CARR - 3 Stocks Building a Smart Future
Given that buildings emit nearly 40% of the world's carbon emissions, companies must invest in smart, healthy, and sustainable buildings if they want to meet their environmental, social, and governance (ESG) commitments. That's where companies like Johnson Controls (NYSE: JCI) , Honeywell (NASDAQ: HON) , and Siemens (OTC: SIEGY) come in. All three can grow profits significantly from helping companies meet their ESG goals. Here's the how and why.
Alongside the long-term need to create net-zero carbon emissions, the COVID-19 pandemic has created a heightened sense of awareness around the need to ensure buildings are "healthy." The latter usually means ensuring good air quality and ventilation. As such, heating, ventilation, and air conditioning (HVAC) companies such as Carrier (NYSE: CARR) and others, including Johnson Controls , are an excellent way to get exposure to the theme. Indeed, they have all been reporting strong orders growth in commercial HVAC orders this year.
Image source: Getty Images.
For further details see:
3 Stocks Building a Smart Future