Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Aid Beyond Trade-offs Impact en las Americas New Revivalists Women Rising in India Operation Impact
Smarter Money Women Rising 2030 Finance Locavesting Inclusive Economy Regeneration Impact Tech New Power Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Industry News Impact Management Good Business Personal Finance Faith and investing Billionaires
Gender Lens Investing Women Rising in India
SDGs Climate Finance Clean Energy Innovative Finance Full Stack Capital Long-termism
Opportunity Zones Investing in place
Entrepreneurship Return on Inclusion Good Jobs Inclusive Fintech Creative economy Housing New Schooled Well Being People on the Move
Conservation Finance Farmer Finance Financing Fish
Blockchain/AI/IoT Urban Tech Food Tech Inclusive Fintech
Human Rights Democracy and Peace News and Information
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States Growth Markets
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Beyond Advisors’ Vegan ETF will screen out animal cruelty



ImpactAlpha, October 2 – Veganism was bound to hit the mainstream financial markets, given all the private capital investing in a meat-free future. (Or, at least, a reared-animal meat-free future. There’s that lab-grown trend, after all.)

Investment firm Beyond Investing launched last year to build a pipeline of public and private investments that are vegan-friendly. Its public markets arm, Beyond Advisors, has registered a vegan exchange traded fund (ETF) with the SEC built around companies that do not participate in “business activity that harms animals.” The ETF will trade under the ticker VEGAN.

In May, Beyond Advisors launched an index around which its ETF will be built. The U.S. Vegan Climate Index is based off of German index provider Solactive’s U.S. Large Cap Index, and screens out companies based on companies involved in: animal testing, animal-derived products, animals used for sport or entertainment, fossil fuels, military and defense, tobacco, and other environmental and human rights issues. In all, these screens eliminates 41% of the index.

“For the first time that proportion of the US stock market whose business models harm animals and the environment can be identified,” Beyond Advisors’ Claire Smith said. Beyond Advisors claims the fund will “avoid funding the slaughter of 13 animals a year for every $1,000 invested.” 

An estimate from Bloomberg pegs the environmental, social and governance-focused ETF market at $6 billion, within a $3.5 trillion total ETF market. ESG funds have grown 500% in the past five years. Impact Shares alone has launched three impact-focused ETFs this year, supporting gender equity, minorities and people of color, and the U.N. Sustainable Development Goals.

You might also like...