of direct suppliers mapped in Brazil and Argentina, mapped land use dynamics in northern Argentina and mapped our sourcing profile in Paraguay.<\/p>\n<\/div>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n    <\/div>\n    \n    \n    <div class=\"tw-container\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n            <div class=\"tw-flex tw-flex-col tw-flex-wrap tw-items-center tw-text-xs tw-justify-center md:tw--mx-4 tw-cursor-pointer\">\n                <svg class=\"icon-expand-open tw-block tw-mb-3\" width=\"50px\" height=\"50px\" viewBox=\"0 0 50 50\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\n                    <g stroke=\"none\" stroke-width=\"1\" fill=\"none\" fill-rule=\"evenodd\">\n                        <g transform=\"translate(-695.000000, -2223.000000)\">\n                            <g class=\"icon-expand-open__stroke\" transform=\"translate(0.000000, 1898.000000)\" stroke-width=\"4\">\n                                <g transform=\"translate(720.000000, 350.000000) rotate(-315.000000) translate(-720.000000, -350.000000) translate(695.000000, 325.000000)\">\n                                    <circle id=\"Oval\" cx=\"25\" cy=\"25\" r=\"23\"><\/circle>\n                                    <line x1=\"19.8051948\" y1=\"20.0310559\" x2=\"30.1948052\" y2=\"29.9689441\" id=\"Line-5\" stroke-linecap=\"square\"><\/line>\n                                    <line x1=\"19.8051948\" y1=\"20.0310559\" x2=\"30.1948052\" y2=\"29.9689441\" id=\"Line-5\" stroke-linecap=\"square\" transform=\"translate(25.000000, 25.000000) scale(-1, 1) translate(-25.000000, -25.000000) \"><\/line>\n                                <\/g>\n                            <\/g>\n                        <\/g>\n                    <\/g>\n                <\/svg>\n                <span class=\"tw-uppercase icon-expand-text-open\">Open<\/span>\n                <span class=\"tw-uppercase icon-expand-text-close tw-hidden\">Close<\/span>\n            <\/div>                \n        <\/div>\n    <\/div>\n<\/div>\n\n\n<div class=\"block-expanding-content tw-pb-16 md:tw-pb-8 tw-bg-white\">\n    <section class=\"content-block tw-py-8 md:tw-pt-16\">\n        <div class=\"tw-container\">\n            <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n                                    <div class=\"tw-flex tw-flex-wrap tw-justify-between md:tw--mx-4\">\n                        <div class=\"tw-w-full tw-mb-4 md:tw-mb-0 md:tw-w-1\/2\">\n                            <div class=\"tw-w-full md:tw-px-4\">\n                                <div class=\"tw-border-b-4 tw-border-green tw-inline-block tw-pb-4 tw-mb-8\">\n                                    <img decoding=\"async\" src=\"https:\/\/www.ldc.com\/br\/wp-content\/uploads\/sites\/3\/2024\/04\/soy-expanding-icon.svg\" alt=\"\">\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                                <div class=\"tw-flex tw-flex-wrap tw-justify-between md:tw--mx-4\">\n                    <div class=\"tw-w-full tw-mb-4 md:tw-mb-0 md:tw-w-1\/2\">\n                        <div class=\"tw-w-full md:tw-px-4\">\n                                                            <div class=\"tw-w-full xl:tw-w-4\/5\">\n                                    <h2 class=\"tw-text-4xl tw-leading-tight tw-font-heading tw-text-text-dark\">Progress in Brazil<\/h2>                                                                    <\/div>\n                                                    <\/div>\n\n                    <\/div>\n                    <div class=\"tw-w-full md:tw-w-1\/2\">\n                        <div class=\"tw-w-full md:tw-px-4\">\n                                                            <div class=\"expanding-content-right tw-w-full xl:tw-w-4\/5 tw-text-blue\">\n                                <p>Our work toward more sustainable soy supply chains includes incentivizing producers in Brazil to preserve native vegetation.<\/p>\n<p>After launching a preferential financing line in 2019 to incentivize producers to expand over existing pasture or degraded land, rather than convert native vegetation, in 2020 we focused on efforts to enhance pick-up among producers.<\/p>\n                                <\/div>\n                                                    <\/div>\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/section>    \n\n    <div class=\"tw-overflow-y-hidden expanding-block-content tw-transition-all tw-duration-500 tw-ease-out\" style=\" max-height:0; \">\n        \n<section  id=\"two-col-block_d1b61e5b3ab081e8e0c6b2776699bc06\" class=\"two-col-free wp-block-group \">\n    <div class=\"tw-container\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n\t\t\t\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<h3 class=\"wp-block-heading\" id=\"h-traceable-supply-chains\">Traceable Supply Chains<\/h3>\n\n\n\n<p>We source approximately half of the soybeans we process in Brazil directly from producers. To meet traceability to farm standards defined by the <em>World Business Council for Sustainable Development\u2019s<a href=\"https:\/\/www.wbcsd.org\/Programs\/Food-and-Nature\/Food-Land-Use\/Soft-Commodities-Forum\" target=\"_blank\" rel=\"noreferrer noopener\">Soft Commodities Forum<\/a><\/em>, the GPS coordinates of a farm where soy was produced must be available and the farm must have an <em>Environmental Rural Registry<\/em> (CAR &#8211; <em>Cadastro Ambiental Rural<\/em>) number.<\/p>\n\n\n\n<p>Our target for 2020 was to trace 50% of directly sourced volumes in Brazil to farm level, with a focus on areas at higher risk of deforestation \u2013 a target which we exceeded by 38%, with the following figures as of end of November 2020:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>3% of soy volumes sourced from the Cerrado are from the 25 priority municipalities defined by the SCF (which is 0.8% of total volumes sourced in Brazil), of which LDC is present in two in Mato Grosso State.<\/li>\n\n\n\n<li>For sourcing in these high-priority municipalities, LDC has 100% polygon level traceability to farm for direct sources.<\/li>\n\n\n\n<li>For Brazil as a whole, LDC currently has 88% traceability to farm for all direct purchases, and traceability to municipality for remaining volumes.       <\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<h3 class=\"wp-block-heading\" id=\"h-certified-soy\">Certified Soy  <\/h3>\n\n\n\n<p>In 2018, we set up our own sustainable agriculture certification scheme in Brazil, and since then have been working with farmers to achieve compliance with this program, helping to build a certified supply chain that links our sustainability ambitions with customer requirements.<\/p>\n\n\n\n<p>To this end, we encourage pursuit of certification by sharing best practices, promoting sustainable production and working with farmers on socio-economic risk analyses. We have also certified some of our own Brazilian assets under <a href=\"https:\/\/responsiblesoy.org\/?lang=en\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Roundtable on Responsible Soy<\/em><\/a> (RTRS) criteria, which guarantee a transparent flow of certified soy.<\/p>\n\n\n\n<p>In 2020, we made our first sales of RTRS volumes of soy credits and physical products through mass balance, strengthening the certified soy chain and helping to connect our customers with sustainably produced soy. <\/p>\n\n\n\n<p>To meet the demands of European customers and biofuels markets, we also expanded the scope of supply chain certification per the European Commission\u2019s Renewable Energy Directive (EU RED), which sets out criteria for the import into the European Union of raw material (as soy) for biofuel production.<\/p>\n<\/div>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n    <\/div>\n    \n    \n    <div class=\"tw-container\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n            <div class=\"tw-flex tw-flex-col tw-flex-wrap tw-items-center tw-text-xs tw-justify-center md:tw--mx-4 tw-cursor-pointer\">\n                <svg class=\"icon-expand-open tw-block tw-mb-3\" width=\"50px\" height=\"50px\" viewBox=\"0 0 50 50\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\n                    <g stroke=\"none\" stroke-width=\"1\" fill=\"none\" fill-rule=\"evenodd\">\n                        <g transform=\"translate(-695.000000, -2223.000000)\">\n                            <g class=\"icon-expand-open__stroke\" transform=\"translate(0.000000, 1898.000000)\" stroke-width=\"4\">\n                                <g transform=\"translate(720.000000, 350.000000) rotate(-315.000000) translate(-720.000000, -350.000000) translate(695.000000, 325.000000)\">\n                                    <circle id=\"Oval\" cx=\"25\" cy=\"25\" r=\"23\"><\/circle>\n                                    <line x1=\"19.8051948\" y1=\"20.0310559\" x2=\"30.1948052\" y2=\"29.9689441\" id=\"Line-5\" stroke-linecap=\"square\"><\/line>\n                                    <line x1=\"19.8051948\" y1=\"20.0310559\" x2=\"30.1948052\" y2=\"29.9689441\" id=\"Line-5\" stroke-linecap=\"square\" transform=\"translate(25.000000, 25.000000) scale(-1, 1) translate(-25.000000, -25.000000) \"><\/line>\n                                <\/g>\n                            <\/g>\n                        <\/g>\n                    <\/g>\n                <\/svg>\n                <span class=\"tw-uppercase icon-expand-text-open\">Open<\/span>\n                <span class=\"tw-uppercase icon-expand-text-close tw-hidden\">Close<\/span>\n            <\/div>                \n        <\/div>\n    <\/div>\n<\/div>\n\n\n<div class=\"block-expanding-content tw-pb-16 md:tw-pb-8 tw-bg-gray-slight\">\n    <section class=\"content-block tw-py-8 md:tw-pt-16\">\n        <div class=\"tw-container\">\n            <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n                                    <div class=\"tw-flex tw-flex-wrap tw-justify-between md:tw--mx-4\">\n                        <div class=\"tw-w-full tw-mb-4 md:tw-mb-0 md:tw-w-1\/2\">\n                            <div class=\"tw-w-full md:tw-px-4\">\n                                <div class=\"tw-border-b-4 tw-border-green tw-inline-block tw-pb-4 tw-mb-8\">\n                                    <img decoding=\"async\" src=\"https:\/\/www.ldc.com\/br\/wp-content\/uploads\/sites\/3\/2024\/04\/soy-expanding-icon.svg\" alt=\"\">\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                                <div class=\"tw-flex tw-flex-wrap tw-justify-between md:tw--mx-4\">\n                    <div class=\"tw-w-full tw-mb-4 md:tw-mb-0 md:tw-w-1\/2\">\n                        <div class=\"tw-w-full md:tw-px-4\">\n                                                            <div class=\"tw-w-full xl:tw-w-4\/5\">\n                                    <h2 class=\"tw-text-4xl tw-leading-tight tw-font-heading tw-text-text-dark\">Progress in Argentina and Paraguay<\/h2>                                                                    <\/div>\n                                                    <\/div>\n\n                    <\/div>\n                    <div class=\"tw-w-full md:tw-w-1\/2\">\n                        <div class=\"tw-w-full md:tw-px-4\">\n                                                            <div class=\"expanding-content-right tw-w-full xl:tw-w-4\/5 tw-text-blue\">\n                                <p>In 2020, 87% of LDC\u2019s soy origination in Argentina came from deforestation-free verified sources. The remaining volumes came from the Gran Chaco, 17% of which we certified as <em>Biomass Biofuel Sustainability Voluntary Scheme <\/em>(2BSvs).<\/p>\n                                <\/div>\n                                                    <\/div>\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/section>    \n\n    <div class=\"tw-overflow-y-hidden expanding-block-content tw-transition-all tw-duration-500 tw-ease-out\" style=\" max-height:0; \">\n        \n<section  id=\"two-col-block_d1b61e5b3ab081e8e0c6b2776699bc06\" class=\"two-col-free wp-block-group \">\n    <div class=\"tw-container\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n\t\t\t\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p>We are working alongside <a href=\"https:\/\/www.nature.org\/en-us\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>The&nbsp;Nature&nbsp;Conservancy<\/em><\/a>&nbsp; (TNC)&nbsp;to improve&nbsp;our&nbsp;risk analysis tool and provide incentives for producers not&nbsp;to expand cultivation over Gran Chaco&nbsp;native vegetation, such as a premium for sustainable soy&nbsp;and credit lines with low interest rates.&nbsp;  <\/p>\n\n\n\n<h3 class=\"wp-block-heading tw-mt-16\" id=\"h-traceable-supply-chains-0\">Traceable Supply Chains<\/h3>\n\n\n\n<p><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p>Using open-source data, we&nbsp;also&nbsp;mapped the current state of Paraguayan deforestation, our conclusion so far being&nbsp;that&nbsp;Paraguay\u2019s soybean production&nbsp;has&nbsp;a&nbsp;75% low-risk and&nbsp;24% medium-risk&nbsp;deforestation&nbsp;profile&nbsp;since 2004.&nbsp;&nbsp; <\/p>\n<\/div>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n\n<section  id=\"two-col-block_d1b61e5b3ab081e8e0c6b2776699bc06\" class=\"two-col-free wp-block-group \">\n    <div class=\"tw-container\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n\t\t\t\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p>In 2020, we mapped approximately 90% of Argentine soy suppliers through the elevator channel, focusing on the Campo Largo area (Gran Chaco). This mapping identified areas of native forest, any recent deforestation and legal categorization of land. <\/p>\n\n\n\n<p>Thanks to extensive certification programs in Argentina, more than half of soy volumes that enter our General Lagos plant can be traced back to farms. <\/p>\n\n\n\n<h3 class=\"wp-block-heading tw-mt-16\" id=\"h-certified-soy-0\">Certified Soy<\/h3>\n\n\n\n<p><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p>Working with TNC, we have also improved the risk analysis tool we use and hope to implement it for all farms in Argentina and Paraguay in 2021. <\/p>\n\n\n\n<p>Going forward, we will carry out the same mapping and risk analyses in Uruguay and Paraguay, and extend land-use dynamics mapping beyond our current sourcing areas in Argentina, to seek solutions that avoid deforestation. Our targets have been amended accordingly. <\/p>\n<\/div>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n\n<section  id=\"two-col-block_d1b61e5b3ab081e8e0c6b2776699bc06\" class=\"two-col-free wp-block-group \">\n    <div class=\"tw-container\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n\t\t\t\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p><strong>Biodiesel and Soybean Oil Markets<\/strong> <\/p>\n\n\n\n<p>Our significant 2BSvs and <em>International Sustainability &amp; Carbon Certification<\/em> (ISCC-EU) programs to provide certified sustainable biodiesel and other soy derivatives require: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>that production of biofuel feedstock does not take place on land with high biodiversity; <\/li>\n\n\n\n<li>that land with high carbon stock has not been converted for biofuel feedstock production (since the cut-off date of January 1, 2008); <\/li>\n\n\n\n<li>traceability and chain of custody, mass balance throughout the supply chain; and <\/li>\n\n\n\n<li>that biofuel production leads to sufficient greenhouse gas emissions savings, as defined by the EU. <\/li>\n<\/ul>\n\n\n\n<p>Due to the impacts of Covid-19, decreased fuel usage led to reduced certified biodiesel sales. In response, we are trying to increase the number of destinations we reach with our products.<\/p>\n\n\n\n<h3 class=\"wp-block-heading tw-mt-16\" id=\"h-partnerships-for-sustainability\">Partnerships for Sustainability <\/h3>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p><strong>Soybean, Soybean Oil and Soybean Meal Markets <\/strong><\/p>\n\n\n\n<p>In 2020, we obtained chain of custody certification for our facilities in: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Argentina: Timb\u00faes and General Lagos <\/li>\n\n\n\n<li>Paraguay: C.A.I.A.S.A, Trociuk and Santa Maria <\/li>\n<\/ul>\n\n\n\n<p>In 2020, we made our first purchases and sales of RTRS-certified soy in Paraguay, established our own third-party verified, deforestation-free soybean meal supply chain in Argentina, and brokered our first sales of this certified non-deforested Argentine soybean meal, which began shipping in early 2021. <\/p>\n\n\n\n<p>We are extending the same scheme for third-party verified, deforestation-free soybean meal in Paraguay and Brazil in 2021. <\/p>\n\n\n\n<p>In our 2019 sustainability report, we expressed an ambition to purchase 300,000 MT of deforestation-free soybeans annually in Paraguay from 2022. However, as most soy is not sourced directly from producers, we will have to amend this goal. <\/p>\n<\/div>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n\n<section  id=\"two-col-block_d1b61e5b3ab081e8e0c6b2776699bc06\" class=\"two-col-free wp-block-group \">\n    <div class=\"tw-container\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n\t\t\t\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p>In Argentina, we remained part of several collaborative efforts to prevent soy sourcing from protected areas in the Gran Chaco: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Vision Sectorial del Gran Chaco<\/em> (ViSeC), a multi-stakeholder initiative addressing\u202fsoy\u202fproduction and conservation in the Argentine Gran Chaco, through which LDC and other members of <em>Argentina\u2019s Edible\u202fOils \u202fAssociation<\/em> (CIARA &#8211; <a href=\"http:\/\/www.ciaracec.com.ar\/ciara\" target=\"_blank\" rel=\"noreferrer noopener\"><em>C\u00e1mara de la lndustria Aceitera de la Rep\u00fablica Argentina<\/em><\/a>) are working with the public sector to comply with National Forestry Law, and to create sectoral plans for a collective commitment to achieve deforestation-free chains. <\/li>\n\n\n\n<li>TNC, which is helping us create a solution to monitor areas of high biodiversity, identify where deforestation is taking place for soy, and create incentives that could alter producer behavior. The initial focus is on the Argentinian region of the Gran Chaco. <\/li>\n\n\n\n<li>The <a href=\"https:\/\/carbononeutro.com.ar\/en\/home\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Argentine Carbon Neutral Program<\/em><\/a>, working to certify Argentine export products and, alongside other industry players in Argentina, to set a default greenhouse gas emission standard for Argentine soybean cultivation. <\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p>In Paraguay, we similarly remained a participant in several programs and associations, including:  <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <em>United Nations\u2019<\/em> <a href=\"https:\/\/greencommoditiesparaguay.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">Green Commodities<\/a> program, until it ended in 2020, offering a merchant\u2019s perspective on industry issues and helping to promote sustainable practices.   <\/li>\n\n\n\n<li>The Paraguayan Chamber of Oilseeds Processors (CAPPRO &#8211; <a href=\"http:\/\/capeco.org.py\/en\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>C\u00e1mara Paraguaya Procesadores de Oleaginosas<\/em><\/a>). In 2020, thanks to a US$40,000 grant administered by CAPPRO, two cooperatives were certified as sustainable producers, with another three due to be certified in 2021. <\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n    <\/div>\n    \n    \n    <div class=\"tw-container\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n            <div class=\"tw-flex tw-flex-col tw-flex-wrap tw-items-center tw-text-xs tw-justify-center md:tw--mx-4 tw-cursor-pointer\">\n                <svg class=\"icon-expand-open tw-block tw-mb-3\" width=\"50px\" height=\"50px\" viewBox=\"0 0 50 50\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\n                    <g stroke=\"none\" stroke-width=\"1\" fill=\"none\" fill-rule=\"evenodd\">\n                        <g transform=\"translate(-695.000000, -2223.000000)\">\n                            <g class=\"icon-expand-open__stroke\" transform=\"translate(0.000000, 1898.000000)\" stroke-width=\"4\">\n                                <g transform=\"translate(720.000000, 350.000000) rotate(-315.000000) translate(-720.000000, -350.000000) translate(695.000000, 325.000000)\">\n                                    <circle id=\"Oval\" cx=\"25\" cy=\"25\" r=\"23\"><\/circle>\n                                    <line x1=\"19.8051948\" y1=\"20.0310559\" x2=\"30.1948052\" y2=\"29.9689441\" id=\"Line-5\" stroke-linecap=\"square\"><\/line>\n                                    <line x1=\"19.8051948\" y1=\"20.0310559\" x2=\"30.1948052\" y2=\"29.9689441\" id=\"Line-5\" stroke-linecap=\"square\" transform=\"translate(25.000000, 25.000000) scale(-1, 1) translate(-25.000000, -25.000000) \"><\/line>\n                                <\/g>\n                            <\/g>\n                        <\/g>\n                    <\/g>\n                <\/svg>\n                <span class=\"tw-uppercase icon-expand-text-open\">Open<\/span>\n                <span class=\"tw-uppercase icon-expand-text-close tw-hidden\">Close<\/span>\n            <\/div>                \n        <\/div>\n    <\/div>\n<\/div>\n\n\n\n\n<section  class=\"tw-py-8 md:tw-pb-16  md:tw-pb-0 tw-bg-blue md:tw-pt-16\">\n    <div class=\"tw-container tw-mx-auto\">\n        \n<section  id=\"two-col-block_8a4d4db9ffa4ef3e534c0323041c20f2\" class=\"two-col-free wp-block-group  tw-pt-12\">\n    <div class=\"tw-container\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n\t\t\t\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<figure class=\"wp-block-image size-large tw-mt-0 tw-mb-4\"><img loading=\"lazy\" decoding=\"async\" width=\"70\" height=\"6\" src=\"https:\/\/www.ldc.com\/br\/wp-content\/uploads\/sites\/3\/2024\/04\/green-line.png\" alt=\"\" class=\"wp-image-17746\" title=\"\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-looking-to-2021-and-beyond\"><span class=\"has-inline-color has-white-color\">Looking to 2021 and Beyond<\/span><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\"><\/div>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n\n<section  id=\"two-col-block_d1b61e5b3ab081e8e0c6b2776699bc06\" class=\"two-col-free wp-block-group \">\n    <div class=\"tw-container\">\n        <div class=\"tw-w-full tw-mx-auto lg:tw-w-11\/12\">\n\t\t\t\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p><span class=\"has-inline-color has-white-color\">In addition to detailing progress on our efforts in Brazil, Argentina and Paraguay in our sustainability reports, we also update our sourcing profile regularly via <a href=\"https:\/\/www.ldc.com\/sustainability\/responsible-supply-chain\/sustainable-soy\/\" target=\"_blank\" rel=\"noreferrer noopener\">our global website<\/a> and report twice-annually on soy sourcing from priority municipalities in Brazil, as defined as by the WBCSD&#8217;s <em>Soft Commodities Forum<\/em> (SCF). <\/span><\/p>\n\n\n\n<p><span class=\"has-inline-color has-white-color\">Looking forward, we will continue to do so while protecting key areas, by participating in strategic alliances with partners such as:  <\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span class=\"has-inline-color has-white-color\">The SCF, in the Cerrado <\/span><\/li>\n\n\n\n<li><span class=\"has-inline-color has-white-color\">CIARA and TNC, in the Gran Chaco <\/span><\/li>\n\n\n\n<li><span class=\"has-inline-color has-white-color\">CAPPRO, the <a href=\"https:\/\/fefac.eu\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>European Feed Manufacturers\u2019 Federation<\/em><\/a> (FEFAC) and <a href=\"https:\/\/www.idhsustainabletrade.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>The Sustainable Trade Initiative<\/em><\/a> (IDH), in Paraguay <\/span><\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p><span class=\"has-inline-color has-white-color\">We will also continue to develop our global Soy Sustainability Policy through supply chain mapping and risk assessments for all sourcing in Brazil, Argentina, Paraguay and Uruguay, moving toward full traceability to farm for directly sourced soybeans. <\/span><\/p>\n\n\n\n<p><span class=\"has-inline-color has-white-color\">In 2021, we will pursue our traceability efforts despite the technical and logistic challenges posed by Covid-19, and will continue to engage with business partners to encourage responsible expansion of soy cultivation. <\/span><\/p>\n<\/div>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n    <\/div>\n<\/section>\n\n\n\n\n<section  class=\"tw-bg-gray-slight tw-pt-8 lg:tw-pt-16 tw-pb-4 lg:tw-pb-8 \">\n    <div class=\"tw-container\">\n                                    <div class=\"tw-py-4 md:tw-py-8\">\n\n                    <div class=\"tw-w-full tw-mx-auto md:tw-w-11\/12\">\n                        <div class=\"tw-w-full tw-mb-8 md:tw-w-1\/2\">\n                            <div class=\"tw-w-full xl:tw-w-4\/5\">\n                                <div class=\"tw-inline-block tw-h-1 tw-w-20 tw-mb-4 tw-bg-green\"><\/div>\n                                <p class=\"tw-text-4xl tw-leading-tight tw-font-heading tw-text-text-dark\">Targets<\/p>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n\n                    <!-- Targets using flexbox -->\n                    <div class=\"tw-flex tw-flex-wrap md:tw--mx-4\">\n                                                                                                                    <div class=\"tw-mb-4 sm:tw-w-1\/2 md:tw-w-1\/3 lg:tw-w-1\/4 2xl:tw-w-1\/5 sm:tw-px-4 tw-w-full\">\n                                    <div class=\"tw-flex-1 tw-flex tw-flex-col tw-w-full tw-h-full\">\n                                        <div class=\"tw-flex tw-flex-col tw-p-8 tw-bg-green sr-target-item\">\n                                            <p class=\"tw-flex-1 tw-mb-6 tw-font-heading tw-text-white tw-text-lg tw-leading-tight\">Reach 50% traceability to farm in Brazil for direct purchases <\/p>\n\n                                            <div class=\"tw-flex tw-items-center tw-mb-8\">\n                                                                                                    <div class=\"tw-border-b-4 tw-border-white tw-inline-block tw-pb-4\">\n                                                        <img decoding=\"async\" src=\"https:\/\/www.ldc.com\/br\/wp-content\/uploads\/sites\/3\/2024\/04\/soy-target-icon.svg\" alt=\"\">\n                                                    <\/div>\n                                                                                                                                                    <p class=\"tw-px-4 tw-font-heading tw-text-5xl tw-text-green\">50%<\/p>\n                                                                                                                                            <\/div>\n\n                                                                                            <p class=\"tw-text-text-dark tw-mb-0\">Completion: <span class=\"tw-text-white\">2020<\/span><\/p>\n                                                                                                                                        <p class=\"tw-text-text-dark tw-mb-0\">Status: <span class=\"tw-text-white\">Exceeded (88%)<\/span><\/p>\n                                                                                                                                <\/div>\n                                                                            <\/div>\n                                <\/div>\n                                                                                            <div class=\"tw-mb-4 sm:tw-w-1\/2 md:tw-w-1\/3 lg:tw-w-1\/4 2xl:tw-w-1\/5 sm:tw-px-4 tw-w-full\">\n                                    <div class=\"tw-flex-1 tw-flex tw-flex-col tw-w-full tw-h-full\">\n                                        <div class=\"tw-flex tw-flex-col tw-p-8 tw-bg-green sr-target-item\">\n                                            <p class=\"tw-flex-1 tw-mb-6 tw-font-heading tw-text-white tw-text-lg tw-leading-tight\">Map land use dynamics in northern Argentina   <\/p>\n\n                                            <div class=\"tw-flex tw-items-center tw-mb-8\">\n                                                                                                    <div class=\"tw-border-b-4 tw-border-white tw-inline-block tw-pb-4\">\n                                                        <img decoding=\"async\" src=\"https:\/\/www.ldc.com\/br\/wp-content\/uploads\/sites\/3\/2024\/04\/soy-target-icon.svg\" alt=\"\">\n                                                    <\/div>\n                                                                                                                                                                                            <\/div>\n\n                                                                                            <p class=\"tw-text-text-dark tw-mb-0\">Completion: <span class=\"tw-text-white\">2020<\/span><\/p>\n                                                                                                                                        <p class=\"tw-text-text-dark tw-mb-0\">Status: <span class=\"tw-text-white\">Complete<\/span><\/p>\n                                                                                                                                <\/div>\n                                                                            <\/div>\n                                <\/div>\n                                                                                            <div class=\"tw-mb-4 sm:tw-w-1\/2 md:tw-w-1\/3 lg:tw-w-1\/4 2xl:tw-w-1\/5 sm:tw-px-4 tw-w-full\">\n                                    <div class=\"tw-flex-1 tw-flex tw-flex-col tw-w-full tw-h-full\">\n                                        <div class=\"tw-flex tw-flex-col tw-p-8 tw-bg-green sr-target-item\">\n                                            <p class=\"tw-flex-1 tw-mb-6 tw-font-heading tw-text-white tw-text-lg tw-leading-tight\">Map current sourcing profile in Paraguay and Uruguay  <\/p>\n\n                                            <div class=\"tw-flex tw-items-center tw-mb-8\">\n                                                                                                                                                    <p class=\"tw-px-4 tw-font-heading tw-text-5xl tw-text-green\">60%<\/p>\n                                                                                                                                            <\/div>\n\n                                                                                            <p class=\"tw-text-text-dark tw-mb-0\">Completion: <span class=\"tw-text-white\">2020<\/span><\/p>\n                                                                                                                                        <p class=\"tw-text-text-dark tw-mb-0\">Status: <span class=\"tw-text-white\">Complete<\/span><\/p>\n                                                                                                                                <\/div>\n                                                                            <\/div>\n                                <\/div>\n                                                                        <\/div>\n\n                <\/div>\n                            <div class=\"tw-py-4 md:tw-py-8\">\n\n                    <div class=\"tw-w-full tw-mx-auto md:tw-w-11\/12\">\n                        <div class=\"tw-w-full tw-mb-8 md:tw-w-1\/2\">\n                            <div class=\"tw-w-full xl:tw-w-4\/5\">\n                                <div class=\"tw-inline-block tw-h-1 tw-w-20 tw-mb-4 tw-bg-green\"><\/div>\n                                <p class=\"tw-text-4xl tw-leading-tight tw-font-heading tw-text-text-dark\">Amended Target<\/p>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n\n                    <!-- Targets using flexbox -->\n                    <div class=\"tw-flex tw-flex-wrap md:tw--mx-4\">\n                                                                                                                    <div class=\"tw-mb-4 sm:tw-w-1\/2 md:tw-w-1\/3 lg:tw-w-1\/4 2xl:tw-w-1\/5 sm:tw-px-4 tw-w-full\">\n                                    <div class=\"tw-flex-1 tw-flex tw-flex-col tw-w-full tw-h-full\">\n                                        <div class=\"tw-flex tw-flex-col tw-p-8 tw-bg-blue sr-target-item\">\n                                            <p class=\"tw-flex-1 tw-mb-6 tw-font-heading tw-text-white tw-text-lg tw-leading-tight\">Expand preferential financing program in Brazil\u2019s Cerrado &amp; Argentina\u00b4s Gran Chaco biomes  <\/p>\n\n                                            <div class=\"tw-flex tw-items-center tw-mb-8\">\n                                                                                                    <div class=\"tw-border-b-4 tw-border-white tw-inline-block tw-pb-4\">\n                                                        <img decoding=\"async\" src=\"https:\/\/www.ldc.com\/br\/wp-content\/uploads\/sites\/3\/2024\/04\/soy-target-icon.svg\" alt=\"\">\n                                                    <\/div>\n                                                                                                                                                                                            <\/div>\n\n                                                                                            <p class=\"tw-text-white tw-mb-0\">Completion: <span class=\"tw-text-green\">2020-2025 <\/span><\/p>\n                                                                                                                                        <p class=\"tw-text-white tw-mb-0\">Status: <span class=\"tw-text-green\">In Progress<\/span><\/p>\n                                                                                                                                <\/div>\n                                                                            <\/div>\n                                <\/div>\n                                                                        <\/div>\n\n                <\/div>\n                        <\/div>\n<\/section>\n\n\n\n<section class=\"tw-bg-text-dark tw-py-8 lg:tw-py-16 \">\n    <div class=\"tw-container\">\n        <div class=\"tw-flex tw-flex-wrap md:tw--mx-8\">\n            <div class=\"tw-w-full md:tw-w-1\/4 md:tw-px-8\">\n                <p class=\"tw-font-heading tw-leading-tight tw-text-green tw-text-4xl tw-mb-8 md:tw-mb-0\">\n                    You may also be interested in<\/p>\n            <\/div>\n            <div class=\"tw-w-full md:tw-w-3\/4 md:tw-px-8\">\n                                    <div class=\"related-items-full-width-carousel\">\n                        \n                            \n                            <div\n                                class=\"related-items-full-width-carousel__item tw-flex tw-flex-col tw-overflow-visible tw-w-full tw-h-full md:tw-w-1\/2 lg:tw-w-2\/5 tw-px-3\">\n                                                                <div\n                                    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