The TSX-listed Canadian stocks we’ve discovered have strong Environmental, Social, and Governance ratings
SmallCapPower | May 2, 2022: ESG is an acronym that stands for Environmental, Social, and (Corporate) Governance. ESG investing is sometimes referred to as socially responsible investing (SRI), sustainable investing, responsible investing, or impact investing. ESG stocks are rated as ESG by third-party ESG ratings. ESG stocks typically have lower risk, higher return rates, and overall better performance. The three TSX-listed Canadian stocks we’ve identified all have high ESG ratings.
*Share price data and other metrics as of April 29, 2022
Colliers International Group Inc. (TSX:CIGI) – $145.71
Real Estate
Colliers International Group is a real estate services and investment management company. The Company has operations in over 60 countries to provide expert advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to the investor, developers, and occupiers, which includes source capital solutions, services for commercial and residential property developers on a local, regional, national and international basis, infrastructure consulting, design and build, and market research.
- Market Cap: $4,842.8M
- 7-Day Return: -9.5%
- 30-Day Return: -14.2%
- 30-Day Average Trading Volume: 83,671
PrairieSky Royalty Ltd. (TSX:PSK) – $17.80
Oil and Gas
PrairieSky Royalty is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The Company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the Company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.
- Market Cap: $4,226.8M
- 7-Day Return: -3.9%
- 30-Day Return: -0.3%
- 30-Day Average Trading Volume: 669,508
IGM Financial Inc. (TSX:IGM) – $41.05
Financial Services
IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great-West Life, London Life, Canada Life, and Putnam Investments. IGM has two main operating divisions — asset management (operated through Mackenzie Investments) and wealth management (via its Investors Group Wealth Management and Investment Planning Counsel subsidiaries) — that provide investment management products and services. IGM Financial had C$236.7 billion in assets under management and C$31.0 billion in assets under advisement at the end of February 2022.
- Market Cap: $9,808.4M
- 7-Day Return: -6.6%
- 30-Day Return: -7.6%
- 30-Day Average Trading Volume: 340,566
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