Sucafina Holding S.A.
Status: Approved investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer?
Sucafina is a leading sustainable Farm to Roaster coffee company with a family tradition in commodities that stretches back to 1905. Today, with more than 1,400 employees in 34 countries, they embed technology, innovation, and sustainability throughout the supply chain, creating shared value for all by Investing in Farmers, Caring for People, and Protecting Our Planet.
What is our funding objective?
FMO's objective is to assist Sucafina Brasil in expanding its responsible sourcing program, IMPACT, to reach more smallholder producers in Matas de Minas. There will be a particular focus on labor, human rights, and environmental risk assessment and management coupled with community capacity building related to strong social and environmental practices. Sucafina will pilot the Supply Chain Risk Assessment and Management toolkit, developed by CIAT with FMO's support over the last two years, and will consider adoption in other origins as applicable.
Why do we fund this investment?
This project supports FMO's investment in Sucafina and Sucafina Brasil in growing their direct, traceable, farm-to-roaster sourcing network. FMO's priority SDGs 10 (Reduced Inequalities) and 13 (Climate Action) are directly linked to the project's objectives. For example, this project aims to (i) identify and reduce labor and human rights risks in our customers' supply chains, (ii) increase the earning power of smallholder producers in Brazil, (iii) better position coffee producers in Brazil to comply with EUDR deforestation regulations, and (iv) to identify and reduce environmental risks in our customers’ supply chains.
More investments
| Date | Total FMO financing |
|---|---|
| 11/7/2022 | EUR 0.03 MLN |
| 9/3/2020 | EUR 0.10 MLN |
| 7/10/2020 | USD 17.00 MLN |
| 12/19/2019 | EUR 0.18 MLN |
| 8/24/2022 | EUR 0.06 MLN |
| 4/21/2022 | EUR 0.23 MLN |
| 3/2/2022 | USD 10.00 MLN |
- Country
- Global
- Sector
- Agribusiness, Food & Water
- Publication date
- 1/14/2025
- Effective date
- 12/11/2024
- Total FMO financing
- EUR 0.03 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+