PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

603284

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Jul 6, 2020

Country

Viet Nam

Region

East Asia and the Pacific

IFC Approval Date

Aug 13, 2019

Status

Completed

Estimated Total Budget

$2,096,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 23, 2023

Project Estimated Start Date

Jul 1, 2019

Project Estimated End Date

Dec 31, 2021

Project Description

The goal of this project is to support McCormick in building a 100 percent sustainable, traceable, certified, and quality-compliant pepper supply chain in Vietnam. Through the project, IFC-led activities will assist the McCormick’s partner companies in Vietnam in establishing systems, testing and documenting improved production practices, applying integrated pest management (IPM) and tracing these changed patterns to support the certification of pepper farmers as a way for McCormick to reach its goal of building a 100 percent sustainable pepper-supply chain in Vietnam. The partnership with suppliers in Vietnam will benefit smallholder farmers, including women farmers by the end of project implementation through various interventions and key activities described below: (1) Strengthening the capacity of the lead firm’s suppliers; (2) Building the capacity of farmers through training; and (3) Development and Implementation of Supplier Sustainability Matrix (SSM).

Development Results

E&S Risks / Impacts and Mitigation