IFC’s appraisal considered the environmental and social management planning process and documentation for the Project and gaps, if any, between these and IFC’s requirements. Where necessary, corrective measures, intended to close these gaps within a reasonable period of time, are summarized in the paragraphs that follow and (if applicable) in an agreed Environmental and Social Action Plan (ESAP). Through implementation of these measures, the Project is expected to be designed and operated in accordance with Performance Standards objectives.
PS1-Assessment and Management of Environmental and Social Risks and Impacts
E&S Policies. Camposol has established an overarching policy framework that reflects its commitment to sustainability, integrity, social responsibility and is consistent with principles of IFC’s PSs. Its Integrated Management System Policy sets out commitments to occupational health and safety (OHS), food safety and quality, environmental protection, human rights, and anti-corruption, in line with national law and related international standards. The Environmental Policy reinforces the prevention of pollution, rational use of natural resources, responsible waste management, and continuous improvement of environmental performance. The Human Rights Policy commits to respecting internationally recognized rights, prohibiting child and forced labor, ensuring non-discrimination and freedom of association, and integrating human rights considerations across the value chain. All these policies are periodically updated, publicly disclosed on the Company’s website, and communicated to employees, contractors, temporary workers, and other stakeholders.
Identification of E&S Risks and Impacts. The company identifies and manages E&S risks and impacts associated with its operations through compliance with applicable national standards and E&S regulatory permits and requirements. Camposol’s blueberry fields are located in long-established agricultural zones and compliance is verified through regular inspections by competent authorities, including the Organismo de Evaluación y Fiscalización Ambiental (OEFA) and the Ministry of Agriculture. The Company applies a risk assessment matrix and maintains a risk management framework to identify, evaluate and mitigate potential E&S risks and impacts, while also promoting resource efficiency across its operations. As part of these initiatives, Camposol employs strategies to enhance water efficiency, including the use of drip irrigation systems and water recycling within processing plants. Additionally, the company undertakes efforts to improve energy efficiency by integrating advanced equipment and regularly monitoring energy consumption. Material EHS risks and impacts are systematically identified, assessed, and subject to periodic review and updates.
Camposol will enhance its E&S risk assessment matrix as part of its Integrated Management System (IMS) to more systematically cover social risks, including traffic safety, gender-based violence (GBV), community health and safety, and risks related to security personnel (ESAP #1). Based on these identified risks, the company will also develop and implement the corresponding social management programs to ensure that mitigation measures are effectively operationalized.
In line with national legislation, archaeological pre-assessment and monitoring is required for all new farms expansions, and the Company currently holds Certificates of Non-Existence of Archaeological Remains (CIRA) for existing planted fields. As part of ESAP #1, Camposol will also adopt and implement a formal chance find procedure for any future excavations, consistent with PS8 requirements.
E&S Management System & Programs. Camposol has developed and implemented an IMS and maintains several international sustainability certifications and audit schemes, including food safety and quality standards (GlobalG.A.P., IFS, BRC/BRCGS), sustainability (Rainforest Alliance), and labor management (SMETA and GRASP). Compliance with the performance requirements of these certifications is embedded within the IMS. As part of the IMS, Camposol prepares an annual environmental plan aimed at minimizing environmental impacts through structured objectives, defined processes, and monitoring systems, consistent with PS1 requirements. In addition, the Company has developed and implemented E&S management plans (ESMPs) to address operational impacts. These include management plans for soil, water, energy, pest control, solid and hazardous waste, and wastewater. ESMPs incorporate audit protocols, resource efficiency measures, communication strategies, and corrective actions for continuous improvement and compliance.
E&S Organization Capacity/Competency. Camposol’s organizational structure is designed to effectively manage E&S responsibilities through dedicated personnel and specialized departments. The Company operates an OHS Management System aligned with national law and industry good practices and supported by professional staff with expertise in environmental and industrial engineering, as well as formal committees. The Company’s OHS Committee includes 24 trained professionals who meet regularly to evaluate OHS monitoring reports, related risks levels and propose short-term improvements. Personnel have defined responsibilities and are supported with the necessary resources to implement E&S management across Camposol’s operations.
Emergency Preparedness and Response (EPR). Camposol has documented Emergency Preparedness and Response Plans (EPRP) per national law which incorporate risk assessments for potential natural disasters, industrial accidents, and technological failures. These plans establish prevention, mitigation, and recovery strategies aimed at minimizing adverse impacts and ensuring the prompt restoration of operations. The EPRP defines the operational guidelines for emergency brigades in industrial and agro-industrial facilities. The procedures address pre-incident preventive measures, real-time response actions, and post-incident recovery activities.
A Civil Defense Committee is responsible for supervising emergency response and coordinating actions among the different operational areas. The EPRPs emphasize regular training, drills, and effective communication to maintain a high level of readiness among employees and emergency teams.
Monitoring and Reporting. Camposol conducts monitoring and prepares regular E&S compliance reports for submission to local authorities, in accordance with the terms and conditions of its environmental licenses. These reports include monitoring plans covering water and energy consumption, solid and hazardous waste management, water intake, among others. Within its IMS, the company has established a set of key performance indicators (KPIs) and key risk indicators (KRIs) to monitor and improve its E&S performance. In OHS, the company tracks accident indicators on a monthly basis to enable timely corrective actions and strengthen a preventive safety culture. In biodiversity management, it monitors indicators related to species richness and conservation priorities, assessing the effects of agricultural practices on local fauna. Additionally, Camposol applies KRIs to evaluate climate-related vulnerabilities such as water stress and extreme weather, using this information to develop early warning systems and contingency measures.
Supply Chain Assessment and Management. Camposol’s Code of Ethics and Conduct underscores integrity, transparency, and compliance with national and international regulations across its operations and business relationships. The Code requires suppliers to align with the Company’s ethical principles, which emphasize integrity, compliance with labor laws, and respect for human rights. Supplier agreements explicitly prohibit exploitative practices such as child labor, forced labor, discrimination, harassment, and unsafe working conditions as per requirements of PS2. Suppliers are also expected to uphold environmental and sustainability commitments, particularly efficient use of natural resources such as water and energy. In practice, this extends to the management of key raw materials and inputs across the supply system, including agricultural supplies (e.g., fertilizers and crop protection products) and packaging materials (e.g., recycled cardboard). To support implementation, Camposol communicates the Code’s requirements to its suppliers and integrates it into training and capacity-building programs across the supply chain.
PS2- Labor and working conditions
Camposol employs a large seasonal workforce, with approximately 27,000 workers engaged during the peak harvesting season and around 10,000 in the low season, of which about 60% are women in both periods. In addition, in Peru the company maintains 225 full-time contracted staff dedicated to specific services such as cleaning, food services, health, and security.
Human Resources Policies and Procedures, Working Conditions and Terms of Employment. Camposol’s Code of Ethics and Conduct and its Labor Internal Regulations are aligned with Peruvian legislation and PS2 requirements, addressing key labor and human rights principles such as non-discrimination, equal opportunity, anti-harassment; prohibition of child and forced labor; and freedom of association. The Company complies with national labor regulations, including those related to minimum wage, benefits, working hours, and the use of formal written contracts whose copy is provided to each employee. Unionization covers 18% of the workforce, with three independent unions represented. Regular, structured dialogue is maintained between management and union representatives, and collective agreements are in place and actively monitored.
Moving forward, under ESAP Action #2, and as part of the audits performed under the SMETA and GRASP standards, Camposol will engage a qualified labor expert to carry out the labor component of these audits.
Worker’s Grievance Mechanism. Complaints and suggestions related to labor rights or labor nonconformities are handled by the human resources team following a specific procedure for these cases. The workers’ grievance mechanism is accessible to workers and third-party contractors through multiple channels (in person, email, phone number, WhatsApp and the trade union representatives) and supported by formal investigation and review procedures.
Reports concerning potential breaches of Camposol’s Code of Ethics and Conduct are directed to the external “Ethics Line” and processed by the Internal Corporate Audit Service, together with the appropriate departments or areas.
Gender-Based Violence. Camposol has adopted a Sexual Harassment Prevention, Investigation and Disciplinary Action Policy, which provides the guidelines to adequately handle any form of Sexual Exploitation, Abuse and Harassment (SEAH), in line with the Peruvian law. The Policy, which is applicable to direct workers, contains detailed procedures to handle the SEAH reports, including the early protection and psychosocial support to survivors, and SEAH prevention training to all newly recruited personnel. Staff involved in handling SEAH reports receive specialized training. As per ESAP #3, Camposol will enhance its Policies and provisions to prevent and mitigate SEAH by prioritizing informed consent, extending policy application and relevant training to third party contractors and subcontractors, guaranteeing confidentiality and non-retaliation, and training managers/supervisors, who need to avoid revictimization when receiving SEAH reports. Enhanced effectiveness will result from improved monitoring of SEAH-related reports, which will be underpinned by clearly defined KPIs integrated within the IMS.
Occupational Health & Safety (OHS). Camposol’s OHS management system is designed in line with Peruvian legal requirements, PS2, and ISO 45001 (Occupational Health and Safety Management) principles. The system incorporates hazard identification, risk assessment, medical surveillance, regular OHS inspections, and oversight by a joint OHS committee. A hierarchy of controls is applied, prioritizing hazard elimination, substitution, engineering and administrative measures, and the provision of personal protective equipment (PPE). The framework is updated continuously based on worker feedback, incident investigations, and changes in applicable regulations. Risk assessments cover routine, non-routine, and emergency tasks, taking into account environmental conditions, human factors, and emerging risks. Workers are actively engaged through safety committees and receive ongoing training focused on accident prevention and risk management.
Drinking water is sourced from the Chavimochic channel and on-site treated to meet national drinking water standards. Distribution is ensured at each site, including dining and work areas, and is complemented by the supply of water gallons purchased from authorized providers. Considering rising temperatures and the potential for increased incidence of heat stress due to climate change, the Company will develop and implement a program to prevent and manage heat-related illnesses among exposed workers. The program will include risk assessments, provision of shaded rest areas and potable water, work–rest schedules adapted to weather conditions, training for workers and supervisors on recognizing and responding to symptoms, and monitoring to evaluate effectiveness (ESAP #4).
Health monitoring includes free services such as medical consultations, pediatrics, nutrition, and physiotherapy for workers and their families. The company conducts occupational surveillance, noise dosimetry, and assessments of physical, biological, and chemical risks in compliance with WBG EHS Guidelines.
Workers are transported daily to and from the farms and facilities, and the company does not provide or manage worker accommodation. Camposol has experienced a number of fatal accidents in recent years, all of which were related to traffic incidents during the transport of workers or products. In Peru, the company reported one fatality in 2022, three in 2023, and five in 2024. While the Lost Time Injury Frequency Rate (LTIFR) has remained within single digits and below industry benchmarks (5.61 in 2022, 6.58 in 2023, and 3.65 in 2024), these fatalities underscore the critical importance of strengthening road safety measures. Moving forward, as part of the ESAP #5, Camposol will develop and adopt a Traffic Safety Management Plan, in alignment with national law and the World Bank Group (WBG) General EHS Guidelines (Section 3.4 – Traffic Safety). This procedure will include, but will not be limited to: (i) vehicle -related practices, ii) driver -related practices (mandatory defensive driving training), iii) journey – related practices ; (ii) and (iv) verification of drivers’ qualifications, licenses, and medical fitness certifications. The program will also establish monitoring and reporting mechanisms for continuous improvement and accountability in road safety performance.
To ensure year-round water availability, Camposol has on-site reservoirs that are being expanded to increase the company’s contingency capacity. To prevent drowning risks, Camposol will implement safety measures for these reservoirs in line with GIIP, such as OSHA Standard 1926.106 (“Working over or near water”). The Client will also provide periodic training to personnel on the proper use of these measures (ESAP #6).
PS3-Resource Efficiency and Pollution Prevention
Energy. Camposol relies primarily on the local power grid to support its agricultural and processing operations, with electricity being essential for irrigation, cooling, refrigeration, and packaging processes. In addition, the company uses diesel, gasohol, and liquefied petroleum gas across its farms and vehicle fleet, with total fuel consumption in Peru reaching approximately 96,649 GJ in 2024.
To reduce its energy footprint and improve efficiency, Camposol has introduced several initiatives during 2023 and 2024. These include the installation of a 1 MWp solar plant, which supplies up to 100 percent of energy demand during peak hours and about one-third of annual demand, thereby avoiding more than 360 tons of CO2 emissions each year. The company has also developed a 2 MW centralized generation system to guarantee supply in the event of grid interruptions. Additional measures have delivered a reduction in energy use compared to previous years through peak shaving and tariff optimization, complemented by efficiency upgrades such as LED conversion, new refrigeration equipment, and a modernized vehicle fleet with significantly improved fuel efficiency.
Water. Water for irrigation is derived from the Chavimochic Irrigation System in northern Peru, which sources water from the Santa River in the Andean highlands. The Chavimochic Irrigation project supports irrigation for approximately 80,000 ha in the La Libertad region, while also generating 68 MW of hydro-energy and providing potable water. Camposol coordinates weekly with the Pressurized Irrigation Board to request water volumes in line with crop demand. No non-compliance has been reported regarding permits, standards, or regulations related to water quality. As part of its water conservation strategy, Camposol uses drip irrigation and is replacing its traditional blueberry cultivation into pots, reducing water consumption in more than 20% when compared with traditional methods. Total annual demand is approximately 10,000 m³/ha and Camposol holds water use licenses for all its areas and regularly monitors its consumption.
To mitigate risks associated with water scarcity, Camposol has developed a water storage strategy based on the construction of reservoirs. The company currently operates six reservoirs with a combined storage capacity exceeding 3 million cubic meters, which provides approximately 18 days of contingency capacity. To strengthen long-term water security, Camposol is also evaluating the feasibility of applying for permits to develop deep water wells. This option is under assessment and will require further technical and regulatory analysis, including hydrogeological studies and consideration of potential impacts on local aquifers and neighboring users.
Under the ESAP (Action #7), the Client will conduct a Water Resources Sustainability Assessment (WRSA), including a hydrogeological study to assess aquifer capacity, cumulative impacts, climate resilience, and the sustainability of water withdrawals, as well as a water balance analysis and evaluation of water use efficiency. Based on the results, the Client will obtain the necessary permits from the competent authorities prior to constructing or operating any wells. The Client will also update its Water Management Plan to incorporate groundwater use, monitoring protocols for aquifer levels, and measures to optimize efficiency, and will engage with local stakeholders and water users to ensure transparency regarding potential impacts.
Greenhouse gas emissions. Camposol completed the measurement of its corporate carbon footprint for 2023, in line with ISO 14064 requirements. Reported greenhouse gas emissions amounted to 20,957.74 tCO2eq for Scope 1 and 5,274.86 tCO2eq for Scope 2 (location-based). This baseline is being used as the foundation for defining reduction strategies and setting targets.
Wastewater Management. In La Libertad, wastewater management follows an integrated approach that covers both process and domestic effluents. All effluents generated at the Chao Plant operations undergo physical and biological treatment and are subsequently reused for irrigating green areas, in compliance with national effluent quality standards for irrigation. Domestic effluents are subject to microbiological treatment, and the resulting sludge is managed under the company’s waste management plan, which includes collection by an authorized company for final disposal. There are no direct treated effluent discharges into natural water bodies.
Solid Waste Management. Camposol has a solid waste management plan and adheres to the national and local standards, which are aligned with PS3 requirements. The company employs a structured system covering segregation, temporary storage, internal collection, central storage, and final disposal of solid waste. Key parameters include waste characterization (hazardous vs. non-hazardous), proper segregation according to origin and type, and adherence to storage and disposal guidelines. During the site visit, the company’s waste management facilities were observed to be in good condition, with appropriate segregation, storage, and labeling practices in place. Hazardous and non-hazardous wastes were properly separated, and designated areas appeared orderly and compliant with applicable standards.
Hazardous Materials. Camposol manages hazardous materials, including diesel for generators and bio-contaminated substances, under established procedures that set strict requirements for safe handling, storage, and disposal. These procedures are designed to ensure compliance with regulatory and corporate standards. The company conducts regular monitoring of hazardous material inventories and concentrations, supported by routine internal audits to verify adherence to safety and environmental requirements.
Pesticide and Nutrient Use and Management. All pesticides used by the company are authorized by Peru’s National Agricultural Health Service (SENASA). Pest control is carried out under an Integrated Pest Management (IPM) Program that prioritizes prevention, biological controls, and reduced reliance on chemical pesticides. In 2024, Camposol reported the use of 415,385.42 liters of liquid pesticides and 101,379.48 kilograms of solid pesticides. Of the liquid pesticides, 4.18% were classified as moderately hazardous, 10.40% as slightly hazardous, and 85.42% as unlikely to present acute hazard. For solid pesticides, 3.47% were moderately hazardous, 82.28% were slightly hazardous, and 14.25% were unlikely to present acute hazard. The company reports that it does not use pesticides classified by WHO as Class Ia (extremely hazardous) or Class Ib (highly hazardous).
Camposol implements a nutrient management program that combines soil, water, and plant tissue monitoring with precision fertilization to maintain soil fertility and crop nutrition. The company applies efficient fertilizer and irrigation practices, incorporates organic matter and microorganisms to enhance soil health, and monitors fertilizers to prevent heavy metal contamination. These actions are reinforced by a Soil Conservation Management Plan to prevent degradation and towards sustainable production.
Camposol’s pesticide and fertilizer storage facilities are designed to ensure safety and compliance, featuring robust infrastructure such as metal containers, concrete structures, proper ventilation, safety signage, emergency showers, spill containment systems, security alarms, and video surveillance. Personnel responsible for handling agrochemicals are well-trained and undergo regular health check-ups to uphold safety standards.
PS4-Community Health, Safety and Security
Community Health and Safety. The Project is located within a designated agricultural zone in La Libertad. The nearest communities are San José, approximately 5 km to the north, and Chao, about 12 km to the south. Both are crossed by the North Pan-American Highway, and a significant portion of their population is engaged in agricultural work in the region. The highway is also used by Camposol’s transportation contractors, including those responsible for staff transport, hazardous materials, and freight. As part of ESAP #4, Camposol will develop a Traffic Safety Management Plan that, in addition to addressing OHS risks, will help mitigate traffic-related impacts on surrounding communities.
Camposol has established systems for emergency preparedness and response, infrastructure safety, and fire prevention. These are supported by regular training, equipment inspections, and defined protocols, which collectively reduce the likelihood of incidents affecting nearby communities.
Hazardous Materials Management and Safety. The Company uses registered and approved pesticides for termite control, fertilizers and mineral amendments for growth, and herbicides to manage weed competition. With regards to community health and safety, risks associated with the use of pesticides and fertilizers include localized contamination of surface water from overuse and spills and potential misuse by workers. Beyond good application practices, the appraisal team observed adequate awareness about the hazards of pesticide and herbicide use and familiarity with protective equipment by field workers.
Security Personnel. Security services are delivered by three third-party contractors, both armed (for security incidents response) and not armed at the plantations´ gates. The recruitment process for security staff and contractors involves identity verification, and all security personnel receive training in the Company’s Code of Conduct, inclusion, and security procedures. Under ESAP #8, Camposol will conduct a Security Risk Assessment to identify risks to communities and establish clear hiring and vetting criteria for security personnel, including background checks to prevent human rights abuses. All security staff will receive training on human rights and SEAH prevention and response, as well as principles of professional conduct. Based on this assessment, Camposol will develop a Security Management Plan per national law, requirements of PS4 and IFC’s Good Practice Handbook on the Use of Security Forces. defining the roles and responsibilities of security providers, outlining requirements for proportional and necessary use of force, and establishing mechanisms for grievance handling, oversight, and consequences for misconduct.
PS6-Biodiversity Conservation and Sustainable Management of Living Natural Resources
Protection and Conservation of Biodiversity. The operation is located in the coastal desert of the non-endangered Sechura Desert ecoregion. It does not overlap any Legally Protected or Internationally Recognized Areas, while the small Legally Protected Puquio Santa Rosa Protection Forest lying about 1km to the south is not affected by the operation.
The project will involve the replacement of blueberry varieties in half of the existing blueberry fields in modified habitat. The company has baselined and monitored the native flora and fauna within these modified habitats since 2009, and briefly sampled surrounding natural habitat once in 2020, which has been sufficient for national regulators for the current operation, but in terms of a PS6-aligned baseline and monitoring program, has small sampling effort, no control points and no bat sampling. Monitoring results indicate that fauna populations in the modified habitat of the existing operations remain stable. Additionally, these surveys identified a restricted-range lizard and two globally Vulnerable birds within the modified and surrounding natural habitats. No direct adverse impact is expected on these species, as they all occur frequently in the modified habitat and are associated with vegetative cover, particularly the native Algarrobo trees planted between fields as part of the operational Arborization Plan.
To align with PS6 requirements for biodiversity management (ESAP #9), the existing biodiversity management plan (Plan de Conservación y Agricultura Sostenible) will be updated to describe KPIs for all actions in the plan, while to protect and enhance habitat, include an action to promote the increased use of native Algarrobo and Zapote species where feasible in the Arborization plans (operational layout of exotic and native windrow trees) throughout the operation. Additionally, to enhance biodiversity monitoring (ESAP #10): the existing surrounding natural habitat sampling points will be incorporated into regular annual monitoring to better monitor impacts; and acoustic recording for bats will be undertaken at all monitoring points.
Sustainable Management of Living Natural Resources. All of the current operations, including the modified habitat where blueberry species will be rotated, have and will continue to maintain Rainforest Alliance Sustainable Agriculture Certification.