Still too little attention for animal welfare amongst Dutch pension funds and insurers
New research by the Dutch Fair Finance Guide (Eerlijke Geldwijzer) reveals that Dutch pension funds and insurance firms Allianz, ABP, PfZW, and PME collectively invest $453 million in meat companies linked to serious animal welfare violations.
None of the parties score higher than three out of ten points on animal welfare policies and their implementation.
The research analyzed the investments of pension funds and insurers in international meat giants such as Tyson Foods, WH Group, and JBS, whose parent company is based in Amstelveen. Allianz stands out as a major investor: the German insurer accounts for $321 million of the total amount.
These companies frequently face criticism for animal welfare violations while the research also shows that none of the four institutions report systematically on animal welfare, and robust monitoring is lacking.
