Green economy
Julio 15, 2021 - < 1 min

New investment fund for food companies with social and environmental goals

New ESG investment alternative

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Credit Suisse and JPMorgan Chase are preparing a new investment fund that will focus on publicly traded companies in the food sector that are addressing the links between nutrition, health, biodiversity and climate, with special emphasis on the social and environmental aspects of nutrition, according to a Credit Suisse statement quoted by Bloomberg. The socio-environmental dilemma facing the food industry is multifaceted: around 700 million people worldwide suffer from malnutrition while 1.3 billion are obese or overweight; food systems, meanwhile, are responsible for 20% of greenhouse gas emissions and 90% of the planet's fresh water consumption. The fund is part of a strong trend in the markets to invest in companies with environmental, social and governance (ESG) commitments.