{"id":3709,"date":"2025-08-14T10:00:24","date_gmt":"2025-08-14T09:00:24","guid":{"rendered":"https:\/\/esgfire.com\/uncategorized\/esgfire-portfolio-report-for-may-2025-with-market-outlook-2-2\/"},"modified":"2025-08-14T22:43:02","modified_gmt":"2025-08-14T21:43:02","slug":"esgfire-portfolio-report-for-june-july-2025-with-market-outlook","status":"publish","type":"post","link":"https:\/\/esgfire.com\/en\/portfolio\/esgfire-portfolio-report-for-june-july-2025-with-market-outlook\/","title":{"rendered":"ESGFIRE portfolio report for June\/july 2025 with Market Outlook"},"content":{"rendered":"<p><strong>\u00a0Originally published on 14\/8 2025<\/strong><\/p>\n<p>ESGFIRE returns since 2018: + 1000 %<\/p>\n<p>Don&#8217;t forget to subscribe to our newsletter since that is our main point of contact with our readers.<\/p>\n<p><a href=\"https:\/\/esgfire.com\/en\/newsletter-2\/\">Click this link to sign up for our free newsletter!<\/a><\/p>\n<h1 data-start=\"261\" data-end=\"304\"><\/h1>\n<h2 data-start=\"306\" data-end=\"362\">Market commentary &amp; small-cap ESG outlook (June\u2013July)<\/h2>\n<p data-start=\"363\" data-end=\"792\">Inflation cooled enough for most central banks to keep rates on hold, which helped risk appetite stabilize into early summer. Small caps were choppier than megacaps, but July showed signs of life: the Russell 2000 outperformed the Russell 1000 in July (2.68% vs 2.59% total return) after June\u2019s softness, a reminder that rate relief tends to help the smaller end of the market first. <span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/www.lseg.com\/en\/insights\/ftse-russell\/us-mega-caps-jostled-for-top-spot-at-2025-russell-recon?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">lseg.com<\/span><\/span><\/span><\/a><\/span><\/span><span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/www.franklintempleton.com\/articles\/2025\/royce-investment-partners\/an-uncertain-short-term-forecast-for-a-resilient-us-small-cap-market?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">franklintempleton.com<\/span><\/span><\/span><\/a><\/span><\/span><\/p>\n<p data-start=\"794\" data-end=\"1114\">Policy tailwinds for ESG stayed intact. The EU\u2019s Packaging &amp; Packaging Waste Regulation entered into force 11 Feb 2025 (general application from Aug 2026), reinforcing demand for recyclable\/compostable packaging \u2014 a positive read-through for sustainable-materials names. <span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/environment.ec.europa.eu\/topics\/waste-and-recycling\/packaging-waste_en?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">Environment<\/span><\/span><\/span><\/a><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2 data-start=\"1121\" data-end=\"1139\">Current ESGFIRE Portfolio Public holdings:<\/h2>\n<p><strong><br \/>\nClean Motion (Nasdaq First North: CLEMO) \u2014 e-mobility (solar-assisted urban delivery)<br \/>\n<\/strong><br \/>\nPerformance Year-to-Date (YTD): + 41 %<\/p>\n<p data-start=\"1231\" data-end=\"1261\">What happened in June\u2013July<\/p>\n<p data-start=\"1264\" data-end=\"1560\">-Financing secured; observation status removed. Clean Motion disclosed SEK 10.1m in new financing on June 5. Following that, Nasdaq Stockholm removed the company\u2019s \u201cobservation status\u201d on June 19. This materially de-risked near-term liquidity. <span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/view.news.eu.nasdaq.com\/view?id=b17c562deffe56215dbd899bd9a44fbfe&amp;lang=en&amp;utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">view.news.eu.nasdaq.com<\/span><\/span><\/span><\/a><\/span><\/span><span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/www.tradingview.com\/news\/reuters.com%2C2025-06-19%3Anewsml_SSNf7zF%3A0-the-observation-status-for-clean-motion-ab-is-removed\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">TradingView<\/span><\/span><\/span><\/a><\/span><\/span><\/p>\n<p data-start=\"1563\" data-end=\"1776\">-Tier-one industry exposure. Clean Motion exhibited EVIG at EVS38 (Gothenburg, June 15\u201318), highlighting the lightweight, solar-assisted design for last-mile logistics. <span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/cleanmotion.se\/investors\/press-releases\/5AF26C20DCD95D0A?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">cleanmotion.se<\/span><\/span><\/span><\/a><\/span><\/span><span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/www.automotiveworld.com\/news-releases\/clean-motion-to-exhibit-at-evs38-in-gothenburg\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">Automotive World<\/span><\/span><\/span><\/a><\/span><\/span><\/p>\n<p data-start=\"1779\" data-end=\"2079\">-Fresh R&amp;D support. On July 2 the company announced SEK 376,200 in funding from the Swedish Energy Agency to run a multi-country, real-world solar-mobility study with VTI. (The release specifies \u201cacross five countries\u201d but does not list them.) <span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/cleanmotion.se\/investors\/press-releases\/8B54839F1A88E880?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">cleanmotion.se<\/span><\/span><\/span><\/a><\/span><\/span><span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/view.news.eu.nasdaq.com\/view?id=bd7f075e68150ef0c0493d09af65ddef3&amp;lang=en&amp;src=micro&amp;utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">view.news.eu.nasdaq.com<\/span><\/span><\/span><\/a><\/span><\/span><\/p>\n<p data-start=\"2081\" data-end=\"2354\"><strong data-start=\"2081\" data-end=\"2106\">ESGFIRE Comment:<\/strong><br \/>\nThe June financing and observation-status removal were the key de-risking events into H2. Visibility also improved with EVS38 exposure and the VTI\/energy-agency project, which should produce field data to support EVIG\u2019s \u201cenergy-autonomous\u201d thesis.<\/p>\n<p data-start=\"2872\" data-end=\"2945\"><strong>Replenish Nutrients (CSE: ERTH; OTC: VVIVF) \u2014 regenerative fertilizer<\/strong><\/p>\n<p data-start=\"1141\" data-end=\"1230\">Performance Year-to-Date (YTD):\u00a0 +125.00%<\/p>\n<p data-start=\"2946\" data-end=\"2976\">What happened in June\u2013July<\/p>\n<p>-Q1 2025 (released May 30) set the tone heading into summer: revenue C$0.4m (seasonally light), gross margin 19% (vs 12%), net loss C$1.2m (vs C$1.6m), and positive operating cash flow (~C$0.1m). The update reiterated Beiseker is targeting ~2,000 t\/month at full ramp, with firm orders for the first 6,000 t; financing of ~C$5.6m (C$1.4m in Q1 + C$4.2m post-Q1) supports the build-out. <span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/www.newswire.ca\/news-releases\/replenish-nutrients-announces-2025-first-quarter-financial-results-and-business-update-849701769.html?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">newswire.ca<\/span><\/span><\/span><\/a><\/span><\/span><\/p>\n<p data-start=\"3440\" data-end=\"3773\">-Commissioning timing (important nuance): the formal commissioning update for Beiseker was announced Aug 5 (i.e., just outside this June\u2013July window): initial production runs started; commissioning refinement ongoing. We reference it here only to mark the inflection right after July. <span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/www.newswire.ca\/news-releases\/replenish-nutrients-announces-beiseker-facility-update-809989422.html?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">newswire.ca<\/span><\/span><\/span><\/a><\/span><\/span><\/p>\n<p data-start=\"3775\" data-end=\"4040\"><strong data-start=\"3775\" data-end=\"3800\">ESGFIRE Comment:<\/strong><br \/>\nThe story into June\u2013July was about <em data-start=\"3836\" data-end=\"3847\">readiness<\/em>: funding in place, pre-sold initial volumes, and commissioning steps underway. The Aug 5 note confirms the plant flipped from project to production in early August \u2014 a catalyst for H2 revenue.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Non public investment portfolio Outlook <\/strong><\/p>\n<p data-start=\"4573\" data-end=\"4871\">-Alchemy (clean-tech; private): Still guided (per prior ESGFIRE commentary) toward a potential late-2025 listing; June\u2013July brought no new public filings we could verify. We continue to frame IPO timing\/value uplift as expectations, not commitments.<\/p>\n<p data-start=\"4875\" data-end=\"5181\">-Ola Media (media\/tech; private): Continues to prepare for a targeted Q4 2025 listing and has been working on a late-stage funding round; no June\u2013July filings publicly available. We keep performance language as ESGFIRE outlook until there\u2019s a formal filing.<\/p>\n<p data-start=\"5185\" data-end=\"5597\">-Evanesce Packaging Solutions (sustainable packaging; private): Regulatory backdrop remained supportive with the EU\u2019s PPWR now in force and general applicability set for Aug 2026, aiding compostable\/recyclable packaging demand. No June\u2013July company press releases located in public databases; IPO timing in late 2025 remains an expectation pending formal steps. <span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/environment.ec.europa.eu\/topics\/waste-and-recycling\/packaging-waste_en?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">Environment<\/span><\/span><\/span><\/a><\/span><\/span><span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" href=\"https:\/\/www.khlaw.com\/insights\/new-eu-packaging-and-packaging-waste-regulation-highlights-and-challenges-ahead?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-full grow truncate overflow-hidden text-center\">khlaw.com<\/span><\/span><\/span><\/a><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong>About us:<\/strong><br \/>\n<strong>ESGFIRE is a Swedish investment company and research firm that focuses on companies with either an environmentally friendly service or product. ESGFIRE has a performance record of over 1000 % returns since 2018. By only investing in environmentally friendly companies, ESGFIRE have outperformed the major indexes for several years. We have a track record of over 1100 % returns since 2018 using our own proven method of identifying high potential ESG companies.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><b>Contact details<br \/>\nWebsite:\u00a0<\/b><a href=\"https:\/\/www.esgfire.com\/\"><span class=\"s1\">www.esgfire.com<\/span><\/a><b><br \/>\nGroup CEO: Filip Erhardt<br \/>\nEmail:\u00a0<\/b><a href=\"mailto:%20Filip@esgfire.com\"><span class=\"s1\">Filip@esgfire.com<\/span><\/a><br \/>\n<b>Telephone:+46701609605<\/b><\/p>\n<p>Legal Disclaimer<\/p>\n<p>The stock price development above was calculated by taking the opening price at the first day of the month and the closing price at the last day of the month.<\/p>\n<p>This post is based upon reliable sources, namely regulated press releases from the company, as referred to above. Nevertheless, this post may contain interpretations, estimates, or opinions of the authors, or other non-factual information. If that is the case, this is continuously stated above. Furthermore, any projections, forecasts, or similar are explicitly stated as such. These projections, forecasts, or similar have been conducted based on EV\/SALES multiple calculations.<\/p>\n<p>The author holds shares and\/or other securities of these companies and the relevant<br \/>\ncompanies may or may not have paid the author for content posted on this website. This<br \/>\nmay impact the content on the website. Because of the above, ESG Fire urges the visitors to always analyze all the posts critically in an objective manner, e.g., concerning the reliability of the relevant source and of what constitutes the authors&#8217; personal interpretations. The visitor is hereby reminded that the post does, as set forth in the Post, contain interpretations, estimates, or opinions of the authors. This post was written by Filip Erhardt , at ESGFIRE\u00a0 , published at August 14th, 2025.<\/p>\n<p>Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advice or recommendations of any kind to either buy or sell any stocks.<\/p>\n<p>Companies may or may not be paying us for content posted on this websitee<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Originally published on 14\/8 2025 ESGFIRE returns since 2018: + 1000 % Don&#8217;t forget to subscribe to our newsletter since that is our main point of contact with our readers. Click this link to sign up for our free newsletter! Market commentary &amp; small-cap ESG outlook (June\u2013July) Inflation cooled enough for most central banks to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2487,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[148,130,129,128],"tags":[],"class_list":["post-3709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-posts","category-market-update","category-portfolio","category-reports-news-interviews"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ESGFIRE portfolio report for June\/july 2025 with Market Outlook - ESG Fire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/esgfire.com\/en\/portfolio\/esgfire-portfolio-report-for-june-july-2025-with-market-outlook\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ESGFIRE portfolio report for June\/july 2025 with Market Outlook - ESG Fire\" \/>\n<meta property=\"og:description\" content=\"\u00a0Originally published on 14\/8 2025 ESGFIRE returns since 2018: + 1000 % Don&#8217;t forget to subscribe to our newsletter since that is our main point of contact with our readers. 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