is a bad investment.
Risks are under-reported and under-valued.
Glossary of fiscal risks
in factory farming.
Other fiscal risks include: Stranded assets, human epidemics, food poisonings, human rights scandals, waste regulation, competition for resources, shrinking labor pool, carbon taxation, climate change, transition risks, resource scarcity, poor working conditions, community health class action lawsuits, loss of social license to operate, social backlash, stock reclassification, changing consumer opinions and behavior, barn fires, weak corporate oversight mechanisms, sustainability disclosures, corporate governance issues, soil degradation. There are many other risks and the above is only a partial list. Industrialized animal agriculture is a very complex and risk prone industry. Consumer, market, regulatory, and environmental trends are steadily increasing the risks faced by factory farming operations and investors.
- 1 “75 percent of all emerging infectious diseases are zoonotic...Most human infections with zoonoses come from livestock” - Live Science. https://www.livescience.com/21426-global-zoonoses-diseases-hotspots.html
2 The outbreak strain of Salmonella Infantis is present in live chickens and in many types of raw chicken products, indicating it might be widespread in the chicken industry” - Center for Disease Control, Feb 2019. https://www.cdc.gov/salmonella/infantis-10-18/index.html
3 There have been reports of forced labor in the Southeast Asian fishing industry, Human RIghts Watch, June 2019. https://www.hrw.org/news/2018/07/15/thailand-labor-abuses-persist-fishing-fleets
4 Mountaire Chicken Farms “is facing several lawsuits related to violations of its state-issued waste disposal permits. Two separate law firms are pursuing state- and federal-level cases against the company, alleging that violations found by state officials could have harmed the health and drinking water quality of neighbors." Deleware Online, Feb 2019. https://www.delawareonline.com/story/news/local/2019/02/13/delaware-chicken-plant-facing-lawsuits-spills-wastewater/2864817002/)