Member AUM
$70 trillion
30 May 2023

FAIRR’s top news picks

McDonald’s Faces Investor Demands to Lower Antibiotic Use

Economic Times | 23 May 2023

Asset managers, Legal & General Investment Management and Amundi, have teamed up to encourage McDonald’s to reduce the use of antibiotics in its food supply chain. They are supporting a resolution proposed by Shareholder Commons, urging McDonald’s to adhere to WHO’s guidelines on the use of medically important antimicrobials in animals for food production. The investors’ concerns stem from the increasing threat of antimicrobial resistance (AMR), which leads to millions of deaths annually.

Antibiotic Factory Pollution Raises Concerns for Public Health

Financial Times | 24 May 2023

Antibiotic factory pollution, a significant public health risk contributing to antibiotic resistance, has raised concerns among environmental watchdogs, regulators, and pharmaceutical companies. India, a major drug producer, has discovered high levels of antibiotic residue in rivers near industry hubs. Overuse and misuse of antibiotics, as well as agricultural practices, further contribute to resistance remaining a global public health threat, causing millions of deaths annually. FAIRR has two ongoing engagements related to AMR, find out more on our website: Animal Pharmaceuticals engagement and Restaurant Antibiotics.

European Green Laws Face Uphill Battle as Resistance Mounts

Reuters | 25 May 2023

Resistance to new environmental laws in the European Union (EU) is posing a challenge to their green transition plans. The EU is rushing to finalize legislation, including nature restoration targets and a goal to reduce chemical pesticide use by 2030. However, there is growing opposition from lawmakers and member states, with concerns raised by farming groups that further changes require more financial support.

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More Food for Thought

Vast Majority of Global Methane Emissions Escape Government Climate Regulations | Alejandro De La Garza | Time Study Shows Potential Abrupt Loss of 30% of Species at 2.5°C Warming | Eco-Business

FAIRR’s Protein Pulse is a weekly collection of news articles related to the food sector that may be of interest to our members. FAIRR does not necessarily endorse the views of these news articles and assumes no responsibility for any errors or inaccuracies found in third-party content.