5 Best Humane Stocks to Buy Now

3. Oatly Group AB – ADR (NASDAQ:OTLY)

Market Capitalization as of April 13: $1.34 billion
Number of Hedge Fund Holders: 15

Oatly Group AB – ADR (NASDAQ:OTLY) is a Swedish company that produces plant-based dairy products made from oats. They demonstrate their commitment to sustainability by striving to lower greenhouse gas emissions, practicing responsible use of natural resources, and phasing out the use of fossil fuels. Oatly Group AB – ADR (NASDAQ:OTLY) is placed fourth on our list of 10 best humane stocks to buy now.

Oatly Group AB – ADR (NASDAQ:OTLY) has worked towards eight UN Sustainable Development Goals. They aim to drive more sustainable practices in their supply chain, particularly in areas such as oats, suppliers, and packaging. Despite a 77% increase in their corporate climate footprint from 2020 to 2021, Oatly strives to reduce emissions through low-emission practices.

Here is what ClearBridge Investments Mid Cap Growth Strategy has to say about Oatly Group AB (NASDAQ:OTLY) in its Q4 2021 investor letter:

“We also closed out three names as we constantly seek ways to improve the Strategy’s overall growth profile. Oatly is a leader in dairy alternative oat-milk products benefiting from long-term secular growth of the category. That growth, however, is contingent on its ability to scale up manufacturing and we sold the position due to increased risk that global supply chain constraints would limit such efforts.”