As is obvious in our name, we consider the welfare of animals in our ethical investment screening.
One of these considerations is to avoid investment in activities considered to be intensive agriculture. That is, the farming of animals in close, confined conditions.
Farming in such a way is cruel to the animals, and leads to other welfare risks (for both animals and humans) through high antibiotic use, effluent waste and environmental degradation.
We rely on resources such as those developed by RSPCA and Animals Australia, as well as dedicated ethical research groups like CAER and Ethical Consumer Guide, in helping us to assess whether companies have exposure to intensive agriculture. We also assess the company's own disclosures through their regulated reporting.