ON Industries - Agriculture
July 28, 2022 | 1:00pm Eastern
Agriculture represents 5% of the US economy, and 10% of employment. Yet, this industry is responsible for 25% of the total greenhouse gas emissions in the US. In the journey towards net-zero 2050, several green agriculture initiatives such as precision farming, protein alternatives, cultivated meat, and carbon sinks are required.
The agriculture industry is prime for disruption, and this will impact the entire value chain. For example, the beef sector represents $63B in the US economy. How does this create a ripple effect impact to over 660,000 downstream businesses in the ‘Food Service’ industry? What will the implications be for these businesses and what can commercial banks do to prepare?
Join us to learn:
- How to develop a loan-level understanding of how transition risks will cascade down the agriculture value chain
- How you can use scenario analysis on a loan-by-loan basis to manage credit outcomes
- How your bank can turn this risk into an opportunity to support borrowers in their transition to the green economy