AgIS Capital
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Resilience
- Biodiversity
- Employee Relations
- Community Engagement
- Responsible Resource Management
Environmental Achievements
- 100% of farms managed are certified under the Leading Harvest Standard
- 10,058 acres of orchards utilize pest mating disruption technology to reduce pesticide use
- 100% of farms utilize precision irrigation equipment and technology
- 2,785 acres of managed farms are certified organic
- 1,361 acres of tree fruit assets are certified under Global GAP
- 363 acres certified under Harmonized GAP
- 1.03 MW megawatts of solar output
- 12,564 acres utilize software to track energy efficiency
- Topworking orchards for redevelopment, saving up to 33,000 pounds per acre of waste and $30,000 per acre in costs
Social Achievements
- Investing in communities and education (Maxwell, CA Christmas parade participation, Water Education Foundation support)
- Incorporation of animals (sheep) for vegetation control, improving soil health and reducing operating costs
- Improved data collection and analysis using AgMonitor, leading to higher irrigation precision
Governance Achievements
- Leading Harvest certification maintained on 100% of managed acres
Climate Goals & Targets
Environmental Challenges
- Challenging economics in the permanent crop sector
- Climate change impacts (increased temperatures, changes in precipitation, extreme weather events, reduced water availability)
- Pollination risks due to reliance on honeybees and adverse weather conditions
Mitigation Strategies
- Employing experienced professional managers and expert consultants
- Considering climate and water factors in investment analysis and hold-sell analyses
- Supporting the Water Education Foundation
- Participating in local water agencies
- Utilizing a mix of honeybees and California bumblebees for pollination
- Incorporating animals for vegetation control
- Improving data collection and analysis to enhance precision and efficiency in resource use
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Increased temperatures
- Changes in precipitation
- Extreme weather events
- Reduced water availability
Reporting Standards
Frameworks Used: Leading Harvest Farmland Management Standard
Certifications: Leading Harvest Farmland Management Standard, Organic (2,785 acres), Global GAP (1,361 acres), Harmonized GAP (363 acres)
Third-party Assurance: Leading Harvest