15 Biggest ESG Companies in the World

In this article, we’ll take a look at 15 of the world’s biggest ESG companies. If you want to see the world’s biggest ESG companies, go live. The 5 Biggest ESG Companies in the World.

As the rapid growth of electric vehicles shows, consumers are increasingly interested in environmental sustainability. Although it may cost a bit more, it is worth it to many consumers if it helps save the environment and fight against climate change.

Over the years, investors have become more interested in sustainability than simply prioritizing profits. For ESG investors, if it helps make the world more sustainable, it’s not worth the high returns.

Although ESG originated in the 1960s as socially responsible investing, ESG investing has grown significantly in recent decades. One reason is that global warming is a much bigger problem now than it was in the 1960s. Another reason is that ESG activists can make a huge difference in their calls for greater income equality or better corporate governance in the face of the Internet. With the Internet, many people also realize that our world is not sustainable on its current path unless we help make it better.

ESG

ESG stands for Environmental, Social and Governance. In ESG investing, investors assess how well a company addresses environmental issues such as reducing carbon emissions, social issues such as how companies support their communities, and management diversity such as governance issues. Performs.

In ESG investing, an investor may choose to invest in a company that performs well on ESG issues but is valued slightly higher than a company with similar characteristics but does not perform as well on ESG. Is.

Given changing consumer behavior, ESG investing can also add value. McKinsey explains,

Although there may be wide discrepancies in practice, including customers who refuse to pay more than 1 percent, we found that consumers surveyed on purchases in a number of industries, including the automotive, building, electronics, and packaging categories More than 70 percent of them said they would pay an extra 5 percent for a green product if it met the same performance standards as a non-green alternative. In another study, nearly half (44 percent) of the companies we surveyed identified business and growth opportunities as the motivation for launching their sustainability programs. The payments are real. When Unilever developed Sunlight, a brand of dishwashing liquid that used much less water than its other brands, sales of Sunlight and Unilever’s other water-saving products increased the category in water-scarce markets. increased the growth by more than 20 percent. And Finland’s Nestlé, founded more than 70 years ago as a traditional petroleum refining company, now generates more than two-thirds of its profits from renewable fuels and sustainability products.

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2022

While many ESG companies have growth potential, 2022 has been a difficult year for the market. To fight inflation, the Federal Reserve has raised interest rates six times this year alone, and many analysts believe the central bank may continue to raise them further.

Although October inflation was lower than expected and the market has picked up recently, there is still uncertainty and potential downside if economic data does not meet expectations.

As a result, it can be a good idea for long-term investors to own a diversified portfolio of stocks in many different sectors.

5 Most Diverse Countries in the World

5 Most Diverse Countries in the World

Procedures

For our list of the 15 largest ESG companies in the world, we took the 15 largest stocks by % of the fund from the Vanguard ESG US Stock ETF (ESGV) and we ranked them based on their market capitalization as of November 12. Reclassified them. Alphabet Inc Class A Shares (GOOGL) As we already included Alphabet once in the list.

We added to our database the number of hedge fund holders who held shares in the same stock at the end of Q2 2022.

15 of the World’s Biggest ESG Companies

15. Pfizer Inc. (NYSE:PFE)

Market capitalization as of November 12: $267.19 billion

Number of hedge fund holders: 70

Pfizer Inc. (NYSE:PFE) is a company that positively impacts patients and society through scientific breakthroughs in medicine. Pfizer Inc. (NYSE:PFE) describes its 2021 year, “Never before has our impact been so broad when it comes to the number of patients treated or vaccinated with a Pfizer product. We estimate Reached 1.4 billion patients. Medicines and vaccines – nearly one in six people on Earth. Even when we separate out our breakthrough COVID-19 products, we still reached an estimated 424 million patients globally. Treated.” As of November 12, Pfizer Inc. (NYSE:PFE) has a market capitalization of $267.19 billion.

14. Bank of America Corporation (NYSE:BAC)

Market capitalization as of November 12: $308.14 billion

Number of hedge fund holders: 99

Bank of America Corporation (NYSE:BAC) is a leader in ESG because its employees have volunteered millions of hours to support the community. Bank of America Corp. (NYSE:BAC) also has a 2030 goal to be carbon neutral and significantly reduce its waste by that year. As of 11/12, Bank of America Corporation (NYSE:BAC) had a market capitalization of $308.14 billion.

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13. The Home Depot, Inc. (NYSE: HD )

Market capitalization as of November 12: $322.41 billion

Number of hedge fund holders: 80

Home Depot, Inc. (NYSE:HD) has made its business more sustainable as it has cut its U.S. store electricity use by nearly half since 2010. 100% renewable electricity equivalent generation or acquisition by 2030. As of November 12, The Home Depot, Inc. (NYSE:HD) has a market capitalization of $322.41 billion.

12. Mastercard Incorporated (NYSE:MA)

Market capitalization as of November 12: $326.21 billion

Number of hedge fund holders: 137

Mastercard Incorporated (NYSE:MA) aims to reduce its carbon footprint and achieve net zero emissions by 2040. Additionally, Mastercard Incorporated (NYSE:MA) is developing innovative solutions that unite its customers, partners and consumers in climate action. Mastercard Incorporated (NYSE:MA) has a market capitalization of $326.21 billion as of November 12.

11. The Procter & Gamble Company (NYSE:PG)

Market capitalization as of November 12: $334.06 billion

Number of hedge fund holders: 71

Procter & Gamble Company (NYSE:PG) has an ambitious 2030 goal where 100% of its packaging will be recycled or reusable by the end of the decade. Procter & Gamble Co. (NYSE:PG) also hopes to use 100% renewable electricity by this year and cut GHG emissions in half at P&G sites. As one of the leading consumer companies, The Procter & Gamble Company (NYSE:PG) making its products more sustainable and producing less waste would be good for the world. As of November 12th, The Procter & Gamble Company (NYSE:PG) ranks #11 on our list of the 15 largest ESG companies in the world with a market capitalization of $334.06 billion.

10. Eli Lilly & Company (NYSE:LLY)

Market capitalization as of November 12: $334.75 billion

Number of hedge fund holders: 70

Eli Lilly and Company (NYSE:LLY) is an ESG leader whose company expands access to medicines that help improve lives and communities. Eli Lilly and Company (NYSE:LLY) is reducing its environmental footprint while also empowering a diverse workforce. As of 11/12, Eli Lilly and Company (NYSE:LLY) has a market capitalization of $334.75 billion.

9. JPMorgan Chase & Co. (NYSE:JPM)

Market capitalization as of November 12: $396.86 billion

Number of hedge fund holders: 104

JPMorgan Chase & Co. (NYSE:JPM) aims to “finance and facilitate more than $2.5 trillion over 10 years to address climate change and contribute to sustainable development.” If JPMorgan Chase & Co. (NYSE:JPM)’s sustainability efforts go well, the world could be a better place with lower carbon emissions and more social equity. JPMorgan Chase & Co. (NYSE:JPM) has a market capitalization of $396.86 billion.

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8. NVIDIA Corporation (NASDAQ:NVDA)

Market capitalization as of November 12: $406.54 billion

Number of hedge fund holders: 84

NVIDIA Corporation ( NASDAQ:NVDA ) is an ESG leader because it plans to purchase or generate enough renewable energy to meet 100% of its global electricity consumption. Additionally, “NVIDIA GPUs are typically 20x more energy efficient than CPUs for some AI and HPC workloads.” As of 11/12, NVIDIA Corporation (NASDAQ:NVDA) has a market capitalization of more than $406 billion. Of the 895 hedge funds in our database, 84 owned shares in NVIDIA Corporation (NASDAQ:NVDA) at the end of Q2 2022.

7. Visa Inc. (NYSE:V)

Market capitalization as of November 12: $424.11 billion

Number of hedge fund holders: 166

Visa Inc. (NYSE:V) is committed to achieving net zero emissions by 2040, a timeframe that is at least a decade ahead of the Paris climate agreement. The company has already achieved carbon neutrality with a transition to 100% renewable energy in its operations starting in 2020. Additionally, Visa Inc. (NYSE:V) is focusing on energy efficiency for its data centers. As of 11/12, Visa Inc. (NYSE:V) ranks #7 on our list of the world’s 15 largest ESG companies with a market capitalization of $424.11 billion. At the end of Q2 2022, 166 hedge funds in our database were long Visa Inc. (NYSE:V), making it one of the most widely held stocks among elite institutions.

6. UnitedHealth Group Inc. (NYSE:UNH)

Market capitalization as of November 12: $487.80 billion

Number of hedge fund holders: 91

UnitedHealth Group Inc. (NYSE:UNH) has a goal of achieving net zero emissions from operations by 2035, and the company has also committed $100 million to create a new health workforce diversity program and train 10,000 medical professionals by 2033. . Additionally, UnitedHealth Group Inc. (NYSE:UNH)’s mission is to serve the community by helping build an innovative high-performing health system. As of November 12, UnitedHealth Group Inc. (NYSE:UNH) has a market capitalization of $487.80 billion.

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Disclosure: None. 15 of the World’s Biggest ESG Companies Originally published on Insider Monkey.

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