Climate change is posing an existential threat to the world. Businesses suffer a variety of risks as a result of climate change, including disrupted supply chains and higher insurance costs. Many businesses are concentrating on sustainability and adopting an environmentally friendly business style. Microsoft Corporation and Tesla are two examples of today’s environmentally friendly market leaders. From energy generation to semiconductor and automotive manufacturing, companies throughout the world are beginning to adopt greener and more sustainable business models.
Insider Monkey analyzes the 12 best environmental stocks to invest in. FuelCell Energy, Inc. is a leading developer and manufacturer of molten-carbonate fuel cell technology. In the United States, England, Switzerland, Germany, and South Korea, the company offers renewable energy goods and services. In the last 12 months, investors have received a return of more than 232 percent on their investment in FuelCell Energy stock. Enbridge Inc. is ranked 11th out of the top 12 environmental stocks to buy. The company’s revenue climbed 4.4 percent to $9.4 billion in the first quarter. ENB’s stock has also risen by 5% in the last month. On the list of the 12 best environmental stocks to invest in, Brookfield Renewable Partners L.P. is ranked 10th. With a market capitalization of $10.3 billion, the company has a renewable power portfolio with a capacity of roughly 21,000 MW. On the list of the 12 best environmental stocks to invest in, First Solar, Inc. is ranked 9th. The company’s first-quarter revenue in 2021 was $803 million, up from $532 million in 2020. The 8th greatest environmental stock to invest in is Sony Group Corporation. Electronics, game consoles, instruments, and other consumer devices are all manufactured by the corporation. Sony’s Road to Zero sustainability plan seeks to achieve a carbon footprint of zero by 2050. Click 12 Best Environmental Stocks to Invest In for more details.
