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Stock impact report

Plant-Based Food Companies Face Critics: Environmental Advocates [New York Times, The]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Consumers and investors alike have gobbled up Beyond Meat's burgers, sausage and chicken in recent years, thanks at least in part to the company's message that its plant-based products are good for the environment. But some aren't so sure. One investor tracking firm gives Beyond Meat a zero when it comes to sustainability measures. Another rates it a “severe risk,” putting it on a par with the beef and chicken processing giants JBS and Tyson. “We don't feel we have sufficient information to say Beyond Meat is fundamentally different from JBS,” said Roxana Dobre, a manager of consumer goods research at Sustainalytics, a firm that rates the sustainability of companies based on their environmental, social and corporate governance impact. At first glance, it seems logical that plant-based food companies like the publicly traded Beyond Meat and its privately held competitor, Impossible Foods, would be better for the environment than meat processors like JBS. Those processors slaug Show less Read more
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