Smells Fishy
These days, a big trend among people is to look for ways to help the environment, from using alternative transportation to reducing the amount of plastic we use. We as investors can also be environmentally friendly by investing in companies that we believe benefit the health of the Earth. For one, we can look at a country’s ESG rating, invest in green energy, and avoid companies with poor environmental practices. However, there is another thing we can do to reduce our carbon footprint – changing what we eat.
Fake meat or “mock” meat is nothing new, over the past few decades brands like MorningStar (a soy-based meat brand that began selling in 1975) has attempted to simulate the flavors and textures of meat. However, soy can only go so far before people realize “it’s just not the same”. Luckily, it’s 2021 and many companies are working on lab grown meats not derived from animals, and although they’re not perfect, they’re much closer to the real thing than purely soy-based replicas. In addition to making great tasting products companies such as Beyond Meat and Impossible Foods have transformed the landscape for beef products. However, when it comes to the ocean, a different company has stepped up to the plate: Gathered Foods has introduced plant-based seafood — including a fish-free filet and crab-free cake — a fresh addition to the industry and potentially tasty for any looking to go vegetarian. What do you think about plant-based fish, and would you try it?
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.
