Business
Verity Announces Agreement with Minnesota Soybean Processors to Track and Verify Sustainable Agriculture Attributes
Gevo subsidiary Verity and Minnesota Soybean Processors partner to pass sustainability value to final products ENGLEWOOD, Colo., April 03, 2025 (GLOBE
About this update from Gevo, Inc.
[{"type":"text","content":"Gevo subsidiary Verity and Minnesota Soybean Processors partner to pass sustainability value to final products\nENGLEWOOD, Colo., April 03, 2025 (GLOBE NEWSWIRE) -- Verity Holdings, LLC (“Verity”), is pleased to announce we have partnered with Minnesota Soybean Processors (“MnSP”) to implement Verity’s proprietary track and trace software. This collaboration aims to unlock additional value for MnSP through export premiums while streamlining compliance reporting and auditability. “This partnership with MnSP is a great example of how Verity’s technology empowers producers to capture and communicate the value of sustainable agriculture,” said Kimberly Bowron, President of Verity. “By leveraging our advanced data verification and supply chain transparency solutions, MnSP can document key attributes with confidence, ensuring that sustainably grown soybeans translate into real value for farmers, processors, and international buyers alike.” This partnership reinforces Verity and MnSP's commitment to expanding opportunities in international markets for sustainably certified products, such as those derived from regeneratively grown soybeans. Both companies share the view that this is the first of many opportunities to create value by ensuring complete traceability from farm to finished products. Since 2003, MnSP has operated a soy crush plant that processes 100,000-plus bushels per day; a refinery for producing feedstock for edible oil and biofuels out of crude soybean oil; and a 41 million gallon per year biodiesel-production plant that has operated for 20 years, located in Brewster, Minnesota. About VerityVerity Holdings, LLC, a wholly owned subsidiary of Gevo, Inc (NASDAQ: GEVO), is pioneering the ability to track, verify, and quantify carbon intensity across the entire carbon cycle. Through its proprietary digital MRV (Measure, Report, Verify) platform, which is powered by distributed ledger technology, Verity offers comprehensive carbon project development and accounting services. These services are designed to enhance the environmental value across entire business systems, maximizing the value of carbon and sustainability efforts at each stage. Verity is at the forefront of creating the ability to track, verify, and empirically value carbon intensity across the full carbon lifecycle. About GevoGevo, Inc. is a next-generation divers...