CERTIFICATE TRADING - OFFSET IT SOFTWARE
The key benefits of our certificate/ credit trading software are:
- Fast and always online – multi application data centre redundancy
- User friendly / focused design
- Supply chain traceability - traceable back to farm / producer
- Scalable cost
- Adaptable to your supply chain system and membership requirements
Developed in 2007, our market leading certificate trading platform is tried and tested. The certificate trading or as it's traditionally known Book and Claim option, was exclusively developed, hosted and managed for the globally recognised sustainable standard for palm oil - The Roundtable on Sustainable Palm Oil (RSPO). The chain of custody option was given its own identity and branding as GreenPalm.
LEARN MORE - GREENPALM CASE STUDY
Designed to bypass the constraints of the physical supply chain systems, the Offset IT option links the two ends of the supply chain - farmer / producer directly with the final product manufacturer.
How does the certificate / credit option work?
Commodity producers / farmers apply for a secure trading account, registering their volume of certified sustainable material; this is then converted into virtual certificates or credits. These certificates or credits can then be offered on ‘The Market’ via the producer’s secure trading account. Product manufacturers and or retailers who have sustainable sourcing policies linked to this material can then register for a trading account, placing bids for these certificates or credits, redeeming them to offset their physical usage for an agreed period of time – usually annually.
Our software can also provide live impact data, supply chain certification and communication / claims management.
The development and hosting of our Offset IT certificate trading software, public site and back office application are all cloud based, using Microsoft's Azure platform.
Transparent, traceable and credible - our certificate trading software can help you build sustainable supply chains and achieve your vision of market transformation.
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