LD Pensions in talks with food giant on environmental considerations

LD Pensions has joined Nature Action 100. Together with a group of international investors, we have recently been in dialogue with the food giant Kraft Heinz regarding the company’s agricultural practices, water consumption and reliance on natural resources.

In 2024, LD Pensions became a member of Nature Action 100 – a global investor alliance working to reduce the negative impact on nature and biodiversity in 100 carefully selected companies. The aim is to encourage these companies to set clear targets and action plans to protect and restore nature.

As part of the alliance, we recently took part in the first dialogue with the food giant Kraft Heinz, alongside participants from Nordea Asset Management, APG Asset Management, Green Century Capital Management, CBIS and As You Sow.

When companies fail to manage biodiversity and natural capital responsibly, this poses financial and climate-related risks to both themselves and society. These issues are becoming increasingly important to investors, and we are therefore working to ensure that companies such as Kraft Heinz act responsibly in areas and regions where the local environment is particularly vulnerable.

Amir Hassan

ESG specialist in LD Pensions

During the dialogue with Kraft Heinz, the focus was, amongst other things, on how the company can improve its reporting on nature- and biodiversity-related risks in line with international standards, and how it addresses these risks across its value chain. An update was provided on the company’s targets to reduce water consumption and deforestation, as well as the need for greater transparency regarding its impact on and dependence on nature. 

“It is crucial that companies communicate openly about their impact on the natural world and the measures they are taking to minimise it – this is a clear prerequisite for us to be able to invest responsibly,” says Amir Hassan. 

Nature Action 100 has more than 230 institutional investors as members, who together manage USD 30 trillion. The investor alliance uses active ownership – that is, dialogue and pressure from investors – to bring about positive change.