How I Learned to Love Shrimp Josh Balk on using shareholder activism to win change from the world’s largest food companies
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Oct 18, 2023 Josh Balk discusses using shareholder activism to drive change in major food companies, highlighting successes like Prop 12 in California. He also talks about the importance of political engagement for animal welfare legislation and the shift towards more humane treatment in the food industry. The podcast explores the global impact of shareholder activism and the role of attorneys in navigating legal challenges. Campaigning for ballot measure success and driving change through strategic activism are key topics discussed.
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Shareholder Activism
- Buy shares in food companies to influence change.
- Use shareholder activism to push for animal welfare improvements.
McDonald's Case
- Josh Balk and Carl Icahn nominated two people to McDonald's board.
- While not elected, the action prompted McDonald's to improve animal welfare practices.
Accountability
- Corporate commitments to animal welfare often lack follow-through.
- Continuous pressure and benchmarks are crucial for real change.