Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Impact
• Governance

Environmental Achievements

• Surveyed 137 tenants (63% response rate) revealing high adoption of sustainable practices: 97% invest in soil health, 82% use conservation tillage, 94% use variable rate application technology, 87% plant cover crops, 41% invest in conservation activities for wildlife.
• 20 farms (13,000+ acres) leased for renewable energy production (260 MW capacity), with options for 23 more farms (15,000+ acres).
• Partnership with Ducks Unlimited for habitat restoration and protection (1268 acres).

Social Achievements

• Voluntary program to help tenants leverage collective buying power, lowering operating costs.
• Small loan program for tenants and farmers.
• Farmland sales to tenants to increase efficiency and build lasting relationships.
• Instituted a 401(k) retirement savings plan in 2022.

Governance Achievements

• Formalized a series of sustainability policies.
• Six independent directors and three executive directors on the Board.

Climate Goals & Targets

Environmental Challenges

• Shrinking farmland in the US (loss of 4.3 acres/minute for 22 years)
• Global food demand growth and supply of quality farmland shrinking.

Mitigation Strategies

• Diversifying portfolio across regions and crop types.
• Supporting farming as a livelihood.
• Selecting tenants who share a passion for responsible agriculture.

Supply Chain Management

Responsible Procurement

• Voluntary program to help tenants leverage collective buying power.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Water availability problems

Opportunities

• Renewable energy projects