Alternative Proteins
Assessing Alternative Proteins
KPI | Scope | Key Criteria | Best Practice |
|---|---|---|---|
Diversification of products to alternative protein sources | All proteins | Extent of alternative protein product portfolio | Best practice is awarded when the company has a dedicated alternative protein brand and/or products across multiple protein categories. |
Diversification of products to alternative protein sources | All proteins | Future growth potential (R&D, venture investments, acquisitions) | Best practice is awarded when the company invests in R&D or expands production capacity Best practice is awarded when the company has venture investments in protein-related food technologies or acquisitions of alternative protein brands |
Diversification of products to alternative protein sources | All proteins | Discusses materiality of transitioning business model to reduce reliance on animal protein | Best practice is awarded when company publishes external communications acknowledging protein diversification as a material business issue. Best practice is awarded when company tracks and reports revenues linked to protein sources |
Diversification of products to alternative protein sources | All proteins | Setting targets and measuring revenues linked to alternative protein sources | Best practice is awarded when company sets a target/goal to diversify protein sources and discloses progress against targets set to diversify protein sources |
Alternative Proteins 2023 Changes
No major changes in 2023.
Alternative Proteins Aligned Subject-matter Experts & Frameworks
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