Equiti Group expands ESG stock offering on Earth Day
Earth Day is a unique opportunity to create a catalytic moment that will advance real solutions and protect the environment for ourselves and future generations.
Equiti Group has expanded its ESG product offering with another batch of sustainable energy stocks themed “Restore the Earth”.
Launched on Earth Day, celebrated globally on 22 April 2021, the retail and institutional multi asset brokerage group is addressing increased demand from traders for “green” or “clean energy” stocks, such as iFirst Solar, Solar Edge, SunPower, Enphase Energy, and electrical vehicles such as Tesla, Nikolai, and NIO.
The trading specialist expects continued cost reductions will make solar competitive in most power markets by 2030, making “clean energy” stocks” a good trading opportunity. While the pandemic significantly put the brakes on the transport sector, vehicle sales still surged by 28%.
Iskandar Najjar, Chief Executive Officer at Equiti Group, said: “Equiti Group is committed to ESG (environmental, social and governance) practices and supportive, not only of meeting demands for these financial instruments, but also continually looking at ways of practically increasing our support. We are very pleased that our global product and risk teams have been able to swiftly add more “green” and “clean” stocks to Equiti’s ever-growing product offering. Our product team is also looking to introduce our own innovative ESG offering.”
Equiti Group is committed to help the environment and has also donated to Earthday.org, the world’s largest environmental cause to support the growth of hundreds of trees in developing communities.
Trees not only cool the atmosphere, but help restore the earth by cleaning the air and producing additional oxygen, among many other benefits.
“If every company took small steps to support environmental initiatives, collectively we could make a big difference, and together, we can restore the earth,” added Najjar.
Equiti’s offices across the world have reduced the use of plastic water bottles and instead provided centrally located water dispensers for their employees.
These environmental initiatives by Equiti Group follow the recent launch of a global ESG committee mandated to drive internal and external initiatives to deliver real results.