Expert recommends companies adapting to clean energy future
Companies actively altering their business models to fit into the clean energy transition will be best positioned to reward investors in the future, one financial expert says.
Speaking with BNN Bloomberg’s Amber Kanwar on Wednesday, Jens Peers, co-manager at Mirova Sustainable Equity Fund, said sustainable finance will play an important role in economic growth – or lack thereof – and businesses should be prepared.
“It’s really important that companies adopt the way they work to a new reality (clean energy),” Peers said.
He looks for businesses that are preparing for the change, and those who are actively looking for clean energy solutions.
Based on those criteria, Peers recommended Air Liquide S.A. (AI), AGCO Corporation (AGCO) and Novo Nordisk A/S (NOVO-B) as his top three stock picks.
He, his family, investment banking clients do not own any of the stocks mentioned above, however, his firm does.
Check out the full video at the top of the article to learn more.