ESG News For FAIRR Initiative
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Recap of CSR stories on Business Wire
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Despite clear progress, $18 trillion investor engagement warns more must be done by major food firms on sustainable protein transition to combat climate risks in the food system.Canadian dairy giant Saputo, Amazon (Whole Foods), Costco and Kraft Heinz are among the poorest performers on the FAIRR list.72% of examined firms have yet to adopt formal protein diversification targets.As more companies are acting to enhance their dairy sourcing, Loblaw is the only company among the 25 food retailers and manufacturers analyzed in FAIRR’s most recent report with high exposure to dairy and without a specific sustainable sourcing commitment, policy or program.Investor interest in animal protein alternatives soars as support for FAIRR’s sustainable proteins engagement with leading food companies grows by 1,300% since it launched in 2016.
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