As an ethical investor who wants to make smart, sustainable investment decisions, you want to look beyond your potential returns. You are particularly interested in the company’s contribution to the betterment of humanity.
However, with all the greenwashing that happens in this rather unregulated space, you need to find a resource dedicated to ranking human-friendly companies based on their humankind value, a measure of the dollar amount a company generates for investors, consumers, workers, and humanity as a whole.
Such rankings can be useful to investors looking for investment opportunities that generate rewards for themselves and the greater humanity.
With that said, if you have been looking for sustainable investment ideas, here are five highly-ranked companies you should definitely invest in:
1. Edwards Lifesciences Corporation
Edwards Lifesciences Corporation is a medical technology company focusing on innovations that help patients living with heart disease. It specializes in the production of artificial heart valves and hemodynamic monitoring.
The company is actually the brains behind SAPIEN transcatheter aortic heart valve, among other critical care technologies.
Aside from helping people live longer, healthier, productive lives, Edwards Lifesciences Corporation is committed to sustainability in all three key ESG areas; environmental, social, and governance.
2. Walgreens Boots Alliance, Inc.
Walgreens is a household name in health and wellness. But what you probably didn’t know is that it is actually among the top 100 human-friendly companies for its high humankind value.
The parent company, Walgreens Boots Alliance, Inc., is an umbrella for several international healthcare, retail, and beauty chains, including Walgreens in the US, Boots in Britain, Benavides in Mexico, and Ahumada in Chile.
The company gives people easy access to prescription and OTC drugs as well as personal care items and has an estimated value of $77.1 billion.
3. AbbVie, Inc.
Still, in the pharmaceutical industry, we have AbbVie, Inc., a biopharmaceutical company specializing in drug research and manufacturing. Among its many drug innovations include medications used to treat HIV/AIDS, arthritis, and autoimmune diseases.
AbbVie, Inc. has changed the lives of millions of people around the globe and has an estimated value of $495 billion.
4. The Mosaic Company
The Mosaic Company is a Tampa, Florida-based Fortune 500 agricultural company. It mines potash and phosphate to produce fertilizer and distributes them locally and internationally. Given its reach, the Mosaic Company hugely impacts global crop production and, consequently, helps feed humanity.
5. Quest Diagnostics, Inc.
Diagnosis is not always within the financial reach of many people. But Quest Diagnostics, Inc., an American multinational clinical lab, works to bridge that gap, making quality diagnostic services accessible to people quickly and affordably.
The company currently has branches in the US, Mexico, Puerto Rico, and Brazil and collaborates with clinics worldwide.
The Bottom Line
Investing today is a lot more all-rounded. Investors are not just interested in the possible equity returns but a company’s commitment to humanity and sustainability. They want to invest in companies, with the most positive- and least negative- impact on health and medicine, food production, environmental conservation, and so on.
So, whether you are a newbie or a well-established ethical investor, use the list of sustainable companies highlighted above as a good starting point for finding viable ethical investment opportunities.
Suman(Kul Prasad) Pandit is an accomplished business professional and entrepreneur with a proven track record in corporate and start-up sectors in the UK and USA. With a focus on sustainable business practices and business education, Suman is highly regarded for his innovative problem-solving and commitment to excellence. His expertise and dedication make him a valuable asset for businesses seeking growth and success.