The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Impact investment: Market gets its teeth into vegan ETF

Founders claim existing meat-production business model at risk from stranded assets as interest in meat-free diet grows.


Beyond Investing is launching what is thought to be the first dedicated vegan climate exchange-traded fund (ETF) in January.

It follows the launch of the US Vegan Climate Index by the vegan and cruelty-free investment group in June this year.

According to research firm GlobalData, the number of vegans in the US has increased 600% in three years to 6% of the population. In the UK, the number of vegans has risen 700% in two years, according to, while in Germany the percentage of the population following a low-meat diet has risen to 44% from 26% in 2014.


Claire Smith,
Beyond Investing

Beyond’s founder and CEO Claire Smith says: “There’s a societal shift taking place towards veganism, or at least reducing the consumption of meat because of concerns about health, the environment or animal cruelty.”

Indeed, given the shift, Smith says it is surprising that the UN Sustainable Development Goals have no mention of animal farming, given the environmental impact of farming.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree