Animal welfare stirs shareholders
Chickens crammed into cages and pigs stuck in cubicles have been included in shareholder meetings at agribusiness giants. Animal welfare activists are buying shares in these companies in the United States to try to curb the cruel practices in animal farming.
The results so far are leading to an expansion of the strategy outside the US, and Brazil may be a new target for activist-shareholders. Earlier this year, The Humane Society bought shares in Arc Dorados, the largest McDonald's franchisor in Latin America, to influence the fast food chain in Brazil and Argentina.
Information provided by Valor Economico