- CEO
- Zhi Yang
- Full Time Employees
- 225
- Sector
- Consumer Defensive
- Industry
- Agricultural Farm Products
- Address
- 523 School House Road Kennett Square PA United States of America 19348
- IPO Date
- Jul 14, 2023
- Business
- ESG Inc. ESG Inc. (ESGH) operates as a holding company focused on sustainable, plant-based food ingredients, production, and distribution businesses within the consumer staples sector. The company engages in the research and development, composting, cultivation, processing, packaging, and distribution of white button mushrooms and related products; mushroom-based snacks; mycelium brewing technology applications for protein substitutes, animal leather alternatives, and industrial materials; as well as import and export services through its operating subsidiaries in China and planned joint ventures in Japan, South Korea, and the United States. Headquartered in Kennett Square, Pennsylvania—the mushroom capital of the world—and incorporated in July 2021 as a Nevada corporation, ESG Inc. targets health-conscious consumers pursuing plant-based alternatives to traditional snacks and animal products, with geographic operations spanning the United States, China, Southeast Asia, Japan, and South Korea, supported by eco-friendly initiatives like roof-solar panel systems for green energy in composting and growing facilities. In recent developments, the company completed a share exchange agreement in November 2023 with ESG Inc. (predecessor entity), followed by a merger with Plasma Innovative Inc. on November 22, 2023, whereby Plasma Innovative Inc. survived and changed its name to ESG Inc. with the trading symbol shifting from PMIN to ESGH; entered a consulting agreement with AUFP in December 2023 for mushroom spawn purchasing services generating $180,000 through September 2024; and changed its name officially from Plasma Innovative Inc. to ESG Inc. effective February 23, 2024.