10 Best Ethical Companies To Invest In According to Reddit

8. Ecolab Inc. (NYSE:ECL)

Number of Hedge Fund Investors: 47

Ecolab Inc. (NYSE:ECL) is a leader in water, hygiene, and energy technologies and services. The company has a presence in over 170 countries and serves a diverse range of industries, including food service, healthcare, hospitality, industrial, and energy. Ecolab Inc.’s (NYSE:ECL) innovative solutions not only enhance operational performance but also significantly reduce water and energy usage, making them essential for customers in unpredictable and challenging environments.

Ecolab Inc. (NYSE:ECL) is focusing on several key areas. One of the primary growth engines is the company’s commitment to breakthrough innovation. The company has a robust innovation pipeline and has dedicated nearly $1.5 billion to developing new technologies and solutions. This pipeline is heavily focused on clean tech, high tech, and biotech, areas that are expected to drive significant long-term growth. For example, in the clean tech sector, Ecolab Inc. (NYSE:ECL) is advancing solutions for water circularity and data center cooling, which are becoming increasingly critical as global demands for water and energy efficiency rise. In high tech, the company is making strides in microelectronics to address the growing challenges of AI and data processing.

Ecolab Inc. (NYSE:ECL) is also leveraging its One Ecolab initiative to enhance customer value and operational efficiency. This initiative focuses on leveraging digital technologies to deliver best-in-class business outcomes, operational performance, and environmental impact. By investing in frontline digital technologies and service capabilities, Ecolab Inc. (NYSE:ECL) aims to accelerate its sales growth towards the 5% to 7% range and achieve a 20% operating income margin over the next three years.