When considering some of the most sustainable companies in the market today it is worth comparing any group to it’s more general financial performance in highly-regarded index like the S&P 500. Barron created a list of 100 sustainable companies poised for financial success. The group composed companies that were environmentally responsible and met targets in growth and financial health according to 2020 ESG scores. When comparing this list to the S&P 500 there is significant overlap which posits that a company can be an environmental steward and financially viable. This should be a strong signal to investors wary of taking on companies that push for sustainability as part of a bottom line.
- In the February edition of Barron, there was an article about top-performing, sustainable stocks.
- The article was entitled, “Sustainable Success: Stocks that are delivering for investors and the planet.”
- Barron’s used 230 indicators provided by Calvert Research and Management to arrive at it’s final pronouncements.
“Yet, upon closer examination this may not actually be the case as the original universe of 100 companies, excluding mergers and acquisitions, more likely performed in line with the S&P 500 in 2019.”