11 Cheap ESG Stocks to Buy According to Hedge Funds

6. Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN)

Number of Hedge funds holding: 68

Forward P/E as of May 06, 2025: 14.18

Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is a leading biotechnology company serving people living with eye disease, cardiovascular disease, cancer, and inflammation. Headquartered in New York, the company develops and markets life-changing medicines for people with severe illnesses. Driven by its “Doing Well by Doing Good” philosophy, REGN facilitates a culture that promotes integrity and builds sustainable communities.

The company is quite known for its patient support programs designed to provide education and enhance access through insurance eligibility support, patient resources, financial aid, and the provision of free medicine. Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) also makes donations to external foundations to offer financial assistance to patients who might otherwise face challenges in sourcing those medications.

The core strategy of its ESG approach is STEM Education. Through investments in this area, Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN)’s students are nurtured to continue transformative innovations. The company has invested heavily in infrastructure, with its $4.4 million investment in the Regeneron DNA Learning Center truly standing out. The employees have a special role to play as they spend hours during the global volunteerism initiative, Day for Doing Good, to create STEM kits for nearby schools.

As with any responsible enterprise, Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is committed to a healthier, greener tomorrow. Enhancing renewable energy usage, conserving natural resources, reducing waste, and protecting biodiversity are some of the many strategies it adopts. The company has an excellent evaluative framework whereby it measures the risks to and impacts on climate change through its enterprise risk management (ERM) program. Moreover, the health powerhouse has set environmental targets to help understand the potential climate-related impacts, particularly those in the supply chain. For instance, more than 50 suppliers now align with the company’s Scope 3 GHG emissions initiatives. With that in mind, REGN is one of the best cheap stocks to buy.