NAB will no longer lend to businesses breaching animal welfare standards

  • 📰 abcnews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 83%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

National Australia Bank is the first of the big four banks to crack down on poor treatment of animals by implementing animal welfare principles that will guide future lending decisions.

ABC News: Christopher McLoughlinNAB said the principles were based on"generally accepted, contemporary, scientific understanding of animal welfare" and were in line with international conventions, and Federal and State Government regulations.

"We certainly had some input into earlier drafts of the policy and we're encouraged to see NAB and other banks are coming to us for advice on what appropriate animal welfare lending policies might be," she said. Paul McKenzie is a WA-based agribusiness consultant with Agrarian Management and has 16 years' experience in rural finance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is that from 2050? 🤣

This is good newes

Now to difest from the fossil fuel industry. Wont hold my breath.

Awesome NAB👏

Does this include Halal business?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in HEALTH

Health Health Latest News, Health Health Headlines