Alliance Wine and Deep Planet - Carbon Insetting Project
from Alliance Wine What’s New
Alliance Wine has committed to a broad array of projects relating to sustainability and making a positive impact. One of the most exciting of these is our partnership with Deep Planet, a global AgriTech company dedicated to harnessing the power of machine learning to address environmental challenges, which will introduce carbon insetting to our business practices.
Carbon offsetting, the practice of compensating for your emissions by funding an equivalent carbon dioxide saving elsewhere, has been widely discredited. There are numerous instances where schemes have had minimal impact, have not worked at all, or, in some cases, have been entirely fake.
Carbon insetting, where companies invest directly in carbon reduction by creating projects within their own supply chain rather than buying carbon credits, is proving far more effective.
We see insetting rather than offsetting as the future and the best way to create a positive impact.
Carbon Sequestration
One of the means we are testing is using regenerative farming to sequester carbon in the land.
Sequestering carbon enhances soil organic matter (SOM), which is crucial for soil health. Improving SOM results in better soil structure, increased retention of water and nutrients, and enhanced soil fertility. These benefits support more robust and productive ecosystems. Therefore, implementing carbon sequestration practices not only helps the environment but also promotes the long-term sustainability and productivity of vineyards.
Deep Planet’s team of plant scientists and researchers have developed a series of data sources, from satellite imagery to historical data, to create a monitoring and prediction platform that can accurately assess the amount of carbon being removed from the atmosphere and sequestered in the land.
We have started working with some of our producers to explore this process within their vineyards. Guiding, advising and monitoring the vineyards with the help of Deep Planet is the start of a long-term and ambitious project to bring all our producers together to mitigate climate change by increasing carbon sequestration from the atmosphere. This initiative will benefit us and our supplier base, aiding more than just one business.
As Marta Juega Rivera PhD, our Head of Positive Impact, says, “We can do more together”.
For more information on this project, please get in touch with Marta at Marta.JuegaRivera@alliancewine.com