Major global companies are using Bonsucro credit trades to support the production of sustainable sugarcane and advance their sustainable sourcing goals - without physically buying sugar. By purchasing a Bonsucro credit, which is equivalent to one tonne of sugar or ethanol, they also pay a small fee to Bonsucro ($1.30/per credit), half of which is invested directly in on-the-ground initiatives to help farms and mills adopt more sustainable practices. In particular, the funds are directed to Bonsucro’s Accelerator Programmes (see pages 9-11) in Thailand and India, where we are taking action to accelerate progress by reaching more smallholder sugarcane farmers and building their capacity to address key social and environmental challenges.
Members purchase credits from Bonsucro-certified mills or through an intermediary, such as commodity trading specialist ACT commodities or a Bonsucro member trader. In return, companies can promote their involvement with sustainable sugarcane production, helping to enhance their reputation and engage stakeholders with their corporate responsibility commitments. In 2018, global companies including PepsiCo and Shell took advantage of the Bonsucro Credit Trading System to strengthen their sustainable sourcing activities.