Riding the Green Wave: A Beginner’s Guide to Sustainable Investing
A global call to action 🌎
Welcome the era of change. In 2024, the world —and the stock market— is buzzing with a newfound consciousness about climate change. From wildfires to floods, Mother Earth is sending us urgent messages, and the world is responding.
One key player in this positive shift? Sustainable investing. There’s plenty to get involved with, so let’s dive right in.
Hydroelectricity: Power from flowing water
Water, the OG renewable resource. Did you know the ancient Greeks used water power for grain mills? Fast forward to today, and mega-projects like China's Three Gorges Dam are supplying electricity to millions.
Hydropower is not only ancient but also cost-efficient, according to the International Renewable Energy Agency (IRENA).
Wind power: Harnessing the breezy boom
Wind energy is soaring. In 2020, China led with 55.91% of new wind power installations, followed by the U.S. at 18.19%. Major players such as General Electric (GE) is a major player in the wind turbine game, too.
If you fancy wind farms or turbine manufacturers, keep an eye on:
General Electric (GE): A proven track record in other forms of energy generation.
Solar energy: The sunshine revolution
Imagine a world with sun-powered everything. Homes, buildings, lights – you name it.
Stocks to watch:
Enphase Energy (ENPH): From components to installation, they do it all.
Impact meets growth: Investing in a thriving future
Sustainable development isn't just about being kinder to the planet; it's about building a prosperous future.
Cities like Copenhagen are leading the green charge, and companies like Tesla are revolutionising transportation. It's not just an investment; it's a bet on a future where environmental responsibility fuels economic prosperity.
Like we’ve always said at NuWealth: Invest in what matters to you, and if sustainable energy lights your fire, then you’ve got plenty of choice here.
Weaving social impact into finance: Profits with a purpose
The lines between financial returns and social responsibility are blurring. Socially responsible investing (SRI) is no longer niche; it's mainstream.
Companies like Unilever, available on NuWealth as both a fractional share, and as part of several ETFs, are champions of social justice through their products and practices.
It’s time to start diversifying your portfolio with companies known for strong ESG practices and active engagement in social impact initiatives.
Be the change, invest sustainably
Remember, sustainable investing isn't just about maximising profits; it's about aligning wealth with values. Explore emerging themes and become a pioneer in the exciting frontier of sustainable investing. Be the change you want to see in the world!
Speaking of efficiency, these ETFs will give you a slice of several sustainable energy pioneers with a single investment.
When investing your capital is at risk. This is not financial advice.