VanEck lists sustainable food ETF

CEO says production of food, especially meat, harms both the environment and health

food companies


Asset manager VanEck has listed the VanEck Sustainable Future of Food Ucits ETF on the London Stock Exchange and the Deutsche Börse Xetra.

The company said it invests in a pooled selection of innovative food companies from around the world and contribute to more sustainably produced food.

Martijn Rozemuller, CEO of VanEck Europe, said: “The production of food, especially meat, harms both the environment and health. This is due to fertilisers, weed killers and other artificial additives in livestock feed, hormones used in raising animals for slaughter, deforestation to make room for farms, air pollution from long transport routes and methane emissions from large farms.”

He added: “Without profound changes in agriculture and food production, the world will not be able to stop climate change. With all this in mind, consumers around the world are now demanding alternatives. The demand for cleaner, healthier and sustainable food is increasing.”

With the new ETF, investors will invest in about 35 stocks that are positioning themselves early for the transformation of the food industry. VanEck said that individual stock selection focuses on the areas of food technology, precision agriculture, and agricultural sustainability.


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