Notice to the Market - & Green


Notice to the Market | &Green


São Paulo, February 24, 2021 - Marfrig Global Foods S.A. (“Marfrig” or “Company” – B3: MRFG3 and Level 1 ADR: MRRTY), one of the world’s leading beef producers and the world’s largest producer of beef patties, hereby informs its shareholders and the market that it has signed a US$30 million financing agreement with the international investment fund &Green, with assistance from IDH.

As condition for financial assistance, &Green requires several commitments from Marfrig: zero deforestation, conservation of forests, recovery or compensation of native vegetation and intensified use of low productivity areas.

&Green requires stringent Environmental, Social and Governance (ESG) criteria to be complied with, and obtaining this financing shows that Marfrig is capable of meeting such rigorous sustainability criteria. 

About IDH

IDH, The Sustainable Trade Initiative, is a social enterprise that works with financiers, governments, businesses and civil society to realize sustainable trade in global value chains.

About &Green

An international evergreen blended finance debt fund launched in July 2017, which invests in commercial projects in agricultural production value chains to protect and restore tropical forests and make agriculture more sustainable and inclusive – involving local communities, producers, financiers, supply chain companies, local and national government and civil society. Some of the main sponsors of the Fund are: Norway’s International Climate and Forest Initiative (NICFI), the Unilever Group and the Global Environment Facility- (GEF).
 

Tang David
Chief Financial and Investor Relations Officer
Marfrig Global Foods S.A.
 
 

IR CONTACTS: 

Phone: +55 (11) 3792-8926 / 7400


 

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