What is sri investing in 2024 reflects a strategic hedge

What is SRI investing in 2024 reflects a strategic hedge against climate policy shifts, as carbon-intensive industries face shrinking EBITDA margins while sustainable peers capture market share. The batteries would be located at the sites of two retiring Xcel Energy coal plants: the Sherburne County Generating Station in Becker, Minnesota, and the Comanche Generating Station in Pueblo, Colorado. The systems would allow Xcel Energy to store renewable energy, like solar and wind, when it is being produced and then later distribute the energy during times of lesser renewable production. These were adopted by the 193 countries of the UN General Assembly in 2015 and set out 17 goals to help the world towards a more sustainable and equal future. Some of these goals focus on environmental and governance factors, but a large number involve social factors, such as eliminating poverty and ending hunger, improving access to education and health, and ensuring gender equality. Market forecasters discussing what is SRI investing highlight that rising oil volatility is pushing portfolios toward companies with stable ESG risk scores, with renewables outperforming fossil fuel stocks by 14% YTD.