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SEC’s Narrower Emissions Rules Shaped by Powerful Farm Lobby

ESG Co-chair Jacob Hupart spoke with Bloomberg Law about how the lobbying efforts of the American Farm Bureau Federation influenced the SEC to narrow its proposed climate disclosure requirements, leading to the exclusion of the Scope 3 mandate that would have impacted farmers. 

Jacob said, “I wouldn’t say there was an absence of a political pressure campaign from the progressive wing of the Democratic Caucus. It wasn’t as vocal or as prominent. If this rule does not go quite as far as they may have hoped or originally planned, that doesn’t change the fact that it’s still a significant victory for them.”


Bloomberg Law