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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.”
“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.
For further information please contact:
Amanda Williams, Director of Communications, Chronos Sustainability (BBFAW Secretariat)
T: 020 8050 5103
More information on the Business Benchmark on Farm Animal Welfare programme can be found at www.bbfaw.com
NOTES TO EDITORS
In March and April 2023, the BBFAW conducted a pilot assessment of 150 companies against the new 2022 benchmark criteria. Instead of the usual public BBFAW report, this briefing paper summarises methodological findings from the BBFAW 2022 pilot benchmark and includes case study examples of company reporting. The briefing also confirms the assessment approach for the BBFAW 2023 assessments, which are scheduled to take place in October to December 2023.31st July 2023
Two consultation webinars were held on the 2nd February 2023 and offered companies the opportunity to hear more about the proposed changes to the 2022 BBFAW methodology and to submit responses live during the webinar. View the video and presentation if you missed this event and wish to catch upon-demand.6th February 2023
The public consultation on the proposed BBFAW 2022 Benchmark is now open and will run until 14th February 2023.24th January 2023