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Singapore, 28 February 2023 – DiMuto, a global Agri-FinTech company, has expanded its AI-powered Financial Services to the US and Mexico through its latest financing deal with Grupo Paisano, a large international grower-exporter of fresh produce items based in Mexico. Financing Grupo Paisano’s fresh exports to the United States, the deal will leverage live trade transactional data tracked on DiMuto’s trade platform and utilize DiMuto’s proprietary trade health and financial AI to effectively mitigate systemic and transaction risks.
Grupo Paisano is a grower-exporter collective that works together with smallholder farmers to build scalable, transparent, integrated supply chains connecting field to export markets. The company organizes farmers from three different regions in Mexico into Society of Rural Production (SPRs) and provides them with training, technology and support to improve production yield.
Grupo Paisano exports more than ten product categories such as avocados, mangoes, and limes to the United States, where it is working with leading produce distributors with presence in top nationwide supermarkets. Annually, the company exports over 1,000 containers of fresh produce with over US$17 million in trade value.
“We are excited to work with DiMuto’s technology-enabled financing solutions. Working with large retailers and distributors typically means payment terms that can span upwards of 30 days upon arrival. DiMuto’s trade finance is extremely helpful to effectively manage our cash flow and scale our business,” said Miguel Gallo Reynoso, General Director of Grupo Paisano.
DiMuto Financial Services provides AI-powered trade financing to AgriFood companies. The DiMuto platform unifies critical documents, products and payments in one place, gathering an accurate depository of live trade data between the borrower and respective business partners. To ensure data visibility of the supply chain, borrowers are required to digitalize their trades, tracking every single carton for each order from packhouse to export markets.
DiMuto leverages proprietary AI to assess trade health and product quality for every trade transaction, creating a complete and accurate image of financial and operational strength of companies. The added data visibility creates lower risks for financiers and more favourable financing rates for AgriFood SMEs. This means AgriFood companies can now better manage cash flows, maintain working capital liquidity, and have greater access to essential resources for economic growth.
The data-driven supply chain visibility created by DiMuto also provides significant sustainability insights via the DiMuto Sustainability Management dashboard. With its ability to track every single carton of products from farm to fork, DiMuto can accurately estimate the carbon footprint of AgriFood companies. Companies can now identify opportunities for optimization and efficiency, such as reducing food waste and energy consumption. This helps reduce costs and support sustainable practices, which can be leveraged to secure financing.
Such data regarding sustainability metrics can also be made readily available to financiers, who traditionally face challenges in sustainability financing due to the lack of transparency and visibility into supply chains. Now, they can easily conduct due diligence with DiMuto’s data visibility and AI, ensuring funds invested fulfil sustainability objectives.
“Grupo Paisano continues to lead the market with its commitment to smallholder farmers and promotion of sustainable agriculture supply chains. We are proud to support Grupo Paisano in this important work with our data-driven financing and help them grow their business and communities together,” said Julie Escobar, Chief Strategy & Commercial Officer of DiMuto.
The Mexican fresh produce industry has consistently seen positive growth and produces US$17.5 billion worth of fresh produce every year. While Mexican exports dominate the US market, there is plenty of untapped opportunities for Mexico to grow its exports in both established and newer markets, such as the Asia-Pacific region.
Grupo Paisano is also working with DiMuto via the DiMuto Marketplace, a B2B AgriFood marketplace, to tap on the company’s strong network in Asia and grow their export business. The innovate DiMuto Marketplace connects traceable buyers and sellers in the AgriFood industry, providing access to high quality products with supply chain visibility. The marketplace offers a wide range of fresh produce, manufactured foods, and seafood products for potential buyers, enabling quick and efficient sourcing. The DiMuto Marketplace is also committed to sustainability and environmental responsibility, working with growers and suppliers who use eco-friendly farming and packaging practices.
DiMuto continues to deepen its presence in US and Latin America, and is working towards strengthening its financial offerings. The company plans to launch a loan fund targeted at institutional and accredited investors and broaden its financing facilities for AgriFood SMEs around the world. The move emphasizes DiMuto’s commitment to power global AgriFood trade with data visibility and finance for a more sustainable food system.
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About Grupo Paisano
Founded in 2013 by Carlos Alvarez Figueroa, Grupo Paisano was created to improve the rural life of Mexican growers. We promote socio-economic sustainability and growth of small farmer communities to ensure long-term profitability of their small business operations. We believe we can change the world one small farmer at a time. That’s why we focus on better the lives of those who need it most. By transforming the way food is being grown, we are creating a healthier and more sustainable world.
About DiMuto
DiMuto is an AgriFood Trade Solutions that powers global AgriFood Trade with Visibility and Financing. With its three pillars of Marketplace, Trade Management, and Trade Financing, DiMuto simplifies every step of global trade. From produce, trade to market, DiMuto provide sales, marketing, operations, financing, and insurance tools so agribusinesses can get the data visibility they need to trade better and grow greater.
With Visible Trade, DiMuto powers companies and the world forward with confidence as we help create a more efficient, transparent, and measurable ecosystem of sustainable global AgriFood trade.
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.
For more information, please visit www.dimuto.io
AgriFood businesses face significant challenges when it comes to accessing the funding they need to grow and succeed. According to a report by the International Finance Corporation, there is an estimated US$4.7 trillion funding gap for SMEs globally. This gap is particularly acute in developing countries, where businesses often lack access to traditional sources of financing such as bank loans. The lack of access to funding can significantly hinder the growth of these businesses and limit their ability to contribute to their local economies.
Such issues are further exacerbated in the AgriFood industry due to the unpredictable nature of agriculture and food production. Factors such as weather, disease, and market fluctuations can significantly impact crop yields and food prices, leading to potential losses for businesses that rely on these products. Additionally, the AgriFood industry is often subject to strict regulations and safety standards, which can increase the cost of production and reduce profit margins. This can make it difficult for businesses to generate sufficient revenue to pay back loans and financing, increasing the risk for lenders.
To assess these risk, banks and other financing platforms tend to rely on a business’ historical financial documents. However, assessing such documents may not be a reliable way to judge the risk of financing a company as they may be altered, forged, or irrelevant to their current operations. However, with the right financial solutions and risk management strategies in place, it is possible to minimize these risks and support the growth and success of AgriFood businesses.
Minimising Financing Risks with DiMuto’s AI Generated Trade Health Assessment
Image: View of Trade Health & Financial AI Screen on DiMuto Platform
DiMuto Financial Services leverages AI to assess trade health and product quality for every trade transaction on our platform, providing Agrifood business and financiers with:
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Visibility of day-to-day operations
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A complete & accurate image of the financial & operational strength of the company
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Low-risk lending for financiers, opportunities for buyers/suppliers
Such analyses can be made not only based on the real-time trade data of each trade that is captured on the DiMuto Platform, but also the collection of such granular data over time per trade relation. In combination with DiMuto’s Product Quality AI, DiMuto can generate a financial risk score for each trade and company that can be used for financing opportunities. Thus, DiMuto’s Trade Health & Financing AI allows for financiers to enjoy deeper visibility and more robust assurance and for borrowers gain more accurate risk assessments and more flexible terms.
Accessing Trade Financing Opportunities with DiMuto
Image: View of Trade Health & Financial AI Homepage on DiMuto Platform
DiMuto’s Financial Services can be a game-changer for businesses looking to improve their cash flow and grow their operations. With post-shipment financing, purchase order financing, and invoice financing, businesses can access the necessary resources to continue their operations, pay their suppliers, and invest in their growth. By providing businesses with 20-30 days of improved cash flow, DiMuto can help them take advantage of growth opportunities and achieve their full potential in the competitive global market.
Post-shipment financing enables businesses to obtain financing for the goods that have been shipped to their customers but have not yet been paid for. This service provides businesses with the necessary cash flow to continue their operations while waiting for payment from their customers, which can take anywhere from 30 days to 60 days, depending on payment terms and customer type. Typically, larger retailers offer payment terms of weeks upon product arrival. By offering post-shipment financing, DiMuto enables AgriFood businesses to pay their suppliers, cover their production costs, and invest in their growth.
Purchase order financing assists businesses in fulfilling their purchase orders, helping them improve their cash flow and meet the demands of their customers. This, in turn, can help businesses build better relationships with their customers and grow their businesses over time. With DiMuto’s purchase order financing, businesses can also get the necessary resources to invest in their growth and development.
DiMuto’s invoice financing service provides businesses with financing based on their outstanding invoices, allowing them to obtain working capital without having to wait for payment from their customers. With invoice financing, businesses can access the funds they need to cover their expenses and invest in their growth, even if their customers take longer than usual to pay their invoices.
DiMuto Financial Services are designed to support the growth and development of businesses within the supply chain. By providing businesses with the necessary financing solutions, DiMuto helps to improve the efficiency and effectiveness of the supply chain, ultimately benefiting all participants within it. If you’re a business looking to improve your cash flow, DiMuto Financial Services could be an excellent solution for you.
A Need For Digital Transformation of Agrifood Supply Chain
In the face of a growing global population and the intricacies of the agrifood supply chain, digital transformation has become a necessity rather than a luxury. The shift from traditional methods to digitalization and automation is vital to enhance efficiency, transparency, and sustainability. By digitizing operations and breaking down data silos, real-time communication and collaboration among stakeholders can be achieved. QR code labels and digital twins, exemplified by DiMuto, facilitate supply chain visibility and data capture from production to distribution. Incorporating technologies like IoT, sensors, and blockchain enables informed decision-making, waste reduction, and increased efficiency. AI and data analytics further contribute by predicting yields, optimizing routes, and tailoring production. Sustainability is a driving force behind this transformation, allowing resource conservation and waste reduction, ultimately leading to a more sustainable food system with environmental and social benefits.
Find out more in this article
The use of Artificial Intelligence (AI) in the AgriFood industry has been greatly increasing recent years. According to Markets&Markets, the Agriculture industry’s spending on AI technology is predicted to increase from $1bn in 2020 to $4bn in 2026. AI-based solutions have great potential to help Agrifood businesses become more efficient in their operations, make better trade decisions, and provide higher quality products faster. In lieu of such benefits, DiMuto has developed and incorporated AI technology into our Global Trade Solutions to help our customers scale greater heights.
Product Quality AI
Image: View of Product Quality AI on the DiMuto Platform
Firstly, DiMuto has created a Product Quality AI that helps suppliers deliver a consistent high quality product to their buyers. Agrifood businesses very familiar with carrying out thorough QC inspections on their products to determine the quality of the goods and the presence of any defects. However, this important process can be extremely time consuming within a business’ operations and the quality of the goods may be subjective across different audiences.
Using AI, QC Inspections can now be more efficiently and objectively done. DiMuto’s Product Quality AI is currently able to analyse fruit products in three critical aspects:
- Detecting ripeness based on surface colour of fruit
- Confirming fruit size based on length and width direction
- Number of products in a carton
This AI analysis is able to be instantly generated on the DiMuto platform when users capture and digitise images of their product onto the DiMuto system. Furthermore, it can also be applied onto a moving conveyer line that utilises the DiMuto Digital Asset Creation devices (DACKY).
Trade Health & Financing AI
Image: View of Trade Health & Financial AI Homepage on DiMuto Platform
Secondly, DiMuto Financial Services leverages AI to assess trade health and product quality for every trade transaction on our platform. Working with perishables in a digitally disconnected and data-opaque AgriFood industry is typically regarded as fraught with risks by financiers. In order to access this risk, banks and other financing platforms tend to rely on a business’ historical financial documents. However, assessing such documents may not be a reliable way to judge the risk of financing a company as they may be altered, forged, or irrelevant to their current operations.
DiMuto uses AI to avoid such issues by providing Agrifood business and financiers with:
- Visibility of day-to-day operations
- A complete & accurate image of the financial & operational strength of the company
- Low-risk lending for financiers, opportunities for buyers/suppliers
Such analyses can be made from the real-time trade data of each trade that is captured on the DiMuto Platform. In combination with the Product Quality AI, DiMuto can generate a financial risk score for each trade and company that can be used for post-shipment financing opportunities. Thus, DiMuto’s Trade Health & Financing AI allows for financiers to enjoy deeper visibility and more robust assurance and for borrowers gain more accurate risk assessments and more flexible terms.
Image: View of Trade Health & Financial AI Screen on DiMuto Platform
At DiMuto, we understand the utility AI can have in empowering Agrifood business make better informed trade decisions to improve their operational efficiency, product quality, and business growth. With such seamless integration with other DiMuto features, we hope to make AI technology accessible and approachable to our customers to help foster a more resilient global Agrifood supply chain.
A Need For Digital Transformation of Agrifood Supply Chain
In the face of a growing global population and the intricacies of the agrifood supply chain, digital transformation has become a necessity rather than a luxury. The shift from traditional methods to digitalization and automation is vital to enhance efficiency, transparency, and sustainability. By digitizing operations and breaking down data silos, real-time communication and collaboration among stakeholders can be achieved. QR code labels and digital twins, exemplified by DiMuto, facilitate supply chain visibility and data capture from production to distribution. Incorporating technologies like IoT, sensors, and blockchain enables informed decision-making, waste reduction, and increased efficiency. AI and data analytics further contribute by predicting yields, optimizing routes, and tailoring production. Sustainability is a driving force behind this transformation, allowing resource conservation and waste reduction, ultimately leading to a more sustainable food system with environmental and social benefits.
Find out more in this article
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Aleta Planet integrates payment solutions with DiMuto’s blockchain-enabled platform
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AgriFood customers and financing partners now gain maximum visibility on flow of goods and funds across supply chain
Singapore, 17 January 2023 – Global fintech player Aleta Planet said today that customers using DiMuto’s AgriFood trade solutions to track the movements of perishable goods through the global supply chain can now use its payment solutions.
By integrating its payment solutions with DiMuto’s blockchain-enabled platform, Aleta Planet is able to offer a high degree of transparency and traceability to businesses and institutions involved in the trading and financing of agricultural products like fresh vegetables and fruit, meat and livestock and seafood products as they move from farm to table.
The payment functionality went live four months after Aleta Planet and DiMuto announced they were teaming up to tackle supply chain inefficiencies that have led to gross wastage and lack of access to financing in the global trading of perishable AgriFood products.
DiMuto’s AgriFood trade platform offers three key services – DiMuto Marketplace, DiMuto Trade Management and DiMuto Trade Financing. DiMuto leverages its ecosystem of traceable buyers and suppliers to move traceable AgriFood products around the world. Once the order has been placed between a buyer and a seller, the products are tracked and managed using DiMuto’s Trade Management module. These orders, with the added visibility on DiMuto, are now available for financing on DiMuto.
DiMuto’s proprietary digital asset creation technology (DACKY) tracks AgriFood products with QR labels and digital images to track the movement of produce so that every buyer and seller of goods and services along the supply chain – from farmers and packers to the logistics and shipping companies, distributors, and retailers – know where the products are at any point in time.
Buyers can verify the quality of the products from AI-scored images uploaded to the platform before they are packed and receive advance warning of any delays in delivery. The seller, on the other hand, can see the produce when the carton is opened at the receiving end. This helps to assure objective product quality assessment across the supply chain.
With Aleta Planet’s payment solutions embedded with DiMuto’s technology, those making and receiving payments for goods and services as well as those providing financing can easily access all critical data regarding the product quality, documentation and payment activities for every single trade order. Additionally, blockchain-enabled systems such as DiMuto offer users a greater level of security since records are updated and stored across different computers which can be accessed by interested parties.
Ryan Gwee, Founder and Group Chairman of Aleta Planet, said: “Everyone involved in the global trading and financing of perishable products knows how useful it is to have maximum visibility of the flow of goods and funds along multiple points in the supply chain. Now they can have that and more – visibility of products, documents, and payments down to each carton and item.
“We are confident that Aleta Planet’s payment solutions for DiMuto’s blockchain-enabled platform will go a long way to making trade in agricultural produce safer, smoother and speedier.”
Aleta Planet said it issues digital accounts globally that enable cross-border B2B payments. With its global account setup, customers can leverage on card networks like Diners Club, Discover Network, MasterCard, Visa and UnionPay International, or alternative payment solutions, to find the most cost-effective cross-border payment mechanism. Aleta Planet’s global footprint across six jurisdictions and ability to collect local currencies are value-adds to DiMuto to scale their business globally.
Participants in the supply chain will be able to leverage the digital account’s ability to collect and pay in 14 different currencies at competitive exchange rates. Financing is also available through Aleta Planet’s partners including Asia Capital Pioneers Group (ACPG), the parent company of Aleta Planet. ACPG and DiMuto have worked together on a private financing deal involving the import of Vietnamese Basa fish into China.
Gary Loh, Founder and Chief Executive Officer of DiMuto, said: “Aleta Planet plugs two gaps in the all- in-one platform DiMuto offers customers to help them trade better with visibility. These are the payment and settlement, and financing services that are critical in helping to grease the flow of perishable produce.
“DiMuto’s mission is to redefine global AgriFood trade and to that end, we will continue to deploy the latest fintech applications and work with partners who can value-add and help our customers with insightful trade data so they can see the full picture in the messy middle of the retail supply chain.”
DiMuto has to date handled over 12 million pieces of AgriFood products with a gross merchandise value of more than US$17 million from customers in over 10 different countries including China, the world’s second largest economy.
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About Aleta Planet
Founded in 2014 in Singapore, Aleta Planet is an award-winning global payments solution provider that simplifies online, cross-border and multi-currency transactions safely, securely and efficiently. They are a holistic payments technology provider of merchant acquisition, card issuance, remittance and B2B payments. As a global payment facilitator that interconnects different payment options and types, Aleta Planet specialises in helping Chinese companies to scale the global market. Aleta Planet is licensed in Singapore by the Monetary Authority of Singapore as a Major Payment Institution and in other jurisdictions, with offices in Singapore, Hong Kong, Dubai, Australia and Malaysia. Its secure and internationally certified proprietary platform connects businesses to the world’s payment infrastructure through one Application Programming Interface, enabling business growth, greater customer engagement and new revenue opportunities.
The success of its card network-agnostic platform has also garnered Aleta Planet its operating licenses from card networks including Diners Club, Discover Network, JCB, MasterCard, Union Pay International Visa, SWIFT and other Alternative Payment Methods. Furthermore, Aleta Planet’s broad network enables individuals and businesses to deposit local currencies in 39 countries or remit funds to 140 countries.
For more information, please visit: www.aletaplanet.com
About DiMuto
DiMuto is an AgriFood Trade Solutions that powers global AgriFood Trade with Visibility and Financing. With its three pillars of Marketplace, Trade Management, and Trade Financing, DiMuto simplifies every step of global trade – from produce, trade to market, DiMuto provides sales, marketing, operations, financing and insurance tools so agribusinesses can get the data visibility they need to trade better and grow greater.
With DiMuto’s ability to capture AgriFood trades, make them visible and monetize them on a single platform, we create a more efficient, transparent and measurable ecosystem of sustainable global AgriFood trade.
With Visible Trade, DiMuto powers companies and the world forward with confidence.
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 contientns. DiMuto is founded by Chief Executive Officer Gary Loh, who is also the Executive Chairman of First Alverstone Group.
For more information, please visit www.dimuto.io
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Media Contacts:
Catherine Ong Associates
Catherine Ong
cath@catherineong.com
+65 9697 0007
DiMuto
HuiMin Lee
huimin@dimuto.io
+65 9231 8607
The state of Agriculture is at a tipping point – in the face of increasing impact from climate change, we are starting to see more innovation that cuts across the supply chain as agriculture gains a brighter spotlight. Here are the key trends for the agriculture industry in the new year:
1. Sustainability remains on top of mind.
Sustainability continues to be a number one priority. More than just a buzzword of the moment, we have seen much action, research, and discussion on how to transform the global food system into one that is more sustainable. Thus far, a lot of attention has been focused on how to make the growing and farming of food more efficient – in terms of resource usage, yield output, nutritional value, and quality.
Renewed interest in regenerative farming, soil restoration and holistic food systems evaluation processes point at a growing ecological mindset adopted by the Agri industry. An offshoot on sustainable agriculture also includes breeding programmes for climate-resilient plant cultivars from food research institutions such as Plant & Food Research and VentureFruit.
Indoor Farming
The burgeoning USD$4.6 billion global vertical farming, a form of controlled environment agriculture, is considered highly efficient and sustainable method of food production. For instance, not only does it use around 250 times less water than a traditional farm, but it is also climate resilient due to its lack of reliance on natural weather.
2. Climate finance and green finance need to include food systems transformation.
Food systems are responsible for one-third of global greenhouse gas emissions, yet only 3% of public finance is directed to food systems. Climate finance has been growing in recent years, with annual climate finance flows in 2019/20 seeing a 15% increase from the previous year and reaching an average of USD$653 Billion. Continuous support of fossil fuels that almost doubled in 2021, and a lack of the necessary speed and scale from private finance to fuel the transition to sustainable agriculture are also notable barriers in financing a sustainable food future. Thus, there remains huge untapped opportunities in the intersection between climate finance and agriculture.
3. Price and cost sensitivity remain in a challenging operating environment.
Despite a general increase in prices of agricultural products, the costs of inputs and supply chain requirements have risen to match as well. News of soaring freight costs have become a constant in this last year, and it affects the entire world – More than 80% of the world’s traded products are carried by sea. The produce industry has also been hit hard with unprecedented high freight costs, posing a challenge to an industry that typically depends on high volumes rather than high margins. It is likely that the general trade environment will remain challenging in the next few months, as the effects from the ongoing Ukraine war and the sudden opening up of China will be felt.
4. Data-driven Agriculture and Supply Chain is the next frontier of agriculture.
Data and connectivity of data will be crucial in minimizing the high levels of unpredictability in global food supply chains and help to create a more efficient food system overall.
Beyond smart farming, having visibility of their own internal operations as well as across their supply chain can enable growers, exporters, importers, wholesalers, and retailers to reduce food waste, create a more efficient demand-supply model, track sustainability goals. It is estimated that by 2030, enhanced connectivity could add more than USD$500 billion to global GDP and a critical productivity improvement of 7-9% for the industry.
Data connectivity
It is imperative to start rethinking the way the world produces and consumes our food. Food sustainability and climate finance need to solve problems of the global food system in a more holistic way, and a critical building block that cannot be ignored is data visibility.
Sustainability can be simply defined as “meeting the needs of the present without compromising the ability of future generations to meet their own needs.” How can AgriFood companies of today achieve this seemingly loft vision?
Across industries, companies are now dedicated to regularly measuring their sustainability performance through sustainability reporting. According to KPMG’s biennial Survey of Sustainability Reporting 2022, a whopping 96% of the world’s 250 largest companies have reported their sustainability or ESG (environmental, social, and governance) matters.
Despite such high sustainability reporting rates, it’s difficult to determine if companies are becoming inherently more sustainable. This is especially alarming given the increase in global carbon emissions to record highs of 415.7 parts per million in 2021, which is 149% of pre-industrial levels. This is because of the complexity of global supply chains, especially more so for larger companies that often rely on partners, vendors and suppliers around the world to fulfil products and services, making it difficult to match reported metrics to what’s actually happening on the ground.
It is no wonder that scientists are still issuing looming warnings of the impending climate crisis, and time is too early to tell if the pivot to green investing and ESG investing yields actual positive impacts.
The FAO estimates that 31%, or 16.5 billion tonnes of carbon dioxide equivalents, of greenhouse gas emissions comes from the Agrifood supply chain. With the AgriFood industry being one of the key contributors to global emissions yet one of the least digitized industries, we need to make sure sustainability reporting, when adopted by AgriFood companies, results in actual positive sustainability changes.
Image: Person holding compost bin
How can DiMuto help?
DiMuto offers a farm-to-fork solution that captures critical data points with our solutions, that can eliminate data silos to form an accurate picture of sustainability levels. Our blockchain-powered solution helps to ensure immutability, showing the who, what and when of data inputs and creating foundation of trust.
We help to record:
- Farm Management Data
Such as fertilizer, water, electricity usage - Production Management Data
Such as raw materials used for packaging, utilities and more - Trade Management Data
Such as carbon footprint from sea shipments and air shipments - Inspection Management Data
Such as quality rejections, disposal levels and more
Image: L to R, DiMuto’s Sustainability Management Dashboard on Desktop, DiMuto’s Farm Management on Mobile Application, DiMuto’s Inspection Management on Mobile Application
For instance, the DiMuto Farm App records harvest and field data of smallholder farmers, connecting it to the packhouse production data and procurement data. This is especially important as 94% of agriculture workers are involved in the informal economy, according to the OECD.
Our solution also captures pre-shipment and post-shipment rejection data points to calculate real-time food waste level data, helping AgriFood companies to easily gain visibility on not just upstream but also downstream impacts, enabling more accurate Scope 1, 2 and 3
Image: Infographic of Scope 1, 2 and 3 Emissions
4 Key Metrics we help to measure and help AgriFood business owners to gain visibility on:
- Monetary Costs
Show opportunities to improve efficiency, sustainability, and long-term cost savings
- Food Waste
Highlight source of unnecessary greenhouse gas emissions and waste
- Carbon Emissions
Understand energy efficiency of their products’ carbon footprint
- Water Usage
See water footprint of their products and help ensure a resilient and safe water supply
These 4 key data types are then aggregated automatically on DiMuto’s Sustainability Management Dashboard. This dashboard helps Agrifood business owners to easily see the environmental impact of their operations and follow product lifecycles in real-time with useful metrics, which can be immediately generated into a report for it to be shared with relevant parties.
Image: Infographic of 4 Key Sustainability Metrics with statistics
AgriFood companies can now track and record accurate primary data, ensuring the reliability and efficiency of sustainability reporting of environmental metrics.
Capturing and analysing this data regularly and reliably empowers Agrifood business owners to identify opportunities for sustainable improvements, assess their progress, and determine new targets, helping to fuel a data-driven movement of food sustainability.
This is not to say that DiMuto is a magic bullet that can solve food sustainability, but working towards shedding light on real-live on the ground data through the supply chain, will help to build a more accurate picture on our sustainability progress, and allow us to work towards creating better standards of sustainability for the AgriFood industry.
If you are interested to learn more about how DiMuto helps improve sustainability of food systems for global AgriFood trade, reach us at sales@dimuto.io.
