2023 Agribusiness sustainability report
Since its founding 10 years ago, AGR Partners has been dedicated to providing investors with attractive risk-adjusted returns by partnering with companies that are committed to sustaining the world’s food and agriculture value chain.
ESG plays a role in AGR’s investment process – from assessing sectors and investments to conducting due diligence and building value creation strategies.
In 2022, we achieved several milestones:
- In March, AGR partnered with Prime Time Produce, a leading produce supply chain manager that sustainably grows, packages, ships and markets fresh vegetables.
- In September the team successfully closed on a majority investment in Rembrandt Foods, a leading egg products producer.
- As we were preparing this report, AGR exited our investment in Titan Farms in Q1 2023 via a debt recapitalization led by the family owners. AGR originally invested in Q2 2018 to help strengthen governance and invest in processing capabilities that reduced waste and opened new markets.
This report also features the ESG work of a company AGR partnered with in 2013: Australia-based Ridley, which is founded on recycling and upcycling principles and continues to innovate and improve.
Sustainability remains a focus for AGR and our portfolio companies. We continue to encourage best-practice sharing amongst our partner companies and embrace ESG as a core underwriting criteria as we invest in new opportunities.
Responsible investing incorporates Environmental Social Governance (ESG) factors that may affect exposure to issuers, sectors, industries, limiting the type and number of investment opportunities available, which could result in excluding investments that perform well.