Investing in green stocks23.08.2021by Philippe Orphanides
It has become both fashionable and commendable to invest in green stocks. And, unlike a few years ago, they are even becoming profitable.
As states are increasingly turning to green energy, investing in ecological transition is therefore becoming a must at all levels: ecological, ethical and financial.
Investing in green stocks is above all a commitment to a better world and a cleaner planet. Engaging in renewable energies means adopting them but also participating in the growth of companies engaged in development.
The definition of ethical investing has evolved. Where it initially concerned passively compliant companies, it is directed today at companies that show real commitment to positive impact.
The European Green Deal and the US return in the Paris climate agreement have triggered a flow of several hundred billion euros into green investments.
Here’s a closer look at green stocks that matter for the environment, consumption and the future:
Since its creation in 2003, Tesla has been at the forefront of electric car innovation and is now the global leader in electric car manufacturing. It engages in full transparency by disclosing the ecological impact of all of its activities, from manufacturing to battery recycling and supply chain. The company has recently invested in renewable energy with the purchase of Solar City.
Beyond Meat is an American company created in 2009 that manufactures vegetable protein products as an alternative to meat. All “Beyond Meat” products are based on pea protein. Supported by public figures such as Bill Gates or Leonardo di Caprio, the company aims to act in favour of ecology and against climate change by reducing meat consumption, as livestock are a massive contributor to deforestation on the planet. The plant-based alternative meat market is expected to grow at a CAGR of 14% and is anticipated to reach around USD 9.43 Billion by 2026. In 2020, Beyond Meat inaugurated its first co-manufacturing facility in Europe, the Netherlands.
E.ON SE operates as an international and privately-owned energy supplier. The Company’s main segments are renewable, developing and operating renewable assets, energy networks, power and gas distribution business, and customer solutions that develop energy solutions. In March this year, the company announced that it had successfully issued a 750 million-euro green bond, the very first green bond fully aligned with EU taxonomy.
Bloom Energy is a US energy services company that installs solid oxide fuel cells on the premises of third-party companies and then sells them the electricity that these cells generate. Bloom Energy’s technology is the most advanced thermal power generation technology on the market today. Bloom Energy’s technology can be used to create hydrogen, which is increasingly recognized as a critically important tool needed to fully decarbonise the energy economy.
Green and sustainable shares
Ethical shares such as Tesla, E.ON, Bloom Energy and Beyondmeat can be accessed on our trading platform. Investors can choose to either buy or sell CFDs on these green equities.
Disclaimer: This article is not investment advice or an investment recommendation and should not be considered as such. The information above is not an invitation to trade and it does not guarantee or predict future performance. The investor is solely responsible for the risk of their decisions. The analysis and commentary presented do not include any consideration of your personal investment objectives, financial circumstances, or needs.