MHP
Introduction
Swedfund invests EUR 20 million in MHP SE, a leading Ukrainian producer of poultry and sunflower oil.
The investment contribute to Ukraine’s economic resilience during the ongoing war. This is done by supporting Ukrainian food- and agri-sectors and safeguarding much needed local employment- as well as export opportunities.
The investment is done alongside the European Bank for Development and Reconstruction, EBRD and British International Investment, BII.
Read more in our press release: Swedfund co-invests for jobs, food security and economic resilience in Ukraine
Facts
SDG in focus
Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
Reduced Inequalities
Reduce inequality within and among countries.
Gender Equality
Achieve gender equality and empower all women and girls.
Value creation
Impact
The investment contributes to maintaining jobs and supporting local production capacities, ultimately contributing to Ukraine’s economic resilience. The investment further promotes women’s economic empowerment, by providing women with jobs, and inclusion of veterans, via MHP’s efforts to reintegrate veteran employees back into work.
Additionality
Swedfund’s investment is financially additional as it supports MHP’s continued operations in a highly challenging context. It contributes to the resilience of the Ukrainian economy by enabling the company to maintain production and advance its strategic priorities.
ESG
Requirements
In line with Swedfund’s Policy for Sustainable Development, the portfolio company is required to materially comply with, inter alia: (i) all internationally recognised human rights (ii) the EDFI harmonized exclusion list and EDFI Fossil Fuel Exclusion List, (iii) local environmental, health & safety and labour laws and regulations, (iv) applicable IFC Performance Standards, (v) the ILO’s Declaration on Fundamental Principles and Rights at Work and the ILO’s Basic Terms and Conditions of Employment.
ESG Risk
E&S-risknivån bedöms som medelhög till hög risk (Direkt B+) baserat på kontextuella miljö- och sociala risker samt möjliga effekter.
ESG Mitigation Measures
Swedfund supports the company in advancing its environmental and social performance and managing project-related risks and potential impacts.
Applicable IFC Performance Standards
IFC Performance Standards (PS) 1-6 are applicable.
Whistleblowing channels and Grievance Mechanism
Swedfund’s whistleblowing services can be used by employees, contractors and others at Swedfund, and by the companies and funds in which Swedfund invests. The complaints mechanism can be used for all types of complaints concerning Swedfund and Swedfund’s portfolio companies, but not for complaints concerning individuals as a result of restrictions arising from data protection legislation. 🔹 Link in website footer.
Other investments within
Food Systems