LÄNSFÖRSÄKRINGAR AB JOINS THE BBFAW GLOBAL INVESTOR COLLABORATION ON FARM ANIMAL WELFARE

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LÄNSFÖRSÄKRINGAR AB JOINS THE BBFAW GLOBAL INVESTOR COLLABORATION ON FARM ANIMAL WELFARE

 

Länsförsäkringar AB, a Swedish banking and insurance company, has joined the BBFAW Global Investor Collaboration on Farm Animal Welfare. As a member of the Investor Collaboration, Länsförsäkringar AB will participate in an annual engagement to improve animal welfare management practices amongst BBFAW’s 150 global companies.

The Investor Collaboration is now supported by 33 institutional investors1 representing £1.9 trillion in assets under management.

Länsförsäkringar AB commented:

“We need to act on companies in the global food industry to ensure good and safe farm animal welfare. By joining The Business Benchmark on Farm Animal Welfare's global investor initiative, we can, together with other investors, raise standards on farm animal welfare and make it possible to impact companies through dialogues and requirements.”

BBFAW commented:

“We are delighted that Länsförsäkringar AB has joined the Global Investor Collaboration to support the continued improvement of animal welfare practices by BBFAW companies. Further the launch of BBFAW Nordic this year signals the continued focus on animal welfare in the region.”

1 The participants are: Aberdeen Standard Investments, ACTIAM, AMP Capital Ethical Leaders Fund, Australian Ethical Investments, Aviva Investors, Bâtirente, BMO Global Asset Management, BNP Paribas Investment Partners, Boston Trust Walden, Brunel Pension Partnership, Candriam, Castlefield Investment Partners LLP, CCLA, the Central Finance Board of the Methodist Church, Coller Capital, EdenTree Investment Management, Epworth Investment Management, Ethical Partners Funds Management, Hexavest, Karner Blue Capital, KBI Global Investors, Länsförsäkringar AB, NEI Investments, OpenInvest, Rathbone Greenbank Investments, Robeco, Le Regroupement pour la responsabilité sociale des entreprises, Simplicity AB, Sonen Capital, The Sustainability Group of Loring, Wolcott & Coolidge Trust, Trillium Asset Management, Triodos Investment Management, and Vaudoise Assurances Holding SA.

 

ENDS

For further information please contact:

Amanda Williams, Director of Communications, Chronos Sustainability (BBFAW Secretariat)

T: 020 8050 5103

amanda@chronossustainability.com

More information on the Business Benchmark on Farm Animal Welfare programme can be found at www.bbfaw.com

 

NOTES TO EDITORS

 

  1. The Business Benchmark on Farm Animal Welfare (BBFAW) is the globally recognised investor framework for assessing the quality of companies’ practices, processes and performance on farm animal welfare.
  2. The Business Benchmark on Farm Animal Welfare, founded in 2012, is supported by its founding partner, Compassion in World Farming and supporting partner, FOUR PAWS.
  3. BBFAW provides an annual, independent assessment of farm animal welfare management and performance in global food companies. It enables investors, companies, NGOs and other stakeholders to understand corporate practice and performance on farm animal welfare. More information on the programme can be found at com
  4. Through the annual benchmark, extensive engagement programmes with investors and with companies, and the production of guidance and other materials for companies and investors, BBFAW has driven higher farm animal welfare standards across the world’s leading food businesses
  5. BBFAW maintains the Global Investor Statement on Farm Animal Welfareand convenes the Global Investor Collaboration on Farm Animal Welfare, a collaborative engagement between major institutional investors and food companies on the issue of farm animal welfare. In addition, BBFAW manages extensive engagement programmes with companies and with investors and provides practical guidance and tools for companies and for investors on key animal welfare issues.

 

ENDS ALL

 

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