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High-Profile Investors Warn Meat Companies Are "High Risk"

A new food index launched last week by investor network Farm Animal Investment Risk & Return (FAIRR)—which manages $5.9 trillion in assets, collectively—estimates the majority of meat, fish, and dairy corporations are impeding global environmental goals. The group scored 60 of the world’s largest animal agriculture companies—totalling $152 billion in market capital—and classified 36, including suppliers of McDonald’s and KFC, as “high risk” investments after assessing criteria such as greenhouse gas emissions, biodiversity loss, water management, and antibiotic use. FAIRR’s research, which aims to provide investors with a higher level of transparency, shows the companies are failing to address or disclose basic management across critical risks.

In FAIRR’s assessment, it found that 72 percent of these companies showed poor or no reporting of greenhouse gas emissions, and 77 percent have no policies or processes in place to eliminate the use of antibiotics. (vegnews.com)

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