To our stakeholders:
Our goal at Produce Pay has always been to help feed the world in a sustainable way. While our efforts have generated material improvements to our customers’ operational stability and overall business outlook, we felt something was lacking in our pursuit of sustainability. This is why we made a formal commitment to the United Nations Global Compact to solidify our newest and proudest venture yet - a commitment to purpose.

We are opening the way to a long-term path of sustainable growth. A path that will create for more quality driven risk-return profile and deliver the most value to our shareholders, customers, and employees.
I am pleased to confirm that Produce Pay reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption; and at this moment its working in the implementation of a sustainability strategy along its operations and its value chain.

In this first annual Communication on Progress, we describe our first steps to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also committed to sharing this information with our stakeholders using our primary channels of communication.

Sincerely yours,
Ben Dusastre

President

Equality, Diversity, and Inclusion are important considerations in relation to the way in which farms operate, and by extension – our business operates. Labor Practices have taken center-stage in our corporate landscape.
For Produce Pay, respect for human rights is fundamental throughout the value chain of our operations. We seek to generate a positive relationship with the communities surrounding the projects we support and generate standards aligned with international practices in this area.
Through our monitoring processes, we ensure that there is no recruitment of children and that fair employment opportunities are provided for indigenous people.

We have stablished an E&S policy that promotes respect for the environment, communities and fair labour practices.
We have stablished an external communication channel to understand the main concerns of our customers and the communities surrounding to them.
With support of the IFC, we have developed an Environmental and Social Management System (ESMS) that is in implementation along our operations and our value chain.
In this ESMS we are incorporating the Performance Standards of IFC and promote the respect and good relations with the communities specially those that could have indigenous people.

For now, and as a first step, we are working to create a framework with KPIs aligned to the SDGs and ESG standards that report quantitative results. We expect at the end of the year have our first social and environmental report.
We have created and communicated our Environmental and Social Policy. That also is updated in our website: https://producepay.com/sustainability/

Produce Pay is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, religion, creed, color, age, sex, sexual orientation, gender, gender identity, gender expression, national origin, ancestry, marital status, civil union status, medical condition, disability (mental and physical), military and veteran status, pregnancy, childbirth and related medical conditions, or any other characteristic protected by applicable federal, state, or local laws and ordinances.
Within our Environmental and Social Management System we have implemented a monitoring process to comply with fair labor practices and health and safety standards.

The health and safety of employees and others for Produce Pay are of critical concern. Produce Pay intends to comply with all health and safety laws applicable to our business, ensuring that work areas are kept safe and
free of hazardous conditions.
We ensure workers are provided safe, suitable and work facilities in this pandemic situation; all of our employees can work from home.
We have taken steps to maintain our corporate culture despite the pandemic of COVID-19 and support the network spaces for our employees.
Our corporate culture is based on the recognition of efforts to achieve business goals.
Ensure that employment-related decisions are based on relevant and objective criteria.
We are working to create and implement a formal an internal communication mechanism for queries and concerns of our employees: This will allow strength the relation with our principal stakeholders, our employees. Feedback is fundamental to improve our business operation.

For now, and as a first step, we are working to create a framework with KPIs aligned to the SDGs and ESG standards that report quantitative results. We expect at the end of the year have our first social and environmental report.
We have created and communicated our Environmental and Social Policy. That also is updated in our website: https://producepay.com/sustainability/

“You reap what you sow”. Our core business operations support financial expenditures from start to finish of fresh produce farming. Therefore, our commitment to environmental sustainability has the ability to be impactful at each step, to make optimal use of resources through technology, have good water management, avoid impacts on biodiversity, among other actions that we are promoting throughout our value chain.
For Produce Pay, caring for the environment is a fundamental part to guarantee the growth of our business. Therefore, we ensure that our clients have good practices for the management of their waste, respect for biodiversity and resource efficiency.

We are working in the quick creation of a sustainability committee with the board directors to prioritize our environmental concerns and the corrective actions to take.
We ensure the minimize the use and ensure safe handling and storage of chemical and other dangerous substances.
We are strengthening our risk profiles (incorporating social and environmental issues) and integrating a corporate sustainability model into our operations.
Aligned with our ESMS we are designing an emergency procedure to prevent and address accidents affecting the environment and human health.

For now, and as a first step, we are working to create a framework with KPIs aligned to the SDGs and ESG standards that report quantitative results. We expect at the end of the year have our first social and environmental report.
We have created and communicated our Environmental and Social Policy. That also is updated in our website: https://producepay.com/sustainability/
For first time we have designated a specific area that will coordinate Produce Pay’s sustainability efforts and we have hired an Environmental and Social Senior Officer.

Produce Pay is fully aligned with principles and laws to prevent and avoid acts of corruption. Our compliance involves all our stakeholders aligning themselves with these principles.
Produce Pay has internal policies and standards aligned with international practices to ensure that there are no acts of corruption, extortion or bribery.

Produce Pay, has an “anti-corruption” criteria that is included in contracts with our customers and business partners.
We ensure that our internal procedures support the company’s anti-corruption commitment.
Due diligence process with clients to avoid fraud or acts of corruption is taken.

For now, and as a first step, we are working to create a framework with KPIs aligned to the SDGs and ESG standards that report quantitative results. We expect at the end of the year have our first social and environmental report.
We have created and communicated our Environmental and Social Policy. That also is updated in our website: https://producepay.com/sustainability/
For first time we have designated a specific area that will coordinate Produce Pay’s sustainability efforts and we have hired an Environmental and Social Senior Officer.