📋 Tender Overview
Project Number
608942
Sponsor
Lafeki (Pty) Ltd
Date SCCP Disclosed
Jun 3, 2025
Country
South Africa
Region
Africa
Last Updated Date
Industry
Manufacturing, Agribusiness & Services
Sector
A-A - Crop Production
Department
Regional Industry - MAS Africa
Project Summary
Scope of Engagement: The Upstream engagement will focus on addressing Environmental and Social (E&S) issues that could potentially hinder the transaction by ensuring the clientis compliant with IFC's E&S Performance Standards. Specifically, the engagement will include: 1. Risk Assessment: Conduct a risk assessment of soybean sourcing in alignment with Performance Standard 2 (PS2) and Performance Standard 6 (PS6) supply chain requirements. 2. Supplier Mapping and Traceability: Develop a mapping of suppliers and implement continuous traceability and risk screening of soybean suppliers, particularly regarding forced labor, child labor, and deforestation risks.
E & S Information
The Upstream engagement will help address any E&S issues that could be deal breakers to the transaction. The detailed Project Activities will include the following: i) Risk assessment of the soybeans sourcing required as raw materials for the crushing facility, especially as per PS2 and PS6 supply chain-related requirements. ii) Development of mapping of suppliers and continuous traceability/risk screening of soybean suppliers, as it relates to forced labour, child labour and deforestration. iii) Develop client Supply Chain Management system (e.g. Supplier Code, continuous traceability/risk screening of suppliers, sustainability sourcing strategy and programs with producers, including promotion of Good Agricultural Practices (GAPs). iv) Independent verification of implementation effectiveness of client’s Supplier Code.