01/12/23

Public announcement to disclose the purchase of tokens by EISA, subsidiary of the ECOM Group in Brazil

 

EISA is a pioneer in supporting new climate technologies, demonstrated by their purchasing of traceable environmental tokens from Bluebell Index. It is part of the ECOM Group, which is one of the largest global merchants in coffee, cotton, and cocoa trading. EISA itself trades coffee and cotton.

 

EISA announced the purchase of environmental tokens from Bluebell Index, a climate fintech, which offers high quality environmental data on carbon, soil, water, and biodiversity. Environmental tokens are digital units that represent the environmental benefits generated by Nature Based Solutions projects.

 

Through this purchase, EISA reinforces its commitment to sustainability and innovation, and its continuous investment to mitigate climate change. This is the first trade in the world of traceable environmental assets that include information on the entire project since inception, using blockchain technology marking a new paradigm for the global environmental market.

 

 

Origin of these tokens

 

The origin of the tokens that were acquired by EISA is the Bom Jardim Pascoal farm located in São Vicente de Minas, in the Brazilian state of Minas Gerais. Situated in the Atlantic Forest biome, its main activities are agriculture and livestock, which are performed above legal and environmental requirements, and has allowed for the improvement of carbon stocks in the farm.

 

 

About Bluebell Index

 

Bluebell Index is a developer and certifier with a proprietary methodology that uses cutting-edge science and technology to facilitate rural landowners' access to the market for traceable environmental assets. This reduces entry barriers, as the program is carried out in partnership with rural landowners without any direct cost, a shorter-term implementation, and with a greater environmental coverage than the conventional carbon market. It promotes additional revenue to landowners and rewards them for implementing the best production and preservation practices. Buyers (corporations and governments) who are interested in investing in climate change mitigation have access to a token that combines traceability, integrity, science, and technology which makes the product trustworthy. Hence, eliminating reputational risk and reinforcing commitments to meet environmental goals. Part of the Bluebell Index's revenue is directed to Private Social Investment.

 

 

About the ECOM Group

 

The ECOM Group, founded in 1849, is one of the largest and most respected commodities trading companies in the world, focusing on sustainability and social responsibility. The company has 40 offices in 35 commodity-producing countries, offering origin services, processing and distribution services. Its main products are coffee, cotton and cocoa, but it also operates in other agricultural segments. The group is renowned in the markets where it is present: it is one of the two largest coffee traders in the world; it has the largest coffee mill on the planet; it is among the four largest in the cocoa sector and among the five largest in the cotton sector. These rankings demonstrate its commitment to innovation and leadership in the soft commodities industry.

 

More news

Sustainability Coffee
News
Click to read this article

Deep diving into traceability with the Vietnam SMS team

Chronicles of Michaela’s travels" 2024 edition is now live! After Latin America Last year, she now headed to Vietnam where she travelled with the SMS operations. She will be narrating her trip and experiences through a mini-series which will be shared throughout the rest of the calendar year.

Cocoa
News
Click to read this article

Strengthening the knowledge of cacao producers in Peru

In an effort to promote sustainable improvement in cocoa production, ECOM Peru brought together 70 associated producers in an enriching field event on January 30 and 31 in the Huánuco region.

Sustainability
Stories
Click to read this article

Clean Water Access for Smallholder Farmers in Uganda

In 2021 Kawacom initiated a three-year project in partnership with Taylors of Harrogate with a focus on water, sanitation, and hygiene aimed to support 13,500 farmers and their families in the coffee-growing communities around the Sipi region.

Coffee Cocoa
Stories
Click to read this article

A Transformative Project for Sustainable Farmers

In November 2023, our “Coffee, Cocoa and Climate Change '' project in collaboration with the German Agency for International Cooperation GIZ in Nicaragua was concluded. Read more about it here.

People
Stories
Click to read this article

Gulfood Dubai 2024

It's a wrap! The ECOM Village reopened its doors at the Gulfood in Dubai from the 19th to 23rd February and for the first time as a cross commodity show! Read more about it here.

Innovation
News
Click to read this article

NetZero e EISA anunciam parceria pioneira para construção de uma fábrica de biochar em Machado (MG)

NetZero, green tech francesa pioneira na valorização de resíduos agrícolas em biochar, e EISA café, Empresa Interagrícola S.A. do Grupo ECOM, anunciam a construção de uma fábrica de biochar em Machado (MG).

Coffee Innovation
News
Click to read this article

NetZero and ECOM announce pioneering partnership for large-scale biochar deployment in coffee farming

NetZero, a French start-up pioneering the industrial production of biochar in the tropics, and ECOM Agroindustrial Corp. Ltd., one of the world’s leading traders of agricultural commodities, announce a pioneering partnership to accelerate the large-scale deployment of biochar in coffee farming.

Technology
News
Click to read this article

Future proofing our supply chain

As we celebrate our 175th anniversary, and look to the future, ECOM is delighted to announce our partnership with BanQu, a leading supply chain traceability platform that provides end-to-end auditable and verifiable data collection and reporting.

People Sustainability
Stories
Click to read this article

A day at the Satellite schools in El Salvador

Our team in El Salvador, with help from the ECOM Foundation established a pilot for the Satellite School Program in 2011, for children and adults in rural coffee and cocoa farming communities. Read more about it here.