Products making environmental, social and governance-related claims averaged 28% cumulative growth between 2018 to 2022, versus 20% for products that didn’t, according to McKinsey & Company.
Veterinarians can play a crucial role in helping dairy farmers identify areas of opportunity, leading to more profitable and sustainable operations, says Maggie Cronk, a veterinary student and 2024 Iowa Dairy Ambassador.
The clock is ticking — and the current estate-tax exemption is set to plummet at the end of 2025. The smaller exemption coupled with inflation and land values likely means increased assets and estate-tax rates.
Scope 3 is all the buzz lately in the world of sustainability. A company’s emissions are broken down into three scopes. Scope 3 covers indirect emissions from a company’s upstream and downstream supply chain.
On Jan. 1, 2023, the percentage immediately deductible through bonus depreciation (a provision in the Tax Cuts and Jobs Act) went from 100% to 80%. It will continue dropping by 20% each year until it reaches zero.
The value data can provide to you can only be recognized when it is put to use to evaluate your farm operation and make decisions based on those insights. Fortunately, that is possible today.
