Danone livelihoods fund. Funds Invested by danone.

Danone livelihoods fund Danone, Firmenich and Mars (through its supplier Prova) have committed to purchase the vanilla produced by the farmers at a fair price for 10 years. 12. Following the success of the first fund, a second Livelihoods Carbon Fund was launched in 2017. Now, they are aiming to increase the scale and the number of projects which fight climate change by restoring ecosystems which provide vital resources to the most vulnerable populations. The company played a fundamental role in the Livelihoods Funds is financed by the Danone Group and other European companies. About Danone. Vi Agroforestry Livelihoods June 9, 2017 Momentum from the COP21 continues: Firmenich and Veolia to join Danone and Mars in a new fund that creates mutual benefits for smallholder farmers, business and the environment Bernard Giraud is Danone’s Senior Sustainability Advisor and co-founder of the Livelihoods Fund, a mutual fund with Danone and other investors. Capitalizing on a robust 10-year experience, Livelihoods is launching a 3 rd Livelihoods Carbon Fund (LCF3) to support rural communities in their effort to preserve or restore their natural ecosystems and improve their livelihood through Dedicated since 1919 to bringing health through food to as many people as possible, Danone is a French leading global food & beverages company, which has played a funding role to the Livelihoods Carbon Funds. Quality healthcare and parental support Dan’cares Livelihoods Carbon Funds (LCF1 and LCF2) The contribution is equal to the % of the whole investments of Danone in Livelihoods Carbon Funds since the project's launch that has been allocated to the Social L3F – Livelihoods Fund for Family Farming; LCF- Livelihoods Carbon Funds; Projects; Blog; Careers; Contact “Our projects go beyond carbon offsets”, Eric Soubeiran, Global Nature & Climate Director at Danone. With 79 million mangroves already replanted, it is the The Livelihoods Funds are investment vehicles tackling environmental degradation while addressing rural poverty. It will invest €120 million to build sustainable The projects are organized into four areas, corresponding to key activities in Danone’s value chain: Sourcing & Watershed, for the sustainability of water resources and the sustainable The Livelihoods Funds are doubling their investment in an efficient cookstove project in Kenya, to reach 8 million euros. To this end, we created four social innovation funds, among them the Danone Ecosystem Fund and the Livelihoods Fund for Family Farming, whose projects help Since 2011, Danone has been a partner of the Livelihoods Funds, which implement offset projects including mangrove restoration, agroforestry, and sustainable supply chains, and has committed to investing a total of €68. The Livelihoods’ Fund for Family Farming (L3F) has brought together Danone, Mars (through its supplier, Prova), Firmenich, the French Development Agency (AFD) and local Fanamby NGO to embark 3,000 smallholder farmers in a 10-year transformation. • Fix carbon in forests and natural ecosystems: the Livelihoods Fund, established by Danone with nine communities and social entrepreneurs: Danone Ecosystem Fund, Livelihoods Fund for Family Farming, Livelihoods Carbon Funds and Danone Communities. LIVELIHOODS FUNDS (3) Funds Invested by the Carbon Funds. eu The Livelihoods’ Fund for Family Farming (L3F) has brought together Danone, Mars (through its supplier, Prova), Firmenich, the French Development Agency (AFD) and local Fanamby NGO, among other NGO partners in the project, to embark 3,000 smallholder farmers and their families on a decade-long transformation. Danone is an international company present on five continents. MtCO 2e 0 21. eu. Discover our latest Number of people whose livelihoods are improved thanks to projects' benefits: more resources available (fish, food, cash crops, etc. Edit Personal Investments Section. ” It does this by seeking the best balance between Danone has been working with the Livelihoods Funds since 2011 in building multi-stakeholders coalitions to support smallholder farmers in Africa, Asia and Latin America. Advocating in support of To achieve zero net emissions, Danone will start to reduce its full-scope carbon emissions before 2025, and will keep pioneering «carbon positive» programs to fix more carbon in forests, natural ecosystems and agriculture. The Livelihoods Carbon Fund 3 (LCF3) combines equity capital from some international investors seeking ERC returns and others seeking financial returns to provide upfront financing for ERC activities (Figure 9). At that time, then Danone CEO Franck Danone’s legacy is deeply rooted in social, ethical and sustainable projects, notably through the establishment of two funds. 5 MtCO 2 e per year by 2050. The French dairy giant said stakeholders, or supported by Danone Communities, Danone Ecosystem Fund, Livelihoods funds and similar; in order to tackle material sustainability issue(s). 30. He explains what drives Danone in engaging in this new business coalition to promote biodiversity About The Livelihoods Fund for Family Farming (L3F) The Livelihoods Fund for Family Farming is an impact investment fund created by Danone, Mars, Firmenich and Veolia in 2015. Livelihoods September 17, 2021 . He is also President of Livelihoods Venture. , Michelin, Hermès, SAP, Groupe Caisse des Dépôts, La Poste, Firmenich, Voyageurs du Monde, Mars Inc. The Livelihoods Fund for Family Farming (L3F) is an investment vehicle that has been created precisely to fill this gap and foster a systemic change in agriculture, particularly with smallholders. 5 Net-Zero 2019 2020 2030 2040 2050 DANONE CLIMATE TRANSITION PLAN - WHY - 2. 000 hektar lahan Sumatra island, Indonesia, is a familiar territory to Livelihoods. ii. resources Accelerating the transition towards a circular economy of packaging LIVELIHOODS CARBON FUND LIVELIHOODS CARBON FUND #2 . 14M. 1 million tons of CO 2 via the Livelihoods Fund since 2011, we are ready to further leverage this experience. 3 Danone developed an impact investment vehicle called the Livelihoods Carbon Fund, which funds projects to enhance the livelihood of communities while generating carbon positive action. 9 14. For Bonafont, like all Danone’s water brands, preserving water resources is instrumental for a resilient business. and Veolia. The Livelihoods Fund for Family Farming is a week-long field and classroom training presented by the Livelihoods Fund, facilitated by UNIQUE Forestry and Land Use, and hosted by the NGO, YAGASU, of Indonesia. 6 . The project will be implemented by our NGO partner VI Agroforestry. Our aim is to establish a bridge between the climate actions we are taking today and our long-term commitment to achieving net-zero emissions by 2050. In April 2022, Danone, L’Oréal, Mars, Incorporated, the Livelihoods Funds, Musim Mas, and SNV partnered to advance regenerative agriculture in North Sumatra, Indonesia. 17. The Fund has invested in projects that have social, environmental and/or health impact, while strengthening Danone’s ecosystem. The Danone Ecosystem Fund supports the transformation of agricultural practices in the company’s supply chain through 35 [nectar_slider location=”Newsroom” full_width=”true” slider_height=”700″] A spokesperson for Danone revealed that Danone and Firmenich, alongside Crédit Agricole, Hermès, Michelin, SAP, Schneider Electric and Voyageurs du Monde, have already raised €50m. Tangible results since 2011 with the first Livelihoods Carbon Fund The companies investing in this new fund have been committed in the first Livelihoods Carbon Fund since 2011. Livelihoods Venture operates in Africa, Asia, Latin America and Europe with a team of 50 agronomists, foresters, rural development practitioners The Livelihoods Fund for Family Farming (L3F) is an impact investment fund created by Danone in partnership with Firmenich, Mars and Veolia. With these initiatives, we aim to neutralize around 4. 6M. Home; About us. About The Livelihoods Fund for Family Farming (L3F) The Livelihoods Fund for Family Farming is an impact investment fund created by Danone, Mars, Firmenich and Veolia in 2015. Danone and Mars Inc. Furthermore, there is a general lack of support structures for farmers that equips farmers with the know-how and training on sustainable agricultural practices, and that can provide a reliable network to Danone Read More . Mars Incorporated Read More . By Livelihoods ; Emmanuel Faber, Chairman and CEO of Danone and Chairman of the Board of the Livelihoods Fund for Family Farming, played a key role in the launch of the “One Planet Business for Biodiversity” (OP2B) coalition at the United Nations Climate Week in New York. Who we are; Our team; Our History; What we do; Our partners; Our funds The Danone/Naandi now Livelihoods/Naandi social enterprise initiative aims to build sustainable livelihoods in the tribal communities of Araku nestled in the northwest region of the state of Andhra Pradesh adjacent to Orissa. Danone and the Inter-American Development Bank (IDB) have announced they are joining forces with Livelihoods Funds and the Danone Ecosystem Fund in an attempt to boost economic growth in the Latin America and Caribbean region. Preserve and renew. To this end, we created four social innovation funds, among them the Danone Ecosystem Fund and the Livelihoods Fund for Family Farming, whose projects help Furthermore, Danone is working to directly support and empower the members of our supply chains who are most vulnerable to forced labor. 126 million . PROJECTS MADE POSSIBLE THANKS TO AN INNOVATIVE INVESTMENT MODEL . Private companies invest in the funds to get carbon credits with The Livelihoods Fund for Family Farming (L3F) is an impact investment fund created by Danone in partnership with Firmenich, Mars and Veolia. The project will plant 3. 3 billion) called the Livelihoods Carbon Fund, which funds projects to enhance the livelihood of communities while generating carbon 3 1. Introduction to Danone “Bring health through food to as many people as possible: At Danone, a unique Mission and a dual economic and social project at the heart of the company “ Building the Coalition for Sustainable Livelihoods 2 SUMMARY Hosted By: Conservation International, Danone, IDH, The Livelihoods Fund, Mars Wrigley Confectionary, Mondelēz International, PepsiCo, The Forest Trust and UNDP with nearly 130 participants in attendance from government, private sector, finance institutions, and civil society The project was launched by the Livelihoods Fund for Family Farming (L3F), an impact investment fund created by Danone, Mars, Firmenich and Veolia to sustainably transform their supply chains and improve the livelihoods of smallholders. This is the third iteration of the fund Schneider has joined with Livelihoods since its inception in 2011. As of 2011, it expanded to the Livelihoods Fund and Livelihoods Venture. The Livelihoods Fund for Family Farming, an impact investment fund created by Danone, Firmenich, Mars and Veolia to foster sustainability and poverty reduction in supply chains, is investing in a large-scale vanilla project with an innovative model where farmers and industry players share both benefits and risks. Then in 2011, the Livelihoods fund was launched, which to date has helped over 615,000 people from underprivileged Major Brands and Livelihoods team up for sustainable palm production. Country Legal name Ownership . More information about Livelihoods : livelihoods. And for good reason: the official launch of the Livelihoods Fund. Mars, through its Sustainable in a Generation Plan, is actively engaged in reducing carbon emissions in our value chain and will use credits like those from LCF3 to help neutralize the communities and social entrepreneurs: Danone Ecosystem Fund, Livelihoods Fund for Family Farming, Livelihoods Carbon Funds and Danone Communities. Can we improve farmer income while preserving nature? Livelihoods’ President Bernard Giraud was invited to speak on the panel “Innovative Public -Private Partnerships- Models Emerging Trends, Priorities” at the COP12 along with Laurent Sacchi, Vice President Chairman, Danone, and Christopher Briggs, Secretary General of the Ramsar Convention, to share the story of the Livelihoods Fund and discuss why this Over time, evian ® sustained actions to reduce emissions, combined with the creation of credits through the Livelihoods Carbon Fund, will enable the brand to reach carbon neutrality by 2020, making it the 1st international brand of Danone to achieve this ambition. via the Livelihoods Fund since 2011, we are ready to further leverage this experience. impact study Adapting farming practices to respond to these risks requires major investment, which threatens the livelihoods of family farmers who can’t afford such expenditure. Danone’s standards ensuring water returned to nature is of adequate quality for downstream ecosystem and users. Danone is one of the world’s leading food companies and the global leader in dairy. Its aim is to strengthen and expand “general interest activities” within the The Livelihoods Carbon Fund and the Livelihoods Fund for Family Farming aims to sequester 10 million tons of CO2 by financing rural environmental restoration and energy projects and Capitalizing on a robust 10-year experience, Livelihoods is launching a 3 rd Livelihoods Carbon Fund (LCF3) to support rural communities in their effort to preserve or The Livelihoods Fund for Family Farming was launched in 2015 with Danone, Mars and later joined by Firmenich and Veolia for developing projects in their supply chain and areas of influence. It aims to support companies’ efforts to make their Danone’s legacy is deeply rooted in social, ethical and sustainable projects, notably through the establishment of two funds. 6 Eligible Project Categories Danone Sustainability pillar Definition Danone Initiatives Social objectives Social benefits Research & The Livelihoods-Senegal project was financed through carbon finance: the 10 private companies* gathered within the Livelihoods Carbon Fund have invested together in this reforestation program with the dual objective of offsetting part of their CO2 emissions, because mangroves have a high carbon storage capacity in trees and soil, and contributing to the Schneider Electric is one of the pioneer companies which joined and committed in the Livelihoods Funds adventure back in 2011, when the First Livelihoods Carbon Fund was launched. 6M Funds Invested by danone. It is the result of collaboration between thousands of villagers, Océanium, a Senegalese NGO working to preserve mangroves, and the Fonds Carbone Livelihoods, an impact investment fund supported by private companies committed to voluntarily offsetting their CO2 emissions. Chairman of LIVELIHOODS FUND for FAMILY FARMING SAS; Other companies French listed companies Director, LIVELIHOODS CARBON FUND (LCF3) Bel Group, Chanel, Danone, DEG, Eurofins, Global Environmental Facility, Hermès, l ’Occitane Group, Mars, Mauritius Commercial Bank, McCain Foods, Orange, SAP, Schneider Electric and Voyageurs du Monde are joining the Third Livelihoods Carbon Fund to support rural communities in their effort to preserve or L3F – Livelihoods Fund for Family Farming; LCF- Livelihoods Carbon Funds; Projects; Blog; Careers; Contact “Our projects go beyond carbon offsets”, Eric Soubeiran, Global Nature & Climate Director at Danone. Focusing on securing farmers’ prosperity makes the business of agriculture more sustainable for all. This roadmap, which grounds our commitments as a "Société à Mission" and a growing B Corp, is articulated around three pillars: Danone Ecosystem, and the Livelihoods Funds. , two of the world’s leading food manufacturers, partner to launch a new innovative investment fund, the Livelihoods Fund for Family Farming (Livelihoods 3F). 55% Luxembourg WHITEWAVE ASIA SARL 100% Mexico DANONE MEDICAL NUTRITION MEXICO SA DE CV (liquidation process) 100% Mexico DERIVADOS LACTEOS FLN-DDM SA DE CV (liquidation process) 100% . What is our partners’ point of view regarding the project’s achievements so far? via the Livelihoods Fund since 2011, we are ready to further leverage this experience. Then in 2011, the Livelihoods fund was launched, which to date has helped over 615,000 people from underprivileged The Livelihoods Fund for Family Farming is the second fund to be created and offers a unique solution for companies seeking to secure sustainable sourcing. Danone’s climate commitments started in 2008 when the company set the ambitious goal to reduce its carbon emissions by 40% within four ii. The fund helps As part of our Renew Danone strategy, we have developed a sustainability roadmap based on three interconnected pillars: Health, Nature, and People & Communities. Bernard Giraud is Danone’s Senior Sustainability Advisor and co-founder of the Livelihoods Fund, a mutual fund with Danone and other investors. Quality healthcare and parental support Dan’cares Livelihoods Carbon Funds (LCF1 and LCF2) The contribution is equal to the % of the whole investments of Danone in Livelihoods Carbon Funds since the project's launch that has been allocated to the Social Discover Danone Ecosystem concrete impact on the ground! Danone Ecosystem was created based on the conviction that business thrives when it acts as a force for good. Danone ommunities Danone Ecosystem (DE) Livelihoods arbon Fund Livelihoods Fund for Family Farming Exhaustive 2023 ompliance Data Responsible practices: Ethics and Integrity Danone Way 2023 Data For more detailed information, please refer to Danone 2023 Universal Registration Document and 2023 Annual Integrated Report. Farmer Livelihoods and Autonomy. 8 million. 16%. , two of the world’s leading food manufacturers, launch new innovative investment fund, the Livelihoods Fund for Family Farming. livelihoods are fragile. 6 The Livelihoods Fund for Family Farming (L3F) is an investment vehicle that has been created precisely to fill this gap and foster a systemic change in agriculture, particularly with smallholders. Bel Group Read More . This category only includes cookies that ensures basic functionalities and security features of the website. These methods include implementing more eco-friendly irrigation techniques and using rainwater. This projectwill improve the lives of 600,000 people while saving 2, 400 Livelihoods currently operates four investment funds (the Livelihoods Carbon Funds 1, 2 & 3 and the Livelihoods Fund for Family Farming) in which 21 major companies have invested so far: On 11 December 2017 in Paris, just before the One Planet Climate Summit, these 8 companies will officially launch the new Livelihoods Carbon Fund. 2022: Scaling-up Livelihoods model for resilience . In 2008 the Danone Group created the Danone Fund for Nature, as part of an agreement with Ramsar and IUCN. Learn more about Danone's regenerative agriculture processes through our dedicated section and find all informations about Danone In Madagascar, for instance, the Livelihoods Fund for Family Farming is working with 3,000 the Livelihoods project is empowering farmers with agroforestry techniques, with the aim of converting 6,0000 ha • Creation of the danone. Furthermore, Danone is working to directly support and empower the members of our supply chains who are most vulnerable to forced labor. ) and more resilient ecosystems (restoration of agricultural land and forests, barriers against seawater, etc. Read More. impact study Danone’s standards ensuring water returned to nature is of adequate quality for downstream ecosystem and users. Danone Communities provides the resources required, including capital, technological expertise and strong networks. It involves 30 000 farmers & aims at restoring 20 000 ha through agroforestry. Several projects supported by the irst f historic Livelihoods Carbon Fund (LCF1 , 2011) have reached more than 10 years and are now delivering social, economic, and environmental impacts beyond carbon. This time, Livelihoods is launching a palm oil supply chain Emmanuel Faber, Chairman and CEO of Danone and Chairman of the Board of the Livelihoods Fund for Family Farming, played a key role in the launch of the “One Planet Business for Biodiversity” (OP2B) coalition at the United Nations Climate Week in New York. A. Research and Innovation for Advanced Medical Nutrition The ONE Livelihoods Fund promotes self-reliance, entrepreneurship and training to reduce inequalities and foster well-being for vulnerable individuals and families in Singapore. Likewise, Veolia and Danone have the opportunity to go beyond their operations perimeter with this partnership to act more widely on the sustainability of the aquifer. The fund invests directly to empower farmers, help them succeed in the transition to sustainable sourcing through efficient agricultural practices, and often the replantation of To achieve zero net emissions, Danone will start to reduce its full-scope carbon emissions before 2025, and will keep pioneering «carbon positive» programs to fix more carbon in forests, natural ecosystems and agriculture. Skip Social Bond: allocated amount since 2015 / Total cost to Danone since project′s launch. After testing the concept in Senegal where, since 2008, 10,000 hectares of mangrove forest have been restored to provide fish resources, protect rice fields, and store significant amounts of carbon, we asked other Through initiatives like Danone Ecosystem, Danone Communities, and the Livelihoods Funds, we’re able to create lasting value for Danone and support the communities in which we operate. With the support of the Danone Ecosystem Fund, Evian, the Communauté de Communes du Pays d’Evian and SICA Terragr’Eau Methanisation, invested in the Livelihoods Funds so far: Danone, Schneider Electric, Crédit Agricole S. • Fix carbon in forests and natural ecosystems: the Livelihoods Fund, established by Danone with nine Livelihoods Carbon Funds 34% Danone Communities 44% Responsible farming and agriculture Danone US Pledge - non GMO Project 100% Quality healthcare and parental support v [ 5% Danone Global Parental Policy 79%. Danone, Firmenich and Mars have committed to purchase the vanilla produced in the project area for 10 years. PARIS. All the Livelihoods Funds’ projects are built on a long -term investment model bringing together private companies, NGOs, public organizations and the civil society. For each of these pillars, the company has set new priorities and objectives for the future, focusing on the areas where Danone can bring the most value. See more projects from Livelihoods Funds below. To achieve zero net emissions, Danone will start to reduce its full-scope carbon emissions before 2025, and will keep pioneering «carbon positive» programs to fix more carbon in forests, natural ecosystems and agriculture. 11 April 2021, Indonesia –Danone, L’Oréal, Mars, Incorporated, Livelihoods Funds, Musim Mas, dan SNV meluncurkan kolaborasi perdana untuk memajukan pertanian regeneratif di Sumatera Utara, Indonesia. livelihoods. To date, Danone's investments in these projects have captured or avoided 2. In 1997 he returned to France to join the Danone group as Marketing Vice- President of the food company Amora Maille, which was acquired under a leveraged buy-out from Danone. Since December 2011, other large corporations from different industry sectors have joined Livelihoods: Schneider Electric, Credit Agricole, Hermès International, Voyageurs du Monde, La Poste Group, CDC Climat. To this end, we created four social innovation funds, among them the Danone Ecosystem Fund and the Livelihoods Fund for Family Farming, whose projects help 14 COMPANIES & FINANCIAL INVESTORS JOIN FORCES TO ACCELERATE AND SCALE-UP NATURE-BASED SOLUTIONS. As part of the social bond, proceeds are allocated to projects supporting these funds and social benefits expected from these projects are the following: By solely relying on one crop, farmers are also extremely vulnerable to fluctuating market prices, which puts the livelihoods of farmers and farm workers at risk. From the beginning, it has been designed as a Menu. This fund is created to support family farms providing improvement in the living conditions of farmers and • We will also draw on the experience of the funds Danone has created with partners in civil society—the danone. • in 2011, Danone created the Livelihoods Fund, establishing a link between food security and climate change. Introduction to Danone “Bring health through food to as many people as possible: At Danone, a unique Mission and a dual economic and social project at the heart of the company “ Created six months ago at the initiative of Danone, the Livelihoods Fund is for companies that want to reduce their carbon footprint through projects with high social and environmental impact. An innovative partnership has been signed with Brookside, a local milk company in which Danone owns a stake, for the sale of milk produced by the farmers over 10 years. monitoring of the Livelihoods Funds projects is announcing today a significant change in its leadership with the appointment of a Chief Executive Officer. 105M. Both Livelihoods-mangrove restoration projects implemented with local NGO Yagasu, contribute to restoring the mangrove ecosystem along the coasts of Aceh & North Sumatra, while boosting economic opportunities for rural communities. These companies receive carbon credits by investing in projects for agroforestry, mangrove Capitalizing on a robust 10-year experience, Livelihoods is launching a 3rd Livelihoods Carbon Fund (LCF3) to support rural communities in their effort to preserve or restore their natural Danone, the Ramsar Convention on Wetlands and the International Union for the Conservation of Nature (IUCN) created the Danone Fund for Nature with the following objectives: restoring Danone Ecosystem is comprised of an endowment fund and an association (not-for-profit entity), created by Danone. 1,621. This fund is created to support family farms providing improvement in the living conditions of farmers and their communities. The fund pursues a dual mission: help committed brands move to sustainable sourcing models while improving the livelihoods of smallholders. 3 22. For more information, visit: www. People with increased revenue (farmers, LIVELIHOODS FUNDS (3) Funds Invested by the Carbon Funds. the livelihoods funds strengthen their investments in africa to support companies in their sustainability journey and 49cc7. Luxembourg WHITEWAVE AMERICAS SARL 100% The Livelihoods-Senegal project is the largest mangrove restoration program in the world. Who we are; Our team; Our History; What we do; Our partners; Our funds Furthermore, Danone is working to directly support and empower the members of our supply chains who are most vulnerable to forced labor. Proyek yang akan berlangsung selama sepuluh tahun ini bertujuan untuk mempertahankan rantai pasokan bebas deforestasi, meregenerasi 8. Total beneficiaries with access to safe drinking water and fortified food . Capitalising on a robust 10-year experience, Livelihoods is launching a third Livelihoods Carbon Fund Chanel, Danone, Eurofins, Global Environmental Facility, Hermès, L’OCCITANE Group, Mars, Mauritius Commercial Bank, McCain Foods, Orange, SAP, Schneider Electric and Voyageurs du Monde. Dedicated since 1919 to bringing health through food to as many people as possible, Danone is a leading multi-local food & beverages company. To guide this Danone operates several funds including: danone. Emmanuel Faber’s biography Born on January 22, 1964 Non-Independent Director French nationality Seniority in Danone Group: October 1997 The first Livelihoods Carbon Fund was created in 2011 after a few years of incubation and field experimentation within Danone, an international dairy and beverage company. The Livelihoods Inscrivez-vous et recevez notre newsletter pour rester à jour sur Livelihoods ! A total of 15 corporate & financial investors are joining forces in this 3rd Livelihoods Carbon Fund and are committed for the long run, 24 years: Bel Group, Chanel, Danone, DEG, Eurofins, Global Environmental Facility, Hermès, l’Occitane Group, Mars, Mauritius Commercial Bank, McCain Foods, Orange, SAP, Schneider Electric and Voyageurs du Monde. The ambition of Danone Fund Ecosystem is to raise the standards of dairy farming in Mexico, to ensure that farmers have access to markets for their milk and, as a • We will also draw on the experience of the funds Danone has created with partners in civil society—the danone. Luxembourg DANONE RE 100% Luxembourg LIVELIHOODS FUND SICAV SIF (1) 37. By Livelihoods ; June 20, 2019 With the support of Danone Ecosystem, la Centrale Laitière and GIZ International, the H’lib Bladi project aims to improve the livelihoods of dairy farmers, in co-funding. The Livelihoods Carbon Fund 2 invests in a large-scale agroforestry and fruit tree planting project in the districts of Rulindo (Northern Province) and Bugesera (Eastern Province of Rwanda). These platforms ensure we focus on the right priorities and maximize our impact. Countries with active investment projects. Here in this resource rich eastern mountain range of peninsular India we are in partnership with the Adivasi community to create their own Danone's next step is a creation of the Danone Communities Fund, which provides technical and financial support to different projects that would bring launch new innovative investment fund, the Livelihoods Fund for Family Farming. The Danone Ecosystem Fund was established in 2009 when the financial crisis and rising unemployment had begun to seriously impact societies around the world. Milk collection centers renovated. In 2021, Danone, Mars, L’Oréal and L’Occitane Group joined forces with Livelihoods to develop an unprecedented initiative to help 2,500 smallholder farmers achieve a sustainable transition for palm oil in Sumatra island. communities, created in 2007 to finance social business, [90] the Danone Ecosystem Fund, created in 2009 to provide support to Danone partners including farmers, subcontractors, and SAP investment in Livelihoods confirms the momentum that started one year ago when the Fund was initiated by Danone. 8M . In 2021 Danone created of the first supply chain for RSPO-certified segregated palm oil in the United States egistr sel- S E (2) 93% in 2020 89% in 2020 74% in 2020 of audits that identified - er SMETA p leted FUNDAMENTALS OF DUE DILIGENCE: Target: 98% by 2021 DANONE COMMUNITIES DANONE ECOSYSTEM FUND LIVELIHOODS FUNDS TARGET by 2021 10 M The Livelihoods Fund for Family Farming, an impact investment fund created by Danone, Firmenich, Mars and Veolia to foster sustainability and poverty reduction in supply chains, is investing in a large-scale vanilla project with an innovative model where farmers and industry players share both benefits and risks. By Livelihoods ; About Livelihoods Venture: Livelihoods Venture is a social business mandated by the Livelihoods Funds to lead the origination, the design and the monitoring of the projects in which the funds invest. The fund invests directly to empower farmers, help them succeed in the transition to sustainable sourcing through efficient agricultural practices, and often the replantation of The Livelihoods Fund co-designed the project and bears the investment risk by providing upfront financing for its implementation and monitoring. Major Brands and Livelihoods team up for sustainable palm production. Personal Investments. The Livelihoods Carbon Funds were created by companies that are committed to combating climate change and transforming their own production models. It will invest €120 million to build sustainable agricultural supply chains in 14 COMPANIES & FINANCIAL INVESTORS JOIN FORCES TO ACCELERATE AND SCALE-UPNATURE-BASED SOLUTIONS Capitalizing on a robust 10-year experience, Livelihoods is launching a 3 rd Livelihoods Carbon Fund (LCF3) to support rural communities in their effort to preserve or restore their natural ecosystems and improve their livelihood through Social Bond: allocated amount since 2015 / Total cost to Danone since project′s launch. The project, spanning ten years, aims to sustain a deforestation-free supply chain, regenerate 8,000 hectares of degraded land, restore local biodiversity in 3,500 hectares, and improve the livelihoods of DANONE ëCOSYSTEME DANONE ëCOSYSTEME LIVELIHOO Act today for a better future PRESS RELEASE LIVELIHOODS MARS rated Danone & Mars, Incorporated, to be rounding investors behind Livelihoods Fund for Family Farming, an innovative platform open to all companies ro 120 in rhe 10 'o profits helping than 200,000 2 people crops. 6 Country Legal name Ownership Luxembourg WHITEWAVE AMERICAS SARL 100% Mexico DANONE MEDICAL NUTRITION MEXICO SA DE CV (liquidation process) 100% Mexico DERIVADOS LACTEOS FLN-DDM SA DE CV 100% The following list includes all Danone consolidated or equity companies as December 31, of ,20 being 21 specified that it does not include subsidiaries of companies under equity method. To this end, we created four social innovation funds, among them the Danone Ecosystem Fund and the Livelihoods Fund for Family Farming, whose projects help Adapting farming practices to respond to these risks requires major investment, which threatens the livelihoods of family farmers who can’t afford such expenditure. Social Bond: allocated amount since 2015 / Total cost to Danone since project′s launch. In 2022, the Livelihoods Funds reached a turning point. To this end, we created four social innovation funds, among them the Danone Ecosystem Fund and the Livelihoods Fund for Family Farming, whose projects help The Livelihoods Carbon Funds were created by companies that are committed to combating climate change and transforming their own production models. In 2009, the Danone Ecosystem Fund was founded and initiated 75 projects in 30 countries, impacting positively on 56,000 people. The fund bears the investment risk and pre-finances the project activities to structure the supply chain. Who we are; Our team; Our History; What we do; Our partners; Our funds Moments of excitement at l’Usine in Saint-Denis -France- on 4 and 5 July, 2011. For more information, please contact: livelihoods improvement, carbon capture and more sustainable water resource management. Danone, Firmenich and Created in 2015, the Livelihoods Fund for Family Farming (L3F) is an innovative investment vehicle of the Livelihoods Funds co-founded by Mars Incorporated and Danone, later joined by Firmenich and Veolia. ). communities. Livelihoods is a unique new investment fund that gives fund partners access to carbon credits with “strong social impact. 92. dommunities fund 2008 Creation of the Livelihoods fund 2009 • Creation of the Danone Ecosystem Fund • Nutrition Health Charter 2010 Deployment of the Dan’Cares program to provide all employees with healthcare coverage 2011 Danone – IUF agreement on health, safety, working conditions and stress 2012 Forest The Livelihoods Funds, impact investment funds that aim at building more resilient communities, ecosystems and businesses, are supported by 12 companies: Crédit Agricole, Danone, Firmenich, Groupe Caisse de Dépôts, Hermès, La Poste, Mars, Inc. It includes households equipped with Livelihoods efficient cookstoves Crédit Agricole, Danone, Firmenich, Hermès, Michelin, SAP, Schneider Electric & Voyageurs du Monde accelerate their actions for climate & the most vulnerable populations This new impact investment fund, with a target of 100 million euros, aims at improving the lives of 2 million people and avoiding the emissions of up to 25 million tons of CO2 over a 20-year span. 67% Luxembourg SOJINAL SAS 100% Luxembourg WHITEWAVE AMERICAS SARL 100% INTERVIEW: Join forces to preserve water in Brazil. As part of the social bond, proceeds are allocated to projects supporting these funds and social benefits expected from these projects are the following: 3 Danone Communities is a venture capital fund supporting early-stage social businesses solving the dual issues of water access and malnutrition. L3F – Livelihoods Fund for Family Farming; LCF- Livelihoods Carbon Funds; L3F – Livelihoods Fund for Family Farming; We empower farmers by helping them access training, equipment and financing. Necessary cookies are absolutely essential for the website to function properly. Capitalizing on a robust 10-year experience, Livelihoods is launching a 3 rd Livelihoods Including € 119M of co-funding from project partners LIVELIHOODS FUND FOR FAMILY FARMING LIVELIHOODS CARBON FUND #1 LIVELIHOODS CARBON FUND #2 trees planted since 2011 Launched in 2018 with the objective of accelerating actions forclimate and most vulnerable populations Social businesses fighting against poverty by giving access to L3F – Livelihoods Fund for Family Farming; LCF- Livelihoods Carbon Funds; Projects; Blog; Careers; Contact; Danone. In Aguascalientes, Livelihoods Funds have designed a project to enable vulnerable farmers to invest in drip irrigation equipment and improve the resilience of their farms. medical industry as well as at Danone where he led the milk sourcing strategy during milk market liberalization coordinating a network of 6,000 Danone ommunities Danone Ecosystem (DE) Livelihoods arbon Fund Livelihoods Fund for Family Farming Exhaustive 2023 ompliance Data Responsible practices: Ethics and Integrity Danone Way 2023 Data For more detailed information, please refer to Danone 2023 Universal Registration Document and 2023 Annual Integrated Report. The Third Livelihoods Carbon Fund (LCF3) has a deployment target of €100 million with the aim to improve the lives of 2 million beneficiaries in LIVELIHOODS FUNDS (3) Funds Invested by the Carbon Funds. It will invest €120 million to build sustainable agricultural supply chains in • We will also draw on the experience of the funds Danone has created with partners in civil society—the danone. This fund was launched by Danone at end-2011 and has now been joined by other large corporations. An innovative investment model to tackle farmer income and nature preservation 3 1. The scope of the partnership is broad and ambitious, with five key areas for cooperation: The Livelihoods Fund for Family Farming (L3F) is an investment vehicle that has been created precisely to fill this gap and foster a systemic change in agriculture, particularly with smallholders. People positively impacted by the Carbon Funds (I & II) 1. 14 COMPANIES & FINANCIAL INVESTORS JOIN FORCES TO ACCELERATE AND SCALE-UP NATURE-BASED SOLUTIONS. 55% Luxembourg WHITEWAVE ASIA SARL 100% Dive Brief: Mars and Dannon have helped set up a fund to improve vanilla quality and reduce poverty among Madagascan farmers, Just-Food reports. Number of Investments 1. Here again, this carbon reduction target And we decided to work with Haidar and the team of Oceanium giving him the means to realize a major project thanks to carbon finance and Livelihoods Fund supported by companies such as Danone-Evian, Schneider Electric, Credit Agricole, CDC Climate, La Poste. Created in 2015, the Livelihoods Fund for Family Farming (L3F) is an innovative investment vehicle of the Livelihoods Funds co-founded by Mars Incorporated and Danone, later joined by Firmenich and Veolia. Globally it is a €25 billion ($29. Luxembourg DANONE RE 100% Luxembourg: LIVELIHOODS FUND SICAV SIF (1) 37. 10M. The following list includes all Danone consolidated or equity companies as December 31, 20being 20of, LIVELIHOODS FUND SICAV SIF (1) 37. Similarly to the . The Group renewed its commitment twice: in 2017 when it joined the 2 nd Livelihoods Carbon Fund and in 2021, when the 3 rd Livelihoods Carbon Fund was created to accelerate climate action with About Livelihoods Venture: Livelihoods Venture is a social business mandated by the Livelihoods Funds to lead the origination, the design and the monitoring of the projects in which the funds invest. They are about 200 people from fifteen different countries were left. He explains what drives Danone in engaging in this new business coalition to promote biodiversity In this complicated backdrop, the Livelihoods Fund chose to adopt an approach that radically transforms vanilla production, first processing and commercialisation conditions by leveraging three drivers: first, a group of companies – Danone, Firmenich, Mars and Prova, ready to commit in the longer term (10 years minimum) by supporting the project and buying initiatives in the region harnessing Danone’s value chain with implementing partners, Livelihoods Funds and the Danone Ecosystem Fund, while also empowering local communities, and protecting the environment. Danone is working with farmers to adopt, implement, and scale up regenerative agricultural practices, with the aim to Since 2009, he has served as the Chairman of the Steering Committee of the Danone Ecosystem Fund, and in December 2011 he was named member of the Steering Committee of the Livelihoods Fund. Through projects supported by the Danone Ecosystem Fund and the Livelihoods Funds, Danone has provided financial and technical support to over 100,000 farmers worldwide. Haidar El Ali au milieu de jeunes qu’il sensibilise the livelihoods funds strengthen their investments in africa to support companies in their sustainability journey and press release- paris, march 14, 2019. Private companies invest in the funds to get carbon credits with Since 2009, he has served as the Chairman of the Steering Committee of the Danone Ecosystem Fund, and in December 2011 he was named member of the Steering Committee of the Livelihoods Fund. 9M. It aims to support companies’ efforts to make their Through its Livelihoods Fund for Family Farming (L3F), Livelihoods has pre-financed the project activities and gathered a coalition of farmers, businesses, NGOs and public institutions . % 74% (a) This practice is calculated on Danone Way scope, refer to our Methodology Note (b) The Business sustainability programs should satisfy both criteria: Livelihoods Carbon funds 2,8 0,7 3,5 Danone Communities 18,5 - 18,5 CPM Milk Supply 14,0 - 14,0 Danone US Pledge - non GMO Project 15,0 10,2 25,2 Health for Life Capital 11,6 - 11,6 Danone Manifesto Ventures 9,3 - 9,3 Dan' Cares - 0,4 Menu. Livelihoods Venture operates in Africa, Asia, Latin America and Europe with a team of 50 agronomists, foresters, rural development practitioners DANONE 2030 GOALS IN LINE WITH THE LIVELIHOODS FUND FOR FAMILY FARMING LIVELIHOODS CARBON FUND (compartment #1) LIVELIHOODS CARBON FUND (compartment #2) trees planted since 2011 Social businesses fighting against poverty by giving access to safe drinking water and adapted alimentation. We support Decent Work by enabling low-income workers and their families to earn their own livelihood and obtain better-paying employment. • Our food chain vision incorporates social, environ-mental and economic priorities into a single approach covering all of our operations. 15. (a) Livelihoods Carbon Fund Scope (Refer to our Methodology Note) (b) Number of people whose livelihoods are improved thanks to projects' benefits: more resources available (fish, food, cash crops, etc. I 25 I. Impact funds. Danone's subsidiaries and equity holdings as of December 31, 2018 The following list includes all Danone consolidated or equity companies as of December 31, 2018, being Luxembourg LIVELIHOODS FUND SICAV SIF (1) 36. They will invite other companies and With initial support from Danone, and subsequently from the Livelihoods Fund, the replantation area now includes 10,000 hectares. Blog. Capitalizing on a 10-year track-record with corporate investors, Livelihoods is launching a 3 rd Carbon Fund to help corporates, financial investors and cities accelerate climate action and deliver social impact at scale. The funds rely on the support of private companies committed to promoting sustainable development while reducing their carbon footprints or transforming their supply chains, as well as engagement with public organisations, NGOs and civil society to In Kenya, Livelihoods has invested, in partnership with Climate Pal, in an ambitious project to give off at a large scale improved cook-stoves and to create a community dynamic of reforestation and small-scale agriculture. In his former position of Vice-President of Sustainability and Shared Value Creation of Danone, he developed an ambitious carbon reduction and offset policy. planet’s. To this end, we created four social innovation funds, among them the Danone Ecosystem Fund and the Livelihoods Fund for Family Farming, whose projects help Water preservation and fight against poverty: LIVELIHOODS’ BET IN RIO. Launched in 2021, LCF3 is a $150 million fund that invests in large-scale natural ecosystem restoration, agroforestry, and rural energy projects in Inițiativele noastre sociale sunt derulate prin intermediul celor 3 fundații: The Danone Ecosystem Fund, Danone Communities și Livelihoods Funds – a căror misiune este să găsească soluții la provocările cu care se confruntă planeta (sărăcie, degradarea mediului, schimarea climatică, accesul la apă) și să genereze modele inovative de business mai incluzive și având un Danone’s standards ensuring water returned to nature is of adequate quality for downstream ecosystem and users. Luxembourg DANONE RE 100% Furthermore, Danone is working to directly support and empower the members of our supply chains who are most vulnerable to forced labor. In Mexico, a growing deficit has led to a high percentage of imported milk. To guide this The projects are organized into four areas, corresponding to key activities in Danone’s value chain: Sourcing & Watershed, for the sustainability of water resources and the sustainable sourcing of key raw materials; Distribution to create new product distribution channels; Caring Services to strengthen knowledge and access to nutrition and health services; and Recycling Through its Livelihoods Fund for Family Farming (L3F), Livelihoods has pre-financed the project activities and gathered a coalition of farmers, businesses, NGOs and public institutions . Livelihoods Fund provides upfront financing for project implementation and maintenance over a period of 10 years. With the support of the Danone Ecosystem Fund, Evian, the Communauté de Communes du Pays d’Evian and SICA Terragr’Eau Methanisation, The Livelihoods Carbon Fund and the Livelihoods Fund for Family Farming aims to sequester 10 million tons of CO2 by financing rural environmental restoration and energy projects and promoting sustainable agriculture. communities fund, the Danone Ecosystem Fund, and the Livelihoods Fund. To guide this The Social Business Fund supports social entrepreneurs and their innovative companies that aim to provide low-income sections of the population with access to water or healthy food. By Livelihoods ; June 20, 2019. . Danone's subsidiaries and equity holdings as of December 31, 2020 . DANONE 2030 GOALS IN LINE WITH THE FUND #1 LIVELIHOODS CARBON FUND #2 trees planted since 2011 Launched in 2018 with the objective of accelerating actions forclimate and most vulnerable populations Social businesses fighting against poverty by giving access to safe drinking water and adapted alimentation The Inter-American Development Bank and Danone Announce Partnership Paris, France, June 9th 2017 - The Inter-American Development Bank and Danone announced today they are joining forces with Livelihoods Funds and the Danone Ecosystem Fund to develop disruptive business solutions that boost economic growth in the Latin week-long field and classroom training presented by the Livelihoods Fund, facilitated by UNIQUE Forestry and Land Use, and hosted by the NGO, YAGASU, of Indonesia. , Michelin, SAP, Schneider Electric, Veolia and Voyageurs du Monde. In return, those involved - including Danone, Chanel, McCain Foods, and L’OCCITANE Group - will receive an estimated 30 million carbon credits over the duration of the fund. We empower farmers by helping them access training, equipment and financing. Certain Danone brands such as Evian have achieved reductions that exceed 40% and are striving to achieve carbon neutrality thanks to the innovative measures of the Livelihoods Fund. Danone Ecosystem Fund Livelihoods Carbon Fund Livelihoods Fund for Family Farming Exhaustive 2021 Compliance Data Responsible practices: Ethics and Integrity Danone Way 2021 Data. The brand has committed to source crude palm oil purchased through Musim Mas, during 10 years as well. Mars and Danone both play a key role in investing in the project’s development costs, while ensuring long-term access to market for smallholders. 7 million trees and train close to 30, 000 farmers to sustainable agriculture. 2 As part of the Renew Danone strategy, in 2023, we reframed our sustainability roadmap as the Danone Impact Journey. The fund invests directly to empower farmers, help them succeed in the transition to sustainable sourcing through efficient agricultural practices, and often the replantation of Menu. Quality healthcare and parental support Dan’cares Livelihoods Carbon Funds (LCF1 and LCF2) The contribution is equal to the % of the whole investments of Danone in Livelihoods Carbon Funds since the project's launch that has been allocated to the Social At Danone, we’re working with our 64,000 farmers to support them in their transition towards regenerative agriculture - a more sustainable way of farming that protects water resources. Exhaustive 2021 Environmental Data set Unit 2020 2021 TARGET TARGET YEAR BASELINE EXTERNALLY VERIFIED CORRESPONDING GRI STANDARDS RELATED SDG At Danone, we are already taking action, such as our long-standing involvement with the Livelihoods Funds, of which we’ve been a founding partner since 2011. Schneider Electric, the leader in the digital transformation of energy management and sustainability, announced today that it is joining the third Livelihoods Carbon Funds (LCF3) to support local communities in restoring natural ecosystems. • Fix carbon in forests and natural ecosystems: the Livelihoods Fund, established by Danone with nine Likewise, Veolia and Danone can go beyond their operations perimeter with this partnership to act towards the sustainability of the aquifer. ) and more resilient ecosystems (restoration of agricultural Food and beverage giant Mars, Incorporated, has joined up with healthy food brand Danone to launch the Livelihoods Fund for Family Farming (Livelihoods 3F), an impact fund New fund to invest 120 million euros in the next 10 years to implement projects in Africa, Asia and Latin America, helping more than 200,000 smallholder farmers and 2 million The Livelihoods Fund for Family Farming is an impact investment fund created by Danone, Mars, Firmenich and Veolia in 2015. 0. 2 Danone is also a funding member of the Livelihoods Fund for Family Farming. Three companies have invested in the fund at its inception in December 2011: Credit Agricole, Schneider Electric, CDC Climat. The following list includes all Danone consolidated or equity companies as December 31, of , 20being 22 specified that it does not include subsidiaries of companies under equity method. The objectives were defined: to know each other, to propose some areas of work, to think and organize work in community. bnri2qy6 Luxembourg DANONE RE 100% Luxembourg LIVELIHOODS FUND SICAV SIF (1) 37. worldwide. hfiqup szfl fnzfh cflmlgtl vpve lbvhe zwtx jhme ieizh gqjs