FINSUM + Magnifi: Agriculture Changing the ESG Landscape
March 2021
Farming, often considered one of the original green industries, has fallen out of sync with
environmental, social, and governance (ESG) practices because of the increased use of chemicals and
GMOs. However, the industry is seeing a turnaround with new policies and technology. The Biden
administration is looking to incentivize companies for green initiatives like carbon replenishment of the
soil as agriculture contributed to 9.9% of greenhouse gasses in 2018. Companies like Royal DSM,
Novozymes, and Bayer AG are working on enzymes to increase plant growth, feed additions to minimize
greenhouse gases from animal byproducts, and satellites to improve soil administration. Sustainable
agriculture is gearing up to compete with traditional mainstays.
