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HomePosts Tagged "Indigo Ag"
Agbiologicals, Collaborations, Company News, Seeds, World

The catalyst for the partnership agreement is Indigo’s new CLIPS device — an innovative flowable powder seed coating application system.

Indigo Ag and GROWMARK announced a major multi-year strategic partnership to bring new innovative powder-based biological products and sustainability programming to GROWMARK’s member companies and farmers. Now, farmers will be able to conveniently access and benefit from Indigo’s market-leading suite of biological and sustainability solutions through their local FS cooperatives.

The catalyst for the partnership agreement is Indigo’s new CLIPS device — an innovative flowable powder seed coating application system.

GROWMARK COO, Wade Mittelstadt, said, “Biological products have the potential to deliver valuable benefits for growers, but utilising them on the farm can be a challenge due to stability, shelf-life, and application constraints. Indigo’s CLIPS system addresses all of those hurdles and is an incredibly easy and innovative solution. We’re very excited to be able to offer this technology, along with Indigo’s science-based and proven portfolio of biotrinsic® products through our network of FS cooperatives in more than 15 states and provinces across North America.”

The strategic partnership provides retailers and farmers full access to Indigo’s broad and continually evolving portfolio of biotrinsic® products, proven in over 2000+ field trials to help boost crop yields and farm profitability through improved water and nutrient use efficiency, drought tolerance, and plant productivity. It also includes Indigo’s innovative bionematicide and biofungicide products.

Jon Giebel, VP of Product Strategy at Indigo said, “Although the CLIPS device is only available with Indigo’s biotrinsic® products in 2025, the new agreement with GROWMARK opens the discussion for future third-party product access to the CLIPS system providing even greater choice to farmers. We believe that the CLIPS platform offers a new industry standard that will unlock the next generation of high-performing biological active ingredients, and through our partnership with GROWMARK, we will bring these products to farmers at scale.”

Additionally, GROWMARK has been working closely with Indigo’s sustainability portfolio since 2021 and has continued to drive adoption of Indigo’s industry-leading carbon program. Today’s announcement builds upon that collaboration to now include pilots in the insets market for food/feed as well as fuels. As an example of these new initiatives, Indigo and GROWMARK member companies will partner on proactive data collection and carbon intensity scoring to ensure that growers and ethanol producers are ready to take advantage of incentives once 45z guidance is finalized.

“GROWMARK has been a driving force in the industry for many years, and we are pleased that we can work together to offer innovative economic and agronomic solutions to farmers alongside the expertise of GROWMARK member cooperatives,” said Dean Banks, Indigo CEO. “We’ve seen great success in our three-year Carbon partnership to date, and now we reaffirm our shared commitment to innovation by working together to help hundreds of thousands of farmers capture value from the next frontiers in agriculture.”

Mark Orr, GROWMARK CEO, said, “Innovation is a key component of GROWMARK’s enterprise strategy. We’re constantly evaluating new and novel product offerings through our AgValidity and MiField trial programs, as well as through our venture capital fund, Cooperative Ventures. This innovative strategic partnership with Indigo will create value for our member-owners, both through the licensing of the groundbreaking CLIPS system, as well as through Indigo’s market-leading biological portfolio.”

The catalyst for the partnership agreement is

Agribusiness, Agrotech, Carbon Farming, Company News, North America, Soil Health

Microsoft purchased 40,000 carbon credits verified and issued in accordance with requirements of the Climate Action Reserve’s Soil Enrichment Protocol.

Innovative leader and trusted partner in sustainable agriculture and biological solutions, Indigo Ag announced that Microsoft has agreed to purchase 40,000 agricultural soil-based carbon credits from the company’s third carbon crop, issued in February, representing the largest number of credits ever delivered by Indigo Ag to an individual buyer. These credits are verified and issued in accordance with the requirements of the Soil Enrichment Protocol of the Climate Action Reserve, one of the world’s most trusted independent carbon registries.

Microsoft selected Indigo Ag’s carbon program to introduce soil carbon removals in its climate action portfolio to help the company to progress toward its 2030 goal to become carbon negative. The agreement underscores demand for robust, science-backed agriculture soil-based credits and the valuable role they can play in climate action, as well as reflects the increasing maturity of the voluntary carbon market.

Indigo Ag’s Carbon program is underpinned by the company’s scientifically peer-reviewed measurement, reporting and verification (MRV) capabilities which inform the robustness, integrity and durability of credits, and enables growers to realize the value of adopting and sustaining new practices that generate them.

Indigo Ag continues to deploy its MRV capabilities, beyond its carbon program, to enable companies in the agri-food value chain to reduce their Scope 3 emissions and to produce low carbon intensity crop feedstocks for biofuels. To date, Indigo’s Sustainability Solutions have reduced and removed over 340 thousand tons of GHG emissions and saved over 19 billion gallons of water used in agriculture.

Commenting on announcement, Dean Banks, CEO at Indigo Ag, said, “This announcement is a major milestone for Indigo’s Carbon program and our increasing range of ag-based sustainability solutions. Microsoft is a leader in corporate climate action, a highly influential player in carbon removals and shares our commitment to support the transition to a more resilient and sustainable agriculture system.”

“Our program’s selection by Microsoft is a significant win for science-based, high-integrity agricultural soil carbon credits. We have uniquely and substantively invested in the scientific rigor of our program since 2018 to meet the strict standards of premier crediting programs like the Climate Action Reserve. We are working with our partners to enable growers to benefit from valuable, durable new revenue streams that reward them for their efforts in changing practices.”

Brian Marrs, Senior Director of Energy and Carbon Removal at Microsoft said: “Soil organic carbon restoration is vital to the future of food systems, economies and climate change mitigation. We are pleased to collaborate with Indigo Ag to advance both the adoption of regenerative agriculture practices and the soil organic carbon scientific evidence base.”

Microsoft purchased 40,000 carbon credits verified and

Agribusiness, Carbon Farming, Company News, North America

To date, farmers in Indigo Ag’s sustainability programs (Carbon and Sustainable Crops) have earned more than $12M. Farmers are scheduled to be paid for the third carbon crop in March 2024.

Boston based Indigo Ag, the innovative leader and trusted partner in sustainable agriculture, announced the successful completion of its third carbon crop. With 163,0481 carbon credits produced, Indigo is the only company to complete three carbon harvests at scale and the unprecedented program continues to show growth with year-over-year increases in the number of farmers paid, fields filed, and credits produced.

Since its inception in 2019, farmers participating in Indigo Ag’s carbon program have sequestered or abated the equivalent of nearly 300,000 metric tons of carbon dioxide. Indigo Ag’s carbon credits are verified and issued by the Climate Action Reserve, one of the world’s most trusted independent carbon registries. To date, farmers in Indigo Ag’s sustainability programs (Carbon and Sustainable Crops) have earned more than $12M. Farmers are scheduled to be paid for the third carbon crop in March 2024.

“Our record breaking third carbon crop reinforces that farmers can earn money and have a real and measurable impact leveraging agricultural soil as one of the world’s largest carbon sinks,” said Dean Banks, CEO of Indigo Ag. “As carbon projects continue to be scrutinized, we are incredibly proud to be the largest issuer of nature-based, registry issued agricultural soil carbon credits in the world, driving real value for farmers and corporations.”

Indigo’s latest crop of credits represents an equivalent of 163,048 metric tons of carbon dioxide sequestered or abated by U.S. farmers across 28 states. Indigo’s carbon program growth is evidence of the continued rise in adoption of sustainable farming practices with a 333% year over year increase in new acres, a 297% increase in new fields, and a 215% increase in new grower participation.

Indigo is also working closely with its expanding network of more than 25 agribusiness partners to use unique insights to support growers in deepening their transition to sustainable practices.

Eligible Crops List Expanded for Fifth Carbon Crop

Indigo Ag is already working on its fourth carbon crop, with enrolment numbers and the data collection progress underscoring the continued growth, popularity and value of its sustainable agriculture program. More details on the fourth carbon crop will be shared in early 2025 when credits are expected to be delivered.

For its fifth carbon crop, covering the 2023-24 planting season and already open for farmer enrollment, Indigo is expanding the list of eligible crops for its sustainability programs, adding hemp, perennial and annual alfalfa, millet, collard greens, and four perennial legumes to the current eligible crops (corn, soy and cover crops), giving farmers additional options for program eligibility.

Additionally, Indigo continues to work with its industry partners to make it easier for farmers to import and enter their data, whether they are importing that data from a spreadsheet or their FSA 578 insurance form. Additional product enhancements include historical data validation and the ability to spread out carbon harvests.

To date, farmers in Indigo Ag's sustainability

Agbiologicals, Agribusiness, Collaborations, Company News, Middle East countries

Company also plans to expand in multiple new European markets in 2024.

Boston based Indigo Ag, the innovative leader and trusted partner in sustainable agriculture, announced a major expansion of its regional partnership in Türkiye with Galeri Ziraat, one of the country’s leading distributors of crop input products and dedicated to working with growers to improve the efficiency of sustainability in agriculture. The agreement coincides with a significant expansion into new European markets this season. 

The agreement in Türkiye marks the beginning of an exciting chapter for Indigo Ag as it plans further expansion to new countries throughout Europe, positively impacting the yields of thousands of growers across the region. In 2024, the company plans to make biotrinsic® seed coatings available to farmers in Bulgaria, Croatia, Czech Republic, Poland, Romania, Serbia, Slovakia, and Spain. As Indigo Ag extends its reach across Europe, it remains dedicated to cultivating a more sustainable and resilient future for global agriculture.

Indigo Ag has successfully worked with Galeri Ziraat over the past two years to rapidly expand its leading range of innovative, microbial seed coatings within Central Anatolia in Türkiye. The new distribution agreement allows Galeri to replicate this strong growth at the national level, increasing grower access to Indigo’s vast portfolio including biotrinsic® i30 FP in Maize/Corn, biotrinsic® i177 FP in Cotton and biotrinsic® i39 FP in Winter Wheat for next autumn season.

These easy-to-use biological seed coating products have been proven to improve the treated crop’s nutrient use efficiency, and water stress protection during the critical phase of grain filling, leading to stable and increasing yields. According to most recent performance data collated from Turkish commercial growers in 2022 and 2023, the use of biotrinsic® i30FP increased maize yields by an average of 6 per cent. biotrinsic® i177FP delivered an average yield increase of 10 per cent in cotton, and biotrinsic® i39FP delivered an average increase of 11 per cent in winter cereals.

Commenting on the announcement, Georg Goeres, Global Biological Head at Indigo Ag said, “This agreement with Galeri Ziraat is a major milestone in the development of our international business in Türkiye and Europe. It reflects the market’s growing trust and confidence in Indigo’s biologicals portfolio, and we are delighted to be expanding our relationship with one of Türkiye’s leading companies. Galeri Ziraat shares our passion for providing growers with the tools they need to naturally grow their yields and manage drought challenges and extreme weather stressors. This agreement paves the way for the further development of our product offerings for Türkiye’s growers along with our marketing and technical support”.

Company also plans to expand in multiple

Agribusiness, Carbon Farming, Company News, Finance, India, Investments

Grow India operates the largest carbon farming platform for smallholder farmers in India. The platform includes four carbon programs across 13 states.

Grow Indigo, a leading science enabled sustainable agriculture company has successfully raised over USD $8 million in a recent funding round with a cumulative capital raise of more than USD $23 million to date. The round saw interest from investors globally including participation from Indigo Ag, Mahyco and individuals. Grow India is a joint venture between Indigo Ag and Mahyco that was formed in 2018.

Grow India operates the largest carbon farming platform for smallholder farmers in India. The platform includes four carbon programs across 13 states and cumulatively aim to reduce/ remove emissions by 20Mt CO2e annually from agriculture. About 800,000 acres have already been enrolled in the Company’s programs.

“With sustainability at its core, Grow Indigo has now demonstrated adoption of biological inputs and carbon solutions at scale by farmers,” said Dr Usha Barwale Zehr, Executive Chairman of Grow Indigo. “This lays the foundation for rapid growth of sustainable agriculture in the coming years.” 

In partnership with leading research organizations, the Company uses its science capabilities including satellite imagery analysis to monitor and measure soil carbon sequestration and on-farm GHG emission reductions. Grow Indigo is also helping food, beverage and apparel companies reduce their scope 3 emissions in their supply chains with sustainably grown crops. Farmers are incentivised based on the verified outcomes of carbon mitigation efforts, and the company expects to enroll over 7.5 million acres in the coming years. Carbon, a new revenue stream for farmers, could become the 5th largest agri-export commodity from India, and is expected to generate an additional USD $7 billion annually as income for smallholder farmers by 2030.

The company’s biological products today are used on 4 million acres in 16 states with an extensive network of channel partners. These products enable farmers to reduce their chemical inputs and increase resilience through enhanced nutrient use efficiency, water use efficiency, reclaiming soil health, insect-disease control using biopesticides and increased ability to mitigate abiotic stresses using biostimulants. With a strong focus on research and development, the company has a robust pipeline of new products.

Grow Indigo has built a skilled team of over 250 Agronomists, Researchers, Data Scientists, Engineers, and Sales Professionals, dedicated to scaling up climate solutions through regenerative agricultural practices.

Grow India operates the largest carbon farming

Agrotech, Company News, Finance, North America, Sustainability

The capital will be invested in profitably scaling Indigo’s unique science and technology to boost farm revenues and de-carbonize the planet.

Boston based Indigo Ag, the premier sustainability partner of the agriculture industry, announced that it has raised over $250 million to drive innovation and growth in its sustainable agriculture programs and better serve its customers and partners. The successful investment round signals market validation of the company’s strategy and confidence in Indigo’s unique ability to drive farmer and agribusiness success at scale.

“Farmers and agribusinesses need strong, innovative partners that create value,” said Jed Miller, chief strategy officer for Ag Partners Coop. “This fundraise is not only a win for Indigo, but a major win for market access. We look forward to continuing our collaboration with Indigo to drive farmer success.”

The funding round includes existing investors, led by Flagship Pioneering, and new investors, including the State of Michigan Retirement System, one of the largest pension funds in the U.S. and Lingotto Investment Management, a $3 billion innovation-focused fund owned by Exor N.V., one of Europe’s largest diversified holding companies.

“In this difficult and obsessively short-term financial environment, it is vital to back innovative companies that are critical to meeting the challenges of the future of the Earth,” said James Anderson, Managing Partner and Chief Investment Officer –Innovation at Lingotto. “We believe that Indigo Ag has endured demanding times but now has a bright future and an important role in mitigating climate damage. Therefore, Lingotto Innovation is proud to support the company.”

Indigo has entered a period of acceleration across its integrated business platform:

Net revenues for 2022 grew 40 per cent year-over-year and revenues for the first seven months of 2023 grew 90 per cent compared to 2022.

Through its digital sustainability products, Indigo has had success working with multibillion dollar companies to reduce their Scope 3 emissions through its Market+ Source program and is on track to deliver 30 million bushels of sustainably grown grains in 2023.

The company has also produced an industry-leading 133,000 registry issued, agricultural carbon credits of the highest quality and scientific rigor. Indigo is already working on its unprecedented third carbon crop and enrollment figures for its fourth carbon harvest show continued growth in both farmer and acreage participation.

Indigo will continue the expansion of its digital products – Market+ Source sustainable crop program – and has a biological product pipeline of 38 new biological products scheduled to launch globally over the next 30 months.

“This important fundraise signals Indigo Ag’s successful transition from a startup to a trusted partner that is delivering critical sustainability solutions,” said Ron Hovsepian, President and CEO of Indigo Ag. “We have the science, business momentum and sufficient resources to continue to deliver on our promises to our partners and customers. We are well positioned for growth and profitability as we work with the agricultural value chain to turn sustainability into real value.”

The capital will be invested in profitably

Agrotech, Company News, Foodgrains, World

Through its Market+ Source sustainable crop program, Indigo Ag will use its proprietary measurement, reporting, and verification (MRV) capabilities to help CGB quantify the emissions factor

Indigo Ag, announced a program with Consolidated Grain and Barge Co., a subsidiary of CGB Enterprises, Inc. and a leader in the grain and transportation industries, designed to quantify the environmental benefits of sustainably grown crops sourced by CGB.

Through its Market+ Source sustainable crop program, Indigo Ag will use its proprietary measurement, reporting, and verification (MRV) capabilities to help CGB quantify the emissions factor for the grain they purchase from farmers using more sustainable farming practices. These grains would be purchased at a premium and ultimately sold to CGB customers looking to decarbonise value chains, including food and beverage companies, ingredient companies and regenerative and sustainable fuel producers.

Indigo’s proprietary MRV capabilities use the highest scientific standards to quantify environmental benefits for companies participating in the Market+ Source program.

“As corporations look to achieve their Scope 3 emissions targets, the ability to quantify the environmental impact of sustainable practices with a high degree of certainty is critically important,” said Ron Hovsepian, president and CEO of Indigo Ag. “We are excited to work with companies like CGB who are demonstrating leadership in the industry by committing to help farmers make more money through the adoption of sustainable practices while reducing emissions in the ag value chain.”

“At CGB we are driven to connect value-added solutions to our upstream farmer producers, while simultaneously meeting the evolving needs and quality characteristics of our downstream consumer,” said Eric Slater, President and CEO of CGB Enterprises, Inc. “Through our work with Indigo, we are excited to expand upon and connect value-added production practices at the farm level that would promote sustainability within the grain, feed, and food supply chains.”

Through its Market+ Source sustainable crop program, Indigo

Climate, Nature, Supply Chain, Sustainability, World

The company delivers more than 10 Million bushels of sustainably grown grain, helping companies meet climate commitments

Indigo Ag, the premier sustainability partner of the agriculture industry, is using its proprietary measurement, reporting and verification (MRV) capabilities to help consumer goods companies measure and reduce their Scope 3 emissions and water use through the agricultural supply chain.  

Through its Market+ Source (Scope 3) program, Indigo connects consumer goods companies to sustainably grown crops within their existing supply chain. Indigo partners with agribusinesses to support farmers in adopting sustainable practices, the results of which are quantified through Indigo’s MRV capabilities. The company has had success working with multibillion-dollar companies over the last few seasons to deliver more than 10 million bushels of sustainably grown grains, reducing emissions by more than 15,000 metric tons and saving 6.7 billion gallons of water – enough to sustain 36 million people for a year.  An additional 13 million bushels have been contracted to be delivered in 2024. Indigo has secured farmer premiums of up to 10 per cent for sustainably grown crops with minimal impact on the price of finished goods.  

For The North Face and other VF Corporation brands, Indigo used its MRV capabilities to deliver more than 31,000 bales of sustainably grown cotton.  

“We are excited about the positive environmental impacts regenerative cotton production can have not only for The North Face products but for our industry as a whole,” said Carol Shu, senior manager of global sustainability for The North Face. “Regenerative agriculture-sourced materials have the ability to shift the industry from simply ‘doing less harm’ to actually replenishing or having a positive impact on nature and resources. As a brand that is committed to protecting the outdoor places we love to play in, we believe this is another critical step in addressing climate change impacts in our supply chain.”  

“The scientific rigour of our models and operational processes have allowed us to connect sustainability claims to the physical delivery of grain and cotton, and we are seeing incredible success,” said Ron Hovsepian, president and CEO of Indigo Ag. “This is just the beginning. With the Science Based Targets initiative (SBTi) guidance on Forest, Land and Agriculture finalised last year and the Greenhouse Gas Protocol’s guidance on the land sector and removals expected to be finalised this fall, we are well positioned to help corporations achieve their Scope 3 targets. We look forward to expanding our capabilities to include more crops and more practices to better serve more corporations.”  

Indigo’s proprietary MRV capabilities use the highest scientific standards to quantify environmental benefits for companies participating in the Market+ Source program. The program currently includes corn, wheat, rice, and cotton, and will be expanding to new crops in 2024. 

The company delivers more than 10 Million

Agrotech, Company News, North America

For the first and second carbon crops, Carbon by Indigo farmers were paid $30/credit, a 200 per cent increase over the original guaranteed payment rate.

US based Indigo Ag, the premier sustainability partner of the agriculture industry, announced the completion of its second carbon crop, consisting of more than 110,000 agricultural carbon credits. Issued by one of the world’s most trusted carbon registries, the Climate Action Reserve, Indigo’s second crop of credits was produced by U.S. farmers enrolled in its industry-leading carbon farming program, Carbon by Indigo.

The second crop of credits represents more than 110,000 metric tons of carbon dioxide and other greenhouse gas emissions sequestered or abated by farmers. The credits were produced by nearly 430 farmers across 22 U.S. states, including existing and new farmers and new fields in their operations. The second carbon crop demonstrated the program’s growth and durability, as Indigo’s carbon program realized a roughly 5x credit growth from its inaugural crop. Carbon by Indigo Farmers Produce the Highest Quality Agricultural Carbon Credits Available on the Voluntary Market.

For the first and second carbon crops, Carbon by Indigo farmers were paid $30/credit, a 200 per cent increase over the original guaranteed payment rate.

With sustainable agriculture gaining momentum as a vital tool to combat climate change, the need to scale nature-based solutions is at an all-time high. Indigo’s first carbon crop – issued in June of 2022 and consisting of more than 20,000 credits – established the company as the first to ever generate verified, registry-issued agricultural carbon credits at market scale. This second carbon crop further demonstrates the repeatability of this process, the potential for exponential growth, and the appeal to both farmers and buyers. It also reinforces the ability of farmers, and the agriculture industry broadly, to have a real, measurable, and durable impact on one of the world’s largest carbon sinks.

“Our second crop of soil-based carbon credits signifies the enormous growth and potential for farmers to sequester more carbon in the soil while increasing their own profitability, with 75 per cent of the credit revenue going directly back to farmers,” said Ron Hovsepian, president & CEO of Indigo Ag. “The verified credits produced by the Carbon by Indigo program represent significant and immediate environmental benefits. We are incredibly excited about the strong demand we are seeing from companies looking to high-quality offsets as part of their climate roadmaps.” 

Indigo’s growing network of global partner companies, including many long-term buyers, have committed to purchasing Indigo’s verified agricultural carbon credits in advance of this new carbon crop.

Indigo Ag is the only company producing verified, registry-issued soil carbon credits at scale, rewarding farmers for adopting sustainable farming practices that benefit the environment and their operations. The Carbon by Indigo program includes removals and abatement of carbon dioxide and other greenhouse gases. The credits are measured, verified and issued under the most rigorous scientific standards, making them the highest quality agricultural carbon credits available on the voluntary market. The program’s economic and agronomic incentives for farmers establish long term viability for the program.

For the first and second carbon crops,

Agro chems – Fertilizers, Agrotech, Company News, R&D, World

Parties enter into a letter of intent for an exclusive distribution agreement that would enable ISAOSA to bring Indigo 30 to Mexican corn growers from 2024

Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, and ISAOSA, the leading fertiliser distributor in Mexico, announced plans to bring Indigo’s innovative microbial technology to Mexican corn growers for the first time.

Indigo 30, which is part of Indigo’s biotrinsic™ portfolio of microbial products, has been proven to increase crop yields of corn. The novel formulation will – for the first time – enable Indigo 30 to be directly mixed with fertiliser, which significantly expands the window of application of the product for farmers. Commercial launch is planned for the first half of 2024 following completion of the registration process.

With a collection of more than 36,000 microbial strains, Indigo has established itself as a global leader in harnessing the potential of plant microbiome for growers around the world to improve yields whilst reducing the use of other inputs. This contributes to increased grower profitability and a better environment.

Indigo and ISAOSA have entered into a letter of intent to reflect the proposed partnership, with plans to enter into a formal agreement in 2023. Under the proposed agreement, ISAOSA would be the exclusive distributor for Indigo 30 in Mexico and will add the product to its fertiliser portfolio to further enhance performance for growers. The two companies have conducted various trials over the past 2 years which have demonstrated significant yield improvements through the combination of Indigo 30 with existing ISAOSA products.

Commenting on announcement, Georg Goeres, Global Commercial Biologicals Licensing Lead for Indigo Ag said, “We are delighted to have formed this partnership with ISAOSA. The results of multiple trials have demonstrated significant yield improvements for corn growers. This novel formulation, which is incredibly hard to achieve, enables Indigo 30 to be directly mixed with fertiliser for the first time. This significantly broadens the window of application for the farmers as well as creating new market opportunities for Indigo to work with fertiliser producers. We are excited to be working with ISAOSA to launch Indigo 30 in 2024 as well as exploring other opportunities to extend our partnership.”

Stefan Strietzel, ISAOSA’s Managing Director said, “We are very pleased to develop new technologies in partnership with Indigo Ag to enhance our portfolio with innovative products, that help farmers to increase yields and are in line with our drive for sustainability in Mexican agriculture.”

Parties enter into a letter of intent

Company News, North America, Sustainability

Payments for over 25,000 acres delivered to farmers

Corteva, Inc. has announced payments to farmers who produced credits as participants in the 2021 pilot of Corteva Agriscience’s Carbon Initiative. This is a significant milestone in the quest to validate carbon markets in the agriculture sector, as building solutions that support and incentivise farmers to reduce these emissions is critical for the food system at large.

This pilot which first launched Corteva’s Carbon Initiative in April 2021 to corn and soyabean farmers in Illinois, Indiana and Iowa — was designed to test the ability of the company to deliver scalable scope 3 emissions outcomes for food company buyers that would be consistent with climate accounting guidance. Corteva Agriscience has paired this commercial pilot with fundamental research, including soil sampling acres beyond what current certification agency requirements, creating a dataset that serves as a baseline for monitoring the progress on these acres over time.

“In partnership with our strategic collaborators, Corteva Agriscience is moving the needle when it comes to delivering carbon solutions at scale in agriculture,” said Emma Fuller, Carbon and Ecosystems Programmes Leader with Corteva Agriscience. “Soils are a high-potential pathway for reducing and sequestering carbon to address greenhouse gas emissions – but these programmes must deliver real outcomes and work at scale on millions of acres to make an impact. That is where pilots, such as the scope 3 work through Corteva’s Carbon Initiative, are critical.”

Building on this pilot, Corteva’s Carbon Initiative completed its first major expansion in August 2021 through a joint effort with Indigo Ag, a collaborator whose investments in science and technology have continued to expand eligibility and improve the measurement, reporting and verification required to produce high quality carbon outcomes.

“Scientifically rigorous quantification is the key to success for both sides of the agricultural sustainability market – from growers looking to translate their efforts to the most value, to the companies looking to reduce their scope 3 emissions with confidence and trust in the realness of the results,” said A J Kumar, Vice President of Sustainability Sciences with Indigo Ag.

Payments for over 25,000 acres delivered to