Farmers At Growing Underground Launch Fresh Branding As They Announce B Corp Status And Growth Plans
Growing Underground announces its status as a B Corp brand, making it the first B Corp salad brand available in mainstream UK supermarkets. Meanwhile, owner Zero Carbon Farms (ZCF) is the first certified B Corp vertical or controlled environment farm in the UK and Europe. B Corporations are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. Growing Underground boasts a fully net carbon negative growing system, meaning that it off- sets more carbon than it emits.
Target-busting investment shows industry and individual support for the vertical farming movement
Since 2015, Growing Underground crops have been generating proprietary data, improving technology and methods to increase yields and reduce resources to create a net carbon negative growing system. Now the AgTech brand has formed a strategic partnership with one of the leading fresh fruit and veg suppliers to the UK, Reynolds, allowing the brand to distribute nationally.
To scale up its innovative farming mode even further, ZCF is currently undertaking a share offering. The financing has met with strong industry interest and investor endorsement and included a deliberately targeted crowdfunding campaign that hit its target in less than 24 hours. The offering has been over-subscribed and in total over £4 million has been raised, which will be used to expand into a second site in North London this summer.
“Growing Underground continues to grow in every sense,” comments Richard Ballard, Co-Founder & Farmer-in-Chief, Growing Underground. “We’re looking forward to translating our carefully crafted model and sustainability credentials into an industrial-scale distribution network, accelerating the world’s transition to carbon negative farming and continuing to transform the future of sustainable food production in the UK.”
Read the complete article at: Fresh Plaza
For more information:
Growing Underground
www.growing-underground.com
9 July 2021