CHICAGO and LOS ANGELES, March 2, 2021 /PRNewswire/ -- The first global index and list of publicly traded plant-based stocks, VegTechtm: The Global Vegan Impact and Innovation Indextm (VEGT) launches today on The Plantbased Business Hour tm website.
Created by Plant Powered Consulting founder, Elysabeth Alfano, and fellow, plant-based investor, Sasha Goodman, the VegTechtm lndex of 21 global companies represents the VegTech tm market: publicly traded companies actively innovating to remove animals from the supply chain to solve some of the world's most pressing problems. Like the Dow Jones Industrial Average or Nasdaq-100, the VegTechtm Index tracks these companies and reports monthly on the average, market cap-weighted performance to give a snapshot of the growth, health and invest-ability of the mission-driven sector.
The How V is Your B?
The following criteria establish which companies are included in VegTechtm: The Global Vegan Impact and Innovation IndexTM..
The list will continue to morph and grow as more plant-based companies go public. Along the same lines, if any company introduces any animal products into their product lines, it will be taken off the list.
We Want A Portfolio of Companies That Actively Removes Animals From Their Products
"As an investor, I want a portfolio that is 100% free from animals. I also want to invest in the companies that are intentionally seeking to solve some of the world's greatest problems by keeping animals out of their products. Thus, I started curating a list of companies on the global markets according to certain criteria for both myself and my Plantbased Business Hour listeners," says Elysabeth Alfano.
Coincidentally, friend and fellow plant-based investor, Sasha Goodman, had started on something similar. Both decided to work together to build a comprehensive list and Index.
The Big Shift
"With this list, I hope to encourage public companies to lead the way and replace animal products with plant- or cell-based versions that are better for people, the planet and the animals," Sasha Goodman says.
Millennials and Gen Z are forcing a shift in how companies are doing business. Flexitarians incorporate plant-based foods into their diet and eat less meat and dairy, increasing the consumption of plant-based foods. These consumers want to know the values behind the companies. They want to know if these companies are mitigating or contributing to the damage and destruction of the environment, animals and the overall healthcare system.
"Ultimately, consumers expect companies to start being part of the solution rather than part of the problem. The VegTech tm index lists and tracks companies that are doing just that," says Elysabeth Alfano.
VegTech tm is currently in beta. Headshots and Logos.
ABOUT VEGTECH tm: The Global Vegan Impact and Innovation Indextm (VEGT): Created by Plant Powered Consulting Founder, Elysabeth Alfano and fellow investor, Sasha Goodman, The VegTechtm lndex of 21 global companies represents the VegTech tm market: publicly traded companies actively innovating to remove animals from the supply chain to solve some of the world's most pressing problems. Like the Dow Jones Industrial Average or Nasdaq-100, the VegTechtm Index tracks these companies and reports monthly on the average, market cap-weighted performance to give a snapshot of the growth, health and invest-ability of the mission-driven sector. http://vegtechindex.com/
Contact: Elysabeth Alfano,
Plant Powered Consulting
T: (312) 391-2883
E: [email protected]
SOURCE Plant Powered Consulting
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