Environmental, social, and governance (ESG) investing continues to reshape America’s private sector. It may soon help dictate the food served at a hospital near you.
The boards of directors for several major American healthcare companies have been sent shareholder proposals from proxy-holders of U.S. Climate Vegan ETF, an exchange-traded fund from the vegan investment firm Beyond Investing. Launched in 2019, it marked the first vegan ETF on Wall Street. Its website states that it maintains “rigorous ESG standards.”
An ambulance drives by Brigham and Women’s Hospital, part of it will be a COVID-19 testing site in Boston, Mass., on March 7, 2020. (Joseph Prezioso/AFP via Getty Images)
What do vegan impact investors want? In this specific case, plant-free food options in hospital cafeterias and vending machines, as well as for every meal served to inpatients….