The company is committed to act in support of issues
embodied in the United Nations Sustainable Development Goals
(SDGs)
REHOVOT, Israel, May 23, 2022
/PRNewswire/ -- MeaTech 3D Ltd. (Nasdaq: MITC) ("MeaTech"), an
international deep-tech food company at the forefront of the
cultured meat industry, is pleased to announce that it has joined
the United Nations Global Compact initiative, a voluntary
leadership platform for the development, implementation and
disclosure of responsible business practices.
MeaTech is proud to join leading companies around the world that
are committed to taking responsible business action to help build a
sustainable future. The UN Global Compact is a call to companies
worldwide to align their operations and strategies with ten
universally accepted principles in the areas of human rights,
labor, environment, and anti-corruption, and to act in support of
UN goals and issues embodied in the Sustainable Development Goals
(SDGs).
Launched in 2000, the UN Global Compact is the largest corporate
sustainability initiative in the world. As a requirement for
participation in the initiative, MeaTech will submit an annual
Communication on Progress (COP) describing the company's efforts to
implement the Ten Principles. The company supports public
accountability and transparency and will report on progress within
one year and annually thereafter.
Arik Kaufman, MeaTech's Chief
Executive Officer, said: "MeaTech is proud to commit to the
principles of the UN Global Compact. Not only are these principles
in line with our own specific business goals as a leading cultured
meat company, but we also believe that it is incumbent on all
businesses and organizations to act ambitiously as a global
community to solve the sustainable development challenges facing
our planet."
View our profile on the UN Global Compact website:
https://www.unglobalcompact.org/what-is-gc/participants/151531-MeaTech3D-Ltd
About MeaTech
MeaTech is an international deep-tech food company at the
forefront of the cultured meat revolution. The company initiated
activities in 2019 and is listed on the Nasdaq Capital Market under
the ticker "MITC." MeaTech maintains facilities in Rehovot,
Israel and Antwerp, Belgium and is in the process of
expanding activities to the US. The company believes cultivated
meat technologies hold significant potential to improve meat
production, simplify the meat supply chain, and offer consumers a
range of new product offerings.
MeaTech aims to provide an alternative to industrialized animal
farming that dramatically reduces carbon footprint, minimizes water
and land usage, and prevents the slaughtering of animals. With a
modular factory design, MeaTech aims to offer a
sustainable solution for producing a variety of beef, chicken
and pork products, both as raw materials and whole cuts.
For more information, please visit:
https://meatech3d.com.
Forward-Looking Statements
This press release contains forward-looking statements
concerning MeaTech's business, operations and financial performance
and condition as well as plans, objectives, and expectations for
MeaTech's business operations and financial performance and
condition. Any statements that are not historical facts may be
deemed to be forward-looking statements. Forward-looking statements
reflect MeaTech's current views with respect to future events and
are based on assumptions and subject to known and unknown risks and
uncertainties, which change over time, and other factors that may
cause MeaTech's actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Forward-looking statements include, without limitation,
any statement that may predict, forecast, indicate or imply future
results, performance or achievements, and are typically identified
with words such as "may," "could," "should," "will," "would,"
"believe," "anticipate," "estimate," "expect," "aim," "intend,"
"plan" or words or phases of similar meaning and include, without
limitation, MeaTech's expectations regarding the success of its
cultured meat manufacturing technologies it is developing, which
will require significant additional work before MeaTech can
potentially launch commercial sales; MeaTech's research and
development activities associated with technologies for cultured
meat manufacturing, including three-dimensional meat production,
which involves a lengthy and complex process; MeaTech's ability to
obtain and enforce its intellectual property rights and to operate
its business without infringing, misappropriating, or otherwise
violating the intellectual property rights and proprietary
technology of third parties; and other risks and uncertainties,
including those identified in MeaTech's Annual Report on Form 20-F
for the fiscal year ended December 31,
2021, filed with the Securities and Exchange Commission on
March 24, 2022. New risks and
uncertainties may emerge from time to time, and it is not possible
for MeaTech to predict their occurrence or how they will affect
MeaTech. If one or more of the factors affecting MeaTech's
forward-looking information and statements proves incorrect, then
MeaTech's actual results, performance or achievements could differ
materially from those expressed in, or implied by, forward-looking
information and statements contained in this press release.
Therefore, MeaTech cautions you not to place undue reliance on its
forward-looking information and statements. MeaTech disclaims any
duty to revise or update the forward-looking statements, whether
written or oral, to reflect actual results or changes in the
factors affecting the forward-looking statements, except as
specifically required by law.
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MeaTech Press Contact:
Maissa Dauriac
Rainier Communications
mdauriac@rainierco.com
MeaTech Investor Contacts:
Joseph Green
Edison Group
jgreen@edisongroup.com
Ehud Helft
Edison Israel
ehelft@edisongroup.com
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SOURCE MeaTech 3D Ltd.