Today, FMO published its Animal Welfare Position Statement as part of its universe of Sustainability Policy documents. The publication of the Position Statement follows a consultation process with FMO’s stakeholder community – including the Dutch government, several NGOs and peer financial institutions.
Hans Bogaard, acting director of the Agribusiness, Food and Water Department at FMO, commented: “I am very pleased with this new position statement – which is a clear commitment to animal welfare. Even though FMO has a limited number of livestock investments in its portfolio, it is important to consider animal welfare whenever it is a material risk dimension.”
With this new Position Statement, FMO subscribes to international animal welfare standards and commits to not invest in a number of animal husbandry systems and practices that are widely regarded as animal-unfriendly. The Position Statement outlines how FMO will approach animal welfare:
