John Rose for Congress: SEC’s Proposed ESG Rule Will Leave Small Farms in the Lurch, Lawmakers from Both Parties Say

Tennessee

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In a letter led by Rep. John Rose, R-Tenn., the lawmakers said a proposed rule for "Enhanced and Standardization of Climate-Related Disclosures for Investors" could block farmers from working with public companies. 

In all, 118 House members are signing the letter, including two swing-district Democrats in Reps. Elissa Slotkin, D-Mich., and Elaine Luria. D-Va.

"To do business with public companies, small farms would be required to disclose a significant amount of climate-related information," the letter, sent to SEC Chairman Gary Gensler, read. "But unlike large corporations, small farms do not have full-scale compliance departments."

Original source can be found here.

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