The New York Stock Exchange is going Vegan

​Vegans can now invest in the stock market and feel good about the companies they are investing in.  Ticker VEGN, The US Vegan Climate ETF, will be launched on September 10th of this year and will correlate to the price movements of stocks in its Index.  Those stocks as you might have guessed will be stocks of companies whose business models do not rely on animal testing and animal-derived products and removes fossil fuel and environmental threats such as plastic and agrochemicals, which are harmful to wild animals.  Beyond Investing CEO Claire Smith has said “So many compassionate people go to great efforts to avoid buying products that contain animal ingredients or have been subject to cruel testing, but when it comes to their investment options, they’re actively, albeit often unwittingly, supporting companies and industries that exploit and torture animals. Our ETF offers them the opportunity to invest in line with their values. And because we love humans as much as other animals, we have defense and human rights screens as well.”  Great forward thinking idea and interested to further research what companies will comprise the Index.  Start planning your 401k accordingly

---