Tyson Ventures, the venture capital arm of Tyson Foods, Inc., has invested in Athian, the world’s first cloud-based carbon marketplace for the livestock industry. This new investment and previous investments from Elanco Animal Health Incorporated and Newtrient LLC will accelerate the launch of Athian’s transactional carbon credit insetting program for the livestock sector. This program will provide economic incentives for on-farm sustainability practices while helping to improve the food system’s sustainability and reduce climate warming. The platform is expected to launch in the second half of 2023, enabling livestock farmers to earn revenue to fund sustainable practices prioritizing measurable carbon management practices.
Athian’s carbon credit insetting platform will help beef and dairy value chains capture and claim carbon credits earned through sustainability efforts. The platform will aggregate, validate, and certify greenhouse gas reductions, monetizing those reductions by selling carbon credits. By enabling livestock farmers to earn revenue to fund sustainable practices, the platform can incentivize more sustainable farming practices and promote the reduction of greenhouse gas emissions in the livestock industry. The launch of Athian’s carbon credit insetting platform marks an important milestone in reducing greenhouse gas emissions from the livestock industry. With the platform, livestock farmers can benefit from sustainable farming practices and contribute to the overall sustainability of the food system. This move by Tyson Ventures, alongside previous investments from Elanco Animal Health Incorporated and Newtrient LLC, highlights the growing demand for more sustainable food production and technology and innovation’s critical role in promoting sustainability.
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