ESG & Investing
Animal Welfare Is on More Proxy Ballots Two Years After Icahn’s Fight
A record number of resolutions have been filed as investors’ concern about animal treatment grows.
The Humane Society has filed 10 animal-welfare shareholder proposals with several companies, some of which are related to gestation crates.
Photographer: Damien Meyer/AFP/Getty ImagesThis article is for subscribers only.
Animal welfare is making records this proxy season.
So far more than 40 shareholder resolutions have been or are planning to be filed to address animal safety at companies, including Wendy’s Co., Kraft Heinz Co. and Maple Leaf Foods Inc., according to the Sustainable Investments Institute, the Humane Society of the US and the Accountability Board. This is more than double the number of similar proposals filed last year and shows how the treatment of animals is becoming a growing concern for investors.