Almost nobody would connect veganism with the banking sector. However, finance is crucial to plant-based developments – not least because of investments. No wonder, then, that the bank ING is taking an eye on climate change, the (plant-based) food sector and has even conducted a market research called “The Protein Shift”. We have spoken to Thijs Geijer – Senior Economist at ING – about their research and the most important insights.
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Beyond Meat Hires Investment Banks for IPO
The well-known American vegan food manufacturer Beyond Meat has, according to a CNBC report, begun to hire various investment banks for a future IPO. The planned IPO (Initial Public Offering) will be the first public offering by an innovative new company producing vegan and vegetarian meat products.