The proposed investment is categorized as an environmental and social (E&S) category B Project as there are no elements of the project with diverse, unprecedented or irreversible, negative social or environmental impacts. Company operations are well known to IFC through previous investments in San Miguel's operations in Argentina and Uruguay. The results of the current E&S due diligence indicate that previously identified risks and impacts have been managed by San Miguel in a manner consistent with good practices. The potential environmental, social, occupational health and safety risks and impacts associated with this project relate to: (i) performance effectiveness of environmental, social (labor), occupational health and safety, and food safety management systems, procedures, management programs, and timely implementation of recommendations from internal and external/third-party audits; (ii) provision of fair and safe working conditions, compliant with local labor law, for permanent and temporary (seasonal [local and migrant]) workers, contractors and supply chain labor; (iii) emergency preparedness and response (e.g. release of ammonia from refrigerator system); (iv) sustainability of water supply; (v) management of solid, liquid and hazardous wastes from agriculture and processing activities; (vi) traceability and sustainability sourcing of its third parties suppliers (ref. supply chain); (vii) workers' exposure to noise, vibration and particulate matter; (viii) physical hazards (electrical hazards, confined spaces, slippery surfaces, risk of fire and explosion), among others.