Opportunity for

• Food companies and agribusinesses seeking digital solution for tracking scope 3 emissions along the value chain and investing in sustainability transition for their network
• Dairy, wine, grains and beef industry groups who are looking for a digital solution to incentivise and demonstrate sustainability credentials linking finance, trade and primary production
• Financing partners to work with Geora on delivering financial incentives to invest in the green transition
• Companies with a trade or finance presence in the Australian or UK market, or who are sourcing from outside of those markets.

Opportunity description

Industry challenge:

We predict in the future, supplier decisions are going to be made based on sustainability metrics, and these metrics which are becoming critical for mandatory accounting and reporting purposes. Geora is supporting producers and businesses to be set up for these reporting and contract requirements.

Secure data sharing, and auditable impact metrics are key to verifying and sharing scope 3 emissions and broader nature and climate impact.

Geora provides a nature and climate intelligence platform to link producers with their agribusiness partners to access financial incentives for emissions reduction and fund the transition to regenerative practices.

The online platform focuses on financial flows, creating economic incentives to ensure the most profitable way to farm is also the greenest. It helps farmers and businesses increase their green, regenerative, and sustainable activities through dashboards to benchmark and track sustainability metrics across the entire value chain. Geora then creates incentives to improve nature and climate outcomes for trading verified credits – including carbon and nature credits - between counterparties as insets and premiums across the value supply chain.

It does this by aggregating traditionally siloed data to a single source of truth, verifying impact metrics, and building transaction rails to deliver financial incentives.

Current opportunity:

Geora seeks to collaborate with food companies and agribusinesses wanting to track scope 3 emissions and invest in better sustainability outcomes across their network of producers. Geora has a strong presence in Australia with a growing customer base in South-East Asia and plans to expand further along existing customer value chains into the UK and Europe.

Geora has piloted with large players like RaboBank and CBH Group, and Geora has established a partnership with National Australian Bank (NAB). In January NAB reported its first customers had begun inputting data via the Geora platform on sustainability targets such as ground cover and livestock health, as part of the conditions of the banks’ Agri Green Loan.

The platform is built to support participants across the supply chain also including farmers, agri-traders, processors, food production companies or cooperatives.