Heroad Investment joined The FAIRR Initiative, driving the global food industry towards sustainable transformation.
Animal agriculture industry is the a major contributor to climate change. It accounts for nearly 60% of food-related greenhouse gas emissions, including emissions from animal agriculture, feed production, land use change, and energy-intensive supply chains. Globally, the animal agriculture contributes 14-20% of total greenhouse gas emissions. The industry also drives deforestation, water consumption, and antibiotic use. With the increasing regulatory pressure, such as the EU Deforestation Regulation, and changing consumer preferences, the food industry is facing more pressure in terms of sustainability.
Therefore, if food industry companies fail to adequately address environmental, social, and governance (ESG) issues such as deforestation, greenhouse gas emissions, and animal welfare, they will face financial, reputational, and legal risks.
The FAIRR Initiative is a London-based ESG investor network dedicated to raising awareness of the ESG risks and opportunities that impact the global food system. By engaging with investors, companies, and stakeholders, FAIRR addresses material ESG risks in the food sector, such as greenhouse gas emissions, water scarcity, waste and pollution, food safety, and antibiotic use. FAIRR provides cutting-edge research to help investors identify and prioritize material ESG issues, and integrate them into their investment management and decision-making processes, driving the global food industry towards sustainability.
Currently, the FAIRR Initiative serves over 420 investor members with a combined asset under management of over $70 trillion. FAIRR aims to leverage the power of capital markets to drive sustainable transformation in the global food industry.
By joining the FAIRR Initiative, Heroad Investments will continue to focus on ESG issues such as climate change, deforestation, and animal welfare, contributing to building a sustainable global food system.