Annual Report Year: 2021

About HSJ Hacienda San Jose (HSJ) is an innovative cattle business focused on the cultivation and dissemination of superior genetics and beef production in the Vichada region of the Colombian Eastern plains. On 31 December 2021, &Green and HSJ concluded a COP 30 billion (approx. USD 7,7 million at the time of execution) 12-year long-term [...] Read more »

About Marfrig Marfrig Global Foods S.A. (Marfrig) is a Brazilian multinational corporation and the second largest animal protein provider worldwide, ultimately purchasing cattle from around 30,000 direct suppliers and up to 90,000 indirect suppliers in the Amazon and Cerrado biomes alone. In February 2021, &Green and Marfrig announced the conclusion of a USD ​30 million [...] Read more »

ABOUT RLU &Green’s inaugural investment in early 2019 was to support the Indonesian business PT Royal Lestari Utama (RLU). Established in 2015 as a joint venture between the tire producer Michelin and the Indonesian industrial conglomerate Barito Pacific Group, RLU set out to develop a new model for inclusive and sustainable rubber concessions. The company [...] Read more »

About DSNG &Green’s maiden investment in the palm oil sector was concluded with PT Dharma Satya Nusantara Tbk (DSNG) in April 2020. The investment established a 10-year partnership with a top tier Indonesian palm oil company with a strong commitment to sustainable and inclusive production of palm oil. Anchoring this partnership is DSNG’s public commitment [...] Read more »

OUR INVESTMENTS With two new investments made in 2021, the &Green portfolio now comprises five transactions: 2021 HSJ Scaling-up disruptive business model for the cattle sector in Colombia Country Colombia Supply chain Cattle View Project 2021 Marfrig Global beef processor with no-deforestation commitment in Brazil Country Brazil Supply chain Cattle View Project Roncador Blueprint for [...] Read more »

About RONCADOR &Green announced its first Brazilian and cattle sector transaction in June 2020. Agropecuária Roncador Ltda (Roncador) is a cattle and soy farmer operating on a farm of approximately 150,000 hectares in the State of Mato Grosso in Brazil. &Green has financed Roncador for the upscaling of its sustainable farming system that integrates crops [...] Read more »

DETAILED ECL NUMBERS 2021 USD OPENING ADDITIONAL INVESTMENT INTEREST INCOME INTEREST RECEIVED PROVISION FOR IMPAIRMENT CLOSING MARFRIG +30,000,000  +1,179,166  N/A -176,682 +31,002,484 DSNG +29,849,165 +1,179,166  -1,825,000 +285,969 +30,135,135 RONCADOR +10,100,033 +302,618  -299,097 -15,107 +10,088,447 RLU +23,022,459 +2,171,096 -2,132,812  -2,874,422  +20,186,321 TOTAL +62,971,657 +30,000,000 +5,477,881 -4,256,909 -2,780,242 +91,412,387 Read more »

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