Circular Economy and the Eight Stocks to Watch
- September 8, 2021
A Call Featuring Jane Ross, Managing Director of Investment Banking, and Noah Kaye, Managing Director and Senior Analyst
The Let’s Talk Future podcast series is committed to tackling big thematic subjects that have major investment implications, which is why we’re exploring the circular economy. In this episode, “Circular Economy and the Eight Stocks to Watch,” Jane Ross, Managing Director of Investment Banking, and Noah Kaye Managing Director and Senior Analyst at Oppenheimer discuss how to create an economic system where re-usability is the driver, minimizing waste is the goal, and where to find investment opportunities in the solutions.
Noah Kaye is a senior analyst in Oppenheimer’s Sustainable Growth and Resource Optimization research practice. He is a leading expert on the implications for industries like plastics, mining, construction, and the power sector, and the opportunities for break-through technological innovations.
Tune in to discover which companies are driving the effort to create a circular economy.
Listen on Spotify, Apple Podcast, or Google Podcast.
Episode Highlights Include:
Introduction:
The Let's Talk Future podcast series is committed to tackling big thematic subjects with significant investment implications, which is why we're exploring the circular economy. In this episode, Jane Ross, Managing Director of Investment Banking, and Noah Kaye, Managing Director and Senior Analyst at Oppenheimer, discuss how to create an economic system where minimizing waste is the goal, and where to find investment opportunities in the solutions.
Addressing the Problem and System Health:
Natural resources are finite, and reusability has deep-rooted origins in many cultures over human history. The idea of a circular economy is fascinating: a circular economy is regenerative by design and aims to gradually decouple growth from the consumption of finite resources while rebuilding overall system health, benefitting businesses, society, and the environment.
Energy Saving Statistics
Energy and cost savings associated with increased resource efficiency is successful. Designing products with secondary raw materials instead of virgin, such as metal, glass, or paper production, can yield 20% to 90% energy savings. That increased rate or resource productivity increases growth and jobs.
The Regulatory Front
One of the topics discussed in this episode addresses optimism on the regulatory front, especially regarding plastics - the most ubiquitous household product. Today, the plastics economy's economic value loss is around $120 billion annually due to a lack of circularity.
Additional Reading:
Noah Kaye, the Managing Director and Senior Analyst at Oppenheimer references two publications providing perspective and historical lessons for why collaboration, design, and human intention propel a circular economy. For additional reading, check out "Natural Capitalism" and "Cradle to Cradle: Remaking the Way We Make Things."
About Our Guest Expert
Noah Kaye, the Managing Director and Senior Analyst in Oppenheimer's sustainable growth and resource optimization research practice, has deep experience in analysis and operational roles in sustainable finance, alternative transport, industrial efficiency, and waste and environmental services. He holds a B.A. from Yale, an M.A. from Johns Hopkins, and an M.B.A. from Wharton.
ESG Summit
With an invitation to investors, Oppenheimer will kick off its first Environmental, Social, and Governance Summit (ESG) on September 28, 2021. Industry experts will highlight circular economy trends and efficiency and de-carbonization of the transport sector.
Next Up
Disclosure
This podcast is the property of Oppenheimer & Co. Inc. and should not be copied, distributed, published or reproduced, in whole or in part. The information/commentary contained in this recording was obtained from market conditions and professional sources, and is educational in nature. The information presented has been derived from sources believed to be reliable but is not guaranteed as to accuracy and does not purport to be a complete analysis of any strategy, plan, security, company, or industry involved. Opinions expressed herein are subject to change without notice. Oppenheimer has no obligation to provide any updates or changes. Any examples used in this material are generic, hypothetical and for illustration purposes only. All price references and market forecasts are as of the date of recording. This podcast is not a product of Oppenheimer Research, nor does it provide any financial, economic, legal, accounting, or tax advice or recommendations. Any liability therefore (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed.
Securities and other financial instruments that may be discussed in this report or recommended or sold are not insured by the Federal Deposit Insurance Corporation and are not deposits or obligations of any insured depository institution. Investments involve numerous risks including market risk, counterparty default risk and liquidity risk. Securities and other financial investments at times maybe difficult to value or sell. The value of financial instruments may fluctuate, and investors may lose their entire principal investment. Prior to making any investment or financial decisions, an investor should seek advice from their personal financial, legal, tax and other professional advisors that take into account all of the particular facts and circumstances of an investor's own situation. The views and strategies described may not be suitable for all investors. This report does not take into account the investment objectives, financial situation or specific needs of any particular client of Oppenheimer or its affiliates.
This presentation may contain forward looking statements or projections regarding future events. Forward-looking statements and projections are based on the opinions and estimates of Oppenheimer as of the date of this podcast, and are subject to a variety of risks and uncertainties as well as other factors, including economic, political, and public health factors, that could cause actual events or results to differ materially from those anticipated in the forward-looking statements and projections. Past performance does not guarantee future results.
The performance of a benchmark index is not indicative of the performance of any particular investment; however, they are considered representative of their respective market segments. Please note that indexes are unmanaged and their returns do not take into account any of the costs associated with buying and selling individual securities. Individuals cannot invest directly in an index.
In the past 12 months, Oppenheimer & Co. Inc. has provided investment banking services for AMRC, HASI and PCT.
In the past 12 months, Oppenheimer & Co. Inc. has managed or co-managed a public offering of securities for AMRC and HASI.
In the past 12 months, Oppenheimer & Co. Inc. has received compensation for investment banking services from AMRC and PCT.
In the past 12 months, Oppenheimer & Co. Inc. has provided non-investment banking, securities-related services for AMRC.
In the past 12 months, Oppenheimer & Co. Inc. or an affiliate has received compensation for non-investment banking services from AMRC.
Oppenheimer Transacts Business on all Principal Exchanges and Member SIPC 3702762.1