42848
BARRY CALLEBAUT AG
Jan 19, 2021
World Region
Global
Jun 24, 2020
B - Limited
Active
Jun 12, 2021
WBG Prosperity
Agribusiness and Forestry
Approved : Sep 21, 2010
Signed : Feb 25, 2021
Invested : Jun 2, 2021
Sugar and Confectionery
This project is proposed under the Global Trade Supplier Finance program (“GTSF” or the “Program”) approved by the IFC Board on September 21, 2010 (Original Project #28723). Under GTSF, IFC provides short-term financing to suppliers (“Suppliers”) in emerging markets selling to large companies (“Buyers”) on open account terms. Under this project, IFC will provide financing to Barry Callebaut AG for suppliers of sugar, soy lecithin and dairy based in different emerging market countries.
The Project is implemented concurrently with an Advisory Services project (#602402 GTSF Scale Up). As part of this project, IFC will help Barry Callebaut to establish sustainability criteria to be applied to the Program and help suppliers understand the Program’s sustainability link.
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For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
Kevin Ogorzalek
Manager, Sustainability Sourcing – Americas
Barry Callebaut USA LLC – 600 West Chicago Avenue, Suite 860, Chicago, IL, Belgium 60654
E-mail: kevin_ogorzalek@barry-callebaut.com; Tel: +1 312 496 7300
Website: www.barry-callebaut.com