EATV ETF is Certified Carbon Neutral WITHOUT Buying Credits
BREAKING NEWS:?
EATV is the First ETF Certified by Ethos ESG as?Carbon Neutral?Without Buying Credits
An investment in EATV in your portfolio, may?result in a?net reduction of carbon,?when considering the expected emissions avoided.
To?potentially bring down the carbon footprint of your portfolio with an investment in EATV,?read on...
The VegTech? Plant-based Innovation & Climate ETF, EATV (NYSE:?EATV ) has received ground-breaking certification from Ethos ESG: Carbon Neutral?Without Buying Credits, a first according to the certification company.?
While most Ethos’ Carbon Neutral Certifications compare the carbon footprint of a portfolio with purchased offsets, the Plant-based Innovation Certification championed by EATV considers carbon emissions avoided by replacing animal products for a less carbon intensive food and materials supply system.??This means that the investments made by EATV are actually helping to solve the problem – i.e., avoiding creating emissions – rather than using the band-aid of offsets.?
“Offsets are really important for mitigating global warming, but it is also critical that we address the underlying problem, including the massive emissions generated by our meat-based food system,” notes Luke Wilcox, ACA Group Partner and Founder of Ethos ESG.?According to the?United Nations, “offsets are not a long-term solution.[1]”
Although not sequestering carbon,?Ethos determined that the aggregate carbon avoidance potential of all EATV holdings was greater than the estimated carbon footprint -- i.e., an investment in EATV may result in a?net reduction of carbon (AKA Carbon Negative),?when considering the expected emissions avoided.?
“The emissions avoidance thesis through replacements of carbon-heavy animal products has always been at the core of EATV's philosophy. We have always believed that avoiding emissions can be even more impactful than participating in a carbon market,?which can have intermediaries, and be complicated and inefficient.” says Dr. Sasha Goodman, Fund Manager of EATV. “We are happy to confirm our thesis through certification by a reputable third party, Ethos ESG.”
“I’m excited to highlight the impact potential of switching to plant-based products through our certification of the EATV ETF,” says Wilcox.?“From an emissions reduction perspective, the plant-based protein sector may be one of the most accessible and impactful areas in the market.“??An independent?BCG?report confirms this[2].?
Portfolio Construction For? Upside & Climate Change: 1.18C
EATV has a global temperature warming potential of 1.18C (Celsius), far below the UN goal of 1.5C and very far below the S&P 500 warming potential of 3.2C.
An investment in EATV?could bring down the overall carbon footprint?of an asset manager’s or individuals’ portfolio.
With its supply chain focused portfolio construction designed to help address the overarching food systems problems, the?EATV?Plant-based Innovation & Climate ETF is leading the way for a more aggressive approach in helping to solve Climate Change by avoiding emissions in the first place.
“With?EATV, VegTech? Invest offers a distinct strategy that seeks to capitalize on the new food revolution paradigm of Plant-based Innovation and Alternative Proteins. EATV's investment approach seeks groundbreaking solutions that address the global food and material supply systems and works toward stabilizing food insecurity and reducing Greenhouse Gas Emissions.??Ethos is proud to partner with VegTech? Invest as we take actionable steps toward a net-zero economy,” says Ethos’ Dan Carreno.
"Why is this important? We would all like to keep global temperatures from rising over 1.5C. We constructed EATV to focus on investing in companies that are innovating for a more sustainable food supply system and by doing so, we help investors play their part in potentially mitigating rising global temperatures," adds CEO of VegTech??Invest, Elysabeth Alfano.
To view the Statement of Certification, click?here.
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GET YOUR PORTFOLIO IN CLIMATE SHAPE WITH EATV
WEBINAR: ?For the webinar on how investing in EATV could reduce the carbon footprint of your overall portfolio with CEO of VegTech? Invest, Elysabeth Alfano, EATV Fund Manager Dr. Sasha Goodman and the Founder of Ethos ESG Founder, Luke Wilcox, click?here.
The webinar is Wednesday, January 18 at 1:30p ET and takes place, like all of the VegTech? Invest webinars on the first and third Wednesdays at this time, live on the VegTech? Invest?Linkedin Page .
Groundbreaking Certification & Methodology: Carbon Neutral Without Buying Credits.?
The fund EATV was carbon neutral during the third and fourth quarters of 2022, based on data provided by VegTech? Invest and an independent assessment conducted by Ethos Impact Inc. (“Ethos ESG”).?
In order to identify emissions reduction potential, Ethos reviewed a variety of lifecycle analyses (assessments of the carbon footprint of a product over its entire "lifecycle") from the University of Michigan, Boston Consulting Group, and others. These analyses quantify the typical emissions reduction associated with converting from beef to plant-based meat, implementing green vertical farming, investing in plant-based products and innovations, and making other transitions to plant-based industry.
Ethos compared the estimated carbon footprint of the holdings in EATV (the Scope 1, 2 and 3 emissions that EATV is responsible for through its investment in each holding) with the expected impact of emissions that are avoided for each holding. Based on this analysis, Ethos determined that the aggregate carbon avoidance potential of all EATV holdings was greater than the estimated carbon footprint -- i.e., an investment in EATV results in a?net reduction of carbon (AKA Carbon Negative),?when considering the expected emissions avoided.
The certification is not intended to indicate “absolute” zero emissions, but rather the relative impact when compared to meat and other alternatives.
[1]?“A Beginner’s Guide to Climate Neutrality.”?1.5 degrees., A climate action blog, United Nations Climate Change, February 26, 2021.
[2]??Morach, Benjamin, et al. “The Untapped Climate Opportunity in Alternative Proteins: Food for Thought.” Boston Consulting Group, July 8, 2022.
Exchange Traded Funds (ETF) are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.?
The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus and summary prospectus (if available) contains this and other important information about the investment company, and it may be obtained by calling +1 424-237-8393 or visiting?https://EATV.VegTechInvest.com .?
The prospectus can be found at?https://eatv.vegtechinvest.com/assets/pdfs/VegTech_ETF_Prospectus.pdf ?.??Read it carefully before investing.?The holdings can be found at?https://eatv.vegtechinvest.com/full-holdings .?ETF is distributed by Quasar Distributions, LLC.
Investing involves risk including the possible loss of principal. ESG investing is defined as utilizing environmental, social, and governance (ESG) criteria as a set of standards for a company’s operations that socially conscious investors use to screen potential investments. The Fund’s policy of investing in companies as a means to promote positive climate change could cause the Fund to perform differently compared to similar funds that do not have such a policy. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index. Foreign securities may be more volatile and less liquid than domestic (U.S.) securities, which could affect the Fund’s investments. Stocks of companies with small and mid-market capitalizations involve a higher degree of risk than investments in the broad-based equities market. The fund is non-diversified and may hold large positions in a small number of securities. A price change in any one of those securities may have a greater impact on the fund's share price than if it were diversified. The Fund is newly organized and has a limited operating history to judge.?Past performance does not guarantee future results.?
Quasar is a subsidiary of the group of companies doing business as ACA Group and is an affiliate of Ethos ESG.?Neither?Quasar, nor any of its directors, officers, or staff, are involved in Ethos ESG’s certification process or pay for accreditation, nor does Ethos ESG consider affiliation as part of its certification analysis.