From plant-based foods, to alternative meat, to preventing food waste, and efficient irrigation, see below for the full list of every food and agriculture stock in Carbon Collective's Climate Index.
Food waste and agriculture are big greenhouse gas emitters.
One-fifth of global greenhouse gas emissions and 10% of US emissions in 2019 came from the agricultural sector. Livestocks like cows, agricultural soils, and rice production accounted for much of these emissions. The meat-centric Western diet perpetuates methane-emitting cattle-ranching and land-use dedicated to mono-cropping for feedstock - both unsustainable agricultural practices.
Food waste also contributes 4.4 gigatons of greenhouse gases into the atmosphere each year in the form of methane - roughly 8% of total anthropogenic emissions. In low-income countries, food waste is the result of weak infrastructure, lack of refrigeration, poor equipment or packaging, and combination of heat and humidity. In high-income countries, most of the food waste is intentional: retailers reject food based on their aesthetic imperfections, or consumers overestimate how much food they'll cook in a week.
Another big source of emissions are inefficiencies in farm irrigation. That's because pumping and distributing water requires energy, releasing emissions in the process. Particularly inefficient and detrimental is "flood" or "basin" irrigation, which submerges fields to water crops. This irrigation method remains the most common approach in many parts of the world, but can cause soil erosion and water depletion by diverting it from rivers and aquifers.
There are many solutions to food waste and agriculture emissions.
Emissions from cattle-raising can be mitigated through balanced diets. Plant-based and sustainably produced animal-sourced food can both curb the global warming potential of agriculture and help us lead healthier lives. Project Drawdown estimates that if 50-75% of the world's population restricts their diet to a healthy average of 2,250 calories a day and reduces meat consumption overall, the world can cut up to 68 gigatons of greenhouse gas emissions by 2050.
There are numerous and varied ways to address food waste, too. Things as simple as using better storage bags, silos, or crates while transporting and storing food can make a difference. Companies can also make products and solutions to extend the shelf-life of food, thereby delaying food waste.
As for making farm irrigation more efficient, a couple of irrigation methods are promising. Drip irrigation achieves 90% application efficiency, and sprinkler irrigates gets up to 70% precision. Project Drawdown estimates that if 286.5 million hectares of farmland worldwide can be irrigated using these methods (only 53.8 million hectares were watered by drip and sprinkler irrigation in 2018), they can save 68 billion gallons of water and 2.07 gigatons of CO2 emissions by 2050.
We need to do it fast.
Convincing every person in the world to go vegetarian or vegan is probably out of the question, especially in the short timeframe we have to combat climate change. But there are many companies that are making plant-based foods and protein sources, as well as alternative meat products, that would appeal to non-vegetarians and vegans. The challenge is for these companies to scale as fast as we need them to.
The same can be said about companies working on solutions to food waste and irrigation efficiency. We need more of these companies, but more crucially, we need the existing ones to expand.
Here are the publicly traded companies that are making it happen. This list represents all of the plant-based food, alternative meat, irrigation efficiency and food waste reduction stocks that make more revenue from Drawdown solutions than from fossil fuel-dependent business traded on the New York Stock Exchange (except for penny stocks whose share prices were less than $0.50 in our last update).
If you are a Carbon Collective member, you own all of these companies through the Climate Index.
Clean Energy Stocks in the Climate Index
Filters:
% ALLOCATED | Company Type | Company | Category | DESCRIPTION |
---|---|---|---|---|
0.02%
|
Pure Play
|
Agrofresh sells products like packaging solutions that extend the shelf life of food, preventing food waste from the spoilage of produce.
|
||
0.40%
|
Pure Play
|
Beyond Meat sells various plant-based meat products. It has partnered with various fast food chains like McDonald's, KFC, Taco Bell, and Pizza Hut.
|
||
-
|
Food Waste
|
Bioceres Crop Solutions
|
No Drawdown Solution
|
Bioceres' products help maximize crop yield, not reduce food waste, leaving them without a Drawdown solution
|
0.02%
|
Pure Play
|
Burcon makes plant-based products like plant proteins and dairy alternatives.
|
||
-
|
Nutrient Management
|
CF Industries Holdings
|
No Drawdown Solution
|
CF Industries creates nitrogen products for agriculture but they do not help promote nutrient management, a Drawdown solution
|
-
|
Food Waste
|
Corteva
|
No Drawdown Solution
|
BioCorteva's products help maximize crop yield, not reduce food waste, leaving them without a Drawdown solutionceres' products help maximize crop yield, not reduce food waste, leaving them without a Drawdown solution
|
-
|
Nutrient Management
|
Flexible Solutions International
|
Lacks Sufficient Information
|
Flexible Solutions International produces nitrogen conservation products, a Drawdown solution, but also produces products for the oil and gas industries. A revenue breakdown is not present
|
-
|
Food Waste
|
FMC
|
No Drawdown Solution
|
FMC's products help protect crops from pests, not reduce food waste, leaving them without a Drawdown solution
|
0.02%
|
Pure Play
|
Laird sells plant-based food, such as hydrate coconut water and renew plant-based proteins.
|
||
-
|
Perennial Staple
|
Limoneira
|
Failed Revenue Filter
|
Limoneira 's Drawdown revenue comes from growing avocados, a perennial staple crop. It however derives the vast majority of its total revenue from other non-perennial crops.
|
-
|
Efficient Irrigation
|
Lindsay
|
No Drawdown Solution
|
Lindsay sells different irrigation systems and offers repair services for those systems. It also sells moveable barrier systems that help in many applications such as highway reconstruction.
|
-
|
Food Waste
|
Marrone Bio Innovations
|
No Drawdown Solution
|
Maronne Bio's products help protect crops from pests, not reduce food waste, leaving them without a Drawdown solution
|
0.02%
|
Pure Play
|
Meatech 3D develops cultured meat products without animal slaughtering. In this process stem cells are collected without harming the animals, grown in reactors, diffentiated into fat and muscle cells, and finally formed into unstructured cultured meat products.
|
||
0.49%
|
Pure Play
|
Oatly sells plant-based dairy products made from oats.
|
||
0.02%
|
Pure Play
|
Save Foods sells post-harvest food acid and oxidizer blends that extend the shelf life of food, preventing food waste.
|
||
-
|
Nutrient Management
|
Sociedad Química y Minera de Chile
|
No Drawdown Solution
|
Sociedad Química y Minera de Chile sells fertilizer but not in a way that promotes nutrient management, meaning they do not produce a Drawdown solution.
|
0.05%
|
Pure Play
|
SunOpta sells plant-based foods and beverages, many of which use almond, soy, coconut, oat, or hemp.
|
||
-
|
Plant-based diet
|
Tattooed Chef
|
No Drawdown Solution
|
Tattooed Chef, sells vegetarian/vegan products, but in order to count towards the Drawdown solution of promoting a plant-based diet, a must not make products that include animal products.
|
0.28%
|
Passed Revenue Filter
|
Hain sells a variety of plant-based snack products like tortilla chips, whole grain chips, and pita chips.
|
||
0.33%
|
Passed Revenue Filter
|
Valmont Industries, derives its revenue in part from irrigation efficiency and improving grid flexibility, both Drawdown solutions, through the sale of precision irrigation solutions and structures for utility transmission and distribution, while receiving no revenue from products specifically built for the fossil fuel industry.
|
||
-
|
Plant-based diet
|
Whole Earth Brands
|
Fails Tobacco Filter
|
Whole Earth Brands makes plant-based consumer packaged goods, but it also makes flavored products used by the tobacco industry, thus failing the tobacco filter
|
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