A third-generation grower says the Securities and Exchange Commission’s proposed rule on climate-related disclosures does not consider the costs that will be placed on framers.
Bill Schultz with Schultz Fruitridge Farms in southwest Michigan testified Thursday before a U.S. House subcommittee about the potential impacts.
“This rule would require extensive reporting by public companies on their Scope 3 emissions, which are the result of activities not owned or controlled by the company but are in its supply chain,” he explains.
