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vegan news anti-speciest news animal rights news


December 13, 2019 - Bloomberg Business

After Taking on Coal and Oil, Climate Investors Target Meat Next

After Taking on Coal and Oil, Climate Investors Target Meat Next
Brazil Stock ExchangeCredit: Rafael Matsunaga

Investors are starting to give meat suppliers a warning that has already sent ripples through the coal industry: make better progress in tackling climate change or risk being shunned.

The threat of divestments in the livestock sector -- one of the top contributors to global emissions -- is rising as asset managers increase scrutiny on the sustainability and carbon footprint of their holdings. Investors including Legal & General Investment Management have already started to divest from some food companies and said they may offload others that don’t meet certain environmental requirements.

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