May. 31, 2022
-Our family farms in northwest Ohio Fulton County. It was brought to our attention that the SEC is proposing extensive requirements for public companies to report on Scope 3 emissions. Doesn't sound like it would affect farmers but it does. We purchase diesel fuel from public traded companies, we purchase fertilizer and herbicides from public traded companies, we sell our grain to public traded companies. This new rule would require farmers to disclose and track day to day activities and the business we do with public traded companies. We don't have the resources or time to do this. We are a family run business. Why put more burdens on us. Farmers do not need to be included in these new regulations. The American Farm B ureau has done research on these regulations and deemed it an unfair and harsh burden on family farms. These regulations are intended for Wall Street Companies not family farms. This is an example of overreach by the SEC. Please reconsider and interview farmers on the cost and burden of complying.