5 Best ESG Stocks To Buy Now

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 300

Microsoft Corporation (NASDAQ:MSFT) tops our list of the best ESG stocks to buy now. By 2030, Satya Nadella-led Microsoft Corporation (NASDAQ:MSFT) expects to be carbon negative and by 2050, it intends to eliminate its emissions. It also anticipates to be zero waste throughout its direct waste footprint by the end of this decade. For climate change, Microsoft Corporation (NASDAQ:MSFT) is committing to $1 billion investment initiative through the next four years for climate change technologies. At the end of last year, Microsoft Corporation (NASDAQ:MSFT) appointed Melanie Nakagawa as its new chief sustainability officer. In fiscal Q1 2024, it reported earnings of $2.99 per share and revenue of $56.5 billion.

“While the world will need to reach net zero, those of us who can afford to move faster and go further should do so,”  Microsoft’s Vice Chair and President Brad Smith said.

Out of the 910 hedge funds tracked by Insider Monkey at the end of Q2 2023, 300 funds held stakes in Microsoft Corporation (NASDAQ:MSFT), up from 289 in the previous quarter. Michael Larson’s Bill & Melinda Gates Foundation Trust was the largest stakeholder that owned 39.3 million stakes of Microsoft Corporation (NASDAQ:MSFT) that were valued at $13.4 billion.

Disclosure: None. You can also take a look at 11 Best Green Stocks To Invest In 2023 and 12 Best Renewable Energy Stocks to Buy Now.

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