ESG investing has been getting a great deal of news coverage over the last few years. One of the primary drivers of this market is millennials, who are looking to invest their money in a socially conscious manner. While recently there has been some critical commentary on this investment strategy, overall we believe money will continue to pour into.
What is an ESG?
An ESG company is one that incorporates environmental, social, and governance (ESG) concerns into its primary business strategy. ESG businesses aim to have accountable and responsible leadership, as well as to be good corporate citizens and environmental stewards.
These three main principles serve as the basis for an ESG:
*Environmental: ESG companies are businesses that are focused on being sustainable, and have a positive impact on the Environment. This may include, corporate climate policies, waste and pollution, resource conservation, as well as the overall impact the industry has on the environment.
*Social: Socially responsible companies are ones that promote ethical and socially conscious themes such as diversity, inclusion, involvement in the community, social justice, ethics, as well as combatting racial, gender, and sexual discrimination.
*Governance: A company has good governance policies when they are transparent and accountable, and have committed to ethical business practices. This can include transparent accounting methods, integrity and diversity in leadership.
Looking to diversify your portfolio with some ESG investments? Here are 4 stocks that won't break the bank
The company recently announced that its majority-owned subsidiary, Viking Ozone Technology, received a Notice of Allowance from the United States Patent & Trademark Office regarding its patent titled, "Multi-Chamber Medical Waste Ozone-Based Treatment Systems and Methods." This pending patent relates to VKIN's proprietary methods and devices for waste treatment, utilizing ozone technologies. The handling and disposal of healthcare-related waste requires increased attention and diligence to avoid adverse health outcomes.VKIN says it expects this technology to be utilized in waste and disposal systems in a broad range of industries, including hospitals, prisons, laboratories, military bases, and more.
While VKIN possesses conventional oil and gas assets worth
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