Jeremy Coller Foundation

JCF

The Jeremy Coller Foundation (JCF) is a strategic grant-making organisation, focused on two primary programme areas: creating sustainable food systems and improving venture and management education.

Lobbying Activity

Meeting with Polyvios Eliofotou (Cabinet of Commissioner Costas Kadis)

5 Feb 2025 · Courtesy meeting and exchanged ideas on support needs of the fisheries and aquaculture sectors

Meeting with Kyriacos Charalambous (Cabinet of Commissioner Johannes Hahn)

15 Nov 2023 · Introductory meeting during which FAIRR (part of the Jeremy Coller Foundation) presented their mission statement and objectives

Response to Initiative on EU taxonomy - environmental objective

3 May 2023

We are responding as FAIRR the $70 trillion investor network on ESG risks and opportunities in the global food system. We would like to respond with some points from our investor letter on the EU taxonomy, dated October 2021 and the press release dated November 2021. Whilst agriculture is not included in the scope of this consultation, FAIRR would like to emphasise that the eventual criteria for agriculture must follow up similar science-based framework to ensure that harmful or emissions intensive practices are not inadvertently categorised as sustainable. This will ensure the robustness of the EU Taxonomy. The EU Taxonomy screening criteria must limit global warming to 1.5°C and be aligned with the Paris Agreement. It will be important to have robust and science-based criteria for the agricultural sector, as food production is responsible for a quarter of all greenhouse gas (GHG) emissions, with intensively reared livestock having extensive adverse impacts on emissions, biodiversity, and water use, as well as antimicrobial resistance. The EU Taxonomy should also consider the importance of organic and agro-ecological farming methods. In particular, the Do no significant harm (DNSH) criteria must consider antibiotics and animal welfare. Currently, antibiotics and animal welfare risks are not part of the scope of do no significant harm (DNSH) criteria. These risks need to be considered. The EU Technical Expert Group (TEG) noted that animal welfare and antibiotic use did not fall under the environmental goals prioritised at the time, however the TEG recommended to the Platform that criteria addressing animal welfare and health are integrated at the earliest possible date.
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Meeting with Lukas Visek (Cabinet of Executive Vice-President Frans Timmermans)

28 Mar 2023 · Investment opportunities to sustainable food systems

Response to Ban on the use of certain antimicrobials in animals and products of animal origin imported to the Union

22 Dec 2022

On behalf of the FAIRR Initiative, the $70 trillion (66 trillion) investor network focused on ESG risks and opportunities in the global food system, we are delighted to respond to this proposed Commission Delegated Regulation. We would like to thank the European Commission for its efforts via this proposed Delegated Act and via Regulation (EU) 2019/6 to reduce the misuse and overuse of antibiotics by the animal protein sector globally. As antimicrobial resistance (AMR) knows no boundaries and contributes to millions of deaths a year, EU leadership on this issue is a much-needed intervention in bringing a major future global health and economic crisis under control. This regulation highlights the importance of food and trade being in alignment, especially as the EU has put forward the ambitious Green Deal and Farm to Fork strategies. FAIRRs research covers the global food system, addressing key ESG risks like antibiotic use, and greenhouse gas emissions from the sector. Animal agriculture is the largest user of antibiotics in the world and may account for as much as 70% of all antimicrobial usage , making it a high-risk industry for the development of AMR, which is a global public health issue and a material, financial risk for investors. FAIRR is also a founding member of the Investor Action on AMR initiative (IAoAMR), which galvanises investor efforts to address global AMR. If the global community fails to appropriately consider the full scope of AMR beyond impacts on human health, it will mean we underestimate the risks that AMR poses to animal health and the financial security of livestock workers and the animal agriculture industry. AMR not only poses a risk to human life, animal life and health systems, but it also poses a systemic risk to economic stability, global investment portfolios, and to broader society, which has been recognised by G7 Finance Ministers as a silent pandemic . It affects everyone indiscriminately. FAIRR supports the robust implementation of the Regulation (EU) 2019/6, via the draft Delegated Act, via Commission decisions on the standards to which establishments in third countries will be held and on measures used to ensure compliance. FAIRR recognises that, if supported properly by this Delegated Act and the subsequent implementing Act, this new regulation has a great potential to shift the current dire trajectory on AMR. FAIRR recognises that these regulations have huge potential to help reduce the suffering of animals and people, reduce environmental damage, preserve antibiotics, save the lives of millions of people, whilst at the same time reducing healthcare costs, and addressing the financial instability that a potential 3.8% reduction in annual GDP by 2050 would have. Little of the much needed One Health benefit of banning the use of antibiotics as growth promoters is realized in countries in which the continued heavy use of antibiotics for this purpose is the norm. The EU's ban on growth promotion in 2006 was not, on its own, what brought about serious reduction in the practice and serious reduction in antibiotic use. There were other measures including rules about labelling on antibiotics and the development of national action plans on combatting AMR which, taken together, have had the desired impact. Third countries should match these requirements and/or be able to demonstrate a comparable level of effectiveness to be placed on the List of Approved Countries. FAIRR encourages the Commission to set deadlines for the adoption of the two remaining implementing acts with short and reasonable deadlines. Overall, we applaud the EUs efforts and implementation of these proposed regulations to address the systemic risks of AMR on a global level, encourage continued strong resolve in implementation as was shown in the enactment of Regulation (EU) 2019/6, and look forward to further future collaboration.
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Meeting with Lukas Visek (Cabinet of Executive Vice-President Frans Timmermans)

20 Apr 2021 · Sustainable food systems