Green chips are
stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...
s in a companies in "
green
Green is the color between cyan and yellow on the visible spectrum. It is evoked by light which has a dominant wavelength of roughly 495570 Nanometre, nm. In subtractive color systems, used in painting and color printing, it is created by ...
" or
environmentally friendly
Environment friendly processes, or environmental-friendly processes (also referred to as eco-friendly, nature-friendly, and green), are sustainability and marketing terms referring to goods and services, laws, guidelines and policies that cl ...
industries or that operate in a socially responsible manner. It is a play on the term
blue chip
Blue chip may refer to:
* Blue casino token
* Blue chip (stock market), a corporation with a national reputation for quality, reliability, and the ability to operate profitably
* Blue chip (sports), collegiate athletes who are targeted by professio ...
stocks with the word "green" representing
eco investing
Eco-investing or green investing, is a form of socially responsible investing where investments are made in companies that support or provide environmentally friendly products and practices. These companies encourage (and often profit from) New Te ...
or more broadly
socially responsible investing
Socially responsible investing (SRI), social investment, sustainable socially conscious, "green" or ethical investing, is any investment strategy which seeks to consider both financial return and social/environmental good to bring about so ...
.
Green chip companies can be involved in industries such as
solar energy
Solar energy is radiant light and heat from the Sun that is harnessed using a range of technologies such as solar power to generate electricity, solar thermal energy (including solar water heating), and solar architecture. It is an ...
,
wind energy
Wind power or wind energy is mostly the use of wind turbines to generate electricity. Wind power is a popular, sustainable, renewable energy source that has a much smaller impact on the environment than burning fossil fuels. Historically, ...
,
geothermal,
plug-in hybrid electric vehicles (PHEV),
organic food
Organic food, ecological food or biological food are food and drinks produced by methods complying with the standards of organic farming. Standards vary worldwide, but organic farming features practices that cycle resources, promote ecological ...
s,
water
Water (chemical formula ) is an inorganic, transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's hydrosphere and the fluids of all known living organisms (in which it acts as ...
,
carbon trading,
waste-to-energy
Waste-to-energy (WtE) or energy-from-waste (EfW) is the process of generating energy in the form of electricity and/or heat from the primary treatment of waste, or the processing of waste into a fuel source. WtE is a form of energy recovery. ...
,
smart grid
A smart grid is an electrical grid which includes a variety of operation and energy measures including:
* Advanced metering infrastructure (of which smart meters are a generic name for any utility side device even if it is more capable e.g. a ...
,
hydrogen fuel cells, cannabis, regenerative farming, responsible banking, and psychedelic medicines.
History
The term "green chip stocks", which refers to the publicly traded companies in the green market has been accredited to
Jeff Siegel
Jeff Siegel is an American financial writer, publisher and musician. He is the author of the bestseller ''Investing in Renewable Energy: Making Money on Green Chip Stocks'' along with Nick Hodge and Chris Nelder and is credited with coining the ...
, who first used the term in 2004.
See also
*
Chip
*
Blue chip
Blue chip may refer to:
* Blue casino token
* Blue chip (stock market), a corporation with a national reputation for quality, reliability, and the ability to operate profitably
* Blue chip (sports), collegiate athletes who are targeted by professio ...
*
Red chip
Red chip stocks () are the stocks of mainland China companies incorporated outside mainland China and listed in Hong Kong. It refers to businesses based in mainland China and with (majority) shares controlled either directly or indirectly by ...
*
P chip
The term P chip () refers to Chinese companies listed on the Hong Kong Stock Exchange which are incorporated in the Cayman Islands, Bermuda and the British Virgin Islands with operations in mainland China, and are run by private sector Chinese bus ...
*
S chip
*
Purple chip
References
{{reflist
External links
"Green Chip Stocks"– an investment blog
Stock market terminology