Today we announce our partnership with Epoch, a fintech company that provides environmental data sharing and payments infrastructure to make agricultural and forestry supply-chains more transparent and sustainable.
Our Global FieldID service, which establishes a geospatial reference framework for the entire agricultural industry, will integrate with Epoch’s Supply Chain CO2 API to facilitate sharing valuable data insights within the API and throughout the entire value chain. The enhanced API will connect key stakeholders, farmers to agribusinesses and ag retailers, allowing them to monitor their emissions, generate consistent and transparent assessments of their fields and seamlessly collaborate to reduce carbon emissions.
Offering a free solution for small-holders, Epoch’s API platform provides transparency on sustainability metrics on insetting practices. Epoch Blue’s platform generates and manages geospatial data to provide on-demand metrics for land plots, including compliance regulations on deforestation, greenhouse gas emissions and biodiversity. Buyers of supply-chain carbon credits can purchase carbon removals and reductions from their supply base to lower their Scope 3 footprint.
Epoch will onboard Global FieldID within its API to enhance field data and share information about specific land plots. Our solution allows farmers to map their agricultural fields through assigning unique IDs to each land plot, to essentially create a 'QR code for fields’. Epoch’s adoption of Global FieldID provides the ability for their customer base to create a globally unique reference for each monitored field with its associated environmental data such as emissions, deforestation, carbon removals and biodiversity.
Jinal Surti, CEO and Co-Founder at Epoch, commented: “We see more and more of our customers transitioning from interacting with a “black-boxed” commodities market to more transparent and trusted supply chains that carry environmental data along with the commodity throughout that value chain. While we provide that environmental data, we see the importance of a globally unique reference to each field. More importantly we believe that this reference must be open and non-commercial, which is exactly what Global FieldID and Varda have developed.”
Davide Ceper, CEO at Varda, commented: “Our mission is to facilitate the complex process of documenting regenerative farming practices through trusted data, especially for smallholder farmers. We are fully aligned with Epoch’s vision and values, and we are happy to support them in connecting stakeholders across the agricultural supply-chain to advance the food sector’s transition. This is not just about compliance, but also about creating a culture of transparency and responsibility that will enable us to feed the planet responsibly in the long term. The Global FieldID service is evolving into a digital public infrastructure and we are eager to start working with the team at Epoch to drive sustainable change together.”
To learn more about how Global FieldID can support your operations visit our page: Global FieldID.
