The Humane Society of the United States has purchased stock in fast food mogul CKE, in hopes of leveraging stakeholder engagement to influence animal rights. Apollo Global Management, the parent company of CKE restaurants, has sold 325 stock shares to the animal advocacy organization. For its 4-thousand dollar investment HSUS is guaranteed certain privileges, including speaking up at shareholder meetings. The restaurants involved include: Carl’s Jr. and Hardees.
Through its’ stock ownership, the Humane Society of the United States hopes to abolish the small cages animals are forced to occupy. According to a HSUS News Release, – nearly all breeding pigs and egg laying hens used for Hardee’s and Carl’s Jr.’s products are confined in crates or cages that prevent the animals from moving more than a few inches for most of their lives.
CKE currently runs 31,250 fast-food restaurants nationwide, serving millions of customers. HSUS says most of these customers – are very concerned about the treatment of animals.