Indigo and Sumitomo Enter Memorandum of Understanding on Agricultural Soil Carbon Storage Partnership

    April 22, 2021

    Sumitomo Corporation and Indigo Ag are pleased to announce that the parties have entered into a Memorandum of Understanding to explore new business approaches to improve the sustainability of Sumitomo's existing businesses, looking at a wide spectrum of areas centering on agricultural technology and soil carbon storage in Japan and Asia. One potential collaboration includes Sumitomo’s investment in agricultural carbon offsets through Indigo Carbon, a program designed to support farmers in transitioning to practices that reduce atmospheric carbon dioxide levels by maximizing soil carbon sequestration and abating on-farm emissions.

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