Key Takeaways
- TRACT and BanQu have announced a partnership to integrate farm-level data with commodity flows.
- The collaboration addresses traceability gaps and supports compliance with EU Deforestation Regulation (EUDR).
- Real-time data integration enables companies to streamline reporting and improve sustainability efforts.
- The joint solution enhances transparency and includes critical metrics such as Scope 3 carbon emissions and farmer income.
- TRACT aims to simplify regulatory requirements while promoting supply chain impact at scale.
A Strategic Partnership Between TRACT & BanQu for Supply Chain Transparency
TRACT, a digital platform focused on supply chain intelligence and traceability, has partnered with BanQu, a data and economic identity provider, to integrate farm-level data into its platform. This collaboration enables real-time synchronization of geolocation and sustainability data collected by BanQu’s global teams with TRACT’s commodity tracking systems.
“This partnership allows companies to focus on impact instead of data collection,” said Allison Kopf, CEO of TRACT. “By seamlessly integrating farm-level data into TRACT’s platform, we’re making it easier than ever to meet regulatory requirements while driving real change in supply chains.”
Supporting EUDR Compliance at Scale
A central goal of the partnership is to support compliance with the European Union Deforestation Regulation (EUDR), which requires detailed geolocation and farm-level traceability. Many businesses face challenges acquiring and managing this data. The integration of BanQu’s collection tools with TRACT’s compliance framework offers an end-to-end solution.
“Now, farm-level data isn’t just collected—it’s instantly connected, making compliance, transparency, and farmer inclusion a reality at scale,” said Ashish Gadnis, Co-Founder and CEO of BanQu.
By connecting farmers directly with downstream buyers via TRACT, the system ensures continued market access for producers meeting sustainability criteria.
Beyond Compliance: Unlocking Deeper Insights
The partnership goes beyond regulatory compliance. Integrating BanQu’s farm-level insights with TRACT’s platform enhances visibility across key sustainability indicators, including:
- Scope 3 carbon accounting
- Farmer income and productivity metrics
- Land use and crop yield tracking
