FutureofFood: The world’s meat industry must adapt to climate change and growing demand for plant-based alternatives or face 'ruin,' according to a group of investors
LONDON - The world’s meat industry must adapt to the challenges posed by climate change and growing demand for plant-based alternatives or face ruin, according to a group of investors managing $20 trillion in assets.
As a leading contributor to global carbon emissions, through deforestation and the methane produced by livestock, the meat sector faced a particularly acute risk, but has yet to act in a meaningful way, the FAIRR Initiative investor group said. Of 43 listed meat companies assessed, only two had publicly disclosed a climate-related scenario analysis, FAIRR said.
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