FAIRR-meat-sourcing-engagement-

Global investor engagement on meat sourcing

The FAIRR Initiative and Ceres are jointly leading a collaborative engagement with six quick-service restaurant brands. The engagement is supported by over 80 investors with over $6.5 trillion in combined assets. The engagement asks the companies to de-risk their meat and dairy supply chains by taking four steps. It asks companies to undertake climate risk scenario analysis, develop strong supplier policies on climate and water, set science-based targets, and publicly report on progress against these targets.

Background

For fast food companies buying meat and dairy, these supply chain risks present growing challenges to their supply security, sustainability ambitions, brand and reputation, and financial growth.

The fast food sector plays a dominant role in feeding our global population. On any given day around 84.8 million adults in the US, nearly one third of the population, consume fast food. This sector continues to expand rapidly across developed and emerging markets. A significant portion of this consumption is linked to food items that wholly or partially involve meat and/or dairy products.

Across three key areas – greenhouse gas emissions, water and land use – animal proteins have a significant environmental footprint. This increasingly creates material reputational, operational and market risks for the companies buying animal protein-based products. Agriculture and land use constitute 24% of global GHG emissions, and meat and dairy supply chains are major contributors and are also among the biggest drivers of tropical deforestation. Their productivity will also be impacted by rising temperatures.

Main contact: Iman Effendi, Research and Engagement Manager

Related reports

See our briefing on these issues to understand how climate and water risks affect quick-service restaurants, and why investors should engage on this issue.

Livestock-levy
Report

Over 180 countries now impose a tax on tobacco, 60 jurisdictions tax carbon and at least 25 tax sugar. Is meat next in line?…

11th Dec 2017 | FAIRR_admin

Join the network

Becoming an investor member of FAIRR puts you at the heart of a global network of investors seeking to understand and manage issues linked to intensive livestock production.

Why join?

  • Access to new research and analysis on the potential material impacts of factory farming.
  • Regular updates, presentations, newsletters and private events.
  • The opportunity to join collaborative engagements with relevant companies (investor members only).
  • Access to best practice tools, networking and knowledge sharing with the FAIRR investor network.
  • Showing a public commitment to considering factory farming issues as part of the investment process.

Keep up to date

Subscribe to our quarterly newsletter.