The Food & Beverage sector stood out as the best-performing sector in the past week, while multiple hydrogen companies also did well. One of them was Green Hydrogen Systems which rose following technical proof of concept for an electrolyser prototype. New companies have moved into the top 10, but the average return last week was again negative with -2,2% weekly return and most impact stocks are down this year.
NORDIC | IMPACT Helps you to invest more sustainably in the businesses of tomorrow. We track the development of more than 100 Nordic impact companies within multiple impact sectors from small to large cap.
Food & Beverage sector stands out
The Food & Beverages sector delivered a good return of 2%. The performance was driven by Opticept Technologies (37%) (Nordnet) and Nordic Aqua Partners (20,2%) (Nordnet). The Energy Production & Storage also delivered positive returns from a balanced increase across the sector. Year-to-date, the Nordic impact stocks have, on average, delivered a negative return of 8.5%.
Overview of the performance of each sector the past week
TOP 10 IMPACT STOCKS OF THE WEEK
Swedish Stirling AB (Nordnet) became the best stock of the week with a 42% increase, however on the background of an intention to delist. Danish Green Hydrogen Systems (Nordnet) increased 27% following technical proof of concept for an electrolyser prototype, while Hydrogenpro (Nordnet) and Scandinavian Enviro Systems (Nordnet) rose after earnings releases. The average return of the top 10 impact stocks last week was 24%
The 10 best-performing stocks in the past week
TOP 10 IMPACT STOCKS OF THE YEAR
Nordic Aqua Partners (Nordnet), a Norway-based salmon farming company, is topping the year-to-date performance chart following last week’s increase. The returns of the top 4 stocks are close with returns of 32-37%, and thus we might get a new best performer next week. Compared to last week, Ferroamp (Nordnet), Hynion (Nordnet), and Donkeyrepublic (Nordnet) entered the top 10 best-performing stocks of the year, while Tomra Systems (Nordnet), Merus Power (Nordnet), and Sun4Energy Group (Nordnet) moved out. The current average return of the top 10 stocks year-to-date is 25%.
Top 10 best-performing impact stocks of the year
All sectors year-to-date
Waste Management
The waste management sector, characterized by its essential and non-cyclical nature, often presents a stable investment opportunity with long-term potential, driven by increasing environmental awareness, regulatory demands, and the growing need for efficient waste disposal and recycling solutions. Despite this, the majority of the stocks have performed negatively this year. Scandinavian Enviro Systems, Agilyx, and Recyctec Holding have delivered 20%+ returns year-to-date. Renewcell is removed from the list as they filed for bankruptcy this week.
Waste Management – YTD
Energy Production & Storage
The Energy Production and Storage sector offers substantial investment opportunities, as it stands at the forefront of the transition towards renewable energy sources, driven by climate concerns and technological advancements. Year-to-date, only 4 stocks have delivered a positive return.
Energy Production & Storage – YTD
Energy Production Equipment & Services
The Energy Production Equipment & Services provides technical equipment and machines to other energy-producing companies such as Ørsted. The sector is to some extent influenced by oil and gas price fluctuations and industry trends. Year to date, Ferroamp, Green Hydrogen Systems, and Volue are doing great with 10%+ returns.
Energy Production Equipment & Services – YTD
Power2X & Fuel Cells
The Power-to-X and Fuel Cells sector offers exciting investment opportunities in the evolving landscape of clean and sustainable energy technologies, but investors should also be mindful of the evolving regulatory and competitive landscape in this rapidly advancing field. Only Hynion and Biokraft International have delivered a positive return year-to-date.
Power2X & Fuel Cells – YTD
Food & Beverages
The food and beverages sector is heavily driven by consumer demand and having strong brands is a major advantage. Investors should consider factors such as changing consumer preferences, health and sustainability trends, and global supply chain dynamics to identify promising opportunities. Year to date, Opticept Technologies is the odd one with an almost 30% decrease in stock price.
Food & Beverages – YTD
CO2 & Carbon Capture
The CO2 and Carbon Capture sector presents compelling investment opportunities for companies capturing and removing carbon dioxide from the atmosphere. It is a small sector comprising only 6 stocks, with Enersize Oyj as the best-performing year-to-date by a large margin.
CO2 & Carbon Capture sector YTD
Mobility
The mobility sector includes among others ride-sharing platforms and the development of electric vehicles to lower emissions and costs for consumers while increasing flexibility. Mobility is the smallest sector we track with totalling 5 stocks. Donkey Republic and Havila Kystruten are the only companies that have delivered a positive return year-to-date.
Mobility YTD
