Let us explore three ASX-listed ESG stocks for investors:
Apiam Animal Health (ASX:AHX) is a provider of health care equipment and services. Shares of the
company have given a year-to-date return of over 43%. The one-year return stands at nearly 26%.
The company earlier this year said that it has been working towards putting an end
to the mental health and suicide crisis gripping the vet market. It its Financial Year 21 financial
results, the company reported strong net profit growth on account of strong dairy and mixed
clinics performance. Some of the major highlights are that its Net profit after tax grew by 24%
compared to Financial Year 20. Revenue grew 6.6% compared to 2020 and Gross profit rose
11.2%, compared to 2020. The company also reported 5% increase in operating
cash flow and strong balance sheet supporting final year dividend of 1.2 cents per share.
ReNu Energy (ASX:RNE) is into the provision of commercial and technical solutions in the clean
energy sector. Shares of the company have given a year-to-date return of 40%. The one-year return
stands at over 86%. ReNu Energy recently announced that it has completed the first tranche of its
investment in Enosi Australia, announced on 10 September 2021. Tracing carbon-free energy has
fast become the next global sustainability benchmark to achieve goals of 24-hour 100%
renewable energy. ReNu Energy CEO Greg Watson said that the proposed investment in Enosi
is a part of advancing the company’s renewable and clean energy incubator and accelerator strategy.
Woolworths Group (ASX:WOW) is a popular brand in the Australian supermarket segment. Shares of the
company have given a year-to-date return of nearly 17%. The supermarket chain’s one-year return
stands at nearly 21%. Woolworths has committed to AU$700 million in bonds to boost its target
of reducing carbon emissions. Woolworths recently announced its intention to introduce a
new requirement for Australian team members to be vaccinated against COVID-19 in the coming months
unless they have a valid exemption. It’s believed this mandate will affect 170,000 workers.
Well, to sum it up, ESG investing is known to be a kind of investing that considers a company’s
financial returns along with its impact on environment, stakeholders, and planet. ESG
stands for Environmental, Social, and Governance. Investors have recently been drawn to ESG stocks
due to their decent financial performance, especially during the COVID-19 pandemic period.
Hope you enjoyed this video on three ASX-listed ESG stocks.