Innovative Feed Ingredient Provides New Value Stream for Dairy Farmers

Rhea-AI Summary

Elanco has introduced Bovaer® (3-NOP), a new feed ingredient for dairy cows that offers a dual benefit of environmental stewardship and financial rewards for farmers. This innovative solution allows dairy farmers to reduce greenhouse gas emissions while creating a new revenue stream through carbon credit sales.

The process is facilitated by Elanco's UpLook™ tool, which quantifies emissions reductions, and Athian, a livestock carbon inset marketplace for credit transactions. This development demonstrates that sustainability and profitability can coexist in modern dairy farming, providing a scalable approach to on-farm sustainability interventions.

Positive

• Introduction of Bovaer® (3-NOP) as a new revenue stream for dairy farmers
• UpLook™ tool quantifies greenhouse gas emission reductions
• Partnership with Athian for carbon credit sales
• Alignment of sustainability efforts with financial benefits for farmers

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / July 23, 2024 / Feeding dairy cows Bovaer® (3-NOP), Elanco's newest feed ingredient, provides a scalable and credible way for dairy farmers to benefit from being good stewards of the environment by being financially rewarded for implementing on-farm sustainability interventions. Using tools like UpLook™ by Elanco, an insights-based engine designed to quantify greenhouse gas emissions, farmers can quantify their emission reduction efforts and certify carbon credits for sale through platforms like Athian, a livestock carbon inset marketplace. This announcement demonstrates that sustainability and profitability can go hand in hand.

View additional multimedia and more ESG storytelling from Elanco on 3blmedia.com.

Contact Info:
Spokesperson: Elanco
Website: https://www.3blmedia.com/profiles/elanco
Email: info@3blmedia.com

SOURCE: Elanco

View the original press release on accesswire.com

FAQ

What is Bovaer® (3-NOP) and how does it benefit dairy farmers?

Bovaer® (3-NOP) is Elanco's new feed ingredient for dairy cows that helps reduce greenhouse gas emissions. It benefits farmers by allowing them to earn income from carbon credits while implementing sustainable practices.

How does Elanco's UpLook™ tool work with Bovaer® for dairy farmers?

UpLook™ is an insights-based engine that quantifies greenhouse gas emissions reductions achieved through the use of Bovaer®. This quantification enables farmers to certify carbon credits for sale.

What is Athian and its role in Elanco's (ELAN) new dairy sustainability initiative?

Athian is a livestock carbon inset marketplace partnered with Elanco. It provides a platform for dairy farmers to sell certified carbon credits generated from their emission reduction efforts using Bovaer®.

How does Elanco's (ELAN) new feed ingredient create value for dairy farmers?

Elanco's Bovaer® creates value by enabling farmers to reduce greenhouse gas emissions and sell certified carbon credits, thus combining environmental stewardship with a new financial opportunity.