MGI becomes first Bangladeshi company to adopt Sustainable US Soy label
With a soybean crushing capacity of 7,500 tonnes per day, MGI’s adoption of the label is expected to impact the local edible oil, animal feed, and food sectors, where demand for traceable and sustainably sourced raw materials is rising
Meghna Group of Industries (MGI), the largest importer of US soybeans in Bangladesh, has become the first company in the country to adopt the Sustainable US Soy (SUSS) label.
This development marks a significant step in the company's efforts to integrate sustainable agricultural sourcing into its operations.
The SUSS label will now feature on MGI's product packaging, positioning the conglomerate among only 20 companies across South Asia to formally adopt the certification.
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With a soybean crushing capacity of 7,500 tonnes per day, MGI's adoption of the label is expected to impact the local edible oil, animal feed, and food sectors, where demand for traceable and sustainably sourced raw materials is currently on the rise.
MGI Director Tanzima Mostafa described the move as a central component of the group's long-term strategy, noting that the label provides customers with verified assurance that products are sourced through transparent and responsible agricultural practices, aligning corporate investment with a sustainable future.
The SUSS label is supported by the US Soy Sustainability Assurance Protocol, a verification system that evaluates indicators such as soil conservation, water management, air quality, and land use.
The protocol allows companies to demonstrate environmental compliance and traceability throughout their supply chains.
Kevin Roepke, executive director of the US Soybean Export Council, commended MGI's decision, stating that the company's leadership in adopting the programme demonstrates meaningful action in a country highly vulnerable to the impacts of climate change.
Bangladesh has become an increasingly significant market for US soybean exports. According to the United States Department of Agriculture Foreign Agricultural Service, the country imported 1.13 million tonnes of soybeans from the US during the 2025-26 marketing year.
MGI accounts for more than half of that import volume.
This adoption follows commitments made last year, when MGI and other Bangladeshi stakeholders signed letters of intent to increase US soybean purchases to $1.25 billion.
