“The greatest threat to our planet is the belief that someone else will save it.” — Robert Swan, polar explorer.
“Embracing a brighter future
for Africa founded on integrity,
sustainability, and social
responsibility.”
Watson and Fine ESG Policy
Executive Summary
At Watson and Fine, we are committed to harmonizing prosperity with sustainability through our comprehensive Environmental, Social, and Governance (ESG) policy. As a leading agribusiness company operating in Africa, we recognize our responsibility to create positive impacts for our stakeholders, local communities, and the environment. Our ESG policy is deeply integrated into our operational business plan and serves as a guiding principle for all our activities.
Our Investment Vision
With an initial investment of $22 million, we have acquired 4,500 hectares of prime agricultural land in Tanzania, complete with a state-of-the-art factory and an additional 50 hectares of industrial land. This strategic investment forms the bedrock of our sustainable farming endeavor. We aim to expand our land holdings to 100,000 hectares and develop a cutting-edge process plant to supercharge our capacity to empower local communities, nurture the land, and expand our sustainable footprint.
The Impact of Investment
By investing in our impact-driven strategy, you’re contributing to:
- Increased agricultural productivity through modern, sustainable farming practices
- Empowerment of smallholder farmers through training, resources, and market access
- Environmental stewardship through eco-friendly farming methods
- Creation of hundreds of employment opportunities, reducing unemployment rates
- Investment in rural infrastructure benefiting the entire community
Your projected Return on Investment (ROI) is a conservative 15% annually, based on our comprehensive business plan, growing demand for sustainable products, and dedication to efficient, eco-friendly practices.
Background
Watson and Fine’s wholly-owned subsidiary, Cassava Starch of Tanzania Corporation (CSTC), is committed to remaining competitive while attracting customers, motivated staff, and investors through transparency and sustainability. We have made significant investments, assembling a dedicated team of 300 farm employees and injecting $22 million in initial capital. Our ambitious vision for expansion includes increasing land holdings to 100,000 hectares and developing a state-of-the-art process plant.
Our Mission and Goals
Our mission is to nurture sustainable agriculture for a thriving Tanzania. We are dedicated guardians of nature, monitoring the environmental impact of our activities and ensuring no harm to local communities or biodiversity. At our core, we prioritize the health, well-being, and education of our employees, farmers, and local communities. We uphold fair labor standards, promote equal opportunities, and stand against discrimination and exploitation.
Governance and Leadership
Sustainability principles are embedded throughout our governance structure. Our Board of Directors oversees the sustainability strategy, supported by a dedicated Sustainability Committee. Sustainability champions across departments drive initiatives and ensure alignment. We engage closely with farmers, suppliers, customers, and local communities to promote sustainable practices.
Community Objectives
Our investment project is driven by a deep commitment to creating positive, lasting impacts on the local community through:
- Enhanced agricultural productivity
- Empowerment of smallholder farmers
- Unwavering environmental stewardship
- Substantial local employment opportunities
- Investment in essential rural infrastructure
- Partnerships with smallholder farmers
- Education and skill development initiatives
- Ongoing community engagement
Impact Cost Requirement
To realize our ambitious social, environmental and economic objectives, we are seeking a strategic investment to operate the farm in line with our impactful policy. Funds will be allocated to modernize farming practices, empower smallholder farmers, implement eco-friendly methods, create jobs, and develop rural infrastructure.
Join Us
By investing in Watson and Fine, you are contributing to the well-being of communities and the environment while benefiting from a sound financial return. Together, we can make a lasting impact and create a future where sustainability and profitability go hand in hand. Join us in nurturing sustainable prosperity and embracing a brighter future for Africa founded on integrity, sustainability, and social responsibility.