VegTech and EATV Receive ‘Groundbreaking’ Carbon Neutral Certification Without Buying Credits
VegTech Invest Plant-based Innovation & Climate ETF (NYSE: EATV) announces it has received what it calls groundbreaking certification from climate services firm Ethos ESG. The certification awarded to EATV, Carbon Neutral Without Buying Credits, is reportedly the first such recognition from Ethos. According to VegTech, while most of Ethos’ Carbon Neutral Certifications compare the carbon footprint of a portfolio with purchased offsets, the Plant-based Innovation Certification promoted by EATV considers carbon emissions avoided by replacing animal products with a less carbon-intensive food and materials supply chain. This means investments made by EATV are proactively helping to reduce carbon emissions – by avoiding the creation of emissions – rather than using offsets as a “band-aid” solution. “Offsets are really important for mitigating global warming, but it …
