Earth Day 2024: Decarbonisation megatrend boosts prospects for European industrials

Cautious on investing in wind energy

As an equity analyst focused on industrial businesses, I am privileged to have a front-row seat into many of the initiatives aimed at achieving net-zero.

From manufacturers of wind turbines the size of skyscrapers to the producers of low-carbon cement, there is not one business under my coverage that does not have decarbonisation at the top of their agenda. Passive asset managers pick up steam in fund selector rankings The decarbonisation megatrend is a multi-year secular growth theme, providing robust financial outlooks for many industrial businesses, with European capital goods manufacturers best-positioned for sustainable growth prospects, in Morningstar's view. As Mark Twain famously said: "During the gold rush, it is a good tim...