Investment in companies and funds tracking sustainable stocks and bonds stood at $5.2bn in 2019. It remained relatively low in the past six years before the jump in 2021, with 2016 recording the lowest value over the period at $3.7bn.
With investments into ESG projected to continue their rise, here are a few stocks to watch:
Viking Energy Group Inc. (OTCMKTS:VKIN) is a company to watch in the fast-growing ESG space. VKIN’s patented ESG Clean Energy System creates clean electricity by capturing and repurposing carbon dioxide emissions from combustion engines. The technology is useful for recycling operations, nitrogen removal, microgrids, data centers, and crypto mining operations; to name a few. The company’s Reno facility, capable of producing 43 million gallons of Renewable diesel annually, is 95% complete. VKIN will offer an alternative to crude oil, which will pique the interest of ESG investors in 2022. Get your research started before the crowd finds out about this gem.
Brookfield Renewable Partners L.P. (NYSE:BEP) stock has seen witnessing high volatility over the past few months with a fall of over 5% over the past month. Moreover, the stock has fallen 9% so far this year. On Monday, BEP stock was down 0.34% to $32.64 with more than 586k shares exchanged hands, below its average volume of 380K shares.
Algonquin Power & Utilities Corp. (NYSE:AQN) is another stock in the BioMass sector which has been showing consistent selling pressure. The stock has moved up 2% over the past one month. Moreover, the stock has jumfallenped 3% so far this year. The stock is trading above 5% from its 52-week low and 21% away from its 52-week high.
NexGen Energy Ltd. (NYSE:NXE) stock has been consolidating after the recent rally. NXE stock ended lower by 6.51% to $4.31 with more than 1.60 million shares exchanged hands, above its average volume of 2.3 million shares. The stock is trading above 69% from its 52-week low and 33% away from its 52-week high.
Vestas Wind Systems A/S. (OTCMKTS:VWDRY) is another stock in the biofuel sector which has been showing consistent fall. The stock has moved down 5% over the past one month. VWDRY stock closed lower by 2.46% to $9.12 in previous trading session with volume of 2.59 million shares, compared to its average volume of 573K shares.
