Annual Report Year: 2023

About EXPORT TRADING CO. LTD &Green is partnering with ETG to support the transition of the cocoa sector into deforestation-free and inclusive supply chains. ETG is committed to sourcing cocoa from traceable and NDPE-compliant supply chains in Ivory Coast by 2025. This will be achieved by implementing a landscape-based supply chain management approach to drive [...] Read more »

Forest and Biodiversity Framework To ensure and demonstrate that our investments lead to measurable net positive forest and biodiversity outcomes over time, &Green uses its proprietary Forest & Biodiversity Framework (The F&B Framework). The F&B Framework embeds the IFC Performance Standard 6 – which covers how biodiversity should not be negatively impacted by investments – [...] Read more »

TROPICAL GEOGRAPHIESCOMMODITY VALUE CHAINSPRIVATE SECTOR ACTORSINNOVATORSBLUEPRINTS&GREEN TRANSACTIONSSECTOR IMPACTSCALABLE IMPACTTROPICAL GEOGRAPHIES TROPICAL REGIONS WITH HIGH RISK OF DEFORESTATION a. Production of important commodities in tropical forest geographies – palm oil, soy, cattle, rubber for example – is often extractive and leads to deforestation. Tropical deforestation is responsible for 20-25% of global emissions, and results in major biodiversity [...] Read more »

About FS FS is the first Brazilian plant to produce ethanol exclusively from corn. In addition to ethanol, FS also uses cutting edge technology to manufacture animal nutrition, corn oil and electricity products. In May 2022, &Green and FS concluded an 8-year loan of USD 30 Million to support the company improve the traceability of [...] Read more »

About MERCON Mercon Coffee Group is a vertically integrated, global coffee supplier committed to delivering high-quality coffee while promoting sustainable livelihoods in coffee-growing communities. &Green supports Mercon Coffee Group with an 8-year, USD 20 Million credit facility to promote forest protection in sustainable coffee supply chains. This initiative aims to enhance livelihood opportunities for smallholder [...] Read more »

A YEAR OF GROUNDWORK 2023 lay the groundwork for future scaling. Our work in building fundament protocols and the right structure for scale is not particularly rewarding in the short-term but we do think we are setting up &Green for scale and long-term success. In 2023, the &Green Fund doubled its raised capital with a [...] Read more »

OUR INVESTMENTS With one new investment made in 2023, the &Green portfolio now comprises eight transactions: ETG View Transaction Transitioning the cocoa sector into a deforestation-free and inclusive supply chain. Country Ivory Coast Supply chain Cocoa FS View Transaction The first Brazilian corn ethanol producer with zero-deforestation commitment. Country Brazil (Mato Grosso) Supply chain Grains [...] Read more »

WHERE we invest Our focus sectors, Geographies & Borrowers &Green's target global sectors are linked to land degradation and deforestation. Sectors include agriculture (palm oil, soy, coffee, cocoa among others), cattle/dairy, and plantation forestry (such as rubber). CATTLE PALM RUBBER SOY FORESTRY COFFEE We concentrate in selected geographies where globally significant commodity value chains are [...] Read more »

About PT HILTON DUTA LESTARI PT Hilton Duta Lestari (HDL) is an ambitious palm oil venture in the northern part of West Kalimantan, Indonesia. HDL owns and manages two adjacent blocks, which include 5,388 hectares of mature palm oil plantation. In 2022, &Green and HDL concluded a USD 12 Million, 8-year senior secured loan. Supported [...] Read more »

About HSJ Hacienda San Jose (HSJ) is an innovative cattle business that cultivates and disseminates superior genetics and beef production in the Vichada region, located in the eastern Colombian plains. On 31 December 2021, &Green and HSJ concluded a COP 30 Billion (approximately USD 7.7 million at the time of execution) 12-year long-term senior secured [...] Read more »

About Marfrig Marfrig Global Foods S.A. (Marfrig) is a Brazilian multinational corporation in the animal protein industry. It procures cattle from approximately 30,000 direct suppliers and up to 90,000 indirect suppliers, primarily operating in the Amazon and Cerrado biomes. &Green’s financing will support Marfrig implement a comprehensive no- deforestation throughout its supply chain in the [...] 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 »

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 »