5 Best ESG Stocks To Buy Now

4. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 175

With $1 trillion in market capitalization, NVIDIA Corporation (NASDAQ:NVDA) ranks 4th in our list of the best ESG stocks to buy now. In its fiscal 2023 corporate social responsibility report, the semiconductor manufacturing giant said its employees contributed over 16,500 volunteer hours and $22 million to charities and donations in fiscal 2023. NVIDIA Corporation (NASDAQ:NVDA) has set a target to achieve and maintain 100% renewable electricity across its operations and data centers by fiscal 2025. This year, NVIDIA Corporation (NASDAQ:NVDA) also raised the percentage of its consolidated electricity use matched by renewable energy acquisitions to 44%, with green utility tariffs and energy attribute certificates. The company also says that its latest GPU retail packaging is “100% biodegradable.”

Insider Monkey took a look at hedge fund portfolios for NVIDIA Corporation (Nasdaq:NVDA)’s Q2 2023 investments and found out that 175 had a stake in NVIDIA Corporation (Nasdaq:NVDA. Citadel Investment Group was its biggest stakeholder which has roughly 21.4 million stakes for about $9 billion of NVIDIA Corporation (Nasdaq:NVDA).