Farmland Partners Sustainability Profile
Farmland Partners Inc., commonly referred to as FPI, is a leading agricultural real estate investment trust (REIT) headquartered in the United States. Founded in 2013, the company has established a strong presence in key agricultural regions across the country, focusing on the acquisition and management of high-quality farmland. FPI's core business revolves around providing investors with access to the agricultural sector through the ownership of productive farmland, which is leased to experienced farmers. This unique model not only offers a stable income stream but also capital appreciation potential, setting FPI apart in the competitive agricultural investment landscape. With a commitment to sustainable farming practices and a diversified portfolio, Farmland Partners has positioned itself as a notable player in the agricultural investment market, continually striving to enhance shareholder value while supporting the future of American agriculture.
DitchCarbon Score
How does Farmland Partners's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Cereal Grains industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Farmland Partners's score of 12 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Farmland Partners's reported carbon emissions
In 2022, Farmland Partners, headquartered in the US, reported total carbon emissions of approximately 60,530 kg CO2e, comprising 27,090 kg CO2e from Scope 1 emissions and 33,440 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Currently, Farmland Partners does not have specific reduction targets or initiatives outlined in their climate commitments. There are no emissions reduction targets set under the Science Based Targets initiative (SBTi) or any other formal climate pledges. As part of their environmental strategy, Farmland Partners is focused on transparency and accountability in their emissions reporting, as evidenced by their published ESG report. However, without specific reduction initiatives or targets, their climate commitments remain general.
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| 2022 | |
|---|---|
| Scope 1 | 27,090 |
| Scope 2 | 33,440 |
| Scope 3 | - |
How Carbon Intensive is Farmland Partners's Industry?
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Farmland Partners's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Farmland Partners has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
