This briefing sets out the case for greater investor scrutiny of the factory farming sector. After providing an overview of the rapid industrialisation of livestock production, the briefing explores the wide-ranging and often interconnected web of Environmental, Social and Governance (ESG) risks the industry faces; offering specific recommendations to advance with investee companies.

These findings draw upon research commissioned by Farm Animal Investment Risk and Return (FAIRR). Key themes for investor engagement include:

• Close-confinement of animals
• Climate change
• Routine use of non-therapeutic antibiotics
• Land rights in supply chains