This blog by Mikael Fast, is introducing the theme ”Animal Rights & Investing- links and perspectives”. Finsif helds an ONLINE event (see more below) where Mikael is moderating the discussion.
Welcome to ONLINE event 31.8.23 @ 15.30 (UTC +3, Helsinki) to hear more about the topic & express your thoughts!
Speakers
Markus Vinnari, University lecturer: University of Helsinki, Faculty of Agriculture and Forestry, Department of Economics and Management, Food Economics and Business Management
Maria Lettini, Chief Executive Officer
US SIF: The Forum for Sustainable and Responsible Investment
Claire Smith, CEO, Beyond Investing
As ESG-focused investors, we already understand the significance of considering Climate and Biodiversity factors in our investment decisions. However, there’s another critical aspect that deserves the attention: animal rights and especially its connection to meat production. In this blog post, I will explore three compelling reasons why taking animal rights into account is essential for investors who care about sustainability and aim to address global warming. These are:
- Climate Impact of Meat Production
- Resource Intensity and Scarcity
- Changing Consumer Preferences
Climate & Meat
The livestock industry contributes significantly to global greenhouse gas emissions, particularly methane and nitrous oxide, potent greenhouse gases that accelerate climate change. Animal agriculture is estimated to be a significant driver of these emissions. As an ESG-conscious investor seeking to combat global warming, it’s vital to assess the environmental impact of meat production and its potential financial implications. Stricter regulations and carbon pricing measures could potentially affect the profitability of companies involved in intensive animal agriculture.
Resources
Meat production requires substantial amounts of land, water, and feed. With the global population continuously growing and the demand for animal products increasing, these resources are under immense strain. Deforestation, water scarcity, and competition for resources between livestock and human consumption are pressing concerns. By considering these resource-related risks, you can make informed decisions about companies exposed to such challenges, safeguarding your investment portfolios from potential long-term risks.
Consumer Preferences
The Importance of Animal Rights and Meat Production for ESG-focused InvestorsShifting consumer preferences towards sustainable and ethical choices are undeniable trends influencing the food industry. As awareness of animal rights and the environmental impact of meat production grows, the demand for plant-based and alternative protein sources is on the rise. Companies that fail to adapt to these changing preferences risk losing market share and revenue. Conversely, investors who identify and support companies leading the transition to more sustainable food production may capture opportunities for growth and improved financial performance.
Conclusions
By incorporating animal rights and meat production considerations into your investment strategy, you can proactively manage risks associated with climate change, resource scarcity, and evolving consumer preferences. Integrating these factors into your ESG-focused investment decisions not only supports positive environmental and social impacts but can also lead to more resilient and sustainable investment portfolios, potentially resulting in better long-term returns. The growing trend of vegetarian diet and ethical consumption signifies the importance of recognizing animal rights as a vital aspect of responsible investing. As ESG-conscious investors, your decisions have the power to create positive change, contributing to a more sustainable and compassionate future for all.
Mikael Fast
Partner, Impact Cubed, member of Finsif
Interested to read more?
Eating less meat ’like taking 8m cars off road’ – BBC News
A Modern Argument for the Rights of Animals | Peter Singer | TED – YouTube
Welcome to ONLINE event 31.8.23 @ 15.30 (UTC +3, Helsinki) to hear more about the topic & express your thoughts!
Visit our event page and register.
Speakers
Markus Vinnari, University lecturer: University of Helsinki, Faculty of Agriculture and Forestry, Department of Economics and Management, Food Economics and Business Management
(Check a video)
Maria Lettini, Chief Executive Officer
US SIF: The Forum for Sustainable and Responsible Investment
(Check a video)
Claire Smith, CEO, Beyond Investing
(Check a video)
