Jump to content

FAIRR

Add links
From Wikipedia, the free encyclopedia

FAIRR (initially known as the Farm Animal Investment Risk and Return Initiative) is a global network of institutional investors addressing environmental, social and governance (ESG) risks and opportunities in the food sector.[1] It provides institutional investors with research, analytical tools, and collaborative platforms to engage companies across the global food and agriculture industries.[2] FAIRR is part of the Jeremy Coller Foundation, a philanthropic platform established in 2002 by private equity investor Jeremy Coller.[3][4][5][6] It works to make the food supply more sustainable and using more plant-based foods.[7]

Based in London, UK,[8] it offers research, tools, and investor engagements in the global food sector.[9][10][11] FAIRR is part of the Jeremy Coller Foundation, which was founded in 2002 as the philanthropic platform of private equity entrepreneur Jeremy Coller.[12]

Overview

[edit]

FAIRR was founded in 2015 by Jeremy Coller, Managing Partner and Chief Investment Officer of Coller Capital, to help institutional investors identify and mitigate ESG risks associated with intensive animal agriculture and broader food systems.[13][14] According to the Guardian the initiative managed to unite 40 global financial firms including Robeco, Aviva, and Nordea in 2015-2016, making a near 2 trillion USD coalition.[15]

In 2022, FAIRR and the Good Food Institute (GFI) launched a tool with two frameworks for businesses to report the sustainability of alternative proteins.[16]

In 2023, FAIRR released a report—developed with IPCC scientists—warning that climate risks could push half of the world’s largest livestock producers into operating losses by 2030 under a 2°C scenario.[17]

In 2023, FAIRR appointed Fiona Reynolds, former CEO of UN-supported Principles for Responsible Investment (PRI), as its President.[18]

According to Bloomberg, a 2024 FAIRR report analyzing 79 agrifood companies found that while many publicly promote regenerative agriculture, few have clear targets or provide financial support.[19]

Operations

[edit]

Headquartered in London, UK, FAIRR comprises over 400 investor members managing approximately $70 trillion in assets, making it among the fastest-growing ESG investor networks by assets under management.[20] FAIRR facilitates collaborative investor engagements, publishes research, coordinates policy advocacy, and engages with regulators, industry groups, and non-governmental organisations to enhance sustainability across food supply chains.[21][22][23]

Policy Engagement

[edit]

FAIRR engages policymakers and industry stakeholders advocating sustainable practices such as regenerative agriculture and responsible antibiotic use, highlighting financial risks related to climate change and biodiversity loss. It regularly publishes open letters and reports, urging transparency and ESG-aligned actions within food companies.[24][25]

FAIRR actively participates in international climate discussions, including COP conferences, highlighting the environmental impact of intensive animal agriculture.[26][24]

Key Projects

[edit]

Coller FAIRR Protein Producer Index

[edit]

Coller FAIRR Protein Producer Index benchmarks the world’s 60 of the largest publicly listed meat, dairy, and aquaculture companies on ten ESG themes aligned with the United Nations’ Sustainable Development Goals (SDGs). The index provides financial institutions with insights and analytics on ESG performance, identifying risks and trends with the protein industry.[27][28][29]

Coller FAIRR Climate Risk Tool

[edit]

The Coller FAIRR Climate Risk Tool models potential financial impacts on meat and dairy producers under three climate scenarios - High Climate Impact, Business as Usual, and Net Zero Aligned - using data from authoritative sources such as Intergovernmental Panel on Climate Change (IPCC) and the Network for Greening the Financial System (NGFS).[30]

Seafood Traceability Initiative

[edit]

In 2024, FAIRR launched a seafood traceability initiative with 35 investors representing over $6.5 trillion in assets. This project engages seafood companies such as Nissui and Nomad Foods, addressing ESG risks including overfishing, labour exploitation and biodiversity loss in the seafood industry.[31][32]

Climate Risk Analysis (2024)

[edit]

FAIRR’s 2024 climate risk analysis reported significant financial threats facing the livestock industry by 2030, driven by methane emissions, volatile feed prices, and rising consumer demand for plant-based alternatives.[33][34]

Engagements and Partnerships

[edit]

FAIRR coordinates investor-supported engagements on critical ESG topics including alternative proteins, antibiotic stewardship, biodiversity conservation, climate risks, and labour and social risk. FAIRR is a founding member of the Investor Action on AMR initiative, promoting investor collaboration to address antimicrobial resistance in the food and agriculture sectors.[35][36]

Awards

[edit]

In 2024, FAIRR received several awards recognising its contribution to sustainable investment and ESG advocacy, including:

  • Bloomberg Green ESG 50 “Most to Watch” List (China) – Winner: Driving Innovation.[37]
  • City AM Dragon Awards 2024 – Winner: Investor Action on AMR.[38]
  • Acquisition International Global Excellence Awards – Winner: Most Outstanding Initiative on Animal Agriculture (2023).[39]

FAIRR has also received other industry awards and recognitions in previous years.[40]

References

[edit]
  1. ^ Grene, Sophia (10 April 2016). "Private equity executive fights antibiotic risks in farming". Financial Times. Retrieved 2025-04-18.
  2. ^ "Food brands and investors scramble to stave off risk of stranded assets". Reuters. August 22, 2024.
  3. ^ Hall, Chris (2023-12-11). "COP28 Could Yield Fresh Start for Food Systems". ESG Investor. Retrieved 2025-04-10.
  4. ^ "Livestock Emissions Are Rising. That's Bad For The Climate". TIME. 2023-11-07. Retrieved 2025-04-10.
  5. ^ Wardle, Rosie (2018), "The power of investor influence", Farming, Food and Nature, Routledge, pp. 257–261, doi:10.4324/9781351011013-33, ISBN 978-1-351-01101-3, retrieved 2025-04-10
  6. ^ Thambi, S.; Chandrasekharan, T.; Chiu, C.; Susanto, E.; Palazzo, A.; Frank, S.; Havlik, P. (2023-03-28). "The Financial Impact of Climate Change on the Livestock Sector. New Insights For Investors and Policymakers". pure.iiasa.ac.at. Retrieved 2025-04-10.
  7. ^ Robinson, Melia. "Investors worth trillions are putting pressure on food companies to serve more fake meat". Business Insider. Retrieved 2025-04-18.
  8. ^ Coyne, Andy (2023-02-15). "Meat industry actions contributing to labour shortages, FAIRR report claims". Just Food. Retrieved 2025-04-10.
  9. ^ McCarthy, Susan (2023-02-27). "New Investor Collaboration Will Engage the Seafood Sector on Key Nature Risks and Impacts". worldwildlife.org. Retrieved 2025-04-10.
  10. ^ "Alternative proteins framework launched by GFI and FAIRR to deliver ESG impacts". foodingredientsfirst.com. Retrieved 2025-04-10.
  11. ^ "Eat Less Meat Is Message for Rich World in Food's First Net Zero Plan". Bloomberg.com. 2023-11-26. Retrieved 2025-04-10.
  12. ^ Citi Global Insights (2023-12-13). FAIRR: The Protein Problem (PDF) (Report). Citi Research. Retrieved 2025-03-18.
  13. ^ Mridul, Anay (2023-11-07). "Top 20 Meat & Dairy Producers See 3% Increase in GHG Emissions As Climate Crisis Worsens". Green Queen. Retrieved 2025-04-10.
  14. ^ Martindale, Will (2024-01-06). Responsible Investment: An Insider's Account of What's Working, What's Not and Where Next. Springer Nature. ISBN 978-3-031-44536-1.
  15. ^ Levitt, Tom (2016-03-03). "Factory farming divestment: what you need to know". The Guardian. ISSN 0261-3077. Retrieved 2025-04-18.
  16. ^ "FAIRR and GFI Launch New ESG Reporting Tool for Alt Protein Industry - vegconomist - the vegan business magazine". 2022-09-08. Retrieved 2025-04-10.
  17. ^ Mathieu, Henry (2023-03-31). "Climate risks to cause operating losses for major livestock groups, FAIRR reports". Just Food. Retrieved 2025-04-10.
  18. ^ Staff2024-03-21T09:00:00+00:00, I. P. E. "People moves: Royal Mail Pensions Trustees chief joins Cartwright". IPE. Retrieved 2025-04-11.{{cite web}}: CS1 maint: numeric names: authors list (link)
  19. ^ "Groove Armada's Andy Cato Champions UK Regenerative Farming". Bloomberg. October 27, 2024.
  20. ^ Mathieu, Henry (2023-03-31). "Climate risks to cause operating losses for major livestock groups, FAIRR reports". Just Food. Retrieved 2025-04-10.
  21. ^ Mathieu, Henry (2023-03-31). "Climate risks to cause operating losses for major livestock groups, FAIRR reports". Just Food. Retrieved 2025-04-10.
  22. ^ Turner, Natasha (2023-05-23). "Fairr targets fast food giants with AMR engagement". ESG Clarity. Retrieved 2025-04-10.
  23. ^ Buallay, Amina (2021-01-01). "Sustainability reporting and agriculture industries' performance: worldwide evidence". Journal of Agribusiness in Developing and Emerging Economies. 12 (5): 769–790. doi:10.1108/JADEE-10-2020-0247. ISSN 2044-0839.
  24. ^ a b "Eat Less Meat Is Message for Rich World in Food's First Net Zero Plan". Bloomberg.com. Archived from the original on 2025-01-15. Retrieved 2025-04-10.
  25. ^ de Sousa, Agnieszka (7 November 2023). "Rising Livestock Emissions Undermine World's Climate Fight". Bloomberg News.
  26. ^ Mridul, Anay (2023-11-07). "Top 20 Meat & Dairy Producers See 3% Increase in GHG Emissions As Climate Crisis Worsens". Green Queen. Retrieved 2025-04-10.
  27. ^ "Salmon farmers top sustainable food producers' list". The Fish Site. 2023-11-10. Retrieved 2025-04-10.
  28. ^ team, Editorial (2023-11-08). "Salmon farmers dominate protein sustainability index". www.fishfarmingexpert.com. Retrieved 2025-04-10.
  29. ^ "Responsible Investing: Feeding the growth of sustainable farming". The Edge Malaysia. Retrieved 2025-04-18.
  30. ^ "About Launch of Coller FAIRR Climate Risk Tool 3.0 | PRI". collaborate.unpri.org. 2023-04-11. Retrieved 2025-04-10.
  31. ^ "Supply Chain Traceability Gaps Leave Global Seafood Giants at Risk Amid Mounting Investor Attention". AP News. 2024-12-04. Retrieved 2025-04-10.
  32. ^ "ESG - The FAIRR Initiative". Equiniti. 2023-12-06. Retrieved 2025-04-10.
  33. ^ Mathieu, Henry (2023-03-31). "Climate risks to cause operating losses for major livestock groups, FAIRR reports". Just Food. Retrieved 2025-04-10.
  34. ^ "The Coller FAIRR Climate Risk Tool". PRI. 2020-11-01. Retrieved 2025-04-10.
  35. ^ "Investor Action on Antimicrobial Resistance". amrinvestoraction.org. Retrieved 2025-04-10.
  36. ^ Turner, Natasha (2023-05-23). "Fairr targets fast food giants with AMR engagement". ESG Clarity. Retrieved 2025-04-10.
  37. ^ "《商业周刊》彭博绿金ESG中国2025最值得关注榜单正式发布". Weixin Official Accounts Platform. Retrieved 2025-04-10.
  38. ^ "City AM Dragon Awards 2024". City AM. Retrieved 2025-04-10.
  39. ^ "Global Excellence Awards - Winners List (2023)". Acquisition International. Retrieved 2025-04-10.
  40. ^ Yoshida, Kaori; Temple-West, Patrick (2024-12-16). "How opaque seafood supply chains could threaten up to $3tn". Financial Times. Retrieved 2025-03-18.
[edit]

Official website

Retrieved from "https://en.wikipedia.org/w/index.php?title=FAIRR&oldid=1292129764"