2017-25 Animal Welfare and Livestock Production

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2017-25 Animal Welfare and Livestock Production Mapping farm animal welfare risks Case study on investments by Dutch pension funds in high risk companies in the chicken and pig meat value chain Fair Pension Label The Fair Pension Label is a coalition of the following organizations: Amnesty International, Milieudefensie, Oxfam Novib, PAX and World Animal Protection 29 August 2019 Research by: Kanchan Mishra and Ward Warmerdam (Profundo) Dirk Jan Verdonk, PhD (World Animal Protection) Page | 1 About this report This report has been commissioned by the Fair Pension Fund Label (Eerlijke Pensioen Label) which is a coalition of the following organisations: Amnesty International, Milieudefensie, Oxfam Novib, PAX, and World Animal Protection. The aim of the Fair Pension Label is to encourage the top ten largest pension funds in the Netherlands (based on the number of participants) to invest responsibly and encourage investee companies to conduct businesses responsibly using their financial leverage. This report, initiated by World Animal Protection, examines the financial relationships between chicken and pig meat producing and processing companies, retailers and restaurants and pension funds active in the Dutch market and calls upon pension funds to uphold certain minimum requirement for animal welfare in this industrial sector. About Profundo With profound research and advice, Profundo aims to make a practical contribution to a sustainable world and social justice. Quality comes first, aiming at the needs of our clients. Thematically we focus on commodity chains, the financial sector and corporate social responsibility. More information on Profundo can be found at www.profundo.nl. Authorship This report was researched and written by Kanchan Mishra (Profundo), Ward Warmerdam (Profundo), and Dirk Jan Verdonk (World Animal Protection). Correct citation of this document: Mishra, K., W. Warmerdam and D.J. Verdonk (2019), Mapping farm animal welfare risks - Case study on investments by Dutch pension funds in high risk companies in the chicken and pig meat value chain, Amsterdam, The Netherlands: Profundo. Disclaimer Profundo observes the greatest possible care in using information and drafting publications but cannot guarantee that this report is complete and assumes no responsibility for errors in the sources used. The report is provided for informational purposes and is not to be read as providing endorsements, representations or warranties of any kind whatsoever. Opinions and information provided are made as of the date of the report issue and are subject to change without notice. Profundo will not accept any liability for damage arising from the use of this publication. Page | 2 Table of contents Samenvatting............. ................................................................................. 5 Summary……………… ..................................................................................... 8 Introduction………. ..................................................................................... 10 Chapter 1 Animal welfare and industrial livestock production ....... 12 1.1 Animal welfare in industrial livestock production .................................................. 12 1.2 Animal welfare in industrial broiler farming ............................................................. 14 1.2.1 Chicken sentience ............................................................................................................... 14 1.2.2 Welfare violations ............................................................................................................... 14 1.2.3 Mitigation measures .......................................................................................................... 15 1.3 Animal welfare in industrial pig farming .................................................................... 16 1.3.1 Pig sentience ......................................................................................................................... 16 1.3.2 Welfare violations ............................................................................................................... 16 1.3.3 Mitigation measures .......................................................................................................... 18 Chapter 2 Financial relationships ........................................................ 19 2.1 General findings .................................................................................................................. 19 2.2 Algemeen Burgerlijk Pensioenfonds (ABP)................................................................ 26 2.2.1 Profile ....................................................................................................................................... 26 2.2.2 Financial relationships ....................................................................................................... 27 2.3 Bedrijfstakpensioenfonds voor de Bouwnijverheid (BpfBOUW) ....................... 28 2.3.1 Profile ....................................................................................................................................... 28 2.3.2 Financial relationships ....................................................................................................... 29 2.4 BPL Pensioen ......................................................................................................................... 31 2.4.1 Profile ....................................................................................................................................... 31 2.4.2 Financial relationships ....................................................................................................... 32 2.5 Pensioenfonds Detailhandel ........................................................................................... 33 2.5.1 Profile ....................................................................................................................................... 33 2.5.2 Financial relationships ....................................................................................................... 34 2.6 Pensioenfonds Horeca & Catering (PH&C) ............................................................... 34 2.6.1 Profile ....................................................................................................................................... 34 2.6.2 Financial relationships ....................................................................................................... 36 2.7 Pensioenfonds Vervoer ..................................................................................................... 37 2.7.1 Profile ....................................................................................................................................... 37 2.7.2 Financial relationships ....................................................................................................... 38 2.8 Pensioenfonds Zorg en Welzijn (PFZW) ..................................................................... 39 2.8.1 Profile ....................................................................................................................................... 39 Page | 3 2.8.2 Financial relationships ....................................................................................................... 40 2.9 Pensioenfonds van de Metalektro (PME) ................................................................... 41 2.9.1 Profile ....................................................................................................................................... 41 2.9.2 Financial relationships ....................................................................................................... 42 2.10 Pensioenfonds Metaal en Techniek (PMT) ................................................................ 44 2.10.1 Profile ....................................................................................................................................... 44 2.10.2 Financial relationships ....................................................................................................... 45 2.11 Stichting Pensioenfonds voor Personeelsdiensten (StiPP) .................................. 46 2.11.1 Profile ....................................................................................................................................... 46 2.11.2 Financial relationships ....................................................................................................... 47 Chapter 3 Analysis of international standards and initiatives on farm animal welfare ..................................................................... 49 3.1 Legislation .............................................................................................................................. 50 3.2 Multilateral instruments ................................................................................................... 52 3.2.1 OIE standards........................................................................................................................ 52 3.2.2 OECD guidance .................................................................................................................... 52 3.3 Voluntary standards ........................................................................................................... 53 3.3.1 Beter Leven (Better Life) ................................................................................................... 54 3.3.2 New Standard Chicken .....................................................................................................
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