Company name
Itaú Unibanco SA.
Project number
16003-01
FI-2 operations are those where the risk potential is considered medium: the FI’s current or future portfolio consists of or is expected to consist of, business activities that have potential limited adverse environmental or social risks or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures; or includes a very limited number of business activities with potential adverse environmental or social risks or impacts that are diverse, irreversible, or unprecedented.
E&S category
FI-2
Country
Brazil
Sector
Agribusiness
Status
Proposed
Disclosed date
04/17/2026
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
05/29/2026
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 300,000,000
Currency
BRL, USD
Project scope and objective
The main objective of the project is to encourage Brazilian soybean producers in the Cerrado region to adopt sustainable agricultural practices, specifically the use of cover crops and biological inputs—key practices for restoring soil health and increasing climate resilience across approximately 200,000 hectares of agricultural land—while also promoting the production of deforestation‑free commodities. Through the implementation of these regenerative practices, the project aims to deliver relevant environmental benefits and promote long‑term sustainability in soybean cultivation. IDB Invest is supporting the development of Measurement, Reporting, and Verification (MRV) systems and providing technical assistance to producers to ensure the successful implementation of regenerative practices and the measurement of verifiable environmental impacts.
The proposed financing consists of a program with a final maturity of up to six years and a total amount of up to R$1 billion (or the equivalent in USD), under which IDB Invest is considering providing a committed senior loan of up to R$300,000,000, including up to R$150,000,000 in blended finance participation.
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Contact information
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Client Contact
PHONE NUMBER
+55 11 98105 7050
POST OFFICE ADDRESS
Av. Brigadeiro Faria Lima, 3500 - Itaim Bibi São Paulo - SP, 04538-132, Brasil
Information not available on IDB Invest website may be requested by mailing to 1350 New York Ave NW, Washington, DC 20577, by e-mailing [email protected] or by calling +1(202)-566-4566.
Individuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing [email protected] or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to [email protected] or [email protected] or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For information requests about the project.
Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
ITAU - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS + ESAP)
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