5 Best ESG Stocks To Buy Now

2. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 278

Seattle, Washington-based Amazon.com, Inc. (NASDAQ:AMZN) ranks 2nd in our list of the best ESG stocks to buy now. The company intends to achieve net-zero carbon emissions by 2040 and empower its operations with 100% renewable energy by 2025. In July 2020, Amazon.com, Inc. (NASDAQ:AMZN) also introduced The Climate Pledge Fund to enhance the development of sustainable technologies and services for meeting The Climate Pledge. In 2021, Amazon.com, Inc. (NASDAQ:AMZN) also set aside about $21.2 million for nature-based projects across Europe. Recently, the e-commerce giant also said it started 39 new renewable energy projects in Europe so far in 2023, that added over 1 gigawatts of clean energy capacity to grids throughout the continent.

A total of 278 out of the 910 hedge funds tracked by Insider Monkey had stakes in Amazon.com, Inc. (NASDAQ:AMZN). The most significant stakeholder of Amazon.com, Inc. (NASDAQ:AMZN) was Ken Griffin’s Citadel Investment Group which had a $4.4 billion stake in the company.