To recommence with ESG in financial analysis, we will focus on how ESG will play a role in future innovations in order to even be an important part within financial considerations.
With the current interest and range on all things of environment and clean energy, it is no surprise that the innovations and investments that are on the rise and have been consistently yielding good returns are all related to ESG in some form.
- Renewable energy: the transition to a low-carbon economy is driving investment in renewable energy sources, such as soap and wind power, According to the international Energy Agency (IEA), renewable energy is the only source of energy that is growing globally.
- Electric vehicles: the growth of electric vehicles is another area that is attracting significant investment as companies seek to develop new technologies that support the transition to electric mobility. According to BloombergNEF, the market for electric vehicles is expected to grow rapidly in the coming years.
