Member AUM
$75 trillion
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Collaborative Engagements

Working with investors and companies to identify material risks and opportunities

Engagement Overview

What are collaborative engagements?

Engagement refers to the process undertaken by an institutional investor, or a group of institutional investors, to achieve a desired change in company disclosures, strategies or practices.

Investors with exposure to a company in their portfolio via shares, bonds, debt or other financial instruments use their ownership of the company or its capital as leverage, to enter a process of dialogue and evaluation. Collaborative investor engagements, such as those typically run by FAIRR, enable investors to join a larger group of institutions to amplify their impact and accelerate change. Investors may enter into a collaborative engagement for the following reasons:

  1. Individual investors may have limited influence due to the size of their holdings.

  2. The greater the aggregate support for an issue – in number of investors and AUM – the stronger the signal it sends to both target companies and the wider market.

  3. Knowledge building. Investors may not have the knowledge to launch their own engagement and want to learn from experts or other investors.

  4. FAIRR operates engagements on behalf of its investor members, functioning as an outsourced stewardship or engagement team for investors who typically have limited capacity to engage many companies in their portfolio. The FAIRR team coordinates the process, creates all documents and conducts all research and evaluation required. Investors can further learn from each other and FAIRR expertise during the course of an engagement.

Engagement-overview

How do engagements work?

FAIRR is responsible for coordinating engagements that are supported by our investor members. All our engagements have clear objectives underpinned by assessment frameworks informed by leading academics and industry experts, investors and corporates. These are used to measure and report on company progress.

The engagement process is structured around 4 fundamental actions:

  1. Formal notification of companies via an engagement letter signed by supporting investors;

  2. Formal dialogue with companies in meetings held with small group of investor representing the broader coalition;

  3. Measuring company progress based on primary (company response to letter and meetings) and secondary (public disclosure including company websites, media, reports) data;

  4. Reporting on progress against the engagement objective.

Engagements Cycle

Latest Activity

Research
Report Launch: Seafood Traceability Phase 1 Report
Research
Report Launch: Protein Diversification Phase 1 Progress Report
Research
Report Launch: Waste and Pollution Phase 2 Report
Research
Report Launch: From Farms to Forks: Antibiotic Stewardship
Engagement
Sign-on Open: Sustainable Aquaculture Engagement Phase 3
News & Events
New Insight: Protein Diversification: A Tool to Address Climate, Nature, and Public Health Risks'
Research
New Report: Working Conditions Engagement Progress Update 2023/24
Engagement
Engagement Launch: Protein Diversification Engagement
Engagement
Report Launch: Waste & Pollution Engagement
Event
Biodiversity Webinar recording is now available
Engagement
Report Launch: Antimicrobial Resistance & Antibiotic Stewardship in the Animal Pharmaceutical Industry
Research

Report Launch: Seafood Traceability Phase 1 Report

The Seafood Traceability Phase 1 Progress Report highlights the need for full-chain, digital and interoperable traceability in today’s complex and global supply chains. In the first year of this engagement, delivered in partnership with WWF US, Planet Tracker, the World Benchmarking Alliance and UNEP FI, we have assessed seven of the largest seafood producers on their traceability efforts.

View Report
Research

Report Launch: Protein Diversification Phase 1 Progress Report

Explore the latest report, which assesses how 20 of the largest food retailers and manufacturers are diversifying their protein portfolios as a means to reduce the material risks associated with animal protein production and seize new market opportunities.

View Report
Research

Report Launch: Waste and Pollution Phase 2 Report

Explore the latest report, which focuses on the progress made by companies in the second phase of this engagement, as well as areas where there remain significant gaps with leading practices.

View Report
Research

Report Launch: From Farms to Forks: Antibiotic Stewardship

In May 2023, FAIRR launched two engagements; Animal Pharmaceuticals (Phase 2) and Restaurant Antibiotics (Phase 1). The engagements aim to improve transparency around how companies operating at different stages of the protein value chain are working to ensure responsible antibiotic use at the farm level.   

The report highlights key findings, provides company-specific examples, and explains how companies could improve disclosure to demonstrate that they are addressing the systemic risk of AMR. 

View Report
Engagement

Sign-on Open: Sustainable Aquaculture Engagement Phase 3

FAIRR is pleased to launch the third phase of its Sustainable Aquaculture engagement, taking a deep dive on biodiversity risks in farmed salmon feed sourcing. The salmon industry’s reliance on wild-caught fish and a lack of feed traceability are key issues of concern. Therefore, this engagement aims to push large salmon producers to conduct meaningful risk assessments in line with the TNFD, as well as to adopt a timely target and associated strategy to reduce their exposure to forage fish used in their feed.

Sign-on
News & Events

New Insight: Protein Diversification: A Tool to Address Climate, Nature, and Public Health Risks'

The overconsumption of animal protein in Western geographies is leading to adverse impacts on climate, nature, and human health. FAIRR’s new insight piece explores how transitioning to the consumption of plant-based proteins can address these three impacts.

View Insight
Research

New Report: Working Conditions Engagement Progress Update 2023/24

FAIRR’s third progress update on the Working Conditions engagement provides in-depth analysis on the performance of six global meat producers across a range of material labour risk factors and explores key industry trends. The engagement focuses on raising worker voice in corporate structures through three key themes: health and safety, fair working conditions, and worker representation. 

View Report
Engagement

Engagement Launch: Protein Diversification Engagement

Following six successful years of engaging companies on the need to diversify their protein portfolio, FAIRR has closed its Sustainable Proteins engagement. Building on key learnings, integrating the latest scientific guidance, and acknowledging market changes, FAIRR is pleased to launch its Protein Diversification engagement with 20 global food manufacturers and retailers.

View Protein Diversification Engagement
Engagement

Report Launch: Waste & Pollution Engagement

In September 2022, FAIRR launched a first-of-its-kind collaborative investor engagement aiming to drive ten global pork and poultry producers to conduct meaningful risk assessments around their management of manure and animal waste and to put in place action plans that reduce their impact on biodiversity. The Phase 1 Progress Report discusses how these companies assess the risks driven by the pollution across their value chains and also offers investors best practice examples. The report includes suggestions for follow-up engagement questions, a discussion of the potential opportunities of nutrient circularity, as well as granular data on the performance of companies against the assessment framework.

View Report
Event

Biodiversity Webinar recording is now available

This webinar explored the key takeaways from the first dialogues of our biodiversity, Waste & Pollution Collaborative Engagement. It also offered members a preview of FAIRR's upcoming work on regenerative agriculture and biodiversity-wide scenario analysis.

View Webinar
Engagement

Report Launch: Antimicrobial Resistance & Antibiotic Stewardship in the Animal Pharmaceutical Industry

In May 2022, FAIRR launched a collaborative investor engagement focused on 7 global publicly-listed animal pharmaceutical companies and is supported by 65 investors representing over $17 trillion in combined assets. The aim is to drive greater disclosure and clarity over how – and if – animal pharmaceutical companies are addressing the risk of AMR throughout their value chains, from factory to farm.

To view the progress achieved in the last year, download our latest report which discusses company efforts across manufacturing, labelling, marketing and sales practices.

View Report

Current Engagements

Animal Pharmaceuticals Engagement

This engagement tackles the lack of transparency from animal pharmaceutical companies over how they manufacture, market, and sell antibiotics – practices that could contribute to AMR hotspots in the environment and drive high levels of antibiotic use.

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Project-Animal Pharma

Protein Diversification Engagement

This engagement assesses 20 global food retailers and manufacturers to Integrate protein diversification into climate transition plans

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Project-Protein-diversification

Restaurant Antibiotics Engagement

This engagement addresses the quick-service restaurant sector on the need to improve antibiotic stewardship practices.

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Project-RAB

Seafood Traceability Engagement

Full-chain traceability is key to addressing ESG risks and unlocking opportunities in global seafood supply chains

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Project-Seafood Traceability

Sustainable Aquaculture Engagement

Climate and Biodiversity Risk in the Farmed Salmon Industry

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Project-Sustainable Aquaculture

Waste & Pollution Engagement

Mismanagement of Manure Drives Pollution and Biodiversity Risk

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Project-Waste & pollution

Working Conditions Engagement

Unpacking Labour Risk in Global Meat Supply Chains

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Project-Working Conditions

Previous Engagements

Antibiotics Stewardship Engagement

Overuse of Antibiotics in Protein Supply Chains

Project-Antibiotics Stewardship

Meat Sourcing Engagement

Engaging six of the world’s biggest quick-service restaurant brands

Project-Meat Sourcing

Sustainable Proteins Engagement

Assessing 23 global food retailers and manufacturers to build climate-aligned protein portfolios

Project-Sustainable Proteins

Signatory Terms of Reference

Our Collaborative Engagement Terms of Reference applies to all investor signatories involved in our collaborative engagements established and coordinated by the FAIRR Initiative (‘FAIRR’). All FAIRR members can join FAIRR-coordinated collaborative engagements. View our Terms of Reference for FAIRR Collaborative Engagements below.

Engagements Terms of Reference
Engagement - Terms of reference

How investors use our work

Case Study
Multiple ESG Topics

Robeco

Case Study
Multiple ESG Topics

Legal & General Investment Management

Case Study
Multiple ESG Topics

Value Partners Group