AgTech Deals Regenerative Agriculture Soil

CIBO Technologies & Truterra Expand Collaboration

CIBO Technologies and Anew Climate, LLC announced an agreement to enhance the Locus Agriculture (Locus AG) CarbonNOW® program.
Photo by Ilya Semenov on Unsplash

Key Takeaways:

  • CIBO Technologies and Truterra announce an expansion of their partnership and successful summer program launch.
  • The collaboration has facilitated the enrollment of millions of acres into sustainability programs.
  • Agriculture accounts for approximately 10% of U.S. emissions and 90% of Scope 3 emissions for CPG and related industries.
  • The partnership aims to help companies address Scope 3 emissions and offer farmers opportunities for sustainability incentives.

CIBO Technologies, a climate software company specializing in agriculture, has announced an expansion of its collaboration with Truterra, an agricultural sustainability business. The partnership, ongoing for several years, has resulted in the enrollment of millions of acres of farmland into sustainability programs. This effort is part of a broader goal to address agricultural emissions and assist companies in meeting their emissions reduction targets.

Agricultural Emissions and Challenges

Agriculture is recognized as a significant source of greenhouse gas emissions, contributing roughly 10% of overall U.S. emissions and 90% of Scope 3 emissions for consumer packaged goods (CPG) and related industries. Many companies within food, biofuels, and other ag-related sectors have set targets for reducing emissions in their supply chains. However, financial and operational challenges have slowed the progress of scaling sustainability initiatives.

CIBO and Truterra’s Sustainability Solutions

Through their collaboration, CIBO Technologies and Truterra aim to address these challenges by providing solutions for companies and farmers. Using CIBO’s platform, Truterra has been able to connect companies seeking to reduce Scope 3 emissions with farmers in their supply chains. Additionally, the platform enables farmers to combine privately funded sustainability programs with government programs, and helps companies quantify and report the impact of sustainable practices on emissions reductions.

Program Enrollment and Farmer Engagement

Since 2022, Truterra has utilized CIBO’s platform to launch over 20 sustainability programs. CIBO has supported Truterra in scaling interventions and reporting emissions impacts for projects related to Scope 3 emissions and regenerative practice incentives. The collaboration has resulted in:

  • The enrollment of over two million acres in sustainability programs.
  • Thousands of farmers using CIBO’s platform to qualify their land for Truterra programs.
  • Hundreds of thousands of acres enrolled within 24 hours of the most recent program launch.

Truterra’s President, Jamie Leifker, highlighted the company’s focus on supporting farmers:“Truterra is committed to putting farmers’ needs at the heart of all our programs, ensuring they have the resources to scale regenerative practices.”

CIBO Technologies’ CEO, Daniel Ryan, discussed the platform’s role in providing necessary data and visibility: “We understand the challenges farmers face and have built CIBO Impact to support companies like Truterra in reducing emissions through measurable practices.”


CIBO Technologies Latest News

Partners with Scoular to Support Regenerative Ag (2024/10/09)

CIBO Technologies partnered with Scoular, a leading agribusiness, to improve data collection and emissions reduction outcomes for regenerative agriculture and low carbon intensity crops. The partnership aims to provide biofuel producers with the necessary feedstocks to qualify for tax credits under Section 45Z of the Inflation Reduction Act. Scoular’s farmers will be better equipped to provide the necessary data for biofuel producers to qualify for incentives. The partnership will also allow Scoular to collect valuable data on regenerative practices and design programs to navigate future regulatory changes.

Expands EQIP Solution to 19 States (2024/09/19)

CIBO Technologies, a climate software company, has expanded its Environmental Quality Incentives Program (EQIP) solution to 19 states, allowing more farmers to access government and corporate financial incentives for conservation practices. The platform simplifies the application process, addressing challenges faced by farmers, USDA service centers, and private companies with Scope 3 emissions goals. CIBO plans to expand to more states and introduce additional financial incentive programs by 2025, focusing on helping farmers tap into available resources for sustainable farming practices.

Partners With Anew Climate (2024/07/18)

CIBO Technologies and Anew Climate have partnered to improve the Locus Agriculture CarbonNOW program. The CIBO Impact platform will assist growers in monitoring soil carbon results, automating program enrollment, soil sampling planning, and reporting processes. The platform features the Control Plot Manager for accurate carbon credit quantification. CarbonNOW is the first U.S. carbon farming program to use biologicals as an approved practice change. The partnership focuses on data integrity and climate benefits, allowing for the monitoring of the program’s impact and quantifying climate benefits from soil carbon to credit.

CIBO Technologies & The DeLong Co., Inc. Partners to Boost Regenerative Agriculture (2024/06/28)

CIBO Technologies has partnered with The DeLong Co., Inc., a family-run enterprise with 38 grain, agronomy, and export locations in the US, to assist farmers in finding, qualifying for, and enrolling in regenerative agriculture incentive programs supported by the USDA and private companies. The partnership aims to enhance farm profitability and sustainability by providing new incentive opportunities to growers, promoting sustainable and climate-resilient farming practices. The CIBO Impact Platform will help scale access to public and private programs that encourage regenerative agriculture practices, increasing near-term profitability and long-term productivity for farmers. Benefits for farmers include increased sustainable agricultural incentive payments, prequalification of land, simplified program enrollment, automatic prequalification for new programs, and navigation of NRCS programs.

Unveils Comprehensive Scope 3 Offering for Agricultural Enterprises (2024/05/29)

CIBO Technologies has introduced a comprehensive end-to-end Scope 3 offering to assist agricultural enterprises in identifying, measuring, reducing, and reporting carbon emissions throughout their supply chains. The CIBO Impact platform and its network of Grower Network Partners help decarbonize agricultural commodities and promote the adoption of conservation practices through farmer incentive programs. This offering addresses challenges in carbon emissions reporting and aims to support the transition to more sustainable agricultural practices.

1 Comment

Leave a Reply