ESG is all the rage right now, from Elon Musk bashing crypto’s taxing energy use, to major hedge fund managers predicting money to continue flowing into the industry, investors are looking for what’s ‘next’.
ESG for the uninitiated stands for Environmental, Social, and Governance. Essentially, responsible companies; shouldn’t all companies be ESG? That’s a story for another day.
While many blue chips in the space are well owned, there are several smaller ESG companies that could start receiving more investor attention as the market continues to grow. Here are three in the news that could start seeing more interest:
Eco Depot Inc. (OTCMKTS:ECDP)’s market has reacted well to recent news. ECDP, through its subsidiary Bronya Canada Group, Inc. was invited by the Federation of Latin American Cities, Municipal, Associations (FLACMA) to participate in a host of international events. The company’s suite of environmentally friendly paints offer up to 40% efficiency in energy consumption and flow, industrially, commercially, and domestically
American Battery Metals Corporation (OTCMKTS:AMBL) has secured industrial land in Fernley, Nevada for its first-of-its-kind lithium-ion battery recycling facility.” This location is close to Tesla’s Gigafactory 1. The company made news recently receiving unanimous approval from the Fernley City Council for a Conditional Use Permit (CUP)
Denison Mines Corp. (NYSE:DNN) just announced a binding agreement to acquire 50% ownership of JCU (Canada) Exploration Company, Limited from UEX Corporation for $20.5 million. DNN is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada.
