Credit Trading

Bonsucro Credits are the straightforward way for companies to support sustainable sugarcane producers around the globe.
As of the 28th October 2019 all credit trading must be through Bonsucro’s Credit Trading Platform, an innovative tool that connects buyers and producers to scale up impact through sustainable sugarcane trade.
Please refer to the latest Ts & Cs on the trading website

Bonsucro Credit Trading Platform Website

What are Bonsucro Credits?

A Bonsucro Credit is proof that a unit of sugarcane, raw sugar, ethanol or molasses has been sustainably produced to Bonsucro’s Production Standard.

Bonsucro Credits…

…REWARD PRODUCERS

Certified mills and farms that have been through the Bonsucro certification process are rewarded for their commitment to sustainability

…DRIVE IMPACT

A portion of fees from Credit sales are invested directly in local impact initiatives for other farms and mills to adopt more sustainable practices

…FACILITATE BUYING

Credits support buyers to achieve their sustainable procurement targets.

There are four types of Bonsucro Credits:

Sugarcane Credits

Raw Sugar Credits

Molasses Credits

Ethanol Credits


Bonsucro Credit Trading Platform

Powering Sustainable Sugarcane Through Credit Trading

Bonsucro’s Credit Trading Platform is a revolutionary tool that connects buyers and producers, accelerating transformation of the sugarcane sector through sustainable trade.

Its automatic price-matching mechanism allows a global network of businesses to buy and sell Bonsucro Credits – which are proof that a unit of sugarcane, raw sugar, ethanol or molasses has been sustainably produced to Bonsucro’s Production Standard.

Key Features:

  • Online platform
  • Free to use for Bonsucro members
  • Automatic matching of bids and offers based on price
  • Global network of buyers and certified producers
  • Transparency: See average Credit price & latest trades
  • Built-in redeem claim function for buyers
  • Off-market deal function

The Bonsucro Credit Trading Platform is live – access it here.

To find out more about Bonsucro Credits or the Credit Trading Platform, contact Bonsucro.

 

Bonsucro & Renovabio: Exploring synergies and advancing GHG reduction in Brazil

Project partners: Earth innovation Institute and Agroicone
Project length: 12 months Budget: $22,347,79
Supporting the Sustainable Development Goals:

RenovaBio is a Brazilian biofuel policy designed to decrease Brazil’s greenhouse gas emissions by 10% by 2029 [compared to 2018], in line with the Paris Agreement on climate change. It aims to do this by incentivising fuel distributors to blend more biofuels into their products. RenovaBio has established a certification scheme for biofuel, towards which Brazilian sugarcane mills are working, that will enable them to trade decarbonisation credits on the Brazilian stock exchange.

Bonsucro continuously seeks to grow awareness and adoption of its standard. In Brazil, this can be achieved by aligning its framework with RenovaBio to optimise costs and time for mills. In 2019, Bonsucro received a grant of US $22,000 from the Earth Innovation Institute to provide a common understanding of how RenovaBio works and how other regions might benefit from this approach.

Bonsucro addressed the topic at Bonsucro Global Week in Bangkok in March 2019, and through three stakeholder forums in Brazil. The Bonsucro team also commissioned a technical comparison study, which enabled the organisation to understand how best to align with RenovaBio’s requirements.

The study has been shared with key stakeholders in Brazil and the project is now complete. Bonsucro is working to incorporate the study’s findings and recommendations through its ongoing Production Standard Revision process.

By aligning opportunities of optimisation, joint work and integration with the Brazilian Government and reflecting it in the Bonsucro Standard, Bonsucro can help to ensure that more producers adopt sustainability standards like Bonsucro.