Vegetarian Express - Bridges Fund Management

    

    



	
	
	
	
	
	
	
	
	
	
	
	





















    
	            
			    
    



		
		    

    
    
    





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Vegetarian Express

Helping to mitigate greenhouse gas emissions by promoting plant-based food ingredients

Investment Strategy

Growth Business

Theme

Sustainable Planet

Date of initial investment

September 2016

Bridges Executives

Emma Thorne
Daniel Knight
Oliver Wyncoll

Thesis

Meat and dairy products have been a core source of protein in our diets for centuries. However, industrial farming practices are causing huge environmental damage: animal agriculture accounts for more than 14% of all global greenhouse gas (GHG) emissions, while the demand for  farmland is driving wildlife extinction and loss of biodiversity.

In parallel, consumer demand for plant-based foods and less resource-intensive eating habits continues to grow, driven by health, ethical and environmental concerns. As conventional meat-based diets become less attractive, there is a clear opportunity to fill this gap and ensure alternatives are attractive and accessible for consumers.

Investment

Established in 1987, Vegetarian Express is a leading supplier and promoter of plant-based foods to the UK food service industry. It provides specialist plant-based ingredients, development support, and menu inspiration to 4,000+ chef customers, ranging from contract caterers to hotels, colleges, independent restaurants, catering groups and, more recently, direct to consumers.

Outcomes

By supplying more accessible plant-based foods, along with inspiring menus, Vegetarian Express taps into the growing consumer demand for healthier, less resource-intensive eating options and helps reduce CO2 emissions: 26% of Vegetarian Express ingredients directly replace meat and dairy; in 2020, the company’s efforts averted 4,500 tonnes of CO2 emissions from meat/dairy reductions. The company is also ISO 140001 certified, meaning that it has an effective environmental management system.

www.vegetarianexpress.co.uk