How can financial institutions influence animal welfare?
Financial institutions should, and have the responsibility to, incorporate animal welfare into their policies and procedures.
Animal welfare should be incorporated into:
Financing decisions, analysis, policies and procedures
Due diligence and investment agreements
Active ownership and engagement tactics
Luckily, we are here to help.
The bottom line
Animal welfare is a material ESG and sustainability topic
Poor animal welfare is becoming increasingly unacceptable for consumers and companies
Poor welfare standards lead to material risk and return implications
Steps to take action
Having internal buy-in about the inclusion of animal welfare within policies, practices and procedures is the first step. Identify key personnel to lead this effort internally.
CONTACT THE FARMS INITIATIVE
The FARMS Initiative team will meet with you and discuss a customized solution based on each institution's needs.
It's time to start improving your policies, practices, and procedures as they relate to animal welfare! Doing so will help you mitigate risk and enhance return.
We will help you determine next steps and support implementation.