Environmental, Social and Governance

ESG issues are critical considerations both pre-and post-investment. AMERRA has established an ESG Policy that defines a set of principles, procedures and objectives with respect to environmentally and socially responsible investing.


Our ESG Policy and Management System defines a set of principles, procedures, and objectives that ensure we are investing responsibly. From sourcing to exit, all opportunities are analyzed following the IFC Performance Standards.

Desk review process to identify key risks, impacts and opportunities and potential conflicts to AMERRA’s ESG Policy.
Due Diligence and Engagement
AMERRA establishes close connections with clients to review and assess their operations from an ESG perspective. The appraisal includes context/sector specific questionnaires, documentation requests, site visits, conversations with management, and engagement of external advisors. ESG Action Plans are created to promote change and best practices.
Investment Decision
The results of the ESG appraisal are formally documented and included in the investment proposal to enable the Investment Committee (IC) to make an informed investment decision that takes ESG factors into account.
Engage with prospective buyers on ESG by preparing relevant documentation and evidence improved ESG performance and improvements.
Monitoring and Reporting
ESG performance is evaluated and monitored on a continuous basis, including status and the implementation of the ESG Action Plans.
Investment Agreement
Ensure agreements contain appropriate ESG representations, warranties, and covenants requiring that the investments are in compliance with local environmental, health, safety, and social requirements. ESG Action plans are included and formalized in the agreements.
Case Studies
Circular Economy
Private Equity

Biomega’s business model is deeply engrained within the concept of circularity. By challenging the traditional take-make-dispose extractive model, Biomega’s impact centers around transforming undervalued raw material from the salmon industry into premium food and pet food ingredients through an accelerated biorefining process. Since 2016, ~200,000 tons of salmon offcuts have been pulled from traditional waste streams and introduced into Biomega’s biorefineries.

Key developments since AMERRA’s acquisition in 2017 have allowed Biomega to release its full growth potential. Today, the company is expanding its manufacturing plant in Skaganeset, Norway, and constructing a new state-of-the-art biorefinery in Hirtshals, Denmark, focused on human nutrition. The latter was financed by AMERRA, alongside Natixis Investment Managers affiliated asset manager Mirova Natural Capital, and several members of the management team, including the original founders of Biomega.

In 2020, Biomega processed over 42k MT of undervalued raw salmon trimmings and produced 12.2k MT of fish oil at its closed loop biorefinery in Skaganeset, Norway.

In 2020, Biomega processed over 42k MT of undervalued raw salmon trimmings and produced 12.2k MT of fish oil at its closed loop biorefinery in Skaganeset, Norway.

Rio Amambai Agroenergia
Sugar / Ethanol
Special Situations

Rio Amambaí Agroenergia (“RAA”) is a company that operates a three million metric ton crushing capacity sugar mill located in the southeast of Mato Grosso do Sul, Brazil. Founded in 2016 by AMERRA and CarVal, the plant was brought to life again after being paralyzed due to financial problems experienced by previous owners. Since then, the investment team has focused on renovating the industrial plant and sugarcane fields, consolidating new planting areas, and reinvigorating the economy of Navirai by engaging with neighboring communities and creating more than 1,100 jobs. AMERRA became the sole owner in 2017.

In 2020/21 crop season, RAA expects to crush 2.4 million metric tons of cane – a figure that represents a 37% y-o-y growth and highlights AMERRA’s hands-on approach to leadership, efficiency, and best agricultural and governance practices.

In 2021, RAA announced the issuance of a green bond in accordance with the bioenergy criteria of the Green Bond Principals.
R$ 60m

In 2021, RAA announced the issuance of a green bond in accordance with the bioenergy criteria of the Green Bond Principals.

Fairr A Coller Initiative
Global network of investors addressing ESG issues in protein supply chains

AMERRA Cares! is our internal program through which we partner with non-profit organizations and local initiatives that work in the agriculture and food sector. Our purpose is to have a positive impact on the local communities where we and our portfolio companies operate, by promoting positive change and contributing to their holistic development.

Seeds for Progress Virtual Gala

Seeds for Progress Virtual Gala

A decade-long contributor to the Seeds for Progress Foundation and annual sponsor of the New York Gala since 2018, AMERRA was proud to sponsor the Seeds for Progress Virtual Gala in November 2021. In addition to our corporate sponsorship, the AMERRA team members donated a total of $14,000.  Proceeds will support coffee-growing communities in Nicaragua and Guatemala, providing access to education for children and young people living in these rural communities. If you would like to learn more please visit www.seedsforprogress.org

Donation Drive for Hurricane Dorian Relief in the Bahamas

Donation Drive for Hurricane Dorian Relief in the Bahamas

Conducted in (September 2019) this was the first impact program initiative, organized by AMERRA Cares!  With participation from the AMERRA staff, AMERRA Cares! contributed to a shipment of 66,000 lbs. of safety and hygiene items organized by the Bahamian Consulate. 

In conjunction with the clothing drive, AMERRA staff contributed funds and participated in blood drives to show support and solidarity with the victims of Hurricane Dorian.

Holiday Toy Drive

Holiday Toy Drive

AMERRA Cares! partnered with the Coalition for the Homeless’ Holiday Toy Drive in New York City. The drive ran from November through mid-December 2019. With the participation of the AMERRA staff and several donations, we successfully contributed to making the holiday a little brighter for those who deserve it the most, children.  

Seeds for Progress: Cultivating Lives Through Education

Seeds for Progress: Cultivating Lives Through Education

The Seeds for Progress Foundation improves access to high-quality education, a basic human right that contributes to social development and sustainable economic growth by creating opportunities to advance the quality of life for students, teachers and their families in the rural communities of Nicaragua’s coffee-growing regions.

AMERRA has worked with the Seeds For Progress Foundation since 2013 to improve the overall conditions of the Aguas Amarillas School in Nicaragua. The support has resulted in new classrooms, water system, technology classroom, school safety and the Digital Seeds Program.

Children attending
the school
Enrollment increase in the school over the past 3 years
Retention rate of students, even during harvest season
of AMERRA’s employees have volunteered
$500k +
AMERRA’s investment in school