Private sector investment in the production and processing of agricultural commodities is booming, driven by increasing demand for food, materials, cosmetics and biofuels.
The growth in agricultural investment holds great potential for tackling poverty and supporting socio-economic development.
Nonetheless, there can often be harmful social or environmental impacts associated with commercial agriculture, including ‘land grabbing’, environmental degradation and harmful working practices. Management of these issues is often compounded by long and complex supply chains. Today, the effective management of these diverse social, environmental or ethical risks is critical to business success.
Kumi’s services enable the practical implementation of responsible sourcing standards into commercial agricultural investment, production and sourcing activities.
Responsible sourcing strategy.
Strategic partnership and collaboration initiatives for due diligence.
Development of policies and standards.
Environmental, Social and Governance (ESG) performance improvement.
Health, Safety, Environment and Community (HSEC) management systems.
Due diligence assessments of suppliers or investees.
OECD Alignment Assessment of companies and industry programmes.
Performance benchmarking for agribusiness producers (e.g. IFC Performance Standards, Equator Principles).