Podcast: Socially Responsible Companies Investors Like

Ethical & Sustainable Investing News to Profit By!

This podcast, “Socially Responsible Companies Investors Like,” includes these articles: “22 Socially Responsible Companies to Know,” by Jeff Rumage; “These are Canada’s 50 fastest-growing green companies of 2023,” by Rick Spence; and “Buy The Dip - 2 'Strong Buy' Renewable Energy Stocks,” by High Yield Investor…

Transcript & Links, Episode 108, June 16, 2023

Hello, Ron Robins here. So, welcome to my podcast episode 108 titled “Socially Responsible Companies Investors Like.” It’s presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources. And look at my newly totally revised website at investingforthesoul.com!

So, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode’s podcast page located at investingforthesoul.com/podcasts.

Now if any terms are unfamiliar to you, simply Google them.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.

Additionally, quotes about individual companies are brief so that I can get as many companies covered as possible in the time allowed. Please go to this podcast's webpage for links to the actual articles for more company and stock information.

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22 Socially Responsible Companies to Know

I’m beginning with this article titled 22 Socially Responsible Companies to Know. It’s by Jeff Rumage and found on builtin.com. Here are some of Mr. Rumage’s remarks about the 15 public companies he covers.

“1. Cisco (CSCO)

Cisco has donated $494 million in cash and in-kind contributions to community programs, including its career training program. The company has also committed to investing $150 million for technology education and technology modernization at historically Black colleges and universities, and it has provided technology equipment and donations to Ukraine, too. Cisco plans to reach net zero carbon emissions across its value chain by 2040.

2. Allbirds (BIRD)

Allbirds, a direct-to-consumer shoe and apparel company, uses natural materials like wool instead of synthetic materials. A certified B Corp, it pledged in 2021 to cut its carbon footprint in half by the end of 2025.

3. Warby Parker (WRBY)

Warby Parker has been selling prescription glasses and sunglasses online since 2010. A certified B Corp, the company donates a pair of glasses or sunglasses for every pair sold.

4. HP (HPQ)

HP reduced its greenhouse gas emissions by 59 percent compared to 2015 levels, and it plans to reach net-zero emissions across its entire value chain by 2040… More than 110 million ocean-bound plastic bottles have been retrieved and reused in HP’s ink cartridges.

5. Intel Corporation (INTC)

Intel derives 93 percent of its electricity from renewable energy sources, and it aims to reach 100 percent by 2030. The company expects to reach net-zero greenhouse gas emissions by 2040.

6. Qualcomm (QCOM)

Qualcomm, which manufactures semiconductors and wireless technology, has pledged to reach net-zero greenhouse gas emissions by 2040 and reduce power consumption in its flagship Snapdragon products by 10 percent every year.

7. Salesforce (CRM)

Salesforce announced in 2021 that it had reached net zero carbon emissions across its value chain and that it purchases enough renewable energy to match its electricity usage… The company has also committed to donate $200 million to racial justice causes, spend $100 million with Black-owned businesses, and double its Black leadership in the U.S.

8. Stitch Fix (SFIX)

Stitch Fix, an online clothing retailer that makes personalized outfit recommendations, is more than halfway to meeting its goal of using environmentally preferred materials in its private label products by 2025.

9. Microsoft (MSFT)

Microsoft has pledged to go beyond carbon neutral and become ‘carbon negative’ by 2030… It also advocates for human rights, teaches in-demand digital skills and provides rural communities with affordable broadband access.

10. Google (Alphabet) (GOOG)

Google has been carbon neutral since 2007 and is now working to transition to carbon-free energy sources by 2030. Since 2014, Google has invested more than $90 million to achieve equity in computer science and higher education, more than $400 million to create economic opportunities for communities of color and more than $45 million to support racial justice organizations.

11. adidas North America

Athletic apparel brand Adidas (ADS.DE) strives to make its operations carbon neutral by 2025… The company also aims to use environmentally preferred materials in 90 percent of its products by 2025.

12. Johnson & Johnson (JNJ)

Johnson & Johnson, the manufacturer of pharmaceuticals, medical devices and consumer health products, gets more than half of its electricity from renewable energy sources. The company aims to be completely powered by renewable energy sources by 2025 and expects its operations to be carbon neutral by 2030.

13. Lemonade (LMND)

Lemonade is a digital insurance company that has shaken up the industry’s business model. After covering the cost of claims and operational expenses, Lemonade distributes any leftover money from your insurance premium to the nonprofit of your choice.

14. Levi Strauss & Co. (LEVI)

Levi’s has pledged to reach net-zero greenhouse gas emissions by 2050. The company estimates its Water