PROJECT

Projects

Environmental & Social Review Summary

Project Number

49912

Company Name

SONOCO SA

Date ESRS Disclosed

Jan 28, 2026

Country

Guinea

Region

Africa

Last Updated Date

Apr 2, 2026

Environmental Category

B - Limited

Status

Pending Disbursement

Previous Events

Approved : Mar 17, 2026
Signed : Mar 28, 2026

Sector

Poultry Farming

Industry

Agribusiness and Forestry

Department

Regional Industry - MAS Africa

Project Description

• The proposed investment is an 8-year IFC A-Loan to Groupe SONOCO, S.A (“SONOCO”, the “Group” or the “Company”) a client based in Conakry, to support a greenfield poultry project in Guinea. The company is a repeat IFC client since 2019 and is a Fast-Moving Consumer Goods (FMCG) player and leader in the wheat milling industry. SONOCO has other subsidiaries and Fermav is the subsidiary dedicated to the integrated poultry farm. The ESRS and ESAP for the original project can be found in https://disclosures.ifc.org/project-detail/ESRS/40276/sonoco.
• IFC’s loan will support an integrated poultry operation consisting in three mains components: (i) the development of poultry facilities in Daboyah (including a breeding facility, several breeding houses and a hatchery with incubators) on the outskirts of Kindia town, (ii) the construction of a slaughterhouse in Massayah, and (iii) the construction of the feed mill in Sanoyah. Construction of all the facilities has commenced with some being nearly completed and others expected by March 2027.

Overview of IFC's Scope of Review

IFC’s Environmental and Social (E&S) review of this proposed investment included (i) a site visit in July and August 2025 of the project locations in Conakry and Kindia; (ii) meetings with SONOCO Group E&S management and its subsidiaries, including SOHA (SONOCOs construction firm) and FERMAV Industries (integrated poultry operations) management, as well as the Group HR manager and 3 representatives of SONOCO’s seasoning (AgroFood Industries or AFI) and flour milling (Les Moulins d’Afrique or LMA) production units; (iii) engagements with SOHA employees and 3 unions representative of the milling plant and seasoning unit/plants located in Sonfonia ; (iv) review of relevant E&S documentation, including the Environmental and Social Impact Assessment‘s (ESIAs) for the feed mill, the slaughterhouse and the poultry operations; SONOCO Group’s corporate human resource manuals and standard operating procedures (SOPs); and the documentation on the sourcing of feed ingredients such as soybeans and maize.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Broad Community Support

Environmental & Social Action Plan