As a part of Peoples Company’s commitment to sustainability, Peoples Company published a white paper, co-authored by company president Steve Bruere and Iowa State University Professor Emeritus Dr. Mike Duffy, titled “Socially Responsible Farmland Investment.” The thought-provoking paper asserts that changing demographics is driving a trend by next-generation landowners to manage for appreciation and create sustainability through socially responsible farming practices.
“Socially Responsible Farmland Investment” describes the “complex interdependencies” that play into the idea of a practical use of farmland as an asset class, as well as its relation to the fabric and norms of society. World population scenarios for nine billion people by 2050 carry with them a set of incomplete, contradictory, and changing problems to solve, including:
The reason behind presenting a case for making socially responsible farmland investing decisions is to promote “food for thought” regarding these challenges. Although farmers sometimes feel society is unfair or doesn’t understand their challenges, the white paper argues to embrace rather than resist the movement for socially responsible farmland investing. In practice, it forces landowners and farmers to come together to find and implement the answers to societal issues facing agriculture.
Peoples Company believes the era of socially responsible land investing has arrived due to societal issues facing agriculture. The 24-page document also includes an interview with Stine Seed President and Founder Harry Stine on high population corn, plus articles on multi-hybrid variable-rate planters from Kinze Manufacturing, beginning farmer programs from the Iowa Agricultural Development Division, new technology conservation practices from the Iowa Soybean Association, and more.
To access a published version of the Peoples Company white paper, “Socially Responsible Farmland Investment,” please click here.
UN Principles for Responsible Investment, Peoples Company Signs On:
Peoples Company was officially welcomed as the latest signatory to the Principles for Responsible Investment (“PRI”) by PRI Secretariat Charles Hocking. We are proud to be the first U.S.-based farmland brokerage, management, appraisal and investment services company among the nearly 1,400 signatories worldwide.
This United Nations-supported initiative is an international network of investors and service providers working collaboratively to implement the six Principles for Responsible Investment. The PRI Initiative has quickly become the leading global network for investors to publicly demonstrate their commitment to responsible investment, to collaborate and learn with their peers about the financial and investment implications of these issues, and to incorporate these factors into their investment decision making and operational practices.
Peoples Company Principles for Responsible Investment: