Iroquois Valley Farmland REIT
Illinois, United States
Equity investing - Developed Markets
Service with Minor Environmental Footprint
Iroquois Valley Farmland REIT, PBC is a restorative farmland finance company providing land access to organic family farmers, with a focus on the next generation. Starting in 2007 (as Iroquois Valley Farms, LLC) and establishing itself as a leader in socially responsible investing before “SRI” and “Impact Investing” were common vernacular, the Company has a long track record of successfully acquiring organic and transitional farmland. In 2016, the Company expanded its scope to include mortgage financing/re-financing. The Company uses private investment capital to facilitate farmers’ expansion plans through leasing or mortgage financing. The Company is committed to social responsibility and the public health. In that regard, Iroquois Valley Farmland REIT, the parent entity, was established as a Public Benefit Corporation, whose public benefit is enabling healthy food production, soil restoration and water quality improvement through the establishment of secure and sustainable farmland access tenures. Iroquois Valley Farms has purchased over 8,400 acres of farmland representing nearly $50 million in transaction value (inclusive of land subsequently sold its tenant farmers). All farms are operated by independent family farmers organically.
Overall B Impact Score
Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Previous Overall B Impact Scores
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