Best ESG Stocks in Canada This November 2025
Canadian sustainable investing is rapidly transforming the financial landscape. According to Statistics Canada, sustainable investments now represent 14.3% of total investment portfolios, signaling a profound shift toward environmental, social, and governance (ESG) considerations. Investors seeking to align their financial strategies with meaningful impact can explore the most promising ESG stocks in the Canadian market this November. By understanding these top-performing sustainable investments, Canadians can make strategic investment strategies that balance financial returns with positive societal impact.
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Summary Table for Best ESG Stocks in Canada This November 2025
| Stock | Dividend | 1-Year Return | Learn More |
|---|---|---|---|
|
Anaergia Inc Growth Investment |
No | 17.9% | Learn More |
|
Tantalus Systems Holdings Inc Growth Investment |
No | 185.99% | Learn More |
|
CVW Sustainable Royalties (CVW.V) Investment |
No | 18.29% | Learn More |
|
Cameco Corporation (CCO.TO) Growth Investment |
No | 4% | Learn More |
|
Denison Mines Corp Growth Investment |
No | 68.05% | Learn More |
|
NexGen Energy Ltd Growth Investment |
No | 43.11% | Learn More |
|
Fortis Inc Dividend Income |
3.50% | N/A | Learn More |
|
Canadian National Railway (CNR.TO) Dividend Income |
2.66% | N/A | Learn More |
|
Enbridge Inc Dividend Income |
5.84% | 500% | Learn More |
|
Brookfield Asset Management (BAM) Dividend Income |
3.11% | 161.62% | Learn More |
1. Anaergia Inc
Anaergia Inc is a renewable energy company specializing in generating clean energy through advanced anaerobic digestion of organic residues. With a market capitalization of $430.62 million, the company offers innovative solutions in the sustainable energy sector.
Anaergia Inc
- Generates renewable energy from biogas
- Advanced anaerobic digestion technology
- Focuses on organic residue processing
- Enterprise value of $581.64 million
Pros
- Strong market capitalization
- Innovative renewable energy solutions
- Positive market performance
- Growing enterprise value
Cons
- No current dividend payments
- Relatively high Price-to-Sales ratio (3.5x vs peer average 2.3x)
- Negative earnings per share (EPS)
Why is it Our Top Pick?
Anaergia stands out for its innovative approach to renewable energy generation, converting organic waste into sustainable power solutions. The company has demonstrated market-beating performance, exceeding the Canadian market's 17.9% return and showing potential for growth in the clean energy sector.
2. Tantalus Systems Holdings Inc
Tantalus Systems Holdings is a cutting-edge technology company providing smart grid solutions for utilities in North America, helping modernize electrical infrastructure through advanced connected device platforms. With impressive recent returns, the company demonstrates significant potential in the utility technology sector.
Tantalus Systems Holdings Inc
- Smart grid solutions for utilities
- Integrated connected device platforms
- Revenue of $49.17 million (20.97% year-over-year growth)
- Operates in Canada and United States
Pros
- Strong short-term performance
- Consistent revenue growth
- Innovative technology solutions
- Listed on TSX since 2021
Cons
- Negative profit margin (-3.31%)
- Low return on equity (-25.61%)
- Volatile long-term returns
3. CVW Sustainable Royalties (CVW.V)
CVW Sustainable Royalties is an innovative clean technology company focused on developing advanced solutions for the oil sands industry, specializing in the recovery of bitumen, solvents, minerals, and water from froth treatment tailings.
CVW Sustainable Royalties (CVW.V)
- Develops technology for recovery of bitumen, solvents, minerals, and water
- Focuses on clean technology solutions for Canada's oil sands industry
- Recently rebranded from "CVW CleanTech Inc." to align with royalty strategy
- Provides innovative solutions to mining sector challenges
Pros
- Strong technological innovation in clean tech
- Significant historical return performance
- Flexible business model for portfolio diversification
Cons
- Pre-revenue company
- No current dividend yield
- Emerging technology with potential market uncertainty
4. Cameco Corporation (CCO.TO)
Cameco Corporation is a leading uranium production company with strong market positioning, providing critical fuel for electricity generation and demonstrating robust financial performance with consistent growth and positive analyst ratings.
Cameco Corporation (CCO.TO)
- Uranium provider for electricity generation
- Operates through Uranium, Fuel Services, and Westinghouse segments
- Traded on Toronto Stock Exchange (TSX) and NYSE
- Strong financial performance in 2025
Pros
- Solid financial performance
- Positive investor confidence
- Strong analyst recommendations
Cons
- Low dividend yield (0.11%)
- High PE ratio
- Volatility in nuclear energy market
5. Denison Mines Corp
Denison Mines Corp is a Canadian uranium exploration and development company with strategic interests in the Athabasca Basin region of Saskatchewan. The company stands out for its focused approach to uranium mining and potential growth in the nuclear energy sector.
Denison Mines Corp
- Uranium exploration and development company
- 95% interest in flagship uranium properties
- Focused in Athabasca Basin region of Saskatchewan
- Part of the 13 Best Nuclear Power Stocks
Pros
- Strong performance in uranium sector
- Significant market presence
- Potential for future growth
- Strategic project locations
Cons
- Currently unprofitable
- Valuation metrics suggest potential overvaluation
- Low growth score
- Reliance on future project execution
6. NexGen Energy Ltd
NexGen Energy Ltd is a Canadian uranium exploration and development company leveraging a strong portfolio of projects to deliver generational benefits for Canada and the global environment. The company shows promise in the uranium sector with impressive returns and strategic positioning.
NexGen Energy Ltd
- Uranium exploration and development stage company
- Strong portfolio of uranium properties
- Focused on Canadian uranium projects
- Momentum grade of A
Pros
- Impressive historical returns
- Momentum in stock performance
- Strategic project portfolio
- Potential for future growth
Cons
- Currently unprofitable
- No dividend payments
- Reliance on future project execution
- High implied volatility
7. Fortis Inc
Fortis Inc. is a leading utility company operating across Canada, the United States, and the Caribbean, offering investors a stable dividend and consistent growth with a forward dividend yield of 3.50% and projected annual dividend growth of 4-6% through 2029.
Fortis Inc
- Operates electric and gas utility assets in Canada, US, and Caribbean
- Serves more than 3.4 million electricity and gas customers
- Listed on Toronto Stock Exchange (TSX) and New York Stock Exchange (NYSE)
- Consistent dividend growth strategy through 2029
Pros
- Reliable utility sector investment
- Moderate but consistent dividend yield
- Long-term growth prospects
- Diversified geographic market presence
Cons
- Moderate dividend yield compared to some alternatives
- Utility sector can be sensitive to regulatory changes
- Limited high-growth potential
- Dependence on regulated markets
8. Canadian National Railway (CNR.TO)
Canadian National Railway is a premier transportation company with an extensive railway network spanning Canada and extending into the United States, offering investors a stable dividend and long-term growth potential through its strategic investments in automation and efficiency.
Canadian National Railway (CNR.TO)
- Railway network spanning Canada and extending to Gulf of Mexico
- Strong focus on service reliability and technological efficiency
- Diversified freight transportation mix
- Consistent profitability and capital returns
Pros
- Extensive transportation network
- Consistent gross profit performance
- Moderate buy consensus from analysts
- Strategic investments in automation
Cons
- Recent underperformance compared to market index
- Gradual freight recovery
- Sensitivity to economic cycles
- Potential regulatory challenges
9. Enbridge Inc
Enbridge is a leading multinational energy infrastructure company that owns and operates extensive pipeline networks across North America, providing critical transportation for crude oil and natural gas while generating significant dividend returns for investors.
Enbridge Inc
- Transports 30% of North America's crude oil
- Transports 20% of North America's natural gas
- Multi-billion-dollar project backlog
- Renewable energy generation capabilities
Pros
- Defensive business model
- Recurring revenue stream
- Strong infrastructure network
- Growing dividend history
Cons
- Exposure to energy sector volatility
- Dependence on pipeline infrastructure
- Potential regulatory challenges
10. Brookfield Asset Management (BAM)
Brookfield Asset Management is a global investment firm specializing in alternative assets, offering investors a diversified approach to wealth creation through strategic investments in infrastructure, real estate, renewable energy, and private equity.
Brookfield Asset Management (BAM)
- Global alternative asset management
- Investments in infrastructure and real estate
- Focus on long-term wealth generation
- Diversified investment portfolio
Pros
- Strong global investment platform
- Disciplined investment approach
- Deep operational expertise
- Diversified investment strategy
Cons
- Negative year-to-date performance
- Mixed analyst recommendations
- Potential market volatility risks
Final Words
Selecting the ideal financial product ultimately depends on your individual goals, spending patterns, and financial situation. We recommend comparing the features and benefits of our top picks, then taking action to optimize your financial strategy for the current market conditions.
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Frequently Asked Questions: Best ESG Stocks in Canada This November 2025
What are the top ESG stocks to invest in for Canadian investors in November 2025?
Anaergia Inc, Tantalus Systems Holdings Inc, CVW Sustainable Royalties, Cameco Corporation, and Denison Mines Corp are currently leading ESG investment opportunities in the Canadian market.
How can I evaluate the best sustainable investment options in Canada for November 2025?
Consider factors like environmental impact, financial performance, and sustainability ratings, with companies like Cameco Corporation showing strong potential in the nuclear and clean energy sector.
Which Canadian ESG stocks offer the most promising returns in November 2025?
Anaergia Inc stands out with its innovative waste-to-energy solutions, while Tantalus Systems Holdings Inc provides compelling clean technology investments for environmentally conscious investors.
What makes Cameco Corporation a top ESG stock choice for Canadian investors in 2025?
Cameco Corporation's leadership in nuclear energy and commitment to sustainable clean power production makes it a top performer in the Canadian ESG investment landscape.
How do CVW Sustainable Royalties compare to other ESG investment options in Canada?
CVW Sustainable Royalties offers a unique investment approach in the sustainable energy market, providing diversified exposure to renewable energy projects across Canada.