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Tyson, World’s Largest Processor of Meat, Invests in Beyond Meat and Plant-Based Protein
With a decline of 30 percent in meat consumption, Tyson sees the writing on the wall
Tyson, World’s Largest Processor of Meat, Invests in Beyond Meat and Plant-Based Protein | One Green Planet
While this might seem out of the ordinary for Tyson Foods, the parent company of brands like of Jimmy Dean, Ball Park Franks, and Hillshire Farms, Tyson shareholders recently filed a resolutions report urging the company to make changes to certain environment, social, and governance policies, specifically mentioning the burgeoning plant-based movement and consumer concerns over animal welfare, among other things. And Tyson’s shareholders are hardly the only to express concern. Following in line with encouraging meat companies to get on the plant-based bandwagon, in September 2016, a $1.25 trillion coalitions of investors signed on to urge companies such as Kraft Heinz, Nestle, Unilever, Tesco and Walmart to look into plant-based products. In addition, the venture capital arm of General Mills invested a number of plant-based companies including Kite Hill and Beyond Meat, and Pinnacle Foods (packaged meat producer) acquired Gardein, a plant protein company.
With a decline of 30 percent in meat consumption, Tyson sees the writing on the wall
Tyson, World’s Largest Processor of Meat, Invests in Beyond Meat and Plant-Based Protein | One Green Planet
While this might seem out of the ordinary for Tyson Foods, the parent company of brands like of Jimmy Dean, Ball Park Franks, and Hillshire Farms, Tyson shareholders recently filed a resolutions report urging the company to make changes to certain environment, social, and governance policies, specifically mentioning the burgeoning plant-based movement and consumer concerns over animal welfare, among other things. And Tyson’s shareholders are hardly the only to express concern. Following in line with encouraging meat companies to get on the plant-based bandwagon, in September 2016, a $1.25 trillion coalitions of investors signed on to urge companies such as Kraft Heinz, Nestle, Unilever, Tesco and Walmart to look into plant-based products. In addition, the venture capital arm of General Mills invested a number of plant-based companies including Kite Hill and Beyond Meat, and Pinnacle Foods (packaged meat producer) acquired Gardein, a plant protein company.
