Is there a war being waged on farmers across the globe in the name of going green?
In March, the Securities and Exchange Commission (SEC) proposed a new environmental, social, and governance (ESG) rule that mandates small farms disclose climate-related information if they wish to do business with public companies. The proposed rule, called “Enhanced and Standardization of Climate-Related Disclosures for Investors,” would require registrants to share specific “information about climate-related risks that are reasonably likely to have a material impact on their business, results of operations, or financial condition.”
Put simply, farmers and ranchers would need to allocate substantial resources and significant time to track environmental data. …}