Generated by All in One SEO v5.0.0.1, this is an llms.txt file, used by LLMs to index the site. # Sustainable Investment Management ## Sitemaps - [XML Sitemap](https://sim.finance/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [SIM joins Founding Signatories of the Rotterdam TFFF Statement of Support](https://sim.finance/2026/06/23/sim-joins-founding-signatories-of-the-rotterdam-tfff-statement-of-support/) - SIM is proud to be a Founding Signatory of the Rotterdam TFFF Statement of Support Announced during London Climate Action Week, the Statement welcomes the advancement of the Tropical Forest Forever Facility (TFFF), an innovative initiative designed to create long-term financial incentives for tropical forest conservation across the globe. The initiative builds on the momentum - [SIM at London Climate Action Week 2026](https://sim.finance/2026/06/15/sim-at-london-climate-action-week-2026/) - We are looking forward to participating in a number of events during London Climate Action Week. The team will be attending in person, so if you are there too and would like to connect, please reach out via admin@sim.finance What we will be doing: Participating in discussions and exploring collaboration opportunities around accelerating investments in - [Revenues for Nature Special: Episode 1 Pedro Moura Costa, Responsible Commodities Facility](https://sim.finance/2025/06/13/revenues-for-nature-special-episode-1-pedro-moura-costa-responsible-commodities-facility/) - In this first episode of the Revenues for Nature special series, Pedro Moura Costa, founder of Sustainable Investment Management (SIM) and BVRio, spoke to host Helen Avery to discuss the Responsible Commodities Facility (RCF), and how it can be replicated and scaled. RCF provides a financially sustainable vehicle that incentivises soy farmers in Brazil, and - [SIM strengthens Brazil Team with two new appointments](https://sim.finance/2026/04/16/sim-strengthens-brazil-team-with-two-new-appointments/) - SIM is pleased to welcome two new appointments to the Brazil team, as we rapidly scale the Responsible Commodities Facility (RCF) to half a billion dollars in 2028. Rafael Arruda joins as Head of Commercial Activities of Structured Transactions, and Jan Werner as RCF Portfolio Manager. Rafael joined us from RCF delivery partner, Traive, and - [Green Climate Fund backs Responsible Commodities Facility with $85million investment](https://sim.finance/2026/03/27/green-climate-fund-backs-responsible-commodities-facility-with-85million-investment/) - The Responsible Commodities Facility (RCF) deforestation and conversion free soy production initiative has received an investment of US$85 million from the Green Climate Fund (GCF) providing long term protection to one of the world’s most vulnerable and valuable landscapes, the Brazilian Cerrado. This will enable the fund to reach half a billion dollars in 2028 - [RCF included in the pipeline of projects part of Brazil’s updated Country Programme with the Green Climate Fund](https://sim.finance/2025/08/01/rcf-included-in-the-pipeline-of-projects-part-of-brazils-updated-country-programme-with-the-green-climate-fund/) - We are pleased to report that the Responsible Commodities Facility (RCF) has been included in the pipeline of projects that will be part of Brazil’s updated Country Programme with the Green Climate Fund (GCF), covering the short-term period of 2025–2027. The pipeline is the result of a technical, transparent, and participatory process led by the - [SIM and DFCD join forces to scale climate-resilient soy production in the Brazilian Cerrado](https://sim.finance/2025/08/06/sim-and-dfcd-join-forces-to-scale-climate-resilient-soy-production-in-the-brazilian-cerrado/) - The Dutch Fund for Climate and Development (DFCD) intends to partner with Sustainable Investment Management (SIM) to support deforestation- and conversion-free (DCF) soy production in Brazil’s Cerrado biome through the development of the Responsible Commodities Facility (RCF). The RCF Cerrado Programme was launched in 2022 and is financed through the issuance of Green CRAs (green - [SIM/RCF at London Climate Action Week 2025](https://sim.finance/2025/06/20/sim-rcf-at-london-climate-action-week-2025/) - We are excited to be co-hosting and taking part in a number of events throughout London Climate Action Week. The team will be attending in person, so if you are there too and would like to connect, please reach out. What we will be doing: Showcasing the Responsible Commodities Facility as a proven and scalable - [Supporting Deforestation-Free Supply Chains: RCF Featured at Brazilian Agritech Briefing 2025 during LCAW](https://sim.finance/2025/07/03/supporting-deforestation-free-supply-chains-rcf-featured-at-brazilian-agritech-briefing-2025-during-lcaw/) - The Responsible Commodities Facility (RCF) was featured as a concrete example of how innovative, climate-aligned finance can support sustainable agriculture in Brazil. On 25 June 2025, Sustainable Investment Management (SIM) CEO, Pedro Moura Costa, and Steven Ripley, Director of Investor Engagement, joined leading stakeholders at the 5th Brazilian Agritech Briefing, hosted by the Embassy of - [RCF concludes fourth round of investment to expand funding for zero deforestation soy cultivation in the Brazilian Cerrado](https://sim.finance/2025/08/13/rcf-concludes-fourth-round-of-investment-to-expand-funding-for-zero-deforestation-soy-cultivation-in-the-brazilian-cerrado/) - Now in its fourth season, the Responsible Commodities Facility (RCF) fund will provide US$60 million in loans to soy farmers in the Brazilian Cerrado, raised through its innovative blended environmental finance structure. The Green CRAs issued to capitalise the RCF obtained a Second Party Opinion (SPO) from environmental advisory firm ERM-NINT, which concluded that the - [AA Credit Rating for RCF Cerrado Programme Green CRAs](https://sim.finance/2025/08/18/aa-credit-rating-for-rcf-cerrado-programme-green-cras/) - The senior tranche of the Responsible Commodities Facility (RCF) 2025 green CRAs has received a ‘brAA (sf)’ credit rating from S&P Global Ratings, equivalent to B+ on the international scale. read the full report - (available in Portuguese only) “The S&P rating validates the strength of the Facility’s credit structure. This is a key milestone - [SIM team expanded with new Environmental Analyst appointment](https://sim.finance/2025/11/13/sim-team-expanded-with-new-environmental-analyst-appointment/) - SIM is pleased to announce the appointment of Caio Goodman as an Environmental Analyst. Caio will support the management and development of SIM’s programmes, including the Responsible Commodities Facility (RCF) deforestation free soy initiative. He will manage the RCF database, ‘PlataSoja’ built by BVRio, coordinating data management of the portfolio of farmers financed by RCF. SIM has expanded its team with the appointment of new Environmental Analyst Caio Goodman. - [SIM at Rio Climate Action Week](https://sim.finance/2025/08/18/sim-at-rio-climate-action-week/) - SIM will participate in the inaugural Rio Climate Action Week this month building on its programme of events during London Climate Action Week in July. Find us at: Wednesday, 27th August 2025 | 09:00–12:30 | CCBB Rio de JaneiroFinancing the Climate and Agricultural TransitionRegistration Tuesday, 26th August 2025 | 09:00–12:30 | CCBB Rio de JaneiroOpportunities - [McDonald’s joins Responsible Commodities Facility to Support Soy-Producing](https://sim.finance/2026/02/12/mcdonalds-joins-responsible-commodities-facility-to-support-soy-producing/) - McDonald’s Corporation is the latest business to join the Responsible Commodities Facility (RCF), providing funding to support the resilient transformation of Brazil’s soy-producing Cerrado region, as related to embedded soy volumes in feed for chicken procured by the company outside of the United States and Canada. Soy is considered a priority commodity under McDonald’s Commitment - [SIM at COP30 events](https://sim.finance/2025/10/29/sim-at-cop30-events/) - This November SIM and BVRio will participate in the following COP30, and COP adjacent high level international climate talks: See us at: Financial Leadership for the Future of Agriculture and Food – Sustainable and Deforestation-Free Solutions (roundtable participant) Host/s: Itaú Unibanco in partnership with UNEP FILocation: São PauloDate/Time: 3 November, 3:00 PM to 5:00 PM (Brasília time)Format: In person roundtable - [SIM Team Expanded](https://sim.finance/2023/02/02/sim-team-expanded/) - SIM is pleased to announce that Steven Ripley has joined the SIM team as Director, Investor Engagement. Steven joins SIM from Tesco, where his relentless drive was key to establishing the Cerrado Programme 1 pilot programme, and in bringing the other retail investors onboard. “We’re thrilled Steven is joining our team. His passion and commitment - [RCF expanded with investment by Rabobank, Santander and AGRI3](https://sim.finance/2023/10/02/rcf-expanded-with-investment-by-rabobank-santander-and-agri3/) - The Responsible Commodities Facility (RCF) Cerrado Programme fund has been expanded more than four-fold to US$47 million, through an innovative blended finance structure. - [In the News: How sustainable soy is critical to saving the Cerrado](https://sim.finance/2024/10/21/in-the-news-how-sustainable-soy-is-critical-to-saving-the-cerrado/) - Pedro Moura Costa talks to Reuters about how the Responsible Commodities Facility is helping protect the Brazilian Cerrado. - [SIMFlor - a new R$ 1 billion programme to promote the Brazilian Forest Code and enable the conservation of 500,000 ha of native vegetation in the Amazon](https://sim.finance/2022/10/13/simflor_announcement/) - The SIMFlor Programme supports the implementation of the Brazilian Forest - [RCF wins Green Bond Initiative of the Year](https://sim.finance/2023/04/06/rcf-wins-green-bond-initiative-of-the-year/) - The Responsible Commodities Facility has won the Environmental Finance ‘Initiative of the year - Green Bond’ award. The awards are judged by an independent panel and seek to recognise initiatives that excel, innovate and contribute to the successful development of the market. RCF’s founder and SIM Director, Pedro Moura Costa, commented, “We are delighted that The Responsible Commodities Facility has won the Environmental Finance ‘Initiative of the year - Green Bond’ award. - [Cerrado Programme 1 delivers its first 42,000 tonnes of verified DCF soy](https://sim.finance/2023/05/04/cerrado-programme-1-delivers-its-first-42000-tonnes-of-verified-dcf-soy/) - The environmental impact of the first year of the RCF Cerrado Programme 1 has been calculated, independently verified and published in the first Annual Report. The inaugural programme delivered 42,400 tonnes of verified deforestation and conversion free soy into the Brazilian supply chain from the 32 participating farms. 8,541 ha of native vegetation was conserved, 2,145 - [RCF wins impact investment of the year award: agriculture and sustainable land use](https://sim.finance/2024/12/16/rcf-wins-impact-investment-of-the-year-award-agriculture-and-sustainable-land-use/) - We are pleased to announce that the Responsible Commodities Facility has won the Environmental Finance ‘Impact project/investment of the year: Agriculture and sustainable land use’ award. The awards are judged by an independent panel and seek to recognise and reward the work of impact investors everywhere and highlight emerging pockets of best practice, across all asset classes - [RCF contributes over 180,000 tonnes of vDCF soy in its second year](https://sim.finance/2024/10/16/rcf-contributes-over-180000-tonnes-of-vdcf-soy-in-its-second-year/) - The 2023:24 environmental impact of the Responsible Commodities Facility Cerrado Programme has been calculated, independently verified and published. - [RCF aligned to Green Bond Principles and Green Loan Principles](https://sim.finance/2024/05/30/rcf-aligned-to-green-bond-principles-and-green-loan-principles/) - The Green CRAs issued to capitalise the Responsible Commodities Facility (RCF) has obtained a Second Party Opinion (SPO) from environmental advisory firm ERM-NINT. The report concluded that the RCF’s Cerrado Programme is in alignment with both the Green Bond Principles (GBP) of the International Capital Market Association (ICMA), and the Green Loan Principles (GLP). ERM-NINT The Green CRAs issued to capitalise the Responsible Commodities Facility (RCF) has obtained a Second Party Opinion (SPO) from environmental advisory firm ERM-NINT. - [Pedro Moura Costa joins Forest Trends Fellows Program](https://sim.finance/2024/03/07/pedro-moura-costa-joins-forest-trends-fellows-program/) - We are pleased to announce that Pedro Moura Costa has joined the Forest Trends Fellows Program. Together with partners around the world, Forest Trends pioneers innovative finance for conservation, promoting healthy forests, sustainable agriculture, clean water, robust climate action, biodiverse landscapes, and strong communities. For over 30 years Pedro has been involved in all aspects of climate - [RCF expansion supported by the SDG Impact Finance Initiative and Convergence](https://sim.finance/2024/02/22/rcf-expansion-supported-by-the-sdg-impact-finance-initiative/) - We are pleased to report that the Responsible Commodities Facility (RCF) is being supported to expand by the SDG Impact Finance Initiative. The award was made as a result of an open call for proposals by the SDG Impact Finance Initiative (SIFI) with support from Convergence. The aim of the Initiative is to fuel growth - [RCF wins Impact initiative of the year: Latin America and Caribbean](https://sim.finance/2023/12/14/rcf-wins-impact-initiative-of-the-year-latin-america-and-caribbean/) - the Responsible Commodities Facility has won the Environmental Finance ‘Impact initiative of the year: Latin America and Caribbean’ award. - [SIM proud to report that global carbon market player ecosecurities has secured investment by consortium headed by SK and Shinhan](https://sim.finance/2023/12/11/sim-proud-to-report-that-global-carbon-market-player-ecosecurities-has-secured-investment-by-consortium-headed-by-sk-and-shinhan/) - SIM is proud to report that global carbon market player ecosecurities secured investment by consortium headed by SK and Shinhan - [RCF named Structured Finance Deal of the Year](https://sim.finance/2023/05/22/rcf-named-structured-finance-deal-of-the-year/) - The Responsible Commodities Facility’s Green CRAs fund was named ‘Structured Finance Deal of the Year’ by IFLR (International Financial Law Review). At a ceremony held in New York on 18 May 2023, the award was presented to RCF legal counsel Pinheiro Neto Advogados, TozziniFreire, Clifford Chance and structuring partner Opea (formally Planeta Securitizadora). RCF founder - [RCF moves forward during COP26](https://sim.finance/2021/11/12/rcf-moves-forward-during-cop26/) - At COP 26 last week, a series of major initiatives were launched to support the scaling up of private sector investment in forests and nature, unlocking billions of dollars and creating new mechanisms to scale investment in natural capital. One of these initiatives, the Innovative Finance for the Amazon, Cerrado and Chaco (“IFACC”), created by - [SIM launches zero-deforestation soy initiative funded by green bonds](https://sim.finance/2022/08/02/sim-launches-zero-deforestation-soy-initiative-funded-by-green-bonds/) - The first programme of the Responsible Commodities Facility (RCF) is now underway, with an investment of US$11million by UK supermarkets Tesco, Sainsbury’s and Waitrose to fund the new system of financial incentives for farmers in Brazil who commit to deforestation- and conversion-free (DCF) soy cultivation. The RCF will provide finance to 36 farms, located in ## Pages - [Home](https://sim.finance/) - SIM is an environmental finance company based in the UK and Brazil promoting the financing of activities resulting in positive environmental impacts worldwide. - [Publications](https://sim.finance/publications/) - RCF Annual Reports RCF Annual ReportCrop Season 2023:2024 RCF Annual ReportCrop Season 2022:2023​ Download 2023:24 Report Download 2022:23 Report RCF recognition in other publications Time to act: Showcasing, incentivizing and upscaling deforestation- and conversion-free supply chainsReport by WWF showcases concrete solutions to advance deforestation- and conversion-free supply chains. The Soy Story Revisited: How UK retailers’ - [About](https://sim.finance/about/) - Our Mission A short paragraph describing your company's goals or mission statement. This section is meant to help visitors understand the purpose of your business. 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This section is meant to inspire people to join your company on - [Responsible Commodities Facility](https://sim.finance/responsible-commodities-facility/) - Responsible Commodities Facility Supporting the production and trading of responsible soy from Brazil Growing demand for soy is leading to the deforestation of large tracts of Cerrado vegetation in Brazil, with associated GHG emissions and loss of biodiversity.However, it is possible for a robust soy sector to exist and even expand without further clearing of - [RCF Trace](https://sim.finance/rcf-trace/) - RCF TraceAccounting for Low Carbon Soy in Global Supply Chains About RCF Trace The Responsible Commodities Facility (RCF) Trace – Accounting for Low Carbon Soy in Global Supply Chains project, will demonstrate a scalable, credible model for accounting for deforestation-free (DCF) and low-carbon soy from Brazil to European markets. As global regulations and public expectations - [Policies](https://sim.finance/policies/) - SIM Policies Sustainability PolicySIM’s Sustainability Policy has the objective of enhancing the environmental and social sustainability of the programmes and activities implemented by SIM through the application of robust environmental and social risk management standards. Download Procurement PolicyThe Procurement Policy establishes the framework for the acquisition of goods, works, and services by SIM and for - [Cerrado Programme 1](https://sim.finance/cerrado-programme-1/) - Cerrado Programme 1 About the Cerrado Programme 1 Announced in August 2022, the Cerrado Programme 1 provides financial incentives to farmers that meet its Eligibility Criteria with a focus on the protection of native vegetation in addition to legal requirements.To be eligible for the Programme, farmers must follow the Forest Code, have an unquestionable right - [[Old] Responsible Commodities Facility](https://sim.finance/responsible-commodities-facility-3/) - Responsible Commodities Facility Supporting the production and trading of responsible soy from Brazil Growing demand for soy is leading to the deforestation of large tracts of Cerrado vegetation in Brazil, with associated GHG emissions and loss of biodiversity.However, it is possible for a robust soy sector to exist and even expand without further clearing of - [Eligibility Criteria](https://sim.finance/eligibility-criteria/) - [Contact](https://sim.finance/contact/) - Contact Us Contact Info +55 21 3596-4006 info@bvrio.org Please complete the form below and we will contact you as soon as possible Your Name Your Email Phone Number Message Send - [Services](https://sim.finance/services/) - Our Services An overview of the services you offer and how they will benefit the visitor. 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