Through Sofiprotéol, its finance and development arm, Avril is committed to supporting the structuring and development of agricultural and agrifood sectors.
Sofiprotéol's sustainable commitment
As a finance and development company and subsidiary of the Avril Group, Sofiprotéol focuses mainly on the vegetable oils and proteins sectors. Its role is to support company creation, development and innovation, from farming upstream to consumers downstream. In the form of minority stakes or loans, Sofiprotéol’s commitments are for the long term.
Funding to serve its sectors
As a manager of agricultural funds, Sofiprotéol’s mission is to support all actors in its sectors in order to reinforce each link in the value chain. Investment decisions are taken by Commitment Committees that represent the interests of different stakeholders in the sectors. Sofiprotéol thus provides support for more than a hundred companies employing 110,000 people..
Socially responsible investment
Sofiprotéol’s undertakings are laid down in its code of conduct:
- To support projects of all sizes and provide finance for all appropriate sectors, without applying any exclusion criteria.
- To evaluate projects in terms of their societal qualities based on a grid of non-financial analytical criteria which are in line with Avril’s sustainable development strategy.
- To finance innovation without requiring short-term profitability, so that farmers can prepare better for the challenges of the future.
- To reinvest the great majority of the profits achieved in serving the oils and proteins sector or closely-related agricultural sectors.