Market Updates, Regulations

FoodChain ID, ReSeed Partner on Transparency Program for Sustainable Practices

The new program will leverage each company’s ability to measure and verify progress in carbon sequestration under a new standard.

FoodChain ID and ReSeed have partnered to develop a transparency program for sustainable practices in the agriculture and food supply chain. Each company will leverage its expertise to incentivize, measure, and verify progress of carbon sequestration through regenerative agriculture practices, under a new carbon credit verification standard.
 
Food and agriculture together contribute over one third of the total global greenhouse gas emissions, according to the United Nations. However, these industries source less than 1% of carbon credits.
 
However, on-pack carbon emission claims for new food and beverage products grew at 33% CAGR between July 2018 and June 2023, making these claims the fastest-growing of all sustainability claims.
 
In response to the rise in carbon reduction claims, the new partnership was formed to improve measurement transparency and accountability for progress and carbon credit offsets in the supply chain.
 
The carbon credit verification partnership incentivizes farmers to invest more in regenerative agriculture practices while complying with the European Union deforestation-free regulatory requirements. The program can be combined with other farm-level audits like Organic, GLOBALG.A.P., RTRS, RSPO, Bonsucro, or ProTerra, making it more efficient for farmers seeking out multiple certifications.
 
The first joint programs launched with close to 1,000 farmers in Brazil to implement deforestation-free regenerative practices.
 
How it Works
 
ReSeed, with its AI-powered digital ledger platform, will collect and process data for carbon credit measurement protocols to allow monetization and incentivization for farmers deploying sustainable practices. The team will use its legal and technical knowledge to validate carbon estimates under international standards, and provide field technical assistance to sort eligible farmers based on sustainability standards for farming activities.
 
Meanwhile, FoodChain ID will serve as a verifier for the carbon credit partnership under ISO 14065 accreditation. FoodChain Id’s technical experts will perform yearly audits of farm practices under international sustainability standards, adding third-party credibility to the measurement of carbon sequestration in soil.
 
“FoodChain ID is proud to partner with ReSeed as the exclusive third-party verifier for this breakthrough partnership which incentivizes the agri-food supply chain to adopt more sustainable practices,” said Heather Secrist, PhD, senior vice president of technical services at FoodChain ID. “Together with the recent launch of our new global standard for Regenerative Agriculture Certification, today’s announcement affirms our commitment to contribute to a sustainable and healthy planet, while supporting the livelihood of farmers and a transparent agri-food supply chain.”
 
“Incentivizing and supporting farmers to steward carbon through regenerative farming practices is crucial in the pursuit of a healthy planet, said Zak Zaidman, co-founder and president of parnterships of ReSeed. “The carbon credit verification partnership announced today with FoodChain ID as the exclusive, independent, third-party verifier increases transparency and trust across the global agri-food supply chain. ReSeed will continue to work closely with global brands and their supply chain to invest in sustainable and regenerative practices to secure the future of both their business and the planet.” 
 

Keep Up With Our Content. Subscribe To Nutraceuticals World Newsletters