Introduction
Green chip stocks are shares of companies that prioritize environmental sustainability or operate in a socially responsible manner.
These stocks span various industries, including solar energy, wind energy, hydropower, electric vehicles, organic foods, water, carbon trading, green hydrogen, air pollution control, and more.
Top Five Green Chip Stocks from the Nifty 50 Index
S.N | Stock | Justification |
1 | Tata Consultancy Services Limited (TCS) | TCS has implemented green IT practices to reduce energy consumption and carbon emissions in its operations, emphasizing sustainability in data centers and offices. |
2 | Hindustan Unilever Limited (HUL) | HUL has made significant efforts towards sustainability by reducing its environmental footprint and promoting sustainable sourcing and manufacturing practices in its consumer goods production. |
3 | Infosys Limited | Infosys is known for its commitment to sustainability, implementing initiatives such as energy efficiency measures, renewable energy adoption, and carbon footprint reduction programs across its operations. |
4 | Reliance Industries Limited (RIL) | RIL is actively investing in renewable energy projects, including solar and wind power, through its subsidiary Reliance Green Energy Limited, contributing to India’s clean energy transition. |
5 | ICICI Bank Limited | ICICI Bank integrates environmental and social considerations into its lending practices, offering green loans and supporting renewable energy projects, water conservation and sustainable businesses. |