Hancock Agricultural Funding Group (HAIG) is a outstanding participant within the realm of agricultural investments, specializing in sustainable administration and stewardship of farmland and pure sources. Working underneath Manulife Funding Administration, HAIG has a long-standing popularity for integrating sustainable practices with worthwhile agricultural ventures.
Current Developments of Hancock Agricultural Funding Group (HAIG)
- Divestment of Kalanga Aggregation: In February 2022, HAIG bought its Kalanga Aggregation, a big property in Queensland, Australia, to Morella Agriculture for over A$80 million. This property spans roughly 12,840 hectares and contains substantial irrigation infrastructure, making it ultimate for crops like cotton, wheat, and barley. This sale aligns with the broader development of native farming households and company patrons re-entering the Australian farmland market​.
- Sale of Macadamia Portfolio: In October 2019, Hancock Agricultural Funding Group (HAIG) divested the Winfield Highway aggregation, Australia’s largest macadamia portfolio, to Belgian sugar producer Finasucre for $59.2 million. This deal underscores HAIG’s strategic realignment and highlights the rising demand for macadamia nuts globally​.
- Rebranding and Administration: HAIG, underneath the umbrella of Hancock Pure Useful resource Group, rebranded to Manulife Funding Administration in November 2021. This rebranding emphasizes their dedication to sustainable land administration and aligns with their purpose of enhancing their funding administration capabilities throughout agriculture and timberland sectors​ ​.
Packages and Actions of Hancock Agricultural Funding Group (HAIG)
- Sustainability Initiatives: HAIG is devoted to sustainable farming practices, integrating environmental stewardship into their operational mannequin. This contains partaking with native communities, offering employment alternatives, and supporting native causes. Their method ensures that financial actions on the land are balanced with ecological preservation and social accountability​.
- Group Engagement: HAIG’s operations embrace public use of their land for leisure actions resembling looking, fishing, climbing, and tenting. This not solely fosters neighborhood relations but additionally promotes the multifunctional use of agricultural landscapes​ ​.
Key Members
- Oliver Williams: Because the President of HAIG, Oliver Williams performs a pivotal function in steering the group’s strategic route. His management focuses on increasing HAIG’s world footprint whereas making certain sustainable and accountable funding practices.
- Susan Dreyer: Because the Director of Sustainability, Susan Dreyer oversees HAIG’s environmental and social governance (ESG) methods. Her work ensures that HAIG’s operations adjust to excessive sustainability requirements and contribute positively to the setting and native communities.
- James Fletcher: The Chief Funding Officer, James Fletcher, is liable for managing HAIG’s funding portfolio. His experience in agricultural economics and market tendencies helps HAIG navigate the complexities of world agricultural investments.
Affect of Hancock Agricultural Funding Group (HAIG) on sustainable growth
Â
Hancock Agricultural Funding Group (HAIG) has a big influence on sustainable growth by its complete method to land administration, environmental stewardship, and neighborhood engagement. Listed below are some key methods HAIG contributes to sustainable growth:
1. Environmental Stewardship
HAIG’s dedication to environmental stewardship is obvious in its sustainable farming practices and land administration methods. The group integrates greatest administration practices to reinforce soil well being, water conservation, and biodiversity. For example, HAIG’s farms typically make use of precision agriculture methods to optimize useful resource use and decrease environmental influence.
2. Sustainable Farming Practices
HAIG emphasizes sustainable farming practices that stability productiveness with ecological well being. This contains crop rotation, natural farming, and built-in pest administration, which assist keep soil fertility, cut back chemical use, and promote wholesome ecosystems. Their farms typically function fashions for sustainable agriculture, demonstrating how profitability will be aligned with environmental accountability​ ​.
3. Water Conservation
Water administration is a essential part of HAIG’s sustainability technique. The group invests in superior irrigation techniques and water-efficient applied sciences to cut back water utilization and improve crop resilience to droughts. By securing water rights and implementing environment friendly irrigation practices, HAIG ensures that its agricultural actions are sustainable in the long run​.
4. Carbon Sequestration
HAIG contributes to carbon sequestration by its forestry and agricultural operations. By sustaining wholesome forests and selling soil carbon storage, HAIG helps mitigate local weather change. Their practices help the absorption of carbon dioxide from the environment, contributing to world efforts to cut back greenhouse gasoline emissions​ ​.
5. Group Engagement and Social Accountability
HAIG’s sustainable growth efforts lengthen to social dimensions, specializing in neighborhood engagement and native financial growth. They supply employment alternatives and help native causes, fostering sturdy relationships with communities. HAIG additionally permits public use of their land for leisure functions, selling neighborhood well-being and environmental consciousness​ ​.
6. Analysis and Innovation
Investing in analysis and innovation is a key side of Hancock Agricultural Funding Group HAIG’s method to sustainability. They interact in analysis initiatives to develop new agricultural applied sciences and practices that improve sustainability. This contains collaboration with tutorial establishments and trade companions to advance sustainable agriculture and forestry practices​.
7. Certification and Requirements
HAIG adheres to excessive requirements of environmental and social governance (ESG). Their operations typically adjust to certifications such because the Sustainable Agriculture Community (SAN) and Forest Stewardship Council (FSC). These certifications be sure that their practices meet rigorous sustainability standards, offering transparency and accountability to stakeholders​ ​.
Â
Hancock Agricultural Funding Group continues to be a frontrunner in agricultural funding, mixing monetary efficiency with sustainable land administration. Their current actions and strategic gross sales spotlight their adaptive method in a dynamic market, whereas their management stays dedicated to fostering development and sustainability. By way of revolutionary practices and neighborhood engagement, HAIG units a benchmark for accountable funding in agriculture.