PROJECT

Projects

Environmental & Social Review Summary

Project Number

51283

Company Name

Camposol S.A.

Date ESRS Disclosed

Oct 20, 2025

Country

Peru

Region

Latin America and the Caribbean

Last Updated Date

Dec 19, 2025

Environmental Category

B - Limited

Status

Active

Previous Events

Approved : Nov 24, 2025
Signed : Dec 4, 2025
Invested : Dec 15, 2025

Sector

Fruits and Vegetables

Industry

Agribusiness and Forestry

Department

Regional Industry MAS LAC & EUR

Project Description

Camposol S.A. (“Camposol” or the “Company”) is a leading Peruvian multinational agribusiness company specializing in the production of high-quality fresh fruit. The Company has operations in Peru, Colombia, Uruguay, and Chile, and manages a vertically integrated business model that enables quality assurance across the entire supply chain (https://camposol.com).

The proposed investment consists of: (i) a US$64 million IFC A Loan; (ii) a US$36 million MCPP Trust Loan; and (iii) a US$40 million B Loan. IFC’s financing will support Camposol’s agricultural operations in La Libertad, Peru, through a capital expenditure program and associated working capital aimed at the gradual replacement of Biloxy blueberry varieties across the Agromas, Aeropuerto, Mar Verde, Gloria, Oro Azul, Valle Perdido, 74A, Yakuyminka, Sincromax, San José, and Agricultor farms. These farms currently represent approximately 50% of the total planted area. IFC’s proceeds will not be used for any expansion of the Project’s physical footprint and are limited to the replacement of existing blueberry varieties with Camposol’s proprietary genetics (the “Project”).

Overview of IFC's Scope of Review

IFC’s Environmental and Social (E&S) review of the proposed investment included a site visit conducted in September 2025, which covered several of Camposol’s farms in La Libertad, Peru. The review also comprised: (i) meetings with Camposol’s management team, including representatives from Sustainability, Occupational Health and Safety (OHS), Human Resources (HR), and Compliance; (ii) a meeting with representatives from the Pressurized Irrigation Board of the Chavimochic Canal; (iii) a review of key E&S documents, such as the 2023–2024 Sustainability Report, E&S studies, Environmental and Social Management and Monitoring Plans (ESMPs), and operational permits for agricultural activities; (iv) an assessment of OHS, Emergency Preparedness and Response (EPR), and HR policies and procedures; (v) review of water management plans and procedures; (vi) solid waste and pesticide management plans; (vii) verification of certifications and audit schemes, including SMETA, GRASP, and the Rainforest Alliance; (viii) Review of Camposol’s Code of Conduct, Worker Grievance Mechanism, and policies for monitoring and preventing sexual exploitation, abuse, and harassment (SEAH); (ix) examination of employee contracts and payroll documentation; and (x) analysis of operational data on agricultural activities, including planting, harvesting, energy generation, water use, and pollution prevention measures.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Broad Community Support

Environmental & Social Action Plan