Sustainability

BMV Tunde Limited ESG Policy:

Empowering Sustainable Cocoa Production in Nigeria

At BMV Tunde Limited, we are deeply committed to advancing sustainable cocoa production practices that foster economic growth, environmental stewardship, and social well-being. As a leading agro-commodity and export company in Nigeria, we understand the critical role that sustainability plays in ensuring the long-term viability of cocoa farming while meeting the increasing global demand for ethically sourced products.

Our Commitment to Sustainability

We believe that sustainable agriculture is a cornerstone of resilience for our farmers, their communities, and the ecosystems they depend on. To uphold our Environmental, Social, and Governance (ESG) values, we have developed a holistic sustainability program centered on these pillars:

Key Areas of Focus

  1. Farmer Training and Capacity Building

    • Regular workshops and hands-on training sessions on best practices in cocoa cultivation, farm management, and sustainable agriculture.
    • Education on financial literacy and market access to empower farmers with the tools to optimize their operations and increase profitability.

  2. Sustainable Agriculture Practices

    • Promotion of shade-grown cocoa techniques to protect biodiversity and improve crop quality.
    • Introduction of organic farming practices and natural pest management methods to minimize chemical dependency and promote soil health.
    • Encouragement of crop diversification to enhance resilience against market fluctuations and climate impacts.

  3. Child Labor Prevention

    • Strict adherence to international labor laws to eliminate child labor from our supply chain.
    • Collaboration with community leaders and local organizations to create educational opportunities for children.
    • Monitoring and enforcement measures to ensure compliance with ethical labor practices.

  4. Environmental Conservation

    • Active reforestation initiatives to restore degraded lands and mitigate the impact of deforestation.
    • Soil conservation techniques, including contour farming and agroforestry, to enhance land productivity.
    • Water conservation programs to optimize irrigation and protect water resources in farming communities.

  5. Fair Labor and Economic Empowerment

    • Transparent and competitive pricing models to ensure farmers receive fair compensation for their cocoa beans.
    • Advocacy for safe working conditions and access to health, education, and other social benefits for farming families.

Our Impact

Through our concerted efforts, we have achieved tangible progress in fostering a more sustainable cocoa industry in Nigeria:

  • Higher Yields and Incomes
    Farmers in our network have experienced significant improvements in cocoa yields, directly translating to increased household incomes and financial stability.

  • Strengthened Farming Practices
    Our training programs have equipped farmers with the skills to adopt modern, efficient, and eco-friendly farming methods, enhancing productivity and sustainability.

  • Environmental Restoration
    Reforestation projects and sustainable land use practices have contributed to mitigating deforestation, preserving biodiversity, and improving soil fertility across cocoa-growing regions.

  • Improved Community Well-being
    By eliminating child labor and ensuring fair wages, we have empowered communities to invest in education, health, and infrastructure, fostering long-term social development.

Our Vision for the Future

At BMV Tunde Limited, we envision a future where Nigerian cocoa farmers thrive in harmony with nature, producing premium-quality cocoa sustainably and ethically. By continually evolving our ESG strategies, we aim to lead the transformation of the cocoa supply chain, ensuring it remains a force for good in the global marketplace.

Our unwavering dedication to sustainability is not only essential for the prosperity of our farmers and communities but also vital for the long-term success of our business. Together, we can build a legacy of responsible cocoa production that benefits people, the planet, and future generations.

Conclusion

At BMV Tunde Limited, we are committed to supporting sustainable cocoa production in Nigeria. Our sustainability program is designed to empower our farmers to meet global sustainability standards while improving their livelihoods and reducing their environmental impact. We believe that sustainable cocoa production is essential for our business’s long-term viability and our stakeholders’ well-being.