Alternative Investments/ESG: VanEck Launches European ETF Focusing On Sustainable Food Megatrend

The global food system is expected to be under strain from population growth and disruption due to climate change.

The VanEck Sustainable Future of Food UCITS ETF has been listed on London Stock Exchange in US dollars (VEGI LN) and pound sterling (VEGB LN) as well as on Deutsche Börse Xetra in euros (VE6I GY). This new ETF will look for opportunities in plant-based meat and dairy alternatives, vertical farming, precision agriculture, functional ingredients, and vegan organic and health foods. (ETF Stream)

VanEck Sustainable Future of Food UCITS ETF (VEGI)

The ETF tracks the MVIS Global Future of Food ESG index which consists of 35 companies deriving at least 50% of their revenues from products and services related to meat and dairy alternatives, organic foods, food flavourings and innovative agricultural technologies.

With an expense ratio of 0.45%, the ETF is classified as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR) because it applies an ESG screener to its investments.


Martijn Rozemuller, CEO at VanEck Europe, commented: “The production of food, especially meat, harms both the environment and health.”

“Without profound changes in agriculture and food production, the world will not be able to stop climate change. With all this in mind, consumers around the world are now demanding alternatives. The demand for cleaner, healthier and sustainable food is increasing.”

VanEck on the food industry:

“Without far-reaching changes in agriculture and food production, the world will not be able to halt its march towards environmental disaster. Already, the industry is a major greenhouse gas (GHG) emitter and does widespread harm to the environment in other ways besides. As the global population grows, powerful forces are beginning to transform food production.

These include the need to feed a burgeoning global population, and shifting consumer preferences embracing environmental sustainability.

Related Story: VegTech Invest Launches Plant-Based Innovation & Climate ETF

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