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ANA reports that workers at the Spier estate in Stellenbosch will have a little extra to spend this Christmas after the farm decided to divide a portion of cash earned via carbon credits.
Spier announced this week that it would give 27 workers a share of half of the R204,000 earned for practising regenerative farming on part of the organically certified wine farm through a climate change mitigation initiative. The farm has acquired the credits for sequestering 6,493 tons of carbon dioxide in its soil, which is cultivated in as natural way as possible by using regenerative farming practices like high density grazing. Spier sustainability director Heidi Newton-King said this initiative added to the farm’s sustainability and underlined the fact that regenerative farming was not only good for the environment but made good business sense.
- Read this report in full at Business Report
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