Bayer is spearheading the launch of Project Carbonview, a first-of-its-kind technology solution that will help farmers in the United States drive more sustainable supply chains and mitigate the impact agriculture has on the environment by aggregating the carbon footprint of end products.
This initiative, developed in collaboration with Bushel and Amazon Web Services, will initially enable ethanol producers in the U.S. to track carbon emissions across the entire supply chain — from planting through production — and implement more sustainable business practices by providing the data needed to make more informed purchasing decisions and reduce their carbon emissions.
Eligible farmers who enroll in the pilot will receive compensation for participation. Ultimately, once these markets are broadly established, Bayer anticipates that growers will be compensated based on the implementation of sustainable farming practices and will share in the financial incentives created by low-carbon fuel markets.
For farmers who opt into the program, Project Carbonview streamlines on-farm data collection with Bayer’s Climate FieldView application and connects it with delivery and transportation data captured from the 54,000 U.S. active users of Bushel’s platform. Through the Climate FieldView platform, farmers continue to own their data and choose who to share their data with.
Project Carbonview, which is built on Amazon Web Services, allows permissioned access to on-demand product transaction and crop exchange market data from the ethanol production facilities through the Bushel platform to evaluate the carbon impact of sourcing and purchasing decisions.
According to Bayer Crop Science, the program is intended to connect farmers more deeply into the value chain to better capture their carbon contribution and drive the entire value chain to net-zero carbon emissions and as a path to enabling farmers to participate in the value we anticipate will be created from emerging low-carbon fuel markets.
As part of a recent pilot, Project Carbonview identified opportunities to optimize supply chain partners to reduce Scope 3 — or downstream supply chain — emissions in a single year. For farmers, Project Carbonview provides another option for them to participate in and capture value from these evolving markets. This new solution marks the latest development by Bayer — who is working to build a portfolio of farmer-facing programs to complement its existing Bayer Carbon Initiative, a program which incentivizes the adoption of climate-smart practices, creating new revenue streams for growers who use technology to keep carbon in the soil — and out of the atmosphere.
The team behind Project Carbonview is piloting the solution with U.S. corn producers during the 2022 season and plans to expand the program in the future to other global regions and other feed grains, food grains and oilseeds such as soybeans. Within the pilot, the team is exploring how Project Carbonview can assist ethanol producers to capture the impact of corn production within their emissions reporting, as well as opportunities for users to share best practices for achieving emissions benchmarks within a dedicated community.