Goldman sees $6 trillion a year in green spending ahead with these stocks getting the biggest boost

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As capital expenditures toward environmental sustainability goals rises, Goldman Sachs gives its picks for stocks that can benefit from this trend.

Goldman Sachs says "green capex" will be "the dominant driver of global infrastructure over the next decade." The firm shared its ideas on how to play the trend. Green capex — capital expenditures that are geared toward sustainability goals such as decarbonization, infrastructure and clean water — will surge amid a public- and private-sector boom in investment, according to Goldman.

The firm screened for buy-rated companies exposed to the green capex goals of decarbonization, infrastructure and clean water that also met the following criteria: Have favorable corporate financial returns versus peers Have estimated revenue exposure of at least 25% to green capex-related United Nations' "Sustainable Development Goals" Are not in the bottom 20th percentile for the firm's GS Sustain operational "Environmental & Social" score Here are 10 of the...

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