Goldman says these overlooked companies will play a key role in a more sustainable economy

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Goldman says these overlooked companies play a key role in a more sustainable economy

It's going to take more than recycling to reduce the world's carbon footprint, Goldman Sachs analysts say. The firm views "inner loop" solutions — which include service-oriented companies that repair, use spare parts, share and refurbish items — as a "critical and deeply underappreciated opportunity" in the transition to developing a circular economy.

mountain Shares of ThredUp have gained more than 19% this month. Companies that either use reusable packing within their own business, or sell it, also play a vital role in encouraging sustainability, according to the report. Retailers like L'Occitane and Aesop sell refill materials to customers in lighter packaging, Tupperware sells reusable packaging and goods, and companies like Loop Industries and RePack provide reusable packaging to other businesses.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Big Tech layoffs: What companies such as Amazon and Meta have in commonOne of the things these companies have in common is the fact that 'many hired aggressively during the pandemic, often because they over-extrapolated pandemic-related trends such as increases in demand for goods or time spent online.'
Source: YahooNews - 🏆 380. / 59 Read more »

How Mastercard, Goldman Sachs And Other “TradFi” Titans Are Using Blockchain To Rewire Global FinanceCrypto is in crisis, but many of the world’s biggest financial institutions are still banking on the underlying tech as the best way to build confidence with customers—and with one another.
Source: Forbes - 🏆 394. / 53 Read more »

Goldman Sachs ups its near-term S&P 500 target due to brighter economic picture. But that could knock 25% off stocks, strategists say.A team of Goldman Sachs strategists lifted their three-month target from 3,600 to 4,000 for the S&P 500, which is up more than 7% so far this year.
Source: MarketWatch - 🏆 3. / 97 Read more »