Learn more about how Insight’s Global Farmland Fund became certified for its role in highlighting sustainability in the agriculture sector.
In December 2018, the Global Farmland Fund Limited, which is actively managed by BNY Mellon Insight Investment Management, hit a significant milestone. It became one of the first certified Guernsey Green Funds (GGF), a certification regulated by to the Guernsey Financial Services Commission, and which helps investors identify investment vehicles that adhere to recognized green standards.
Insight launched the Fund, with its first investment in 2012, acknowledging the essential role of primary production farming in the global economy. Climate change, population growth, and the associated rise in food demand have increased pressure on the agriculture sector to adopt more sustainable practices to ensure reliable food production over the long term. Insight believes the most successful farmland managers know sustainability is core to the long-term value of their business and saw in farmland an attractive investment opportunity and a way to support an undercapitalized sector.
“The GGF designation was awarded because of how directly we influence sustainable farming techniques and practices on the farming businesses within the fund,” said Detlef Schoen, head of Real Assets for Insight Investments. “We have particularly focused on farming operational techniques supporting efficient soil tillage, carbon soil sequestration, efficient use of fertilizers, range land management and animal waste management.” Through the Global Farmland Fund, BNY Mellon has enabled investors to credibly advance sustainable farming practices to help mitigate climate change risk. This Fund is closed to investors and is no longer accepting new subscriptions.