Rio de Janeiro, April 2024 – Green Data, a leader in technological solutions for agribusiness, and Varda, an innovative company in the agro sector, are pleased to announce a strategic partnership that began in April 2024. This collaboration has the objective to develop simple and efficient methods to associate rural areas with socio-environmental non-conformities in addition to simplifying the identification of risks for insurance companies and rural credit, thus optimizing insurance and rural credit analyses.

The joint mission of this partnership is to make the agribusiness financial market more transparent, sustainable and efficient through technology and intelligence. Both companies operate in the agribusiness sector, which covers insurance and rural credit, as well as trading and supply chain, allowing the simplification and standardization of the development of innovative products and services such as risk analysis, socio-environmental compliance analysis, rural productivity monitoring and analysis of rural claims.

One of the milestones of this collaboration is the implementation of Global FieldID (GFID) in Green Data's insurance and rural credit risk analysis and socio-environmental compliance analysis tools.

Represented by Anthony Phillips, CEO of Green Data, this partnership highlights the commitment to simplify the identification of areas of socio-environmental non-compliance, even without the geometries of a producer. The use of rural areas with GFID can help identify socio-environmental offenders, promoting a significant advance in the transparency and efficiency of analyzes in the sector.

The adoption of GFID has the potential to incorporate a history of socio-environmental compliance in all analyzes carried out by the Green Data platform, establishing a new standard in the market. This collaboration significantly contributes to the advancement of the sector, bringing more transparency and simplifying analyses, reducing the barriers that limit socio-environmental analyzes carried out by companies operating or using the agribusiness sector.

“Together, we will make the agribusiness market more transparent by standardizing social and environmental compliance research,” says Anthony Phillips, reflecting the spirit of this transformative partnership.

This partnership between Green Data and Varda is a significant step towards a future where agribusiness not only prospers economically, but also contributes to sustainability and social and environmental responsibility