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
FinTech: Lloyds To Acquire Stake In Loyalty App Bink
January 4, 2022     FinTech, News

Lloyds Banking Group (LON: LLOY), Britain’s biggest mortgage provider, will acquire a minority stake in loyalty app Bink, according to a report by Sky News for an undisclosed amount that…
Digital Assets: Coinbase CEO Armstrong Said To Have Splurged $133M On Home In LA
January 4, 2022     Digital Assets, News, Real Estate

An iconic property in Bel Air, Los Angeles, designed by internationally acclaimed English architect John Pawson changed hands last month for $133 million and the buyer was Coinbase (NASDAQ: COIN)…超·世界.png
Venture Capital: Chinese AI Startup Parametrix Raises $100M, Turns Unicorn
January 4, 2022     Artificial Intelligence, News, Venture Capital

Chinese AI company has raised $100 million in a Series B round led by Sequoia China and joined by existing investors 5Y Capital and Gaorong Capital. Though the valuation…
Artificial Intelligence: Danish Company Solum To Use Advanced AI And Robotics For Sorting Waste
January 4, 2022     Artificial Intelligence, News

Danish environmental services company Solum A/S will soon operate a highly advanced waste sorting plant that will use advanced robotics and AI to segregate up to 25,000 tons of mixed…