You are here
New Sustainability Risk Management Solutions for the Ag Supply Chain
Growers Edge Financial, Inc., has launched a new partnership with Sustainable Environmental Consultants (SEC) to ensure its customers have financial support to meet the challenges of sustainable agriculture.
The collaboration gives Growers Edge fintech analytics platform the ability to accurately assess value chain sustainability risk and track environmental impact, reducing the risks from farm to fork.
Joe Young, president and chief operating officer of Growers Edge says, “With Sustainable Environmental Consultants, we will incent a massive shift to regenerative agricultural and supply chain practices by providing capital and reducing associated risks.”
Growers Edge will leverage SEC’s EcoPractices platform, which assesses value chain sustainability risk and provides independent, third-party verification for growers, as well as food and beverage companies.
The two companies will develop a series of custom, scalable programs centered on the food and beverage industry and its agricultural supply system, including:
- Transition Financing – Financial solutions to finance the transition from conventional farming practices to regenerative practices that decrease environmental impact and support sustainable farming initiatives.
- Commodity Regenerative Practices Performance – Benchmarking, verification and continuous improvement plans for commodity crop farms to prove sustainability and track environmental impact.
- Environmental Impact Documentation – Independently validated documentation on the environmental impact of regenerative practices that were implemented as part of a financed initiative.
“Working with Growers Edge, we will be able to offer farmers and agrifood companies access to data-driven financial solutions to effectively navigate emerging environmental risks, intensifying regulations, and changing consumer demands,” says John Harsch, president and chief operating officer of SEC.
Joe Young emphasizes Growers Edge Financial’s commitment to breaking down financial barriers in the agriculture industry and food supply chain.
“Financial options for agrifood operations must be incredibly customized, and standard financial structures simply do not account for the time and upfront costs needed to integrate regenerative and sustainable practices into farming operations and throughout the supply chain,” says Young.