June 21, 2022
| Legal Document
The current climate crisis is the greatest existential threat of our time, threatening far reaching and devastating public health, environmental, and economic impacts. The severity of this crisis and the harms stemming from it permeate all aspects of our society, including the corporate sector. Financial risk to businesses from the warming planet is pervasive and will continue to grow absent substantial reductions in greenhouse gas emissions across all sectors. This is especially so for firms in the industrial agriculture sector, where climate change poses significant financial risk to the underlying business. Indeed, warming temperatures and the increasing frequency of extreme climate events such as floods and droughts, extreme heat, and dangerous storms, threaten overall productivity, the health of the labor force, production efficiency, and regulatory compliance.