U.S. Cotton Trust Protocol, TextileGenesis Collaborate for Supply Chain Transparency
May 3, 2021 The U.S. Cotton Trust Protocol – a science-based sustainability program that collects robust farm-level data against six key sustainability metrics – is enhancing the value of its program by delivering unparalleled supply chain transparency through its Protocol Credit Management System (PCMS).
To provide this increased supply chain visibility to brand and retail members, the Trust Protocol is joining the TextileGenesis platform as the world’s first sustainable cotton fiber to offer full transparency across the supply chain on the platform.
“Today, having a holistic view of every step throughout the supply chain is imperative for brands and retailers,” said Dr. Gary Adams, president of the U.S. Cotton Trust Protocol. “We are proud to announce our collaboration with TextileGenesis to address this need as the Trust Protocol aims to set a new standard for more sustainable and trackable cotton production.”
In combination with the existing Protocol Platform developed by Memphis-based technology partner The Seam LLC., the TextileGenesis platform will allow the PCMS to record and verify movement of U.S. cotton fiber through the entire process by capturing and verifying article level transactions between the multiple participants along the complete supply chain. Upon receipt of their finished products, Trust Protocol brand and retail members will be able to claim Protocol Credits – digital tokens equivalent to the physical cotton produced under the program – and make corresponding claims related to the environmental metrics and sustainable practices adopted by participating Trust Protocol growers.
“We have engineered our platform to leverage the latest technology and industry-specific best practices, with a heavy emphasis on strong data methodologies,” said Amit Gautam, CEO and founder of TextileGenesis. “Collaborating with the U.S. Cotton Trust Protocol, with its clear focus on robust data and the strength of its verification practices, creates a powerful solution for brands and retailers worldwide in their search for more sustainable fibers and enhanced visibility in their supply chains.”
The collaboration will begin pilot trials of the collaboration with selected brands and mills in early June 2021, with full deployment of the PCMS envisioned for early 2022.
Based on information provided by the U.S. Cotton Trust Protocol
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