Inclusion criteria is strict. The company needs to be working, intentionally or not, towards making animal-free advancements in their product offerings. Also, no division or brand of the company can be involved in producing animal meat, animal dairy, animal testing (unless subjected by law), farm animal feed products, or the significant displacement of wildlife. If any company introduces any animal products into their product lines, it will be taken off the list.
Created by Plant Powered Consulting founder, Elysabeth Alfano, and fellow plant-based investor, Sasha Goodman, the VegTech lndex includes Tesla, Beyond Meat, and e.l.f. cosmetics.
“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 Alfano, referring to her popular podcast.