Plant-based meat substitutes
Meat substitute company founded in Los Angeles in 2009 by Ethan Brown. Has partnerships with several major retailers and fast food chains including McDonalds and Yum Brands.
|Beyond Meat Inc||USA||website|
|Beyond Meat Inc|
This company received an S&P Global ESG Score of 9/100 in the Food Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2022 rankings the public identified 19 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 818th of 954 companies, and 30th of 35 Food, Beverage & Tobacco companies.
Source: JUST Capital (2022)
A class action filed against this company in 2022 alleges that Beyond Meat misleads consumers about the quality and amount of protein in its substitute meat products. Beyond Meat not only miscalculates the protein content of its substitute meat products, but also misleads consumers by falsely advertising that they "provide equivalent nutritional benefits to that found in traditional meat-based products," the Beyond Meat class action alleges.
Source: Top Class Actions (2022)
Beyond Meat was in a legal dispute from 2019 until 2022 with their former business partner and supplier, Don Lee Farms. This was prompted by Beyond Meat's switch to different suppliers, who they then shared details with about the manufacturing process. In 2022 "the parties entered into a confidential written settlement agreement", dropping all charges against each other.
Source: news article (2022)
This company is a member of the Plant Based Foods Association (PBFA), who represents more than 90 of USA's leading plant-based food companies. The PBFA's mission is to promote the plant-based foods industry by removing obstacles to a fair and competitive marketplace for alternatives to animal ingredients and products.
Source: PBFA (2022)
This company has products that have been verified as compliant with the Non-GMO Project Standard, North America's only independent verification for products made according to best practices for GMO avoidance.
Source: Non-GMO Project (2021)
|Revenue||407 million USD (2020)|
|Address||El Segundo, California, USA|
Products / BrandsBeyond Meat
Beyond Meat Vegetarian & Vegan