NATURALLY

SUSTAINABLE

2024 was a defining year for Invesmar. From the global expansion of our operations to the strengthening of our sustainability team, each milestone deepened our commitment to an ethical, resilient business model rooted in the social and environmental realities of the territories where we operate.

This report invites you to revisit the progress made in 2024, a year in which we reaffirmed our long-term vision, enhanced our operations, and created shared value for people and communities.


2024 IN FIGURES

At Invesmar, our sustainable purpose shapes every action across three strategic pillars

A solid corporate strategy
A strong commitment to ethics and sound corporate governance
A constantly evolving sustainability model

net hectares of banana and avocado production
tons of fruit commercialized through IFC International and Odaly
countries reached with our fruit

containers mobilized

tons of plastic produced

hectares treated through our phytosanitary control programs
million boxes produced

direct employees

of leadership positions held by women

Zero (0)

confirmed cases of discrimination
USD

3,864,451

invested in external social programs (+5% compared to last year)
beneficiaries of programs in education, housing, health, sports, and development
trees planted for conservation
hectares under conservation
We extended our Carbon Neutral certification through 2028 for all Invesmar Investments companies

OUR ORGANIZATION


We are an international holding driven by a sustainable purpose: to ensure the profitability of our operations while generating a positive impact on communities and protecting the planet we all share.

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Greenplus
Spain

Capital investor and owner of GreenLand.

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Greenland
Colombia

Agro-industrial ecosystem operating across agriculture, industry, services, and real estate, with a focus on sustainability and transparency.

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IFC International Fruit Company, LLC
United States

Commercializes bananas and plantains in European markets, ensuring that the products come from Colombian farmers certified under international standards that guarantee cargo safety and product quality.

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IF Company
Colombia

Ensures compliance with agreed volumes and quality standards for clients.

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Ituren
Spain

Investor in companies engaged in palm cultivation and agricultural production.

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Vitas group
Panama

Manages the supply of raw materials for packaging production, primarily for the agricultural sector, with plans to expand into other industries through the commercial management of exports and imports. Its extensive know-how in the paper business enables it to steer the sourcing of this input for the holding company.

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Odaly
Uruguay

Commercializes sustainable products from Colombian agriculture. Currently exports Hass avocados to U.S. and European markets, and soon, Colombian Tahiti limes.


OUR VISION

At Invesmar, we are guided by clear principles of responsible investment to develop projects that deliver triple impact. This is a rigorous process, where every prospect must meet a series of filters before moving forward:

Exclusions



Avoid investments that have a significantly negative impact on the Sustainable Development Goals (SDGs).

Active Ownership



Given Invesmar’s ownership model, the Business Committee actively participates in the ongoing evaluation of ESG criteria.

ESG Analysis and Alignment



Incorporate Environmental, Social, and Governance (ESG) criteria, aligned with sustainability goals for 2030–2060. These include: protection and care of biodiversity; carbon neutrality; responsible water management; maximizing benefits through a circular economy; community transformation; and intergenerational engagement, among others.

Adopt metrics and disclose international sustainability standards.


OUR SUSTAINABLE PURPOSE

We also operate under a sustainability model that reflects the shared purpose of our entire organization and the principles that guide our day-to-day operations.

We believe the private sector plays a key role in achieving the Sustainable Development Goals (SDGs).

We are committed to generating triple impact (social, environmental, and economic) by assessing risks with rigor and proactivity, designing action plans, and measuring our impacts through the lens of sustainable investment principles.

Sustainable businesses are the only ones with the ability to endure over time, create shared value, and serve markets that are increasingly aware of industry impacts.

In 2024, we updated our materiality assessment to further align our business strategies with core sustainability principles. To do so, we held consultations with business leaders and both internal and external experts, supported by an in-depth review of global and local sustainability trends:

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ENVIRONMENTAL

NATURE-BASED SOLUTIONS

  • Climate action
  • Water
  • Biodiversity
  • Circular economy
  • Soil management with a regenerative agriculture approach
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BUSINESS

WE MAKE THINGS HAPPEN

  • Value chain
  • Clients
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SOCIAL

WE CULTIVATE WELL-BEING

  • The best place
  • The best people
  • Territorial development
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GOVERNANCE

COHERENCE AND CORPORATE ALIGNMENT

  • Good governance
  • Ethics and transparency
  • Risk management

In parallel, we worked with a consultant and engaged with leaders from each business segment to reassess and prioritize our stakeholder groups, using criteria such as dependency, responsibility, tension, and influence.

These efforts reflect our unique business vision—one that places sustainable development at the heart of every decision we make.

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OUR PEOPLE

We are fully aware that our greatest strength comes from the 5,293 employees that make up Invesmar’s human network:

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are men

are women

have been with the company for over 20 years. In 2024 alone, 908 young people between the ages of 18 and 28 joined our team—326 of them women.


OUR COMMUNITIES

We are also deeply committed to generating shared value in the territories and communities where we operate. In 2024 alone, we invested USD 3,864,451 in social programs. At the heart of these efforts is our Foundation, which works across four strategic areas:

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We strengthen skills and capacities for human and community development.

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beneficiaries

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We promote recreation and high-performance sports training.

0
beneficiaries

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We promote prevention and healthy lifestyle habits.

0
beneficiaries

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We support access to safe and dignified infrastructure.

0
beneficiaries
0

projects implemented in our internal, neighboring, and partner communities

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beneficiaries from our neighboring and partner communities

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alliances with 217 institutions, including local stakeholders, social organizations, and public institutions

0

beneficiaries from our internal community


OUR ENVIRONMENTAL MANAGEMENT

At Invesmar, we have developed a comprehensive set of strategies to effectively manage our environmental impacts. These strategies are implemented through specific plans, programs, and policies that guide our actions toward a more sustainable future.

In 2024, our environmental efforts led to significant progress across our corporate offices in Colombia, Panamá and Uruguay, further strengthening our commitment to sustainable development.

GHG EMISSIONS SCOPE 1 AND 2

27,106.79

Scope 1 (tons CO₂ Eq)

2,331.32

Scope 1 (tons CO₂ Eq)

1,542.66

Scope 2 (market-based) (tons CO₂ Eq)

ENERGY CONSUMPTION WITHIN THE ORGANIZATION

832,454

gallons of fuel consumed (diesel, gasoline, Jet A1, marine diesel)

108,026,570.66

megajoules of fuel consumed (diesel, gasoline, Jet A1, marine diesel)

13,519,652

kWh of electricity consumed

48,670,748

megajoules of electricity consumed

156,564,481.79

megajoules of total energy consumption

Source: UPME (2024)

WITHDRAWAL

6,583.75

2023

3,972.36

2024

-39.66%

Variation

DISCHARGE

307.68

2023

273.64

2024

-11.06%

Variation

CONSUMPTION

6,276.07

2023

3,698.72

2024

-41.07%

Variation

WASTE NOT DESTINED FOR DISPOSAL

2,838.62 t

2023

3,160.06 t

2024

11.32%

Variation

WASTE DESTINED FOR DISPOSAL

462.51 t

2023

578.57 t

2024

25.09%

Variation

TOTAL WASTE GENERATED

3,301.1 t

2023

3,738.63 t

2024

13.25%

Variation

TREES PLANTED (#)

7,556

2022

13,474

2023

7,866

2024

AREAS CONSERVED (ha)

2,002.88

2022

1,549.69

2023

1,481.15

2024

ORGANIC FERTILIZERS
(kg)

28,469,124.07

2023

31,697,456.85

2024

LIQUID SYNTHETIC FERTILIZERS (L)

62,504.69

2023

77,832.15

2024

SYNTHETIC FERTILIZERS (kg)

23,391,815.40

2023

38,967,810.47

2024