FAIRR’s top news picks
FAIRR Initiative-Led Investor Group Tackle Antibiotics in the QSR Sector
The Wall Street Journal | 11 July 2023
Antimicrobial resistance already causes more than 1 million deaths per year and, if left unmitigated, may be responsible for 10 million annual deaths and an estimated 3.8% global GDP decline by 2050. This year, FAIRR launched Restaurant Antibiotics Engagement, which is aimed at facilitating communication between investors and quick-service restaurants to improve disclosure around how companies are mitigating antimicrobial resistance risk in their animal protein supply chains.
US Department of Agriculture to Invest $300 Million in Monitoring Agricultural Emissions
The Washington Post | 12 July 2023
US Department of Agriculture allocated $300 million to improve the measurement of greenhouse gas emissions by the agriculture and forestry sectors. The investment will go towards monitoring carbon levels in soil and expanding data management capacity. To reduce emissions, farmers can implement practices like no-till agriculture or planting cover crops. FAIRR's recent insight explores regenerative agriculture as another strategy to reduce greenhouse gas emissions and improve soil health and resilience to climate change.
World’s Top Meat Packer JBS Seeks Long-Awaited NYC Listing
Bloomberg | 12 July 2023
JBS, the world’s largest meatpacker, submitted a registration request to the US Securities and Exchange Commission as it aims to list its shares on the New York Stock Exchange. The company hopes to access a larger pool of institutional investors and strengthen its corporate governance standards. Bloomberg experts highlight that JBS will be subject to scrutiny from the US government on the company's environmental footprint and its environmentally sensitive assets in the Amazon region.
Graph of the Week
Source: Bloomberg
More Food for Thought
EU Passes Nature Restoration Law in Knife-Edge Vote | Ajit Niranjan | The Guardian
FAIRR’s Protein Pulse is a weekly collection of news articles related to the food sector that may be of interest to our members. FAIRR does not necessarily endorse the views of these news articles and assumes no responsibility for any errors or inaccuracies found in third-party content.
