NN Group joins BBFAW Global Investor Collaboration on Farm Animal Welfare

NN Group joins BBFAW Global Investor Collaboration on Farm Animal Welfare

February 26, 2024

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NN Group has become a member of the BBFAW Global Investor Collaboration on Farm Animal Welfare. As a signatory to the Collaboration, NN Group 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 32 institutional investors1 representing £1.9 trillion in assets under management.

Nathalie van Toren, Manager Responsible Investment, commented: 'NN Group believes it is important to establish guidelines to protect and promote animal welfare in the various production sectors and value chains. We believe there can be material financial implications for companies that do not respect animal welfare, for example in the case of overcrowding with the risk of injury, diseases and mortality. Animal welfare also plays a role in managing reputational risks and in accountability towards consumers, and it can establish opportunities for better product quality and innovation, and market access.'

Nicky Amos, BBFAW, commented: 'We are delighted that NN Group is lending its support to the Global Investor Collaboration on Farm Animal Welfare. NN Group’s presence in several countries increases the Collaboration’s geographic reach and strengthens its aim to harness the collective efforts of companies and their investors to substantially improve farm animal welfare standards globally.'

1 The participants are: Aberdeen Standard Investments, AMP Capital Ethical Leaders Fund, Australian Ethical Investment, Aviva Investors, Bâtirente, BNP Paribas Asset Management, Boston Trust Walden, Brunel Pension Partnership, Candriam, Cardano, Castlefield, Investment Partners LLP, CCLA, Central Finance Board of the Methodist Church, Coller Capital, EdenTree Investment Management, Epworth Investment Management, Ethical Partners Funds Management, Greenbank, Karner Blue Capital, KBI Global Investors, Länsförsäkringar Fondförvaltning AB, NEI Investments, OpenInvest, Robeco, RRSE, Simplicity, Sonen Capital, The Sustainability Group of Loring, Wolcott & Coolidge Trust, LLC, Trillium Asset Management, Triodos Investment Management, Vaudoise Assurances Holding SA.

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