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.

The AMERRA ESG Path

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.

1
Screening
Desk review process to identify key risks, impacts and opportunities and potential conflicts to AMERRA’s ESG Policy.
2
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.
3
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.
6
Exit
Engage with prospective buyers on ESG by preparing relevant documentation and evidence improved ESG performance and improvements.
5
Monitoring and Reporting
ESG performance is evaluated and monitored on a continuous basis, including status and the implementation of the ESG Action Plans.
4
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.
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Case Studies
Biomega
Circular Economy
Private Equity

Biomega’s business model is deeply ingrained within the concept of circularity. By challenging the traditional take-make-dispose extractive model, Biomega’s impact comes from the transformation of undervalued raw material from the salmon industry into premium food and pet food ingredients through an accelerated biorefining process. Since 2016, more than 100,000 tons of salmon processing by-products have been pulled out from traditional waste streams and introduced into Biomega’s biorefineries.

AMERRA’s acquisition in 2017 has allowed Biomega to release its full growth potential. Today, the company aims to increase the number of production facilities by entering into strategic partnerships with raw material providers of salmon, cod, pelagic and mesopelagic, as well as chicken and other types of poultry.

Tons of salmon offcuts were used as raw materials in Biomega’s biorefineries in 2018
37,271

Tons of salmon offcuts were used as raw materials in Biomega’s biorefineries in 2018

Pipeline Foods
Organic, Non-GMO and
Regenerative Agriculture
Private Equity

Pipeline Foods is a premier supply chain manager for organic and non-GMO specialty grains, oilseeds, and food ingredients. With strong values around sustainability, integrity and collaboration, Pipeline Foods’ vision is to accelerate the availability of healthy organic, non-GMO and regeneratively grown food through the development of a transparent supply chain and long-term relationships with its stakeholders. Since the investment was made in 2017, AMERRA has actively supported Pipeline Foods’ Sustainability Team on a wide variety of activities that resulted in the creation of its Impact Program. To learn more about Pipeline Foods Impact Program please visit: https://www.pipelinefoods.com/impact

Environmental, Social and Economic issues prioritized in materiality assessment conducted in 2018
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Environmental, Social and Economic issues prioritized in materiality assessment conducted in 2018

Memberships
Finance UNEP Initiative
Partnership between UNEP and the global financial sector to mobilize private sector finance for sustainable development
Fairr A Coller Initiative
Global network of investors addressing ESG issues in protein supply chains
Amerra
Cares!

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.

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.

300+
Children attending
the school
9
Communities
benefited
10%
Enrollment increase in the school over the past 3 years
95%
Retention rate of students, even during harvest season
50%
of AMERRA’s employees have volunteered
$500k +
AMERRA’s investment in school