The Environmental & Social Story
While Santa Fe Farms begins as a hemp story, it is really a carbon story based on Growth, Transformation and Impact. Everything begins with the “seed” of an idea — from genetics to farming to agricultural partnerships across the country and around the globe, our Growth Division has “germinated” ideas into entire ecosystems — generating important efficiencies along the way. Transformation begins the minute we harvest our hemp and turn it into products that will change the nature of health, science, technology, housing and our climate. Impact means measurable regeneration and sustainability, and it’s about defining the industry through thought leadership and policy change. For us, this includes but is not limited to “carbon-sequestering” building materials, regenerative farming, and the use of hemp-based biochar. Impact is also about creating a reliable, scalable, and integrated industrial hemp supply chain that will produce premium-grade nature-based carbon offsets to help mitigate the effects of climate change. Throughout, we are working with our indigenous partners to grow hemp, create jobs, and develop circular economies.
Each year we put over 40 net billion tons of CO2 into our atmosphere, and scientists have high confidence that global temperatures will continue to rise for decades to come, largely due to this increase in greenhouse gas levels. The Intergovernmental Panel on Climate Change (IPCC) forecasts a temperature rise of 1.5 degrees centigrade over the next several decades that will lead to devastating effects to our planet including extreme drought, floods, heat and weather effects, massive storms, increased forest fires, food insecurity and loss of biodiversity. We have already seen the beginnings of these effects.
Getting to “drawdown” (sequestering more carbon in the soil and oceans than we put back into our atmosphere) will without a doubt require a range of “Nature-Based Solutions” including regenerative farming and reforestation. Industrial hemp grows rapidly in a wide range of conditions, sequestering large amounts of carbon in the soil while enhancing its health. Hemp can be used for a range of value-added materials, with both hemp-based building materials and biochar (stabilized carbon from low-oxygen combustion of agricultural waste) offering premium forms of carbon offsets through CO2 Removal Certificates.
Hemp sequesters approximately 15 tons of CO2/acre/year, more than any forest ecosystem. At Santa Fe Farms, we are committed to reducing the global carbon footprint by growing hemp initially across Indian Country and the U.S., through our partners in Costa Rica, Thailand and Chile, and then throughout around the world. Furthermore, by creating products like biochar that continue to sequester carbon beyond the growth lifecycle, we are continually contributing to the production of measurable and sustainable carbon offsets desperately needed by industries. Hemp production can also contribute to soil health, water and nutrient quality and availability, increased biodiversity and enhanced climate resilience. Application of hemp and biochar can naturally remediate polluted sites.
We are redefining the “how” people think about carbon and have recently come up with the concept of “Regenerative Refineries” — generating carbons from agriculture or other industries and transforming them into valuable byproducts that will sequester carbons for centuries to come. From paper, to plastic, to biochar, to building products we believe there will be an industrial paradigm shift from putting carbon dioxide into the atmosphere over the last 150 years to sequestering them over the next 150 years. “Regenerative Refineries” will generate a cleaner, safer and more sustainable future for us all.
Working with COTA Holdings to pursue a “National Tribal Hemp Business Strategy”, we are building awareness and promoting education around Hemp while generating a positive and productive image for our Indigenous Partners regarding the deployment of sustainable community and economic development on Tribal lands. An emphasis will be placed upon the development of capacity building, rural livelihoods, and the expansion of industry opportunities for Indian professionals. The first “use case” will be developing and growing regenerative, carbon-storing housing on Tribal Lands through our building products in Santa Fe Farm’s Products Division.
Using Hemp from our farms as well as from our Farm Partners Program to initially focus on housing on Indian Country land, not only can this technology enhance the environment through superior carbon sequestration, but it will create jobs, drive human capacity and deliver on the promise of sustainable development. Carbon sequestration in soil, stabilized building materials, and biochar can amount to about 15 to 25 metric tons of CO2 equivalent emissions per acre of hemp per year. With more than 50 million acres of tribal land in the U.S. and an estimated uptake of 1 million acres within the first three years, this can result in a steady range of 15 to 25 million carbon offsets per year from the initial phase of the National Tribal Hemp Business Strategy. Long-term carbon offset offtake contracts can provide a critically important hedge for companies facing regulatory requirements to decrease net GHG emissions.
Santa Fe Farms, Doing More for our Planet
At Santa Fe Farms we believe in the alchemy of the hemp plant and its tremendous potential to help heal the planet. We also believe firmly that by doing “good” for the planet (including with partners like Pro Natura and other Non for Profits), you can do well for your shareholders. Our ethos is reflected in our work culture and environment but for us it goes further. By embracing these values in an authentic and honest way, we will impact our products, our culture, our community and our planet.