AgroAmerica ranks among world’s top 5 most transparent companies and reaches 92% of PRI expectations score
AgroAmerica ranked in the top 5 out of 100 tropical oil producers, processors, and traders on the public disclosure of their policies, operations, and commitments to Environmental, Social, and Governance (ESG) best practice, in the results published by the renowned Sustainability Policy Transparency Toolkit – SPOTT- www.spott.org
At the same time, AgroAmerica also achieved 92% of the last PRI expectations score, generated by the Zoological Society of London (ZSL) from a subset of SPOTT indicators to assess companies against the PRI “Investor Expectations on Sustainable Tropical Oil”.
As part of the PRI-coordinated engagement on Sustainable Tropical Oil, more than 62 investment organizations with approximately US$8 trillion in assets under management endorsed a statement laying out their expectations of companies operating across the tropical oil value chain and highlighting their continued support for a sustainable tropical oil industry. Investors can use this to assess companies against the expectations set out in the Investor Expectation Statement on Sustainable tropical Oil.
Fernando Bolaños, CEO of AgroAmerica, said: “This is the fourth year that AgroAmerica participates in this initiative, the result is only a reflection of the great effort made by our employees to guarantee good practices, transparency, and sustainability. AgroAmerica is and will continue to be an agent of change through sustainable production for the regeneration and restoration of our planet and the well-being of its people”.
AgroAmérica is a family-owned company, headed by the second generation of leaders in the business. It is a competitively positioned, diversified and vertically integrated organization in the sector of agricultural production, agro-industrial processing, commercialization and distribution of sustainable tropical oils, bananas and food ingredients of the highest quality.
SPOTT – Sustainability Policy Transparency Toolkit – is a free, online platform supporting sustainable commodity production and trade. By tracking transparency, SPOTT incentivises the implementation of corporate best practice. SPOTT assesses commodity producers, processors and traders on their public disclosure regarding their organisation, policies and practices related to environmental, social and governance (ESG) issues.