Factory Farming Divestment
Investment in industrial animal agriculture is becoming too risky. Putting money into the big livestock industry is financially unwise.
Investment in industrial animal agriculture is becoming too risky. Putting money into the big livestock industry is financially unwise.
Climate Disasters
Climate change
Waste regulation
Soil degradation
Trade disputes
Criminal prosecution
Carbon taxation
Industry disruption
Food recalls
Insurance cost increases
Animal cruelty scandals
Food poisonings
Lawsuits
Legislative Reform
Organized Opposition
Competition for resources
Shrinking labor pool
Transition risks
Poor working conditions
Loss of social license to operate
Social backlash
Stock reclassification
Changing consumer opinions and behavior
Barn fires
Weak corporate oversight mechanisms
Sustainability disclosures
Corporate governance issues
Bloomberg
"About 3.4 million chickens and turkeys and 5,500 hogs have been killed in flooding from Hurricane Florence as rising North Carolina rivers swamped dozens of farm buildings where the animals were being raised for market, according to state officials."
New York Times
"Claims of price manipulation have been floating around for years, but a government filing means criminal charges could follow."
https://www.nytimes.com/2019/06/25/business/chicken-price-fixing.html
Center for Disease Control
"“The outbreak strain of Salmonella Infantis is present in live chickens and in many types of raw chicken products, indicating it might be widespread in the chicken industry”
https://www.cdc.gov/salmonella/infantis-10-18/index.html
Reuters
"The slower processing led to higher costs that contributed to a $220-million cut to the company’s expected adjusted earnings for 2019 announced on Tuesday, White said at an investor conference. Almost half of the cut was linked to Tyson’s poultry business, he said, providing new details on the adjustment."
Live Science
“75 percent of all emerging infectious diseases are zoonotic...Most human infections with zoonoses come from livestock”
https://www.livescience.com/21426-global-zoonoses-diseases-hotspots.html
Oxfam
"The industry squeezes profits and productivity out of these workers. For every dollar spent on McDonald’s McNuggets, only about two cents goes to processing workers. Those workers hang, cut, trim, bread, freeze, and package those chickens—and they get 2 percent of the sale price."
https://www.oxfamamerica.org/livesontheline/
Vox
"By 2023, it will be illegal to sell eggs in Washington if the hens were raised in excessively small cages. The law will affect about eight million hens each year."
https://www.vox.com/future-perfect/2019/5/10/18564455/washington-jay-inslee-hens-animal-cruelty
Food Dive
"The new Oregon law comes after commitments to cage-free eggs from major corporations, including McDonald's, Walmart and Costco. Critics, however, state that the law could add costs for both Oregon's in and out-of-state commercial shell egg producers and consequently increase consumer prices at the grocery store."
https://www.fooddive.com/news/oregon-law-requires-cage-free-eggs-by-2024/561045/
The Business Insider
"Voters in California overwhelmingly approved Proposition 12, which will enact stricter rules on how much space farmers must give to egg-laying hens, veal calves, and breeding pigs. The idea is that all of those animals should have enough room to stretch out their wings, claws, and paws.
The measure has major ramifications for the rest of the country, because it also means that grocers in California won't be able to sell any meat or eggs that come from out of state and don't adhere to the new regulations. That means farms across the US that want to sell their wares in the nation's most populous state will be forced to comply with California's new rule."
https://www.businessinsider.com/california-small-cage-ban-could-force-egg-industry-cage-free-2018-11
Washington Post
"What’s different about the Massachusetts measure is that it targets farms far outside the Bay State by also banning the sale of pork, eggs or veal from producers that use the prohibited confinement practices, including products that come from across state lines. That means any U.S. farm that houses hens in the battery cages that are now the industry standard — which allot each bird a space with an area smaller than a piece of copier paper — will not be allowed to sell eggs in Massachusetts."