Where to Invest $1000 Right Now

As climate change continues to take a devastating toll on the planet, investors are looking to put their money into companies helping to stem its insidious tide. These are the forward-thinking enterprises finding ways to drastically reduce the heat-trapping contaminants poisoning our atmosphere. 

While many individuals see companies as solely powered by corporate greed, an increasing number of companies are garnering a reputation for being excellent environmental stewards. Carbon neutral companies that once found themselves on the fringes are now walking boldly out onto center stage, applauded by socially conscious investment firms and individual investors alike.  

Why should I choose an eco-friendly business for my investment?

Eco-friendly businesses are starting to generate more profits than their fossil-fuel-reliant counterparts. 

That’s because ecologically irresponsible companies are facing higher costs and more formidable regulatory barriers, which means ever-increasing market opportunities for enterprises working to reduce their environmental impact. In fact, a growing number of mutual and index funds are aggressively seeking out these alternative investments because they recognize their strong future potential. 

Investing in the right environmentally friendly stocks can do a lot of good for the planet and do a lot of good for you. While building an ecologically friendly portfolio with robust returns won’t happen overnight, it’s achievable with a bit of luck and lots of strategic planning. 

Like with any investment, consult with a trusted financial advisor to make sure the companies you put money into match your investment goals and personal risk profile. 

 Here are a few companies to consider if you have $1,000 to invest: 

Apple  

It’s only been 15 years since the first iPhone debuted on the world stage. However, this groundbreaking device has utterly transformed what was once an uninspired and sluggish industry.  

If you bought $1,000 in Apple stock ten years ago, your investment would be worth almost $12,000 today if you reinvested your dividends. 

Currently, there are over a billion iPhone users worldwide. Many people wouldn’t dream of using a smartphone manufactured by another company. They bide their time with infinite patience until the next iteration emerges and then happily shell out hundreds of dollars to buy it.

Once upon a time, Apple was the company that was ranked the lowest on Greenpeace’s report on environmentally friendly data centers. However, today it’s one of the most sustainable corporations on the planet. The company now scores 83% on Greenpeace’s Clean Energy Index, making it the most ecologically friendly of all the tech conglomerates. 

While the robust returns of its stock are primarily due to iPhone sales, the company is looking beyond its signature product for future revenue. Apple is reportedly developing an ecologically friendly self-driving electric automobile that could be market-ready by 2025. Financial experts say that this kind of product offering could help the corporation double its earnings and market capitalization. 

Apple also has plans to launch a headset that combines virtual and augmented reality by next year. This will be a way for it to jump on the much-touted metaverse bandwagon, which promises to revolutionize how we shop, work, and learn. Apple expects to ship up to 50 million of these headsets by 2026. 

Enphase Energy Inc. 

While oil and natural gas stocks are currently doing well, they tend to underperform over the long term. For example, the energy sector gained approximately 15% over the past five years, compared with the S&P’s 88% increase. These days, a portfolio consisting primarily of renewable energy assets might outperform one with lots of oil and gas stocks. 

Enphase is one such company with a lot of potential. It’s revolutionizing the solar industry with innovative microinverter technology that works with practically every solar panel. Enphase was the first enterprise to successfully market the microinverter and remains the market leader in the production of these devices. 

Consumers are clamoring for more green energy, and enterprises like Enphase will reap the benefits. Enphase claims that its customers in over 130 nations have kept almost 21 million tons of carbon emissions from entering the atmosphere. The company has installed its microinverters in over 1.9 million homes, helping customers obtain clean and affordable energy. 

Enphase’s groundbreaking impact on the industry has helped it win a ton of accolades. They include a 2018 Solar Innovation Award from Solar Solutions. The company was also named one of Grid Edge’s “Top-Most Innovative Companies” in 2015 and the Green Builder’s “Hot 50 Products List” in 2018. 

Enphase’s net income in 2020 was $134 million in 2020. Increased demand for Enphase’s battery storage systems boosted company growth by 15% in the first quarter of this year.

Amyris Inc.

Amyris is one of the fastest-growing biotechnology companies in the world. The company’s mission is to help shift the planet to sustainable consumption by creating more environmentally friendly cosmetics ingredients. They sell their ingredients, all of which are ethically sourced, to other businesses and directly to customers in their consumer brands. 

These building blocks for other products, bioidentical to those found in nature, are used in over 20,000 of the world’s top brands, reaching over 300 million customers worldwide. Amyris has also partnered with Minerva foods to develop fermentation-based protein as a sustainable alternative to animal-based food products. 

Amyris enjoyed robust consumer revenues of $32.2 million in the fourth quarter of 2021, an increase of 86% over the fourth quarter of the previous year. Since the company has a proven track record of producing ingredients inexpensively with high-profit margins, many investment experts believe they have excellent growth potential.

Amyris expects consumer revenue to grow over 150% year over year from March of 2022 onwards and technology access revenue to increase by up to 40%. Technology access revenue is the money the company makes allowing other enterprises to use Amyris’s proprietary processes to formulate their products. 

Local Bounti Corp. 

Local Bounti has an ambitious mission is to build “smart greenhouses” near the bustling population centers that will consume its produce. This helps food arrive more quickly and with less spoilage than traditional distribution methods. 

Its innovative production system uses 90% less water and land than traditional agricultural practices, making its environmental impact a fraction of what it usually would be. What’s more, its methods are GMO and pesticide/herbicide-free. 

Unfortunately, controlled environment agriculture companies don’t have a good track record. The sector has been plagued with enterprises that, while successfully raising tons of venture capital, fail dismally because of poor execution. Local Bounti is hoping to change all that. 

They’re doing something different from what similar companies are doing: embracing unit economics, which is measuring the profitability of a single unit of product. This is a metric used by many energy companies. 

Local Bounti says that its focus on unit economics enables it to grow and harvest plants more efficiently. This also reduces greenhouse gases, miles racked up by delivery trucks, and water and energy consumption. 

Local Bounti recently went public through a merger with Leo Holdings III Corp. It recently acquired Hollandia Produce Group, an indoor farming company that distributes to over 10,000 retail locations in North America.

Beyond Meat Inc. 

Companies offering meat-free alternatives are an excellent choice for environmentally-minded investors. That’s because raising cattle for meat is a significant source of greenhouse gases, water pollution, and deforestation. Investors looking for sustainable companies to put their cash into increasingly turning to Beyond Meat

This innovative food startup uses pea protein to make burgers with a meaty taste. In fact, the taste is so good that the reaction from carnivores has been much better than expected. A burger from this company requires less water, energy, and land than a burger made from animal protein. Furthermore, it doesn’t result in as many greenhouse gas emissions. 

Unfortunately, while 2021 saw a rise in international revenues for Beyond Meat, domestic growth has stalled. Even though the company is currently falling short of market expectations, there are plenty of reasons to get excited about future growth.

That’s particularly true when you consider all the new products, restaurant partners, and product categories the company has planned. For example, Beyond Meat has recently partnered with McDonald’s and Yum Brands, which includes KFC, Taco Bell, and Pizza Hut. 

The company has an ambitious plan to get the price of at least one of its offerings below the retail cost of animal protein by 2024. Sales could surge when Beyond Meat’s prices fall below those of animal-based food products.

Invest in a sustainable future with Aspiration 

Using the Aspiration Zero carbon-neutral credit card helps you invest in our planet – for each swipe of your card, we’ll plant a tree on your behalf to fight deforestation. What’s more, you can get up to 1% cashback on all purchases, and you’ll earn $300 by spending $3,000 within your first three months. 

Sounds good? Sign up today! 

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