The recent COP28 UAE Declaration on Sustainable Agriculture, Resilient Food Systems, and Climate Action stands as a beacon of hope amidst the increasing threats posed by climate change to agriculture and food security worldwide. Endorsed by 158 countries, this declaration underscores the urgent need for collective action to address the challenges faced by farmers, fisherfolk, and food producers while emphasizing the potential of agriculture and food systems to combat climate change and ensure global prosperity.
The declaration recognizes the critical role of international cooperation, innovative solutions, and comprehensive strategies in responding to the climate crisis while ensuring access to safe, affordable, and nutritious food for all. In particular, more than USD7.1 billion has been mobilized during COP28 for climate positive action in the food system sector. These efforts aim to adapt and transform agriculture and food systems to align with the imperatives of climate change.
Tapping Into Traceability Solutions
This makes the role of advanced technology and traceability systems within the AgirFood industry have paramount importance in achieving the declaration’s commitments by 2025. Traceability solutions offer a comprehensive approach to track and trace food products across complex global supply chains. These systems employ innovative technologies such as blockchain, IoT (Internet of Things), and data analytics to provide real-time information about the journey of produce, ensuring transparency and accountability.
Companies like DiMuto have emerged as key players in providing such solutions, empowering AgriFood stakeholders by increasing sustainable production and consumption, making ESG reporting accessible across global food supply chains, and accessing green financing.
Increasing Sustainable Production and Consumption
DiMuto’s Trade Management Solution empowers AgriFood supply chain stakeholders, consumers, and policymakers with accurate data about the origin, quality, and sustainability of food products. By ensuring transparency and accountability at every stage, identifying inefficiencies and bottlenecks within the supply chain becomes easier and faster. Consequently, AgriFood businesses can better streamline their operational processes and minimize wastage.
Moreover, DiMuto’s SMART Marketing Feature fosters trust and confidence among consumers by delivering authentic, verifiable information about the origin, quality, and sustainability of food products. Now, consumers can make informed choices, supporting ethical and sustainable practices in the AgriFood industry.
Making ESG Reporting Accessible
Together with supply chain traceability data tracked on DiMuto’s Trade Management solutions, DiMuto’s ESG Management feature helps AgriFood companies determine key sustainability metrics. Now, businesses can immediately determine their food waste from rejected or discarded products, carbon emissions from shipments and electricity usage, and water usage across locational facilities. These 3 key data metrics are then aggregated automatically on DiMuto’s ESG Dashboard. This dashboard helps Agrifood business owners easily see the environmental impact of their operations and follow product lifecycles in real-time, providing insight into their environmental impact.
Furthermore, this data can be immediately generated into a report using AI Tools to be shared with relevant parties, helping AgriFood businesses save valuable time and resources. Consequently, companies can now easily navigate the complex ESG regulations landscape and ensure that they are compliant with evolving sustainability frameworks and standards. Additionally, larger AgriFood companies can also take charge of their supplier programs, allowing them to assess their trade partners according to their sustainability standards or goals to build stronger and more responsible supply chains.
Find out more about how DiMuto empowers AgriFood businesses to plan, measure, and communicate their critical ESG information here.
Accessing Green Financing
DiMuto’s Financial Services allows companies to be eligible for Green Financing, based on sustainability metrics determined from DiMuto’s ESG Management Feature. Using AI, aggregated sustainability data is analysed for financiers to easily understand which companies are aligned with their sustainability goals. As financiers increasingly acknowledge the value of ESG-aligned investments, DiMuto’s AI-powered Financial Services bridge the gap between sustainable practices and access to capital, fostering a virtuous cycle of investment in transformative and eco-friendly initiatives across the agrifood supply chain.
As nations commit to integrating agriculture and food systems into their climate action plans, traceability systems serve as indispensable tools in achieving these goals. By providing a robust framework for transparency, accountability, and sustainability, these systems bridge the gap between global commitments and on-ground implementation.
In conclusion, the COP28 UAE Declaration on Sustainable Agriculture, Resilient Food Systems, and Climate Action represents a significant step towards addressing the challenges faced by agriculture and food systems in the wake of climate change. The integration of critical technology systems, exemplified by DiMuto and other organisations, into the Agrifood industry serves as a catalyst to achieve sustainable, resilient, and climate-adaptive agriculture and food systems on a global scale. As nations collaborate and commit to these objectives, the role of technological advancements in supporting these efforts cannot be overstated.
As a project lead for ADS in the Sustainability (Carbon Management) category, DiMuto will work with IMDA to drive Singaporean AgriSMEs’ adoption of DiMuto’s Trade Management Solutions, supported by the ADS grant.
DiMuto’s Trade Management Solutions makes Sustainability accessible by equipping AgriSMEs with DiMuto’s ESG Management Feature, which automates the drafting of Sustainability Reports using AI Tools, simplifies regulatory compliance, and enhances AgriSMEs’ reputations as responsible businesses.
For a limited time, Singaporean companies can now access up to 70% of grant support to use DiMuto’s Trade Management to gain unprecedented visibility into their supply chains, enabling them to enforce sustainability standards and build responsible supply chains.
Singapore, 14 November 2023 – DiMuto, a global AgriFood Digital Transformation Solutions company, is delighted to announce its official recognition as a project lead for Singapore’s Infocomm Media Development Authority’s (IMDA) Advanced Digital Solutions (ADS) scheme, specifically in the Sustainability (Carbon Management) project category.
Launched by IMDA in March 2020, the ADS scheme supports enterprises to pilot solutions as early adopters to deepen their digital capabilities, strengthen business continuity and to drive digital transformation to build resilience for business growth in a digital economy. This has great synergy with DiMuto’s comprehensive Trade Management Solution, which can provide AgriSMEs with a robust traceability system to better track and manage every step of their supply chain for transparency, efficiency, and reduced operational costs.
Gary Loh, Founder & CEO of DiMuto, expressed his enthusiasm about this opportunity, saying, “We are thrilled to be recognized as an official project lead for IMDA’s Advanced Digital Solutions. DiMuto is committed to helping businesses unlock their full potential in the digital age while making a positive impact on our planet. Our services will equip enterprises with the necessary tools and knowledge to thrive, even in challenging times.”
Currently, AgriFood stakeholders face mounting pressure to uphold ethical practices, environmental stewardship, and social responsibility. The introduction of new regulations, such as Singapore Exchange’s (SGX) mandatory climate-related disclosures from FY2025 for Singaporean listed companies, requires comprehensive Environmental, Social, and Governance (ESG) disclosure throughout value chains. However, obtaining consistent, complete, and reliable data is a major challenge in accurate sustainability reporting.
According to Ernst and Young, agriculture sectors often lack historical carbon emissions data as compared to other industries. Furthermore, research by the World Economic Forum finds that the complexity of ESG reporting discourages companies’ willingness and ability to report following established standards, especially for smaller or privately held companies. Thus, DiMuto’s ESG Management feature provides a comprehensive solution for AgriFood companies to track and monitor their sustainability performance.
DiMuto’s Trade Management Solutions is equipped with a powerful ESG Management Feature. This feature is a game-changer for AgriSMEs, as it enables them to seamlessly integrate carbon management into their supply chain activities with real-time insight into their ESG impact across their operations. Now, AgriFood companies can immediately determine their food waste from rejected or discarded products, carbon emissions from shipments and electricity usage, and water usage across locational facilities. These 3 key data metrics are then aggregated automatically on DiMuto’s ESG Dashboard. This dashboard helps Agrifood business owners easily see the environmental impact of their operations and follow product lifecycles in real-time. Additionally, this data can be immediately generated into a report using AI Tools to be shared with relevant parties, helping AgriFood businesses save valuable time and resources.
DiMuto’s ESG Management Feature enables AgriFood companies to easily navigate the complex ESG regulations landscape and ensure that they can comply with evolving standards. Furthermore, larger AgriFood companies can also take charge of their supplier programs, allowing them to assess their trade partners according to their sustainability standards or goals to build stronger and more responsible supply chains.
To ensure the integration and verification of this data, DiMuto’s ESG Management feature is built on blockchain technology and is connected to the existing Farm Management, Production Management, Trade Management, and Inspection Management features on the DiMuto Platform. DiMuto’s blockchain-powered solution helps to ensure immutability, showing the who, what, and when of data inputs for accurate tracking and monitoring of businesses’ environmental impact.
The ESG Management feature will provide companies with detailed analyses of their carbon footprint, including a breakdown of emissions by product, location, and transportation mode. This data will help companies make informed decisions about reducing their carbon footprint and ensure companies are aligned in meeting their environmental targets.
HuiMin Lee, DiMuto’s Chief Experience Officer, added, “The support provided by IMDA represents a significant milestone in our commitment to helping AgriSMEs embrace sustainability and digital innovation. We believe that technology and sustainability go hand in hand, and we’re excited to assist businesses in achieving their sustainability goals while thriving in the digital economy.”
DiMuto remains committed to driving positive change and furthering sustainability in the AgriFood industry. For a limited time, Singaporean companies can now access up to 70% of grant support to use DiMuto’s Trade Management Solutions. For more information, please visit IMDA’s website here or email DiMuto at [email protected].
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About DiMuto
DiMuto redefines AgriTrade with AI, Data Visibility, and Finance — Using tech to create and connect a sustainable, global AgriTrade ecosystem.
With our three pillars of Marketplace, Trade Management, and Trade Financing, DiMuto supports every aspect of AgriFood trading, redefining the way goods are managed from farm to table, seamlessly and simply connecting every step, and making it visible throughout.
By traders for traders, we help AgriFood business owners optimize their operations efficiently and for them to build a foundation of trust between their buyers or sellers so that they can take action on improving and growing their businesses in a more sustainable, efficient manner.
Maximizing Business Efficiency, Minimizing Impact on The Planet.
Since 2019, DiMuto has successfully tracked and traced over millions of pieces in produce and millions in dollars of trade value on our platform, working with a global portfolio of clients in over ten countries and five continents. DiMuto is founded by Chief Executive Officer Mr Gary Loh, who is also the Executive Chairman of First Alverstone Group.
Unlock the potential of digital transformation for your supermarket with our groundbreaking trade solutions designed for retailers. Streamline operations, optimize supplier relationships, enhance customer experiences, and boost profitability in a single platform.
Welcome to a new era of trade efficiency and transparency. DiMuto offers a suite of comprehensive trade solutions designed specifically for importer-wholesalers like you, streamlining your operations and enhancing your competitive edge:
End-to-End Visibility: Gain unprecedented insight into your supply chain from source to shelf. Track, trace, and verify the authenticity of your products with ease.
Automated Compliance: Seamlessly navigate the complex landscape of regulatory compliance. Dimuto’s solutions ensure that your imports meet all necessary standards and certifications.
Efficient Documentation Management: Say goodbye to cumbersome paperwork. DiMuto’s platform simplifies and digitizes documentation processes, reducing administrative burden.
Smart Inventory Management: Optimize your inventory with real-time data and predictive analytics. Make informed decisions that drive profitability and reduce waste.
Market Access Expansion: Explore new markets and partnerships with confidence. DiMuto connects you with a global network of trusted partners, opening doors to new opportunities.
Elevate your trade operations and join us in revolutionizing the way you do business today.
Welcome to a transformative approach to AgriFood trade. DiMuto offers a suite of powerful trade solutions curated for agrifood traders, designed to amplify efficiency, transparency, and profitability.
End-to-End Visibility: Gain unprecedented insight into your supply chain from source to shelf. Track, trace, and verify the authenticity of your products with ease.
Automated Compliance: Seamlessly navigate the complex landscape of regulatory compliance. Dimuto’s solutions ensure that your imports meet all necessary standards and certifications.
Efficient Documentation Management: Say goodbye to cumbersome paperwork. DiMuto’s platform simplifies and digitizes documentation processes, reducing administrative burden.
Smart Inventory Management: Optimize your inventory with real-time data and predictive analytics. Make informed decisions that drive profitability and reduce waste.
Market Access Expansion: Explore new markets and partnerships with confidence. DiMuto connects you with a global network of trusted partners, opening doors to new opportunities.
Elevate your trade operations and join us in revolutionizing the way you do business today.
Welcome to a revolutionary approach to AgriFood trade. Dimuto offers a suite of powerful trade solutions curated for grower-exporters, designed to enhance efficiency, transparency, and profitability.
End-to-End Transparency: Gain unprecedented visibility into your supply chain, from cultivation to export. Trace, verify, and ensure the integrity of your products at every step.
Seamless Regulatory Compliance: Navigate regulatory complexities with ease. Dimuto’s solutions ensure that your products meet all required standards and certifications, ensuring smooth export processes.
Simplified Documentation Management: Bid farewell to paperwork hassles. DiMuto’s platform digitizes and streamlines documentation, saving you time and resources.
Intelligent Crop Management: Optimize your crop yield with real-time insights and predictive analytics. Make informed decisions that enhance profitability and reduce waste.
Global Market Expansion: Explore new markets and establish strategic partnerships with confidence. Dimuto connects you with a global network of trusted partners, opening doors to new opportunities.
Elevate your grower-exporter operations and partner with us in shaping the future of the industry. Download now to unlock the full potential of your agrifood trade with Dimuto’s innovative solutions.
Welcome to a new era of Agribusiness financing. DiMuto Financial Services revolutionizes how financiers engage with the agricultural supply chain, offering a suite of tools designed to optimize sustainable investments and ensure growth. Find out how you can leverage primary data and AI for ESG investing today.
DiMuto’s Environmental, Social, and Governance (ESG) Management feature is the latest addition to their all-in-one Trade Solutions Platform.
With automated drafting of Sustainability Report using AI Tools, DiMuto’s ESG Management Feature alleviates resource constraints that hinder ESG Reporting, simplifies regulatory compliance, and enhances AgriSMEs’ reputations as responsible businesses.
AgriFood businesses can now participate in DiMuto’s Digital Transformation to gain unprecedented visibility into their supplier programs, enabling them to enforce sustainability standards and build responsible supply chains.
Singapore, 20 September 2023 – Global AgriFood Digital Transformation Solutions company, DiMuto, announced the launch of its new Environmental, Social, and Governance (ESG) Management feature. This feature aims to empower AgriFood business owners with real-time insight into their ESG impact across their supply chains and determine opportunities for them to adopt sustainable solutions.
Today, AgriFood stakeholders are under increased scrutiny from consumers, investors, regulators, and civil society to ensure ethical practices, environmental conservation, and social responsibility. For example, the EU’s Corporate Sustainability Reporting Directive (CSRD) 2024 requires AgriFood companies to disclose their ESG practices throughout their value chains. As a result, companies are compelled to consistently report their ESG impact. However, obtaining consistent, complete, and reliable data is a major challenge in accurate sustainability reporting.
In particular, AgriSMEs face these challenges due to the lack of historical data within the industry and because they may not have the required knowledge, resources, or systems for complete data coverage. According to Ernst and Young, agriculture sectors often lack historical carbon emissions data as compared to other industries, such as oil and gas. Furthermore, research by the World Economic Forum finds that the complexity of ESG reporting discourages companies’ willingness and ability to report in accordance with established standards, especially for smaller or privately held companies. Thus, DiMuto’s ESG Management feature provides a comprehensive solution for AgriFood companies to track and monitor their sustainability performance.
Digital Transformation helps AgriFood businesses to better track and manage every step of their supply chain, with benefits including higher supply chain transparency, efficiency, and reduced operational costs. Together with DiMuto’s ESG Management feature, AgriFood companies can now immediately determine their food waste from rejected or discarded products, carbon emissions from shipments and electricity usage, and water usage across locational facilities. These 3 key data metrics are then aggregated automatically on DiMuto’s ESG Dashboard. This dashboard helps Agrifood business owners easily see the environmental impact of their operations and follow product lifecycles in real-time. Additionally, this data can be immediately generated into a report using AI Tools to be shared with relevant parties, helping AgriFood businesses save valuable time and resources. Consequently, companies can now easily navigate the complex ESG regulations landscape and ensure that they are able to comply with evolving standards. Furthermore, larger AgriFood companies can also take charge of their supplier programs, allowing them to assess their trade partners according to their sustainability standards or goals to build stronger and more responsible supply chains.
“DiMuto is excited to be at the forefront of redefining global AgriTrade through a digital transformation. We are providing innovative solutions to address the pressing sustainability challenges faced by companies today,” said DiMuto’s Founder CEO, Gary Loh. “Our ESG Management feature is a game-changer in helping companies to understand their carbon footprint and make data-driven decisions to increase their social impact and reduce their environmental impact. Furthermore, the feature is seamlessly connected with DiMuto’s other platform features, making it easy for our customers to use immediately.”
To ensure the integration and verification of this data, DiMuto’s ESG Management feature is built on blockchain technology and is connected to the existing Farm Management, Production Management, Trade Management, and Inspection Management features on the DiMuto Platform. DiMuto’s blockchain-powered solution helps to ensure immutability, showing the who, what, and when of data inputs for accurate tracking and monitoring of businesses’ environmental impact.
The ESG Management feature will provide companies with detailed analyses of their carbon footprint, including a breakdown of emissions by product, location, and transportation mode. This data will help companies make informed decisions about reducing their carbon footprint and ensure companies are aligned in meeting their environmental targets.
“DiMuto’s ESG Management feature is a key step towards a more sustainable future,” said HuiMin Lee, DiMuto’s Chief Experience Officer. “We believe that companies have a responsibility to take action on sustainability, and we are committed to providing the tools and solutions to make this a reality.”
DiMuto is committed to driving positive change in the AgriFood industry and helping companies achieve their sustainability goals. The feature is now available to all companies using the DiMuto platform.
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About DiMuto
DiMuto redefines AgriTrade with AI, Data Visibility, and Finance — Using tech to create and connect a sustainable, global AgriTrade ecosystem.
With our three pillars of Marketplace, Trade Management, and Trade Financing, DiMuto supports every aspect of AgriFood trading, redefining the way goods are managed from farm to table, seamlessly and simply connecting every step, and making it visible throughout.
By traders for traders, we help AgriFood business owners optimize their operations efficiently and for them to build a foundation of trust between their buyers or sellers so that they can take action on improving and growing their businesses in a more sustainable, efficient manner.
Maximizing Business Efficiency, Minimizing Impact on The Planet.
Since 2019, DiMuto has successfully tracked and traced over millions of pieces in produce and millions in dollars of trade value on our platform, working with a global portfolio of clients in over ten countries and five continents. DiMuto is founded by Chief Executive Officer Mr Gary Loh, who is also the Executive Chairman of First Alverstone Group.
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