Posted By Rachel Alembakis on in Corporate Reporting, Environment, Fund Management, Top News

Australian Ethical Investment has joined a coalition of 40 institutional investors engaging with 16 multinational food companies over concerns of material risks posed by industrial animal production.

Ella McKinley, ethics analyst, Australian Ethical Investment

Ella McKinley, ethics analyst, Australian Ethical Investment

The Farm Animal Investment Risk and Return (FAIRR) initiative has sent a letter to General Mills, Kraft Heinz, Mondelez International, Nestlé SA, Unilever, Ahold-Delhaize, The Co-operative Group, Costco Wholesale Corporation, Kroger Company, Marks & Spencer, Wm Morrison Supermarkets, Ocado, Sainsbury’s, Tesco, Walmart, and Whole Foods Market. The letter urges companies to “identify their plans to respond to this risk, in particular by encouraging them to set strategies to diversity into plant-based sources of protein.” 

 

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Rachel Alembakis

Rachel Alembakis

Publisher/Editor at The Sustainability Report
Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.
Rachel Alembakis

Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.

Rachel Alembakis

Rachel Alembakis

Publisher/Editor at The Sustainability Report
Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.
Rachel Alembakis

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