Washington (GGM) Analysis | June 8, 2021 by Sarah J. Kings
Many of us know about the widely successful climate campaign #Change1Thing. The idea is fantastic. People need to feel empowered; we need to feel like there is something we can do to combat the massive problem we are facing. #Change1Thing does that! With each metal straw and every reusable bag, consumers feel like they are slowly turning the wheels in the right direction. Still, if you are looking at your latest zero waste purchase, and wonderingif this is enough to reduce your carbon footprint, then you’re in the right place.
Washington (GGM) Analysis | June 2, 2021 by Sarah J. Kings
Consumer ethics has never been such a hot topic! Compassionate and eco-friendly shoppers are searching for resources and products everyday. With many making changes in their diet and fashion choices, there has never been a better time to switch out your old cosmetics and trade them in for vegan alternatives. Vegan beauty brands do not rely on animal cruelty and animal products or biproducts to create makeup. Here is a list of five major vegan and cruelty free beauty brands that are focused on both ethics and sustainability.
Washington (GGM) Analysis | May 27, 2021 by Sarah J. Kings
According to Lacey Bourassa,of Plant Proteins.co, there has been a 500% increase in consumers identifying as being vegan within the last six years. Whether people are switching up their eating habits for ethical, health, feminist, or ecological reasons- or a combination- it is clear that eliminating animal products from our plates is on the rise.
Washington (GGM) Analysis | August 27, 2020 by Sarah J. Kings
European investing platform Beyond Investing– no relation to Beyond Meat– celebrated the second ‘birthday’ of its US Vegan Climate Index this summer. As the world’s first exchange-traded fund (ETF) focused on veganism and environmentalism, the US Climate Index (VEGAN) should be a ticker on your investor watchlist.
The US Climate Index avoids companies and business models that pose a threat to the environment. This means that they do not support animal exploitation or unethical business. In a press release published on June 16, 2020, Beyond Investing reported, “over its two-year live history, VEGAN has outperformed the S&P 500 Index…on a price return basis of 5.93%.” VEGAN outperforming the S&P 500 means big things for Environmental, Social, and Governance (ESG) funds.
When questioned about the future of ESG investing, Claire Smith, Beyond Investing CEO, shared some poignant thoughts with The Hill Report. “ESG investing will become the primary driver for investment. Investors are holding companies to higher standards and questioning the viability of unethical and polluting business models. It represents the opportunity to invest for the future that you want to see, as opposed to keeping your money shackled to the past.”
With a boom of awareness of veganism and sustainability in the US, and the success of companies like Beyond Meat and Tesla, new Initial Public Offerings (IPOs) are sure to be popping up. Investors in the US Climate Index can rest assured that each new IPO will be properly screened and vetted before being added to the fund. Smith said that she anticipates “more IPOs of ethical plant-based and cruelty-free food and lifestyle product companies.” She looks forward “to including them in our US Vegan Climate Index as replacements for those damaging companies that fail our screens.” As the demand for ethical investing soars higher, people looking to the stock market should consider the US Vegan Climate Index.
European investing platform Beyond Investing celebrates two years of the US Vegan Climate Index
As the world’s first exchange-traded fund (ETF), US Climate Index (VEGAN) is a ticker to watch
VEGAN has outperformed the S&P 500
CEO, Claire Smith predicts that more IPOs of ethical plant-based and cruelty-free food and lifestyle product companies are on the rise
US Climate Index screens companies to ensure that only ethical businesses are added to the fund
Washington (GGM) Analysis | August 21, 2020 by Sarah J. Kings
Beyond Meat is a US-based vegan alternative meat company that focuses on sustainability and animal welfare. They are the makers of the beet juice burger that “bleeds” like beef. With 20 grams of protein per serving, this new backyard barbecue staple does more than just drip red juices on the grill.
In May of 2019, when Beyond Meat first became publicly traded, the market exploded with excitement. According to Forbes, the stock closed that day at a 43% increase. People around the country finally saw what CEO Ethan Brown knew all along— alternative meat is an industry that will change the world.
Despite the plummet that most traded companies felt during the months of quarantine, in May of 2020, Beyond’s share values reportedly grew 82%. And the company continued to grow and forge deals to further their infiltration into the lives of average people.
On August 4th, Beyond reported a net loss of a whopping $10.2 million— but don’t let the word ‘loss’ fool you. Brown has made it clear that Beyond will continue to push through these unprecedented times and provide an affordable, more sustainable, and healthier plant-based alternative to beef. During the second quarter, Beyond partnered with megastores Target and Walmart, making this vegan burger more accessible than ever. The partnership helped the company reach $113.3 million in net sales.
Beyond Meat is already at T.G.I.Friday’s, Dunkin’, and Carl’s Junior, and each partnership helped launch the company’s success further. On August 12th, Aramark announced that they, too, will be partnering with Beyond. As one of the largest food providers in the US, this is a big deal that will positively impact Beyond’s stock in the future. When America ‘reopens’, and people return to schools, college campuses’, and stadiums Beyond will be there— and you can count on stock values to reflect that.