Farmland Partners Releases First Sustainability Report
- 97% of tenants invest in soil health, 94% practice conservation tillage, and 87% use variable rate technology.
- Expanded solar and wind energy portfolio spans over 13,000 acres and generates approximately 260 megawatts of renewable energy.
- Continued partnership with Ducks Unlimited for conservation and habitat restoration.
- None.
“When we think of the environmental and social components of ESG, we start with two core beliefs – that everyone has a right to an affordable and nutritious diet, and
Key Report Highlights
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FPI’s tenants are good long-term stewards of the land. To help quantify their commitment, the Company surveyed tenants and found that
97% invest in soil health,94% practice conservation tillage,87% use variable rate technology, and more than half participate in federal conservation programs.
- FPI expanded its solar and wind energy portfolio, which now spans more than 13,000 acres and has the collective capacity to generate approximately 260 megawatts of renewable energy.
- FPI continued its partnership with Ducks Unlimited to support conservation and habitat restoration.
- FPI crafted a series of sustainability policies, which were adopted by the Company’s Board of Directors in February 2023.
- FPI calculated the Company’s Scope 1 and Scope 2 greenhouse gas emissions for the first time.
FPI’s 2022 ESG report is available on the Investor Relations section of www.farmlandpartners.com.
About Farmland Partners Inc.
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns and/or manages nearly 180,000 acres in 20 states, including
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the federal securities laws, including, without limitation, statements with respect to our environmental, social and governance (“ESG”)-related performance and initiatives, our outlook and the outlook for the farm economy generally, proposed and pending acquisitions and dispositions, financing activities, crop yields and prices and anticipated rental rates. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” or similar expressions or their negatives, as well as statements in future tense. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, beliefs and expectations, such forward-looking statements are not predictions of future events or guarantees of future performance and our actual results could differ materially from those set forth in the forward-looking statements. Some factors that might cause such a difference include the following: the ongoing war in
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Phillip Hayes
phayes@farmlandpartners.com
Source: Farmland Partners Inc.
