Alternative proteins are promising to be the growth engine food for the food industry. Early integration of ESG risks and opportunities will help companies, and their investors, avoid the pitfalls of the conventional protein industry.
Although still a relatively nascent market, representing approximately 1% of the total protein market, alternative proteins are predicted to reach $17.9 billion by 2025. The long-term opportunity is even greater. Sales are estimated to rise by up to $1.1 trillion by 2040, eating up 60% of the total meat market.
FAIRR is working to build a standardised framework that will help investors conduct adequate due diligence and drive transparency and better disclosures on ESG investment risks in the alternative protein sector.