Europe Vegan Climate Index®

Beyond Investing - Investing for Humanity
  • The Europe Vegan Climate Index (VEGANE), developed by Beyond Investing is a passive, rules-based index of European large and mid cap stocks, screened according to vegan and climate-conscious principles.
  • VEGANE excludes companies engaged in animal exploitation, defense, human rights abuses, fossil fuels extraction and energy production, and other environmentally damaging activities.
  • VEGANE demonstrates that it is possible to obtain broad-based market exposure, whilst adhering to animal and environmentally-friendly principles.

Ticker: .VEGANE
Inception date: 3 June 2021

Benchmark: SEULMC Index
Calculation agent: Solactive AG

Number of stocks

Weighted average market cap

Beta

Tracking error

Excess return

163

€65.6bn

1.11

4.77%

-0.39%

Number of stocks

163

Weighted average market cap

€65.6bn

Beta

1.11

Tracking error

4.77%

Excess return

-0.39%

(annualised through 31 March 2025)

Live Index Price Performance

VEGANE Performance to 31 Mar 2025

(from 3 June 2021 to 31 March 2025)

Sector Comparison

SEULMCEN
VEGANE

Top 10 Constituents

  • SAP SE – 4.28%
  • ASML Holding NV – 3.86%
  • Allianz SE – 3.38%
  • Deutsche Telekom AG – 2.97%
  • Zurich Insurance Group Ltd – 2.71%
  • Schneider Electric SE – 2.61%
  • Munich Reinsurance Company – 2.58%
  • RELX PLC – 2.56%
  • AXA SA – 2.33%
  • ABB Ltd – 2.16%

(as at 31 March 2025)

Breakdown Of Exclusions

Animal testing - 23%
Animal-derived products - 16%
Financing of exclusions - 10%
Fossil fuel - 8%
Military and defence - 5%
Other environmental and human rights - 4%
Energy production from fossil fuel - 2%
Animals in sport and entertainment - 1%

(as at 31 March 2025)

Impact Metrics

Europe Vegan Climate Index Impact Metrics

Animal Impact

12,000 animals “spared” per $1 million of VEGANE invested in for one year.

The above figure is based on: land animals killed (17 billion), fish caught and farmed (298 billion), egg-laying hens (1.5 billion), dairy cows (60 million) and animals used for testing (26 million).
Europe proportion of global annual figures from National Center for Biotechnology Information, GreenFacts, FAOstat

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