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AgriNurture, Inc. (ANI) is a Philippine listed agro-commercial business that is focused on the export and trading of organic produce from such as fresh vegetables, fruits and grain from the Philippines to the rest of the world.
But ANI is no ordinary agriculture company. As a business, it aims to become one of the top agro-commercial firms in the Philippines that is also among the most environment friendly and sustainable businesses in the country.
ANI's overarching farm-to-plate concept spurs innovations and supports a low-carbon, climate resilient, productive agriculture and healthier Philippine society.
With this goal in mind, ANI is planning to issue up to 75 million Euros in long term Green Bonds in the European Union, proceeds of which would the cost of ANI's planned transition to environmentally sustainable food production techniques and associated finance initiatives.
Furthermore, ANI will develop and employ specific environment-friendly methods in its business operations such as the utilization of renewable energy, pollution prevention and control, environmentally sustainable management of living natural resources, environmentally sustainable forestry and clean transportation, among others.
For investors, this would mean attractive tax-free returns while having the opportunity to participate in financing the corporate environmental strategy of a cutting-edge Southeast Asian organic production and export company committed to Green Bond Principles.
MEDIUM GREEN CERTIFICATION
ANI has obtained a certification from Cicero Shades of Green, an international research and rating agency, for the 75 million Euro Green Bond offer.
ANI received the Medium Green certification, which is a high rating allocated to "projects and solutions that represent steps toward the long-term vision."
This is the first to be given to a Philippine company and highest to an agricultural firm.
A green bond is a bond that funds environmentally friendly projects or innovations. Portions of the capital raised are directed to specific measures that help the environment such as those related to clean water, renewable energy, energy efficiency and climate change adaptation.
Green bonds provide investors the chance to invest responsibly in companies or projects that have positive impact on the environment.
THE WORLD BANK
Green bonds are relatively new. The first entity to issue green bonds was the World Bank, which started in 2008.
In 2019, the World Bank issued over $13 billion in funding for issues related to climate change.
The World Bank's green bond program has committed more than $30 billion to programs for green projects such as renewable energy, transport and disaster risk management in cities around the world.
In all, investors betting on Green bond will see the fruits of their investments not just in terms of the yield they will get but more importantly, on the positive impact on the environment and that could be priceless.
FILIPINOS love rice. The crop is a staple in every Filipino household.
The bad news is that rice production in the Philippines is on the decline.
Through the years, as the Philippine population grew, the country soon faced a perennial rice shortage.
This was aggravated by climate change conditions and the lack of government planning in rice production.
According to the Philippine Statistics Authority (PSA), Filipinos consume 118.81 kilograms of rice annually, equivalent to 325.5 grams of milled rice daily.
With a current population of 108.66 million, the country’s total annual consumption amounts to 12.9 million metric tons, the PSA said.
Indeed, annual rice production is on the decline. The projected milled rice production for the Philippines for 2020 to 2021 amounts to 11.7 MMT which is 1.9 percent lower than the 11.927 MMT recorded in the previous market year, according to the Department of Agriculture (DA).
But the good news is that Philippine-listed AgriNurture, Inc., in partnership with the DA, has come up with an innovative rice alternative that is even more nutritious than rice itself.
BigMa, which stands for Bigas-Mais is a rice-corn blend.
It is low glycemic, making it a healthier substitute to rice.
Choosing low glycemic foods helps curb blood sugar spikes and reduces the risk of diabetes. On the other hand, high glycemic foods increase insulin and blood sugar levels.
Corn itself has several health benefits as it contains B vitamins and essential minerals such as zinc, magnesium, copper, iron and manganese.
Indeed, BigMa is a healthier alternative to rice, which is especially important in this time of the COVID-19 health pandemic.
It also addresses the perennial shortage of rice as the staple food in the Philippines.
To increase the production of BigMa, ANI has inked a 25-year agreement with the Davao’s Unified Bagobo-Tagabawa Tribe (UBTT).
A portion of the ancestral land will be developed into rice and corn plantations.
In all, UBTT will be in charge of providing land and manpower to grow white corn to produce BigMA.
The project will generate direct and indirect employment for members of the tribe, as well as residents of nearby communities. Food production will likewise increase, improving Filipinos' access to food.
The initial phase of the project with UBTT involves the planting of corn on 1,000 hectares. The total target area covers 10,000 hectares within UBTT’s ancestral lands.
With the foundation for BigMa's production in place, this healthy rice-corn blend is sure to become a household name in Filipino homes.
Currently, ANI conducts its business through operating divisions and wholly-owned or majority-owned subsidiaries that are organized into two (2) groups, namely: (i) Philippine Operations and (ii) Foreign Operations. The following are the main business we do.
RETAIL AND FRANCHISE DIVISION
“We are committed to our vision, loyal to our brands, and dedicated to our cause.”
ANI traces its humble beginnings in 1997 as a trader of post-harvest agricultural machineries that help improve the productivity and income of rural Filipino farmers. Formerly known as Mabuhay 2000 Enterprises, Inc., it eventually diversified into various agro-commercial businesses and has become one of the country’s top fresh mango exporters to the world markets.
At present, ANI also supplies other home-grown fruits such as banana and pineapple to customers in Hong Kong, Mainland China, the Middle East and to the different European regions.
A global leader in providing nourishment from farm to plate
OUR CORPORATE VALUE
Care for People