Bayer Selects Northern Trust as Provider for Digital Lifecycle Management of Carbon Credits
Northern Trust (NTRS) has been selected by Bayer as a provider for digital lifecycle management of its Voluntary Carbon Credits program. The company's Northern Trust Carbon Ecosystem™, a digital platform for end-to-end management of carbon credits, will support transactions and custodian functions for Bayer's carbon program.
The platform enables Bayer to link U.S. state origins and vintage years to digital verified carbon credits, with several carbon removal credit transactions already completed. This initiative supports Bayer's Crop Science division's goal to scale regenerative agriculture through their ForGround platform, which offers U.S. farmers agronomic support, discounts, and new revenue streams for implementing sustainable farming practices.
Bayer has a significant volume of future vintages pending verification, which will be available to additional buyers. These, combined with current credits on Northern Trust's platform, represent one of the largest credit issuances from any regenerative agriculture project to date.
Northern Trust (NTRS) è stata selezionata da Bayer come fornitore per la gestione digitale del ciclo di vita del suo programma di Crediti di Carbonio Volontari. L'Northern Trust Carbon Ecosystem™, una piattaforma digitale per la gestione completa dei crediti di carbonio, supporterà le transazioni e le funzioni di custodia per il programma carbonico di Bayer.
La piattaforma consente a Bayer di collegare le origini statali degli Stati Uniti e gli anni di produzione a crediti di carbonio verificati digitalmente, con diverse transazioni di crediti di rimozione del carbonio già completate. Questa iniziativa supporta l'obiettivo della divisione Crop Science di Bayer di scalare l'agricoltura rigenerativa attraverso la loro piattaforma ForGround, che offre agli agricoltori statunitensi supporto agronomico, sconti e nuove fonti di reddito per l'implementazione di pratiche agricole sostenibili.
Bayer ha un volume significativo di future annate in attesa di verifica, che saranno disponibili per ulteriori acquirenti. Questi, combinati con i crediti attuali sulla piattaforma di Northern Trust, rappresentano una delle più grandi emissioni di crediti da qualsiasi progetto di agricoltura rigenerativa fino ad oggi.
Northern Trust (NTRS) ha sido seleccionada por Bayer como proveedor para la gestión digital del ciclo de vida de su programa de Créditos de Carbono Voluntarios. El Northern Trust Carbon Ecosystem™, una plataforma digital para la gestión integral de créditos de carbono, apoyará las transacciones y funciones de custodia para el programa de carbono de Bayer.
La plataforma permite a Bayer vincular los orígenes estatales de EE. UU. y los años de cosecha a créditos de carbono verificados digitalmente, con varias transacciones de créditos de eliminación de carbono ya completadas. Esta iniciativa apoya el objetivo de la división de Ciencia de Cultivos de Bayer de escalar la agricultura regenerativa a través de su plataforma ForGround, que ofrece a los agricultores estadounidenses apoyo agronómico, descuentos y nuevas fuentes de ingresos para implementar prácticas agrícolas sostenibles.
Bayer tiene un volumen significativo de cosechas futuras pendientes de verificación, que estarán disponibles para compradores adicionales. Estos, combinados con los créditos actuales en la plataforma de Northern Trust, representan una de las mayores emisiones de créditos de cualquier proyecto de agricultura regenerativa hasta la fecha.
노던 트러스트(NTRS)가 바이엘의 자발적 탄소 크레딧 프로그램의 디지털 라이프사이클 관리 제공업체로 선정되었습니다. 노던 트러스트 탄소 생태계™는 탄소 크레딧의 종합 관리를 위한 디지털 플랫폼으로, 바이엘의 탄소 프로그램에 대한 거래 및 수탁 기능을 지원합니다.
이 플랫폼은 바이엘이 미국 주의 출처와 빈티지 연도를 디지털로 검증된 탄소 크레딧에 연결할 수 있게 하며, 이미 여러 탄소 제거 크레딧 거래가 완료되었습니다. 이 이니셔티브는 바이엘의 작물 과학 부서가 ForGround 플랫폼을 통해 재생 농업을 확장하려는 목표를 지원하며, 이는 미국 농부들에게 농업 지원, 할인 및 지속 가능한 농업 관행을 구현하기 위한 새로운 수익원을 제공합니다.
바이엘은 추가 구매자를 위해 제공될 예정인 상당한 양의 미래 빈티지가 검증 대기 중입니다. 이는 노던 트러스트 플랫폼의 현재 크레딧과 결합되어 현재까지 어떤 재생 농업 프로젝트에서든 가장 큰 크레딧 발행 중 하나를 나타냅니다.
Northern Trust (NTRS) a été sélectionné par Bayer en tant que fournisseur pour la gestion numérique du cycle de vie de son programme de Crédits de Carbone Volontaires. Le Northern Trust Carbon Ecosystem™, une plateforme numérique pour la gestion de bout en bout des crédits de carbone, soutiendra les transactions et les fonctions de garde pour le programme de carbone de Bayer.
La plateforme permet à Bayer de lier les origines des États américains et les années de récolte à des crédits de carbone vérifiés numériquement, avec plusieurs transactions de crédits de retrait de carbone déjà réalisées. Cette initiative soutient l'objectif de la division Crop Science de Bayer de développer l'agriculture régénérative via leur plateforme ForGround, qui offre aux agriculteurs américains un soutien agronomique, des réductions et de nouvelles sources de revenus pour la mise en œuvre de pratiques agricoles durables.
Bayer dispose d'un volume significatif de futures récoltes en attente de vérification, qui seront disponibles pour d'autres acheteurs. Celles-ci, combinées aux crédits actuels sur la plateforme de Northern Trust, représentent l'une des plus grandes émissions de crédits de tout projet d'agriculture régénérative à ce jour.
Northern Trust (NTRS) wurde von Bayer als Anbieter für das digitale Lebenszyklusmanagement seines Programms für freiwillige Kohlenstoffgutschriften ausgewählt. Das Northern Trust Carbon Ecosystem™, eine digitale Plattform für das End-to-End-Management von Kohlenstoffgutschriften, wird Transaktionen und Treuhandfunktionen für das Kohlenstoffprogramm von Bayer unterstützen.
Die Plattform ermöglicht es Bayer, die Herkunft der US-Bundesstaaten und die Jahrgänge mit digital verifizierten Kohlenstoffgutschriften zu verknüpfen, wobei bereits mehrere Transaktionen von Kohlenstoffentfernungsgutschriften abgeschlossen wurden. Diese Initiative unterstützt das Ziel der Crop Science-Abteilung von Bayer, die regenerative Landwirtschaft über ihre ForGround-Plattform zu skalieren, die US-Landwirten agronomische Unterstützung, Rabatte und neue Einnahmequellen für die Umsetzung nachhaltiger Landwirtschaftspraktiken bietet.
Bayer hat ein erhebliches Volumen an zukünftigen Jahrgängen, die auf die Verifizierung warten und für zusätzliche Käufer verfügbar sein werden. Diese, kombiniert mit den aktuellen Gutschriften auf der Plattform von Northern Trust, stellen eine der größten Gutschriftemissionen aus einem beliebigen Projekt der regenerativen Landwirtschaft bis heute dar.
- Selected as key provider for Bayer's carbon credits program, expanding NTRS's digital asset services
- Successfully completed multiple carbon removal credit transactions
- Platform demonstrates capability to operate Voluntary Carbon Market at scale
- Secured partnership with major institutional client (Bayer) for carbon ecosystem platform
- None.
Insights
Northern Trust's selection by Bayer as a provider for digital lifecycle management of carbon credits represents a strategic expansion of the company's service offerings. The Northern Trust Carbon Ecosystem™ platform, launched in September 2024, provides end-to-end management of digital carbon credits, enabling Northern Trust to record, transfer, and settle transactions while providing custodial services for Bayer's voluntary carbon program.
This partnership validates Northern Trust's investment in digital asset infrastructure and positions the company in the growing voluntary carbon market. The platform leverages Northern Trust's core competencies in custody and settlement while extending into the sustainability space, creating potential for new revenue streams beyond traditional financial services.
Importantly, Bayer's statement that they have "a sizable volume of future vintages in the process of being verified" suggests ongoing transaction volume potential. This adds another institutional client to Northern Trust's digital assets platform, Northern Trust Matrix Zenith™, which supports various digital asset lifecycle events from creation through custody.
While financially material details are absent from the announcement, this partnership demonstrates Northern Trust's ability to innovate within established financial services and adapt its expertise to emerging markets. By securing a recognized global company like Bayer as a client, Northern Trust strengthens its credibility in this developing sector.
The Northern Trust Carbon Ecosystem™ is supporting transactions and custodian functions for Bayer’s Voluntary Carbon Credits program.
A part of Bayer’s carbon credits inventory has been recorded on The Northern Trust Carbon Ecosystem™, a fully digital platform for the end-to-end lifecycle management of digital carbon credits. Northern Trust’s capability has allowed Bayer to directly link the
Northern Trust records the carbon credits and acts on instructions from Bayer to transfer and settle digital carbon credit transactions and provide designated custodial services. To date, Bayer has completed several transactions of carbon removal credits, which its customers retired to offset their emissions.
Bayer’s Crop Science division aims to offer a system of solutions to enable and scale regenerative agriculture which Bayer sees as an outcome-based production model which has improving soil health at its core and strengthening resiliency as a key objective. To this end, Bayer supports specific agronomic practices, innovations and digital farming technologies, including the ForGround platform.
“Using The Northern Trust Carbon Ecosystem enables us to seamlessly transact verified credits, providing high-quality carbon offsets to companies, and thereby supporting our farmers’ regenerative agricultural efforts,” said Cornelius Streit, Global Head of Carbon Operations at Bayer’s Crop Science. “Northern Trust’s platform allows for the efficient transfer and settlement of the digital credits on the pre-agreed settlement date.”
Justin Chapman, Group Head of Strategic Partnerships, Digital Assets and Financial Markets, at Northern Trust, said: “Following the successful launch of The Northern Trust Carbon Ecosystem, we are pleased to welcome additional project developers and institutional buyers to our platform. Working with well-established developers, such as Bayer to support its carbon programs, demonstrates our platform’s potential to enable the Voluntary Carbon Market to operate at scale.”
Cornelius Streit added: “Working with large-scale institutional organizations like Northern Trust supports Bayer’s focus on scaling regenerative agriculture to help farmers produce more, while also helping to restore the planet. Bayer has a sizable volume of future vintages in the process of being verified, which will be made available to additional buyers. These future issuances, along with the current batch of credits listed on Northern Trust's platform, make up one of the largest credit issuances of any regenerative agriculture project to date.”
Northern Trust announced the formal launch of The Northern Trust Carbon Ecosystem in September 2024 with the first live transactions. The ecosystem is powered by Northern Trust’s digital assets platform, Northern Trust Matrix Zenith™, which is the latest milestone in Northern Trust’s asset servicing innovation journey. Northern Trust Matrix Zenith supports key digital asset lifecycle events from asset creation, trading, pricing and custody to reporting.
The Northern Trust Carbon Ecosystem is offered through The Northern Trust Company,
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in
Northern Trust Corporation, Head Office: 50 South La Salle Street,
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Source: Northern Trust
FAQ
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