PETA Buys Slaughterhouse Stocks To Push For Transition To Vegan Meat

by | May 8, 2020

Animal welfare organization People for the Ethical Treatment of Animals (PETA) has purchased stock in a number of slaughter companies in the US and Canada.

As shareholders in these companies, PETA will now be able to attend annual meetings and influence decision making — power it will use to push for a transition to vegan meat production.

The companies in which PETA now owns stock include Tyson, Hormel, and Smithfield — some of the biggest names in the meat industry.

vegan transition factory farm
PETA is pushing for an end to factory farming (David Tadevosian/Shutterstock.com)

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A Transition To Vegan Meat

PETA’s decision to invest in slaughter companies was made amid the coronavirus outbreak — which has hit the US animal agriculture industry hard.

Close to 5,000 meat-production workers have tested positive for the virus, with at least 20 having died so far. Several slaughterhouses have been forced to close, with some others operating at a limited capacity.

“Breeding Grounds For Infectious Diseases”

“This crisis has shown that raising and killing animals in filthy factory farm conditions and butchering them in ill-regulated slaughterhouses creates breeding grounds for infectious diseases,” said PETA President Ingrid Newkirk, in an email to Raise Vegan.

“PETA is pushing major meat companies to shut down the slaughter lines and switch to plant-based meats that never cause a pandemic.”

What do you think of this tactic to influence the meat industry? Share your thoughts with us in the comments below!


One Response to “PETA Buys Slaughterhouse Stocks To Push For Transition To Vegan Meat”

  1. Karen Levenson
    May 8th, 2020 @ 1:49 pm

    Years ago, when I worked for Animal Alliance, we bought shares of Tim Hortons and I attended a shareholders meeting to encourage them to buy cage-free eggs. Nothing happened. What strategy do you have to ensure you can bring change by attending the shareholders meetings, especially when – I assume – PETA won’t be a majority shareholder? Thanks. My email is [email protected]

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