Contributor Michel Santi opines the world's increased awareness of ESG has further exacerbated the global famine issue.
The post ESG Vs Food: A Delicate Balancing Act appeared first on LUXUO.

Canada is a breadbasket: it is the 4th largest exporter of grains and vegetables in the world. This country also has one of the most efficient harvesting techniques available. However, its food stores will no longer be as well-stocked in the near future because the federal government has just decreed a 30 per cent reduction in fertiliser emissions by 2030. By then, the whims of Trudeau & Co. will cost the various Canadian provinces (according to the Western Canadian Wheat Growers) between 2 and 4.5 billion dollars. The drastic cut of a third of all fertilisers of chemical origin will therefore transform this major exporting country into a net importer of food in a few years.
The Netherlands, which had already been obligated to cut down its nitrogen fertiliser usage by 70 per cent, has just been notified of an additional constraint to further reduce its fertiliser use in half by 2030. More than 11,000 of the 35,000 currently operational farms will thus be condemned to bankruptcy according to statistics by the Dutch government. Between a third to half of livestock from nearly 18,000 farms will not be available. In fact, the authorities are even demanding that some breeders simply cease their activity, which ? consciously or not ? sabotage a nation that is the largest exporter ...