BASF and Boortmalt Produce Europe's First Verified Impact Units [Yahoo! Finance]
BASF SE S/ADR (BASFY)
NASDAQ:AMEX Investor Relations:
basf.com/en/company/investor-relations.html
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Source: Yahoo! Finance
This achievement demonstrates the potential of climate-smart agriculture and the Global Carbon Farming Program, as well as the importance of connecting farmers with stakeholders throughout the value chain to develop scalable solutions. BASF's Global Carbon Farming Program, powered by Xarvio Digital Farming Solutions, has helped barley farmers in Ireland adopt sustainable methods, including cover crops. These initiatives resulted in an average savings of 2.3 tons CO2e per hectare, cutting GHG emissions by nearly 90% and bringing barley production closer to net zero. This is a key milestone for companies looking for a way to certify the impact of on-farm initiatives that help lower scope 3 emissions and achieve Science Based Targets Initiative (SBTi) obligations. Farmers are rewarded for sustainable practices that improve the environment while maintaining productivity through credible verification and certification. BASF continues to collaborate with the food value chain and farmers
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