Three gold mining stocks with strong green credentials

Tom Bailey of HANetf highlights three gold and precious metal miners to consider.

With gold providing strong performance in 2024, many investors are looking to gold miners. The AuAg ESG Gold Mining Ucits ETF (LSE: ESGO) is an exchange-traded fund (ETF) offering equal-weighted exposure to mining companies with high environmental, social and governance (ESG) standards.

This ETF therefore has two unique features. Firstly, it is equally weighted, so its holdings are not dominated by one single stock or a handful of them. Secondly, the ESGO ETF allows investors to gain exposure to the best-in-class gold miners from an ESG perspective. As well as allowing investors to align their investments with their values, the ESG screening approach helps to mitigate risk. Companies with poor ESG scores, which the ETF does not provide exposure to, may be more at risk of being involved in controversies that can affect their bottom line.

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Tom Bailey
Contributor

Tom Bailey is Head of ETF Research at HANetf, which entails him staying on top of the various themes and asset classes accessible by ETFs or ETCs on the HANetf platform. Tom was previously ETF Specialist at Interactive Investor, one of the UK's leading direct investment platforms. Prior to this, he was a financial journalist, covering the economy, markets and asset management.