by Theme: "Thinking Green"
The goal of this article is to discuss Laker Asset Management’s newest theme: “Thinking Green.” Thinking green includes everything from sustainability to Renewable Energy. It’s relatively simple; every company that makes the world a better place fits this theme. Here are a few examples of the industries that we will discuss at our meetings in the next few weeks:
- Renewable Energy
- Sustainable Packaging
- Waste Management
- New Technology / Innovations.
The reasons behind us choosing Thinking Green as our next investment theme are as follows; (1) There is a fundamental change in opinion. 66 % of global consumers will pay more for sustainable goods. For millennials, it is 73 %. (2) Growing awareness and stricter government regulations (especially in Europe) are anticipated to propel industry growth. (3) Vast sums of money are flowing into “greener” assets. Equity invested in assets classified as sustainable has grown by 34 % since 2016.
Our other three groups will dive deeper into specific areas of “Thinking Green,” as an example, read this week’s article on how we can get exposure to solar energy.