Company name
Marfrig Global Foods
Project number
13032-02
Category A projects could result in potentially significant environmental and/or social risks and impacts, which are diverse, irreversible, or unprecedented that may extend beyond the boundaries of the actual project site or facilities. In principle, Category A includes projects which have significant impacts on protected or sensitive areas21 and/ or vulnerable groups.
E&S category
A
Country
Brazil
Sector
Agribusiness
Status
Inactive
Disclosed date
04/26/2021
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
05/04/2022
Approval date
N/A
Signed date
N/A
Sponsoring entity
Marfrig Global Foods
Investment Operations Department Contact
Portfolio Management Division
Investment type
Syndicated amount
USD $ 157,000,000
Financing amount
USD $ 43,000,000
Currency
USD
Project scope and objective
The main objective of the Project consists of supporting Marfrig’s environmental and social initiatives connected to its E&S-focused plan, “Plano Verde+”, aimed at accelerating investments to strengthen the sustainability in the beef supply chain, as well as other projected investments in the South American Operations.
Amedment on July 21, 2021: Hydrological studies are being published.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
paulo.pianez@marfrig.com
PHONE NUMBER
+55 11 99871 9745
POST OFFICE ADDRESS
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesFor inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Early disclosure
For projects with high environmental or social risk an Environmental and Social Strategy (ESS) is prepared early on during the project appraisal and prior to carrying out the environmental and social due diligence (ESDD). The ESS includes the initial E&S risk categorization and a brief description of potential Performance Standards applicable to the project. The ESS for this project is available below. Together with the ESS, IDB Invest also provides access to the client’s preliminary E&S documents that will be reviewed during the ESDD. The client E&S documents for this project can be found under the “CLIENT FILES” section below. Once the environmental and social due diligence is completed, an Environmental and Social Review Summary (ESRS) for the Project will be published on this page.
MARFRIG CLASSIFICATION AND ENVIRONMENTAL AND SOCIAL STRATEGY (ESS) EN
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