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Divya Narain

@divyanarain.bsky.social
70 followers 601 following 10 posts

I research Food Systems Finance: the capital behind industrial animal agriculture, and its consequences for the climate | PhD (UQ) | Postdoc, University of Oxford | Lead Author, IPBES | divyanarain.com

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Divya Narain @divyanarain.bsky.social · 08/10/2026
Air pollution from UK factory farms costs the public £130 million a year, according to this BIJ/DeSmog investigation. A cost the companies don't carry and the banks lending to them don't price. One more entry on the public side of the ledger that keeps Big Livestock cheap. #FactoryFarming
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Divya Narain @divyanarain.bsky.social · 01/10/2026
3/ Many meat companies are family-owned or private too. Loans are different: they come up for renewal, and the bank decides whether to lend again. For the largest meat and dairy companies — Big Livestock — that is where the leverage sits. #FoodSystems #FactoryFarming #SustainableFinance
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Divya Narain @divyanarain.bsky.social · 01/10/2026
2/ The report calls for defunding industrial agribusiness. One would think the place to start is the shareholders — BlackRock, Vanguard and State Street own 22% of the hundred largest food companies. But most of that is index funds, which hold whatever is in the index. Those shares aren't for sale.
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Divya Narain @divyanarain.bsky.social · 01/10/2026
1/ Twenty food companies paid their shareholders more in two years than it would cost to feed the world's hungriest 230 million people. That's from Food, Land & Money, launched by @foeus.bsky.social at NY Climate Week. The twenty include JBS and Tyson.
Diagram titled "Two routes to defunding Big Livestock". At the top, a dark red box reads "A large meat or dairy company", with arrows leading down to two sides. On the left, labelled "Shares", a grey padlock icon with the word "Locked" beneath it and the caption: index funds hold every company in the index, whatever it does; family, private and cooperative shares aren't traded at all. On the right, labelled "Loans", an orange circular arrow with the words "every few years" inside it and the word "Renewed" beneath, with the caption: each renewal is a decision — whether to lend, and on what terms — and it reaches private companies too. The diagram contrasts shareholding, which offers little leverage because most shares cannot or will not be sold, with lending, which comes up for renewal and so offers a recurring decision point.
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Divya Narain @divyanarain.bsky.social · 24/09/2026
3/ These banks already have the exclusion frameworks that fifteen years of pressure over fossil fuels obliged them to build. They have simply not applied them to livestock. Big Livestock is the next Big Oil — with the same bankers. #ClimateWeekNYC #FactoryFarming #BigLivestock #BigOil #DirtyDozen
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Divya Narain @divyanarain.bsky.social · 24/09/2026
2/ Six of those ten are in this year's "Dirty Dozen" of the world's biggest fossil-fuel financiers. The only two without significant fossil-fuel lending are the agricultural specialists, Rabobank and Farm Credit. Same banks, both industries.
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Divya Narain @divyanarain.bsky.social · 24/09/2026
1/ This week in New York the world's biggest banks are talking about their transition plans. Their loan books tell a different story. The ten highest-emitting livestock companies took $181.5bn in credit from 2015 to 2022 — and half of it came from just ten banks.
Bar chart of the ten largest lenders to the ten highest-emitting livestock companies, 2015–22, with six shaded as Banking on Climate Chaos 'Dirty Dozen' fossil-fuel financiers. Bank of America leads at $13.2bn.
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Jan Dutkiewicz @jandutkiewicz.bsky.social · 22/09/2026
If I was putting on a Climate Week food event about good farming practices, I personally would opt to not have it cosponsored by a company that was found to raise animals in unspeakably cruel conditions. But maybe that's just me.
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Peggy @critterlover27.bsky.social · 22/09/2026
"Huon Aquaculture, owned by the Brazilian meat company JBS, accounted for 1,126 of the explosives used in the first half of 2026, almost two-thirds of the total." "Since the start of 2021, 48 seals have died at Tasmanian salmon farms.' Yet another reason to boycott behemoth meat co. JBS. Go Vegan🌱
theguardian.com
More than 150,000 underwater explosives used to deter seals at Tasmanian salmon farms since 2016
Salmon companies operating in Tasmanian marine areas deployed almost 1,800 explosives in first half of 2026, government figures reveal
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Reposted by Divya Narain
Peter Singer @petersinger.info · 22/09/2026
Imagine being lowered into a gas chamber while fully conscious. The gas causes pain as it dissolves into the moist tissues of your eyes, nose, mouth and lungs. Breathing becomes extremely painful. And you may remain conscious for up to 60 seconds before finally blacking out.
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Divya Narain @divyanarain.bsky.social · 21/09/2026
3/ Announce a target. Raise capital alongside it. Get sued. List in New York. Settle, relabel, drop. Big Oil ran this play first. Industrial livestock is the next Big Oil: same playbook, same banks, same excuses. #ClimateWeekNYC #NetZero #Greenwashing #FactoryFarming #JBS #Barclays #FoodSystems
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Divya Narain @divyanarain.bsky.social · 21/09/2026
2/ The target was hollow from the start. It claimed to cover the whole supply chain, but the only real commitment was for the 3% of emissions JBS controls directly. The other 97% — roughly 240 million tonnes a year, more than the whole of Colombia — never had a target at all.
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Divya Narain @divyanarain.bsky.social · 21/09/2026
1/ New York Climate Week opens today. Worth remembering what JBS, the world's largest meat company, did in July: it quietly dropped the 2040 net-zero target it once advertised like this.
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