$12 trillion initiative seeks to help members understand risks of factory farming
(Falls Church, Va., April 5, 2019) — Azzad Asset Management announced today that it has joined other socially responsible asset managers in an effort to better understand the risks of factory farming.
Launched in 2015 by the Jeremy Coller Foundation, the Farm Animal Investment Risk & Return (FAIRR) initiative is a network of investors representing more than $12 trillion that aims to put factory farming on the environmental, social and governance (ESG) agenda. The organization acts as a global collaborative network that shares research, fresh thinking and best practices with global institutional investors, policy makers, academics, NGOs and other related actors.
FAIRR is dedicated to working with its institutional investor network to highlight the issues associated with intensive livestock production. Risks include increased frequency of animal-borne diseases, the rise of resistant bacteria, and the impact of factory farming on climate change.
