This week, the Securities and Exchange Commission (SEC) took action to scale back its final Climate Disclosure rule. This onerous regulation would have required publicly traded companies to report Scope 3 emissions, including every step in its value chain all the way back to the farm, involving ordinary farming and ranching activities.
While this victory is welcome news, MOFB, in partnership with American Farm Bureau, is continuing to fight against California’s attempt to impose their climate disclosure law on Missourians and all Americans.
MOFB President Garrett Hawkins issued this statement:
“I’m extremely proud of the work of Missouri Farm Bureau members in pushing back against the SEC’s climate disclosure rule. Hundreds of individual comments were submitted, and I’m thankful we were able to meet personally with SEC Commissioner Hester Peirce to express our members’ concerns.
We were able to stop the worst aspects of the SEC’s proposal in Washington DC, but now the fight moves to preventing California from imposing their climate disclosure mandate across the United States. Unfortunately, until California’s climate disclosure laws are struck down, farmers and ranchers in Missouri and all across the country continue to be under the threat of illegal and excessive government overreach on our farms.”
President Hawkins, a cattle rancher from Appleton City, is a complainant in American Farm Bureau’s ongoing litigation opposing California’s climate disclosure laws.
