Mario Lindenhayn, CEO and Chairman of the Board of Directors of BP Bunge Bioenergia, participated on Friday, the 20th, in the panel “Perspectives for Bioenergy in Brazil” during the “Global Carbon Market” congress. The event addressed corporate strategies for a low carbon economy and Brazil’s role in the global energy transition.
During the presentation, the executive highlighted the contribution of ethanol to a low-carbon energy system. “We have in our hands a product with high added value, which competes on an equal footing with gasoline, and has a unique scale in Brazil. We are showing the world how our biofuel can be used on a large scale to reduce greenhouse gas emissions. It is a contribution that goes beyond Brazilian borders”.
In the search for the decarbonization of the economy, the Brazilian sugar-energy sector has a prominent position. Ethanol and electricity from sugarcane biomass represent 17% of the country’s energy matrix. And it is in this context of valuing the energy transition that BP Bunge Bioenergia, one of the largest sugarcane processors in Brazil, is inserted.
The company’s value is to be a world reference in sustainable energy. All 11 agro-industrial units are certified by RenovaBio and, together, generated more than 1 million Cbios in the 2020/2021 harvest. BP Bunge also has the “Our Commitments 2030” agenda, which brings goals in line with the company’s business strategy and the United Nations’ Sustainable Development Goals. A 10% reduction in greenhouse gas emissions from ethanol production is among the company’s goals for the decade.