POET has announced a partnership with the Farmers Business Network (FBN) to boost profits for farmers while promoting sustainable agricultural practices through the new GRO Network.
The GRO Network creates environmental transparency and matches farmers who use environmentally friendly practices with buyers who pay a premium for low-carbon corn.
“At POET we know that agriculture is the key to combating climate change, and we want to support farmers who share our mission to be good stewards of the Earth by using environmentally friendly practices. We are excited about the potential of the GRO Network to promote sustainable agriculture and utilise the resulting low-carbon corn to produce even greener bioethanol and bioproducts,” said POET Founder and CEO Jeff Broin.
The GRO Network connects farmers who utilise measurable sustainable practices with buyers who are willing to pay for verifiable low-carbon grain.
These measurements result in a farm-level carbon-intensity score that can be used by policymakers to more accurately assess the greenhouse gas (GHG) reduction for low-carbon fuel policies and make smart decisions to meet their sustainability goals.
Amol Deshpande, CEO and Co-Founder of FBN, added: “The agricultural industry has long felt the impact of climate change in the form of extreme weather, flooding, and droughts, which is why so many farmers have been investing and working to reduce their environmental impact for some time.
"Now, a standardised, accurate and comprehensive scoring tool arms all stakeholders – from farmers, food companies, consumers and investors – with the information and technology they need to make the right decisions for their farms, customers, clients and the planet.”
Popular News Stories
LATEST VIDEOHow sustainable aviation fuel (SAF) is making its way in the aviation sector