Three stocks that should profit from demand for cleaner and greener living

A professional investor tells us where he’d put his money. This week: Chris Versace of the Cleaner Living ESG-S ETF, picks three fast-growing green stocks

Sprouts Famers Market worker
Sprouts Farmers Market is on track to deliver earnings per share of $2.08 this year
(Image credit: © Andy Cross/The Denver Post via Getty Images)

We’ve seen many times in the past how structural shifts in consumer spending have a major effect on economies. Consumer spending accounts for 50%-60% of GDP, depending on the country, underlining the importance of the choices that consumers make about how they shop, bank, communicate, work, live and play.

We are seeing the latest shift unfold as consumers increasingly demand cleaner products that shun harmful ingredients, additives and chemicals in those products they put in and on their bodies, in their homes and workplaces, or into the environment. Fuelling this shift are growing concerns over obesity, diabetes, added sugar, genetically modified organisms (GMOs) and artificial ingredients in food, personal care items, and other products, and rising awareness about our collective environmental footprint.

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Christopher Versace

Christopher Versace is index creator for the Digital Infrastructure and Connectivity UCITS ETF