An investment in EATV, the world's only
Plant-based Innovation & Climate ETF, may result in reducing
the carbon footprint of one's overall portfolio when considering
the expected emissions avoided.
ANGELES, Jan. 17, 2023 /PRNewswire/ -- The VegTech™
Plant-based Innovation & Climate ETF, EATV (NYSE: EATV)
has received ground-breaking certification from Ethos ESG: Carbon
Neutral Without Buying Credits, a first according to the
While most Ethos' Carbon Neutral Certifications compare the
carbon footprint of a portfolio with purchased offsets, the
Plant-based Innovation Certification championed by EATV considers
carbon emissions avoided by replacing animal products for a less
carbon intensive food and materials supply system. This means
that the investments made by EATV are actually helping to solve the
problem – i.e., avoiding creating emissions – rather than using the
band-aid of offsets.
"Offsets are really important for mitigating global warming, but
it is also critical that we address the underlying problem,
including the massive emissions generated by our meat-based food
system," notes Luke Wilcox, ACA
Group Partner and Founder of Ethos ESG. According to the
United Nations, "offsets are not a long-term
Although not sequestering carbon, Ethos determined that the
aggregate carbon avoidance potential of all EATV holdings was
greater than the estimated carbon footprint -- i.e., an investment
in EATV may result in a net reduction of carbon (AKA Carbon
Negative), when considering the expected emissions avoided.
"The emissions avoidance thesis through replacements of
carbon-heavy animal products has always been at the core of EATV's
philosophy. We have always believed that avoiding emissions can be
even more impactful than participating in a carbon market, which
can have intermediaries, and be complicated and inefficient." says
Dr. Sasha Goodman, Fund Manager of
EATV. "We are happy to confirm our thesis through certification by
a reputable third party, Ethos ESG."
"I'm excited to highlight the impact potential of switching to
plant-based products through our certification of the EATV ETF,"
says Wilcox. "From an emissions reduction perspective, the
plant-based protein sector may be one of the most accessible and
impactful areas in the market." An independent BCG report
Portfolio Construction For Upside & Climate Change:
Ethos ESG notes that EATV has a global temperature warming
potential of 1.18C (Celsius), far below the UN goal of 1.5C and
very far below the S&P 500 warming potential of 3.2C.
With its supply chain focused portfolio construction designed to
help address the overarching food systems problems, the
EATV Plant-based Innovation & Climate ETF is
leading the way for a more aggressive approach in helping to solve
Climate Change by avoiding emissions in the first place.
Further, an investment in EATV could bring down the carbon
footprint of an asset manager's or individuals' overall
"With EATV, VegTech™ Invest offers a distinct strategy
that seeks to capitalize on the new food revolution paradigm of
Plant-based Innovation and Alternative Proteins. EATV's investment
approach seeks groundbreaking solutions that address the global
food and material supply systems and works toward stabilizing food
insecurity and reducing Greenhouse Gas Emissions. Ethos is
proud to partner with VegTech™ Invest as we take actionable steps
toward a net-zero economy," says Ethos' Dan
To view the Statement of Certification, click here.
Source: Ethos ESG
GET YOUR PORTFOLIO IN CLIMATE SHAPE WITH EATV
EATV is available on Fidelity, Schwab, TD Ameritrade,
eTrade, Vanguard, Pershing, and more.
For the webinar on Carbon Neutrality Without Buying Credits,
featuring CEO of VegTech™ Invest, Elysabeth
Alfano, EATV Fund Manager Dr. Sasha
Goodman and the Founder of Ethos ESG Founder, Luke Wilcox, click here.
The webinar is Wednesday, January
18 at 1:30p ET and takes place, like all of the VegTech™
Invest webinars on the first and third Wednesdays at this time,
live on the VegTech™ Invest Linkedin Page.
Groundbreaking Certification & Methodology: Carbon
Neutral Without Buying Credits.
The fund EATV was carbon neutral during the third and fourth
quarters of 2022, based on data provided by VegTech™ Invest and an
independent assessment conducted by Ethos Impact Inc. ("Ethos
In order to identify emissions reduction potential, Ethos
reviewed a variety of lifecycle analyses (assessments of the carbon
footprint of a product over its entire "lifecycle") from the
University of Michigan, Boston
Consulting Group, and others. These analyses quantify the typical
emissions reduction associated with converting from beef to
plant-based meat, implementing green vertical farming, investing in
plant-based products and innovations, and making other transitions
to plant-based industry.
Ethos compared the estimated carbon footprint of the holdings in
EATV (the Scope 1, 2 and 3 emissions that EATV is responsible for
through its investment in each holding) with the expected impact of
emissions that are avoided for each holding. Based on this
analysis, Ethos determined that the aggregate carbon avoidance
potential of all EATV holdings was greater than the estimated
carbon footprint -- i.e., an investment in EATV results in a net
reduction of carbon (AKA Carbon Negative), when considering the
expected emissions avoided.
The certification is not intended to indicate "absolute" zero
emissions, but rather the relative impact when compared to meat and
VegTech™ Invest advises the VegTech™ Plant-based
Innovation & Climate ETF, (EATV), which launched
December 28, 2021. EATV
invests in companies along the supply chain actively innovating
with plants and plant-derived ingredients to create animal-free
products for sustainable consumption to address climate change,
food insecurity and a more efficient food supply system.
VegTech™ Invest has created and is leading a completely new
impact asset class in the capital markets: Plant-based Innovation
& Alternative Proteins. The ETF provides exposure to the
The firm provides the VegTech™ Plant-based Innovation &
Alternative Proteins Index, calculated and distributed by
Morningstar, as a global benchmark that defines this new
The EATV top ten constituents as of 1/3/23 are Ingredion, Sensient, Givaudan, Dole,
Yara, Smurfit, MGP Ingredients, ABinBev, E.L.F Beauty Inc., and
Vitasoy International. Amyris Inc, Beyond Meat, Oatly and Gingko
BioWorks are also in the fund*.
Pictures/Logos here. LinkedIn/Twitter.
*Holdings subject to change. Visit www.EATVetf.com.
Ethos ESG, ACA's ESG Data & Analytics Solution
ACA Group ("ACA") is the leading governance, risk, and
compliance (GRC) advisor in financial services. We empower clients
to reimagine GRC and protect and grow their business. Our ESG Data
& Analytics tool provides data and analytics for financial
advisors, asset managers, institutions, and investors. With over
350,000 impact ratings of stocks and funds across 45 causes, our
interactive platform helps firms offer robust impact reporting,
monitor, and address sustainability risks, and enhance quantitative
research and modelling with transparent ESG data.
The fund's investment objectives, risks, charges and
expenses must be considered carefully before investing. The
prospectus and summary prospectus contain this and other important
information about the investment company. It may be obtained by
calling 1-424-237-8393, emailing firstname.lastname@example.org or visiting
EATV.VegTechInvest.com. Read it carefully before
Investing involves risk including the possible loss of
principal. Past performance does not guarantee future results.
The fund is an actively managed ETF that does not seek to
replicate the performance of a specified index.
Foreign securities may be more volatile and less liquid than
domestic (U.S.) securities, which could affect the Fund's
Stocks of companies with small and mid-market capitalizations
involve a higher degree of risk than investments in the broad-based
ESG investing is defined as utilizing environmental, social and
governance (ESG) criteria as a set of standards for a company's
operations that socially conscious investors use to screen
potential investments. The Fund's policy of investing in companies
as a means to promote positive climate change could cause the Fund
to perform differently compared to similar funds that do not have
such a policy.
EATV is distributed by Quasar Distributors, LLC.
Quasar is a subsidiary of the group of companies doing business
as ACA Group and is an affiliate of Ethos ESG. Neither Quasar, nor
any of its directors, officers, or staff, are involved in Ethos
ESG's certification process or pay for accreditation, nor does
Ethos ESG consider affiliation as part of its certification
 "A Beginner's Guide to Climate Neutrality." 1.5
degrees., A climate action blog, United Nations Climate Change,
February 26, 2021.
 Morach, Benjamin, et al. "The Untapped Climate
Opportunity in Alternative Proteins: Food for Thought." Boston
Consulting Group, July 8, 2022.
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SOURCE Vegtech Invest