Investors are becoming increasingly interested in environmental, social, and governance (ESG) criteria. ESG assets are expected to be worth more than $53 trillion by 2025. ESG will account for more than a third of the $140 trillion in assets under management. By 2021, ESG assets are anticipated to be worth more than $37 trillion. This is a conservative estimate because it expects that ESG assets will expand at a rate of 15% over the next five years. Flex Ltd. and eBay are two of the best ESG stocks to purchase right now.
Here is Insider Monkey’s list of the 10 cheap ESG stocks to invest in. Ternium S.A. and Vale have agreed to collaborate on developing methods to reduce carbon emissions during the production of steel products. A new EU roadmap, which aims to reduce carbon emissions on the continent by 55 percent by the end of this decade, might also have an impact on the corporation. Like most real estate firms, Kimco Realty Corporation has a strong dividend history. Real estate investment trusts are projected to benefit from inflationary tailwinds. A $500 million equity offering was also recently announced by the company. ArcelorMittal was obliged to shut down some of its European steel operations. Some steel products have seen their prices rise as a result of rising energy prices. With a market capitalization of nearly $31 billion, the company is one of the world’s top steel producers. Asbury Automotive Group, Inc. has announced the $3.2 billion acquisition of Larry H Miller Dealerships and Total Care Auto. The buyer will gain $5.7 billion in annual revenue as a result of the deal. Owens Corning manufactures and distributes a variety of construction materials, including composites, insulation, and roofing. In the third quarter, the company recently surpassed market forecasts for profits per share and revenue by $0.07 and $40 million, respectively. For more details, click 10 Cheap ESG Stocks To Invest In.