Alternative Investments/ESG: VegTech Invest Launches Plant-Based Innovation & Climate ETF

The new ETF trades on the New York Stock Exchange.

VegTech Invest advisory has launched the VegTech Plant-based Innovation & Climate ETF (Ticker: EATV), its first financial product. The ETF offers exposure to publicly traded companies actively innovating with plants and plant-derived ingredients and producing primary products that are animal-free. These companies also have a beneficial impact on the environment and solve certain pressing global problems. (CISION PRNewswire)

VegTech Plant-based Innovation & Climate ETF (Ticker: EATV)

First Insight: The State of Consumer Spending noted on October 28, 2021 that “growing plants requires fewer resources than raising animals for meat,” and reported that 68% of Millennials are willing to pay more for sustainable products.

A March 23, 2021 report by Boston Consulting Group indicates that the alternative protein market will reach at least $290B by 2035.

On its website, VegTech makes the following observations:

  • Animal agriculture is responsible for 14.5% of greenhouse gas emissions, including methane and nitrous oxide
  • Our current food and materials supply is inefficient and unsustainable. It is a major source of deforestation, using disproportionate amounts of water and land such that creating enough food for a growing global population won’t be feasible with our current resources.
  • As we enter the fourth industrial revolution, the food and materials supply systems are on the precipice of a global shift. We are investing in the game changers, disruptors and trend-makers.

Trading on the NYSE, the new actively-managed ETF includes 37 publicly traded companies (dubbed “VegTech” companies) that meet the above criteria.

The fund has an expense ratio of 0.75%.


“We are excited to be what we believe is the first pure-play ETF that invests in companies innovating with plants and producing animal free products. We believe that today’s investors want a more resource efficient, climate friendly, and cruelty-free food and materials supply system…and want to invest their dollars in the same,” said VegTech Invest CEO and CMO, Elysabeth Alfano in a statement.

Related Story: Israel’s Future Meat Raises $347M To Build US Facility

Image Credit: Flickr

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Venture Capital/ESG: Adam Neumann Co-Founded Flowcarbon Raises $70M Via VC Funding And Token Sale

Flowcarbon, co-founded by Adam Neumann, known for WeWork, is a climate technology company seeking to formalize the market for carbon offsets on the blockchain. The startup announced Tuesday its $70…
Digital Assets: The Terra (LUNA) Implosion – Sidelights
May 25, 2022     Digital Assets, Latest News, News

One hapless investor lost about 3 billion won ($2.4 million) in the LUNA and UST implosion earlier this month. A Korean social media personality going by the name of “Chancers”…
Artificial Intelligence: AI Could Bring Us Fresh Insight Into Earthquakes
May 25, 2022     Artificial Intelligence, News

Scientists have long held the view that earthquakes are impossible to predict, being random events. But the potential for damage these natural events have, including the loss of life, have…
Digital Assets: Swiss Venture Firm CV VC Launches African Blockchain Early-Stage Fund; Issues African Blockchain Report
May 24, 2022     Digital Assets, News, Venture Capital

CV VC announced Monday at Davos the launch of its African Blockchain Early-Stage Fund to bring the advantages of the blockchain and its own expertise to enable Africa to transact…