Published on 20 Feb 2024 on Insider Monkey via Yahoo Finance
In this article, we will look into the 16 companies with the highest sustainable revenue in the US. If you want to skip our detailed analysis, you can go directly to the 5 Companies With The Highest Sustainable Revenue in the US.
Global Green Economy
After a downturn in the global green economy in 2022, growth returned to its pace in 2023. The green revenues were affected by factors such as high inflation, rising interest rates, and geopolitical crises in 2022. The market capitalization of green companies returned to its 2021 average of more than 9% in 2023. The sustainable revenue of the listed companies is set to exceed $5 trillion by 2025, as reported by the FTSE Russel. With the continuous innovation and advancement toward a green economy, the growth is diversifying with sustainable companies gaining traction and higher investments. The average market cap of companies with 100% sustainable revenues reached more than $7 billion in June 2023, an increase of over 6-fold since 2016.