FoodChain ID, a pioneer in global sustainability certification, and ReSeed, the first provider of full lifecycle carbon credit traceability, have announced a partnership to increase transparency in measurement and verification of sustainable practices in the agri-food supply chain. With the goal to support a healthy planet, the partnership will leverage each company’s unique, world-class expertise to incentivise, measure and verify the progress of carbon sequestration through regenerative agriculture practices under a new carbon credit verification standard.
The food and agriculture industry currently contributes over one-third of the total global greenhouse gas emissions, according to the United Nations. However, less than 1 % of carbon credits on the market are sourced from agriculture.1 As consumer awareness of the industry’s role in accelerating global warming has grown, food companies have responded with more sustainable products and product claims. In fact, on-pack carbon emission contribution claims for new products grew at 33 % CAGR between July 2018 and June 2023,2 making such claims one of the fastest growing sustainability claim categories in food and beverage. In response to the claim proliferation, the carbon credit verification partnership is designed to increase measurement transparency and accountability for sustainability progress and carbon credit offsets in the agri-food supply chain.
Additionally, the carbon credit verification partnership incentivises farmers to invest more in regenerative agriculture practices while complying with European Union deforestation-free regulatory requirements (EUDR). Finally, by combining the program with other farm-level audits, such as Organic (EU, USDA and others), GLOBALG.A.P., RTRS, RSPO, Bonsucro or ProTerra, the program offers efficiencies for farmers. The first joint programs have launched with close to a thousand farmers in Brazil to implement deforestation-free, regenerative practices.
ReSeed, with its AI-powered digital ledger transparency platform, will collect and process data for carbon credit measurement protocols to allow monetisation and incentivisation for farmers deploying sustainable practices in the field. ReSeed’s team will also leverage their 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.
FoodChain ID, with over 25 years of experience in global sustainability certifications, will serve as the exclusive verifier for the carbon credit partnership under ISO 14065 accreditation. FoodChain ID’s independent 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.
1Ivy S. So, Barbara K. Haya, Micah Elias. May 2023. Voluntary Registry Offsets Database, Berkeley Carbon Trading Project, University of California, Berkeley.
2Innova Insights/Nutrition Insights, July 2018 to June 2023.
PLM market leader and top regulatory compliance provider team up to create integrated platform to screen ingredients throughout product development lifecycle
Centric Software®, the Product Lifecycle Management (PLM) market leader and FoodChain ID, the leading food safety and regulatory service provider are pleased to announce their partnership to bring enhanced regulatory compliance capabilities to product development. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, price and sell food & beverage, cosmetics and consumer products to achieve strategic and operational digital transformation goals.
FoodChain ID is trusted by over 30,000 companies across the global supply chain, with technology-enabled solutions and expertise to keep the food and cosmetics supply chain safe and transparent.
The highly controlled industries of Food and Cosmetics require access to trustworthy regulatory information so that the risk of formulation missteps are reduced, especially at the development stage. This saves much time and effort down the line, and notably lessens the chance of dreaded recalls.
Not all PLM platforms have strong formulation capabilities and those that do often rely on manual look-ups or databases pieced together by in-house regulatory compliance teams. The pairing of FoodChain ID’s world-class regulatory libraries and databases driven by the agility of Centric PLM’s formulation, packaging, quality, nutrition, labeling and artwork capabilities gives the food and cosmetics industries the best of both worlds, resulting in a complete formulation and regulatory compliance solution.
Clinton Chadwick, Vice President, Strategic Partnerships at FoodChain ID, explains how the association drives accuracy and speed into product development. “What makes this partnership with Centric Software so exciting is the ability to accelerate product innovation with Centric PLM by reducing time-consuming iterations between product development and regulatory compliance teams.” Chadwick adds, “With FoodChain ID’s data sources pulling from over 220 countries, the data quality of our compliance engine is second-to-none.”
Ron Watson, Executive Vice President of Product at Centric Software discusses how much more efficient it is to formulate with FoodChain ID. “Product developers working in Centric PLM can see the immediate impact of ingredient changes against current global regulatory compliance regulations as they are formulating.” For example, when looking at market expansion, the food or cosmetics scientist can evaluate a formula or ingredient against a regulatory threshold level in the target country and then adjust the formula at the development stage if necessary, where ingredient changes will have little negative impact.
Chris Groves, CEO of Centric Software says, “We are overjoyed about our alliance with FoodChain ID. It marries Centric’s technological expertise in food & beverage, cosmetics, beauty and other formulated goods with FoodChain ID’s extensive global databases and stellar reputation in food safety and regulatory compliance. This gives the users of both solutions confidence in formulation and the means to work seamlessly in one platform, driving even more efficiency into product development.”