Equiti Group, a leading multi-asset financial services provider, announced today that the company has expanded its product offering through the addition of several sustainable energy stocks. The company added the recent batch of stocks on Earth Day to meet the growing demand for sustainable financial instruments.
According to the official announcement, the latest batch of sustainable energy stocks include iFirst Solar, Solar Edge, SunPower, Enphase Energy and electrical vehicles, such as Tesla, Nikolai and NIO. Equiti Group mentioned that the popularity of clean energy stocks has increased significantly due to a substantial reduction in carbon emissions and a surge in the sale of electric vehicles.
Equiti Group has taken several ESG initiatives in recent months including the company’s commitment to reduce the use of plastic. The financial services provider mentioned that the company’s offices around the world have significantly reduced the use of plastic water bottles.
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Commenting on the latest announcement, Iskandar Najjar, CEO of Equiti Group, said: “Equiti Group is committed to ESG (environmental, social and governance) practices and supportive, not only of meeting demands for these financial instruments but also continually looking at ways of practically increasing our support. We are very pleased that our global product and risk teams have been able to swiftly add more ‘green’ and ‘clean’ stocks to Equiti’s ever-growing product offering. Our product team is also looking to introduce our own innovative ESG offering.”
Commitment to ESG Practices
On the celebration of Earth Day, Equiti Group donated to Earthday.org, the world’s leading environmental cause, to reinforce the company’s commitment to ESG practices. Additionally, Equiti Group highlighted the importance of environmental protection activities for the future of the earth.
“If every company took small steps to support environmental initiatives, collectively we could make a big difference, and together, we can restore the earth,” Najjar added.
Earlier this week, EGM Securities, a subsidiary of Equiti Group, became the first Kenyan broker to offer derivative contracts on the Nairobi Securities Exchange (NSE).