Climate Change

New Climate Opportunities Screen Introduced by Analyst Doug Morrow

Main image to the post New Climate Opportunities Screen Introduced by Analyst Doug Morrow

BMO Nesbitt Burns analyst Doug Morrow has introduced a new climate opportunities screen aimed at identifying stocks that are actively engaged in addressing climate change. According to Morrow, companies that are climate-friendly are likely to be valued at a premium in the stock market due to the increasing significance of climate change as a determinant of stock valuations. This screen evaluates companies based on factors such as policies for net-zero emissions, disclosure of carbon emissions, and board oversight of climate-related targets.

Morrow highlighted the alarming increase in extreme weather events globally, estimating a six-fold rise since 1970. Citing a Swiss Re study, he noted that insurance-related losses from climate change have quadrupled since 1990. The climate opportunities screen first starts with 432 stocks ranked outperform at BMO and then assesses these companies for their efforts in reducing greenhouse gas emissions and setting policies for further reductions by 2030 or earlier.

The screening process further narrows down the list to 47 stocks by incorporating factors like Bloomberg's rating scale of physical climate risk, which takes into account emissions, effects of operations on the environment, energy use, and compliance with emissions guidelines. Stocks that make it through demonstrate a commitment to reducing carbon emissions and have a strong potential for earnings upside from global decarbonization efforts. In total, 26 companies have successfully cleared all stages of the screening process, including names like Microsoft, Pfizer, and Companies like CIBC made the list due to their targets for lowering emissions and having climate expertise on their board of directors.

Published By:
Round userpic of the post author Raphael
Your read-to-Earn opportunity:
Post Profit
Earned for Pluses ?
Comment Rewards?
Likes Own?
Likes Commenter?
Likes Author?
Dislikes Author?
Profit Subtotal, Twei ?
Post Loss
Spent for Minuses?
Comment Tributes?
Dislikes Own?
Dislikes Commenter?
Post Publish Tribute?
PnL Reports?
Loss Subtotal, Twei ?
Total Twei Earned: ?
Price for report instance: 1 Twei


how to comment-to-Earn
Opens automatically on LVL 13
Each time someone gives a like to you comment you earn Twei.
Potentially, the more comments you add the more Twei you earn.
SVG animated loader

More Read-to-Earn News

Here you can read and earn more Twei. It's real money.

Image placeholder for AI-generated post in Supremacy news game
May 21, 2023 | 05:09