Are Vegan Stocks a Good Investment?
Published by The Beet - September 20, 2020
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On September 10th, 2019, Beyond Investing launched the world's first vegan-centered Exchange Traded Fund (ETF) on the New York Stock Exchange, with the ticker VEGN. Comprised of stocks that are vegan-friendly, the fund is designed with the health and safety of people, animals, and the planet in mind. So the question is: Would it have been a good investment, and should investors consider it a "buy" one year later?
Investers don't have to do the dirty work of researching individual company policies. "Our environmental clauses permit us to screen out the highest carbon emitters more broadly," Smith says.