Ethical Foods Fund to Support Early-Stage, Values-Based Canadian Companies Driving Future of Sustainable Food
Williams will manage EFF alongside PS&Co CEO Bob Stamnes, who brings decades of experience in the development of Corporate Social Responsibility and mission-based marketing for some of Canada’s leading companies. All companies suppod by the Ethical Foods Fund are assessed by social and purpose-based criteria and determined to be in line with B Corp certification requirements — whereby they are scored on environmental and social performance and trajectory, along with other investment KPIs. “Our approach begins with the ethical treatment of employees on farms and in factories, and extends all the way to the end of the food production cycle with compostable packaging,” Stamnes said. A recent report from Boston Consulting Group assed that, with 25 percent of global GHG emissions caused by the food value chain, food system innovations — specifically, alternative proteins - may be the most capital-efficient and high-impact solution to addressing the climate crisis. And there's no shortage of investment opportunity - the food tech world has come alive in recent years as bold, nimble entrepreneurs continue to unveil potentially game-changing solutions to the many failings of our modern food system.