Press Release

FAIRR network reaches trillion-dollar milestone

FAIRR Network Reaches Trillion Dollar Milestone

*Robeco Institutional Asset Management joins, pushing FAIRR past landmark in its first year

* Shows intensive farming is “growing concern” for investors says Coller

For immediate release:

(25 July, London), Almost exactly a year after its launch the Farm Animal Investment Risk & Return (FAIRR) Initiative has seen the collective AUM of its membership pass the $1 trillion landmark.

FAIRRwas established to raise awareness and close the knowledge gap among investors about the risks and opportunities associated with the growth of the factory-farming production model.

Jeremy Coller, CIO of Coller Capital and founder of FAIRR said,

“The growth of FAIRR’s membership to over a trillion in AUM within a year shows what a rapidly emerging issue intensive farming is for investors. On the surface intensive farming may appear to be an efficient way to feed the planet. But if you take a closer look there are a number of risks – from its disproportionate level of emissions, to overuse of antibiotics and labour issues — which could have far reaching impacts for society and real material consequences for investors.”

Factory farming is a recent phenomenon, but has become the predominant means of global meat production. Over 70% of the world’s farmed animals are reared in factory farms, and in the US it is closer to 99%. However there are a number of long-term risks associated with factory farming and these pose a threat to investors and society as a whole. These risks were explored in the recent FAIRR report: ‘Factory Farming: Assessing Investment Risk’.

Signatories to FAIRR include: ACTIAM; Aviva Investors; Boston Common Asset Management; Interfaith Centre on Corporate Responsibility (ICCR); Robeco Institutional Asset Management; Trillium Asset Management; and Triodos Investment Management.

 

Notes to editor

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 About FAIRR

The FAIRR Initiative is a collaborative investor network. It aims to raise awareness of the material impacts that factory farming can have on investment portfolios, and works to help investors share knowledge and form collaborative engagements on issues related to factory farming. test.fairr.org