Amatheon Agri Holding N.V.
Climate Impact & Sustainability Data (2012)
Reporting Period: 2012
Environmental Metrics
ESG Focus Areas
- Poverty Alleviation
- Health
- Education
- Environment
- Human Rights
- Sustainable Development
Environmental Achievements
- Established a Corporate Water Resources Measurement System to ensure sustainable water usage.
- Initiated a trial of Eucalyptus tree varieties.
Social Achievements
- Established the Amatheon Agri Extension Programme to empower farmers through training and market access.
- Provided a retail shop for quality inputs at a fair price.
- Implemented an HIV/AIDS prevention program at the workplace.
- Implemented a Malaria prevention workplace program.
- Provided electrification to the Big Concession Basic School, enabling adult education classes.
- Employed 32 FTE on average, with 28 FTE in Zambia and 4 FTE in Germany. Additionally, up to 350 seasonal workers were employed.
Governance Achievements
- Amatheon respects the Principles for Responsible Agricultural Investment and has established various Corporate Social Responsibility projects in close cooperation with local government and the communities.
Climate Goals & Targets
Long-term Goals:
- Become a leading agri and food company in the African market.
Medium-term Goals:
- Geographical expansion in Sub-Saharan Africa.
- Vertical integration of arable land into Zambia’s value chain.
Short-term Goals:
- Expand the Amatheon Agri Extension Programme.
- Expand the first farm with the first pivots under irrigation.
Environmental Challenges
- Foreign exchange risk
- Price risk
- Liquidity risk
- Agricultural risk (environmental and climatic change, crop failure, animal conflicts, livestock disease)
- Legal, economic, and political risks in Zambia
- Poverty and hunger in Sub-Saharan Africa
- HIV/AIDS epidemic in Zambia
- Low literacy rates in the operating region
- Inadequate water resource management
Mitigation Strategies
- Holding foreign currency bank accounts as a natural hedge against foreign exchange risk.
- Continuous evaluation of markets and prices.
- Cash flow forecasting and rolling liquidity forecasts.
- Issuance of EUR 50 million unsecured bearer bond notes.
- Environmental policies and procedures to comply with environmental laws.
- Crop insurance and hedging (planned for the future).
- Continuous monitoring of legal, economic, and political risks with support from German governmental institutions and international organizations.
- Establishment of insurance for legal, economic, and political risks (intended).
- Amatheon Agri Extension Programme to improve farmer livelihoods and reduce poverty.
- HIV/AIDS and Malaria prevention programs.
- Electrification of the Big Concession Basic School.
- Corporate Water Resources Measurement System.
Supply Chain Management
Responsible Procurement
- Sourcing maize from local farmers.
Climate-Related Risks & Opportunities
Physical Risks
- Droughts
- Environmental and climatic change
Reporting Standards
Frameworks Used: OECD Guidelines for Multinational Companies, UN Global Compact
UN Sustainable Development Goals
- Goal 1: No Poverty
- Goal 3: Good Health and Well-being
- Goal 4: Quality Education
- Goal 13: Climate Action
Amatheon's initiatives contribute to these goals through poverty alleviation, health programs, education initiatives, and sustainable water management.