BOSTON, MASSACHUSETTS, US — Consolidated Grain and Barge Co., a subsidiary of CGB Enterprises, Inc., is partnering with Indigo Ag to quantify the environmental benefits of sustainably grown crops sourced by CGB.

Indigo Ag will use its Market+ Source program to quantify the emissions factor for the grain CBG purchases from farmers using more sustainable farming practices. These grains would be purchased at a premium and ultimately sold to CGB customers looking to decarbonize their value chains, including food and beverage companies, ingredient companies and regenerative and sustainable fuel producers.

Indigo's proprietary measurement, reporting, and verification (MRV) capabilities use scientific standards to quantify environmental benefits.

"As corporations look to achieve their Scope 3 emissions targets, the ability to quantify the environmental impact of sustainable practices with a high degree of certainty is critically important," said Ron Hovsepian, president and chief executive officer of Indigo Ag. "We are excited to work with companies like CGB who are demonstrating leadership in the industry by committing to help farmers make more money through the adoption of sustainable practices while reducing emissions in the ag value chain."

"At CGB we are driven to connect value-added solutions to our upstream farmer producers, while simultaneously meeting the evolving needs and quality characteristics of our downstream consumer," said Eric Slater, president and CEO of CGB Enterprises, Inc. "Through our work with Indigo, we are excited to expand upon and connect value-added production practices at the farm level that would promote sustainability within the grain, feed, and food supply chains."