Corteva initiates payments on Carbon Initiative pilot programme

摘要

Corteva Agriscience has made payments to farmers who produced credits as participants in its Corteva Agriscience’s Carbon Initiative pilot programme. The company launched a carbon and ecosystems services portfolio in April last year, encouraging growers to participate in carbon capture. The rollout started in the US states of Illinois, Indiana and Iowa for maize and soybean growers. Corteva says that the pilot was designed to test its ability to deliver scalable scope 3 emissions [includes indirect emissions that occur in a company’s value chain] outcomes for food company buyers that would be consistent with climate accounting guidance. According to the US EPA, Scope 3 emissions are the result of activities from assets not owned or controlled by the reporting organisation, but that the organisation indirectly impacts in its value chain.