The National Center for Public Policy Research’s Free Enterprise Project (FEP) is urging Deere & Company investors to support a shareholder proposal for an “Emissions Reduction ROI Audit.” They argue that Deere has not provided sufficient evidence that its renewable energy shift is financially beneficial for shareholders, raising concerns about potential “greenwashing” and SEC penalties. FEP Executive Director Steve Milloy contends that Deere’s emissions reduction efforts will have no discernible environmental impact and that pivoting to “green” equipment is economically unsound, citing the car industry’s losses with EVs and increased dependence on China.
Deere Must Demonstrate Clear Emissions ROI to End Greenwashing Doubts
The National Center for Public Policy Research’s Free Enterprise Project (FEP) is urging Deere & Company investors to support a shareholder proposal for an “Emissions Reduction ROI Audit.” They argue that Deere has not provided sufficient evidence that its renewable energy shift is financially beneficial for shareholders, raising concerns about potential “greenwashing” and SEC penalties. FEP Executive Director Steve Milloy contends that Deere’s emissions reduction efforts will have no discernible environmental impact and that pivoting to “green” equipment is economically unsound, citing the car industry’s losses with EVs and increased dependence on China.