News from our organization

Year 2021

18 June 2021: Vegan Finance LLC will participate to the VEGAN FINANCE WEBINAR organized by ESSEC business school “From Animal Welfare Awareness to Vegan Finance” at 1:40 pm: “Vegan Rating Methodology and Challenges”. Furhter information see the full program of the webinar.

January 2021: Vegan Finance LLC is very pleased to welcome a new volunteer that will help to analyze and rate US listed companies from the S&P500.

Year 2020

August 2020: In a public consultation Vegan Finance LLC has proposed to the European Securities and Markets Authority (ESMA) a list of mandatory indicators and metrics that include the following themes:

  • Improvement of animal welfare (free-cage, testing,…)
  • Reduction of pesticides
  • Reduction of intensive agriculture
  • Reduction of fish farming
  • Reduction of all forms of fossil energies (liquid, gaseous, and solid)
  • Reduction of nuclear energies
  • Technical details to avoid greenwashing practices
  • Biodiversty protection
  • Plant-based products
  • Alternatives to animal testing
  • Innovations in animal-welfare

Our detailed response to the EU is here and now on ESMA website page dedicated to SFDR (Sustainable Finance Disclosure Regulation). Please feel free to contact us at contact@veganfinance.org if you have any question. For more information about the related-to-animals answers fom Asset Managers and Instutional Investors to the SFDR consultation, please see the World News section.

May 18th, 2020: published article on Vegan Finance LLC “Ratings from a vegan perspective” by Asset News (AGEFI) at this link or you can find here a pdf version of this article.

Year 2018

January 29th, 2018: Vegan Finance response to Public Consultation of the SASB on their standards. We have communicated:

  • Arguments to include Animal-welfare topic
  • Proposal of animal-related metrics

All public Comments on the Exposure Draft Standards are here.

Note: The SASB standards identify material issues that are reasonably likely to impact the financial or operating performance of a company and therefore are most important to investors.

October, 2018: 10 months after the SASB public consultation, the new version of the SASB standards incorporates animal-welfare criteria. For instance, the “Meat, Poultry and Dairy” industry should be screened with the following metrics:

  • Percentage of pork produced without the use
    of gestation crates
  • Percentage of cage-free shell egg sales
  • Percentage of production certified to a third-party
    animal welfare standard

Sources: SASB materiality map, SASB standards