FAIRR endorses the Business Benchmark on Farm Animal Welfare (BBFAW), a leading global measure of company performance on this issue, and supports the project through Coller Capital.
There is growing attention being paid to the issue of farm animal welfare by global food companies. This is being driven by a variety of factors: food scandals, tightening regulatory requirements on animal welfare and on food safety and quality, investor concerns about how food companies are managing farm animal welfare and other risks in their supply chains, and consumer interest in issues around food quality, safety, provenance and traceability.
The Business Benchmark is the first global measure of company performance on animal welfare and, since its inception in 2012 has established itself as a catalyst for influencing change in corporate practices on animal welfare management and reporting.
Read the 2017 report to see how companies are progressing on integrating animal welfare into their business processes.