Automotive and Transportation
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Automotive and Transportation
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These 8 Foreign Stocks Are Widely Held by Global Sustainable Funds

Schneider Electric is a leading global supplier of electrical and industrial automation equipment. The group has four end markets: buildings, data centers, infrastructure, and industry, each of which relies on Schneider's products and solutions to ensure their operations run safely and efficiently.

The article from Morningstar discusses eight foreign stocks that are commonly held by global sustainable funds, highlighting their appeal due to sustainability criteria. These companies include ASML Holding NV, a Dutch firm specializing in semiconductor equipment; Novo Nordisk A/S from Denmark, known for its diabetes care and other pharmaceutical products; and SAP SE from Germany, which focuses on enterprise software solutions. Other notable mentions are L'Oréal SA from France, famous for its beauty and personal care products; Kering SA, also French, which owns luxury brands like Gucci; and Schneider Electric SE, another French company, recognized for its energy management and automation solutions. Additionally, the list includes Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC), crucial for its role in the semiconductor industry, and CSL Ltd. from Australia, which is involved in biopharmaceuticals. These companies are favored for their strong environmental, social, and governance (ESG) practices, making them attractive to investors focused on sustainability.

Read the Full Morningstar Article at:
https://www.morningstar.com/sustainable-investing/these-8-foreign-stocks-are-widely-held-by-global-sustainable-funds