For a sustainable future
Besides digital transformation of global economy, sustainability is the other theme that had dominated the investment strategies in past three years. The global energies have remained focused on enhancing the role of digital capabilities in our day to day life, and making the growth sustainable in terms of the pressure on natural resources and dispersal of harmful waste in the environment. Scrolling through my social media timelines, I gathered some interesting instances of “sustainability” theme dominating the investment discourse. · Market capitalization of Tesla Inc., the US company making electric cars, among other things, has topped market of top 10 global auto makers; even though it’s annual revenue is about US$28bn (vs. Toyota revenue of US$572bn). · The stock price of Orsted A/S, a Danish largest energy company in Denmark and world's larg...