Protein Producer Index 2019
Asian companies have been poor at dealing with the risks of such growth -- greenhouse gas emissions, deforestation, water scarcity and more says the FAIRR Protein Producer Index 2019 released today. These are Asian meat, fish and dairy producers with a combined market capitalization of $190 billion. They represent 26% of the Asian protein market.
Companies supplying meat and dairy to some of the world's biggest food firms, including Nestle, McDonalds and Walmart, are failing to act in line with their key clients' environmental ambitions. That is the key conclusion of the FAIRR’s updated Protein Producer Index, which maps the sustainability initiatives of 60 of the largest publicly listed animal protein producers globally. This group of suppliers represents a global market capacity of $324bn, according to FAIRR. Taking into account metrics across the fields of greenhouse gas (GHG) emissions, deforestation, water stewardship, antibiotic use, animal welfare, worker safety and investment in plant-based proteins, the Index gives each supplier an overall ranking of “high-risk”, “medium-risk”, “low-risk” or “best practice”.