The Future of Food Looks Beyond Meat
By Joy Yang, Global Head of Index Product Management
Inflation and food insecurity are changing the landscape of our food outlook, presenting both risk and opportunities for a transformational change in the food industry. Key drivers shaping disruption in the food industry are:
- Growing population – we need to feed more people.
- Imperative for environmental sustainably – we need to produce more food with less impact on our environment.
- Changing consumer preference – we are more careful about what we put in our bodies.
Disruption is an opportunity for growth.
The MVIS® Global Future of Food ESG Index (ticker: MVFOF) tracks the growth opportunity in the changing forces around food by capturing the multiple dynamics necessary to drive and benefit from the future of food. The index looks beyond an end food product such as protein or dairy alternatives, organic or health foods, plant-based or cultured meat (Beyond Meat Inc, BYND). MVFOF also includes:
- vertical or urban farming companies (Appharvest Inc, APPH);
- precision agriculture companies (Hydrofarm Holdings Group, HYFM);
- food flavors and functional ingredients companies (Sensient Technologies Corp, SXT).
This index supports sustainable food production and development, meeting the UN’s Sustainable Development Goals on Good Health And Well-Being, Responsible Consumption and Production, and Sustainable Cities and Commodities.
MarketVector Indexes GmbH has partnered with Institutional Shareholder Services (ISS) to use ISS ESG data in designing targeted Thematic ESG indexes. Combining MarketVector’s deep Thematic index experience with ISS broad ESG expertise will allow clients to build Thematic ESG indexes with the aim of capturing both positive financial performance and positive environmental impact.
For more information on our family of indexes, visit: www.mvis-indices.com
MVIS® Global Future of Food ESG Index
Source: MarketVector Indexes. All values are rebased to 1000. Data as of June 30, 2022.
About the Author:
Joy Yang is Global Head of Index Product Management at MarketVector Indexes. She is responsible for managing MarketVector Indexes products and services to accelerate innovation in financial index design and adoption. Joy brings more than 25 years of investment experience to MarketVector Indexes, having led teams delivering index and quantitative-active investment solutions at Arabesque Asset Management, Dimensional Fund Advisors, Vanguard, Aberdeen Standard Investments, AXA Rosenberg, and Blackrock. Joy has an MBA from the University of Chicago Booth School of Business, and a BS in Electrical Engineering from Cooper Union’s Albert Nerken School of Engineering.
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