15 April 2019
BRUNEL PENSION PARTNERSHIP JOINS THE BBFAW GLOBAL INVESTOR COLLABORATION ON FARM ANIMAL WELFARE
Brunel Pension Partnership has joined the BBFAW Global Investor Collaboration on Farm Animal Welfare. The initiative, the first global collaborative investor initiative on farm animal welfare, encourages the world’s major food companies - including food producers, retailers and wholesalers, and restaurants and bars - to strengthen their approach, management systems and processes, and performance reporting on farm animal welfare.
The participating investors write to the companies covered by the Benchmark, commending leading and improving companies on their performance, and encouraging poorer performers to improve. The participating investors follow up these letters by raising farm animal welfare related issues with companies as part of their wider engagement with these companies.
The collaboration is now supported by 22 institutional investors representing a total of £2.4 trillion in assets under management. The participants are: Aberdeen Standard Investments, Australian Ethical Investments, Aviva Investors, BMO Asset Management (EMEA), BNP Paribas Investment Partners, Brunel Pension Partnership, Candriam, Castlefield Investment Partners, the Central Finance Board of the Methodist Church, Coller Capital, EdenTree Investment Management, Epworth Investment Management, Karner Blue Capital, NEI Investments, Rathbone Greenbank Investments, Robeco, Schroders, Sonen Capital, The Sustainability Group of Loring, Wolcott & Coolidge Trust, Trillium Asset Management, Triodos Investment Management and Walden Asset Management.
Faith Ward, Chief Responsible Investment Officer, Brunel Pension Partnership, commented: "Supply chain transparency is vital to consumer trust and we are delighted to support what we see as one of the most effective collaborative investor initiatives on farm animal welfare in the area of responsible investment."
Dr Rory Sullivan, Expert Advisor to BBFAW commented: “The importance of this collaboration is clear. Despite significant progress and an increasing number of leadership companies, of the 150 food companies covered by the Benchmark, 70 provide little or no information on how they manage or how they perform on farm animal welfare. Investors such as Brunel Pension Partnership have a key role to play in improving standards of farm animal welfare across the global food industry.”
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