Global Climate Solution Stocks

A comprehensive list of publicly listed companies that generate >50% of their revenue from climate solutions that are headquartered in the following seven major global regions.

Note that we provide this list as a publicly available resource solely for the purpose of education. This list was created in 2025 and is not updated on a regular cadence.

Company type:

Index status:

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Company

HQ country

Solution type

Index status

Description

Ero Copper Corp.

HQ country:

🇺🇸 United States

Solution type:

Critical Minerals

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Ero Copper owns three copper mines in Brazil. Copper is a critical mineral for the buildout of a zero carbon electrical future as it is used both in electric motors and expanding the grid. It is also infinitely recyclable.

Metals Acquisition Limited

HQ country:

🇺🇸 United States

Solution type:

Nuclear Power

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

MTAL is a mining company that generates over 96% of its revenue from copper, a key mineral in the energy transition that is also infinitely recyclable.

Critical Metals Corp.

HQ country:

🇺🇸 United States

Solution type:

Critical Minerals

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Critical Metals Corp is a Pureplay (No Review) lithium mining company. Lithium is a key component for lithium ion batteries.

Uranium Royalty Corp.

HQ country:

🇺🇸 United States

Solution type:

Critical Minerals

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Uranium Royalty is a pure-play uranium mining company that primarily mines for uranium in Canada. Uranium is needed to power nuclear energy, a fossil-fuel free power source.

Energy Fuels Inc.

HQ country:

🇺🇸 United States

Solution type:

Critical Minerals

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Energy Fuels generates a majority of its revenue from the mining and processing of uranium, vanadium, and rare earth metals, all of which are needed to decarbonize our economy.

Lithium Americas (Argentina) Corp.

HQ country:

🇺🇸 United States

Solution type:

Critical Minerals

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Lithium Americas is a Pureplay (No Review) lithium miner. Lithium is a key resource for lithium ion batteries, a critical climate solution

Stardust Power Inc.

HQ country:

🇺🇸 United States

Solution type:

Critical Minerals

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Stardust Power Inc. is a vertically-integrated lithium refinery that engages in producing battery-grade lithium. The company was founded in 2022 and is based in Greenwich, Connecticut.

ASP Isotopes Inc.

HQ country:

🇺🇸 United States

Solution type:

Insulation

Building efficiency

Index status:

Lacks Information

Lacks Information

ASP Isotopes refined uranium, but for a variety of uses including medical. Given their lack of breakdown, we not include them.

EHang Holdings Limited

HQ country:

🇺🇸 United States

Solution type:

Critical Minerals

Clean energy

Index status:

Lacks Information

Lacks Information

EHang provide electric short range flights. However they also provide aerial surveillance and advertising/entertainment. It is not clear how much revenue comes from each branch

Universal Stainless & Alloy Products, Inc.

HQ country:

🇺🇸 United States

Solution type:

Nuclear Power

Clean energy

Index status:

Lacks Information

Lacks Information

Universal Stainless is a steel maker that recycles scrap metal from its own production. But they don't disclose how much of its raw material is scrap metal, so they’re excluded for lack of sufficient information.

Lifezone Metals Limited

HQ country:

🇺🇸 United States

Solution type:

Recycled Metals

Circular economy

Index status:

Lacks Information

Lacks Information

According to their 20f, Lifezone "do not expect to generate any revenue from our mining projects in the foreseeable future." so we exclude them

Ascent Solar Technologies, Inc.

HQ country:

🇺🇸 United States

Solution type:

Critical Minerals

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Snow Lake Resources Ltd.

HQ country:

🇺🇸 United States

Solution type:

EV Infrastructure

Clean transportation

Index status:

Failed Revenue Filter

Failed Revenue Filter

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Heramba Electric plc

HQ country:

🇺🇸 United States

Solution type:

Mass Transit

Clean transportation

Index status:

Failed Revenue Filter

Failed Revenue Filter

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Sociedad Química y Minera de Chile S.A.

HQ country:

🇺🇸 United States

Solution type:

Energy Storage

Clean energy

Index status:

Lacks Information

Lacks Information

While SQM does mine for some critical minerals, they do not disclose the breakdown between those and others (like gold and silver) so we exclude them for lack of information.

Enovix Corporation

HQ country:

🇺🇸 United States

Solution type:

Electric Aviation

Clean transportation

Index status:

Lacks Information

Lacks Information

Enovix is a battery maker but they make batteries for many applications including non-climate solutions like smart phones and laptops. They do not disclose the revenue breakdown from each, so we exclude them.

U Power Limited

HQ country:

🇺🇸 United States

Solution type:

Electric Cars

Clean transportation

Index status:

Failed Revenue Filter

Failed Revenue Filter

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Arcadia Biosciences, Inc.

HQ country:

🇺🇸 United States

Solution type:

Recycled Metals

Circular economy

Index status:

Failed Revenue Filter

Failed Revenue Filter

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Vision Marine Technologies Inc.

HQ country:

🇺🇸 United States

Solution type:

Solar, Pvs

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Vertex Energy, Inc.

HQ country:

🇺🇸 United States

Solution type:

Electric Cars

Clean transportation

Index status:

Failed Revenue Filter

Failed Revenue Filter

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Corep Lighting Société anonyme

HQ country:

🇫🇷 France

Solution type:

LED

Building efficiency

Index status:

Failed Revenue Filter

Failed Revenue Filter

Corep Lighting is a French firm that specializes in lamp shades and recess lighting. While they do offer LEDs, most of their revenue comes from shades, so we exclude them as of our 2025 review.

Zoomability Int AB (publ)

HQ country:

🇸🇪 Sweden

Solution type:

Electric Cars

Clean transportation

Index status:

No Climate Solution

No Climate Solution

Zoomability makes an electric wheelchair that can go offroad. As this does not replace a use for fossil fuels (any non human-powered wheelchairs are electric), we exclude them, again in our 2025 review.

Rudnik Me Ica Tab Tovarna Akumulatorskihbaterij D.D.

HQ country:

🇸🇮 Slovenia

Solution type:

Energy Storage

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Tab is a Slovenian battery producer that generates more of their revenue from automotive starter batteries than energy storage batteries.

Robot, S.A.

HQ country:

🇪🇸 Spain

Solution type:

Building Automation

Building efficiency

Index status:

Passes Revenue Filter

Passes Revenue Filter

Robot specializes in creating and installing building automation systems with a historical focus on hotels so they can use energy more efficiently.

Dadelo S.A.

HQ country:

🇵🇱 Poland

Solution type:

Electric Two Wheelers

Clean transportation

Index status:

Failed Revenue Filter

Failed Revenue Filter

Dadelo is a Polish online bike retailer. While they do sell e-bikes, they generate more revenue from traditional bicycles, which are not a direct climate solution.

TomTom N.V.

HQ country:

🇳🇱 Netherlands

Solution type:

EV Supply Chain

Clean transportation

Index status:

Failed Revenue Filter

Failed Revenue Filter

TomTom is a Dutch company that specializes in GPS devices. They do offer some products and integrations with EVs, but it's a small portion of their business.

Elhim Iskra AD

HQ country:

🇧🇬 Bulgaria

Solution type:

Energy Storage

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Elhim Iskra is a Bulgarian battery manufacturer that focuses on automobile starter batteries instead of energy storage batteries.

Redeia Corporación, S.A.

HQ country:

🇪🇸 Spain

Solution type:

Grid Expansion

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Redeia is a large owner and builder of electrical grids in Spain, helping more of that country use electricity instead of fossil fuels.

Lovisagruvan AB (publ)

HQ country:

🇸🇪 Sweden

Solution type:

Critical Minerals

Clean energy

Index status:

Lacks Information

Lacks Information

Lovisagruvan is a Swedish mining company that extracts zinc, lead, and silver. They do not provide a revenue breakdown of each that we can find as of our 2025 review.

Great Western Mining Corporation PLC

HQ country:

🇮🇪 Ireland

Solution type:

Critical Minerals

Clean energy

Index status:

Lacks Information

Lacks Information

Great Western Mining is an Irish firm that owns mining rights in Nevada in the US. They are exploring for both gold and copper, but as they have not begun, they do not have revenue from each, so we exclude them.

S.C. Promateris S.A.

HQ country:

🇷🇴 Romania

Solution type:

Bioplastics

Circular economy

Index status:

Pure Play

Pure Play

S.C. Promateris is a Romanian company that generates all of its revenue from developing and selling bio-based packaging materials that reduce the demand for fossil fuels in packaging and enable packaging to be composted instead of thrown away.

Charwood Energy SA

HQ country:

🇫🇷 France

Solution type:

Biomass

Clean energy

Index status:

No Climate Solution

No Climate Solution

Charwood is a biomass power producer in France. As we no longer consider Biomass a climate solution, we exclude it, again in our 2025 review.

Transition Evergreen SA

HQ country:

🇫🇷 France

Solution type:

Solar, PVs

Clean energy

Index status:

No Climate Solution

No Climate Solution

Transition Evergreen is a publicly traded fund that invests into climate solutions, not a company directly enabling climate solutions themselves, as of our 2025 review.

OSRAM Licht AG

HQ country:

🇩🇪 Germany

Solution type:

LED

Building efficiency

Index status:

Passes Revenue Filter

Passes Revenue Filter

OSRAM is a lighting company in Germany that provides many LED chips that enable LEDs to provide more energy efficient lighting

DonkeyRepublic Holding A/S

HQ country:

🇩🇰 Denmark

Solution type:

Electric Two Wheelers

Clean transportation

Index status:

Pure Play

Pure Play

DonkeyRepublic offers software for touchless bike rental services making it easy for anyone to rent a bike whenever they need instead of driving.

Bluelake Mineral AB (publ)

HQ country:

🇸🇪 Sweden

Solution type:

Critical Minerals

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Enertronica Santerno is an Italian construction firm that focuses primarily on solar plants, helping the Italian grid run more on sunshine.

Gruvaktiebolaget Viscaria

HQ country:

🇸🇪 Sweden

Solution type:

Critical Minerals

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Gruvaktiebolaget Viscaria is a Swedish mining company that primarily extracts copper, a critical mineral for the energy transition

Sin Cars Industry AD

HQ country:

🇧🇬 Bulgaria

Solution type:

Electric Cars

Clean transportation

Index status:

Failed Revenue Filter

Failed Revenue Filter

Sin Cars is a Bulgarian car manufacturer that generates more revenue from selling their high-end ICE sports car than their electric-powered trucks, so we exclude them as of our 2025 review.

Atalaya Mining Copper, S.A.

HQ country:

🇪🇸 Spain

Solution type:

Critical Minerals

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Atalaya Mining is a Spanish mining company that generates a majority of its revenue from extracting copper, a key mineral for the energy transition.

EuroGroup Laminations S.p.A.

HQ country:

🇮🇹 Italy

Solution type:

EV Supply Chain

Clean transportation

Index status:

Passes Revenue Filter

Passes Revenue Filter

EuroGroup is an Italian company that generated 57% of their revenue from building electric motors for use in EVs.

Dizon Copper-Silver Mines, Inc.

HQ country:

🇵🇭 Philippines

Solution type:

Critical Minerals

Clean energy

Index status:

Lacks Information

Lacks Information

Dizon Copper-Silver mines has not started extracting minerals, so we do not know their breakdown of revenue

Licogi 14 Joint Stock Company

HQ country:

🇻🇳 Vietnam

Solution type:

Hydropower

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Licogi 14 is a construction company in Vietnam that does construct hydropower projects, but generates most of its revenue from other public works like roadways.

CMH Vietnam Group JSC

HQ country:

🇻🇳 Vietnam

Solution type:

Hydropower

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Licogi 14 is a construction company in Vietnam that does construct hydropower projects, but generates most of its revenue from other public works like roadways.

Zixin Group Holdings Limited

HQ country:

🇸🇬 Singapore

Solution type:

Plant-Based Diet

Food & AG

Index status:

No Climate Solution

No Climate Solution

Zixin specializes in providing sweet potato packaged snacks like potato sticks. While these are plant-based foods, they do not directly replace animal-based products, so we exclude them

Khanh Hoa Power Joint Stock Company

HQ country:

🇻🇳 Vietnam

Solution type:

Hydropower

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Khanh Hoa Power is a Vietnamese utility that generates its power from hydropower, a carbon-free source

St. Augustine Gold and Copper Limited

HQ country:

🇸🇬 Singapore

Solution type:

Critical Minerals

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

St. Augustine extracts copper, but generates most of its revenue from non-critical minerals like gold and silver.

Construction and Investment Stock Company No 18

HQ country:

🇻🇳 Vietnam

Solution type:

Hydropower

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Construction and Investment is a construction company in Vietnam that does construct hydropower projects, but generates most of its revenue from other public works like roadways.

I.D.I International Development and Investment Corporation

HQ country:

🇻🇳 Vietnam

Solution type:

Improved Fisheries

Ocean sinks

Index status:

Failed Revenue Filter

Failed Revenue Filter

IDI International is a fish production company. They generate more of their revenue from producing feed and fish meal however, which are not directly related to improved fisheries, so we exclude them for now.

Ha Giang Mineral Mechanics Joint Stock Company

HQ country:

🇻🇳 Vietnam

Solution type:

Critical Minerals

Clean energy

Index status:

No Climate Solution

No Climate Solution

Ha Giang Mineral seems to only produce purified antimony which is not listed as a critical mineral for the energy transition.

Philex Mining Corporation

HQ country:

🇵🇭 Philippines

Solution type:

Critical Minerals

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Philex Mining extracts copper, but generates most of its revenue from non-critical minerals like gold and silver.

PT Atlantis Subsea Indonesia Tbk

HQ country:

🇮🇩 Indonesia

Solution type:

Wind Power

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Atlantis Subsea Indonesia provides underwater services for the wind industry, but generates the majority of their revenue from providing such services to the oil and gas industry.

Gelex Electricity Joint Stock Company

HQ country:

🇻🇳 Vietnam

Solution type:

Grid Expansion

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Gelex Electricity is a Vietnamese producer of a variety of products from wiring to transformers that are used to expand the electrical grid.

GPP Resources Berhad

HQ country:

🇲🇾 Malaysia

Solution type:

Biofuels

Clean energy

Index status:

Lacks Information

Lacks Information

GPP Resources generates most of their revenue from providing biogas and biomass reactors for palm oil farms in SE Asia. We do not consider biomass a climate solution and they do not breakdown their revenue from each category, so we exclude them.

Make To Win Holding Public Company Limited

HQ country:

🇹🇭 Thailand

Solution type:

Electric Two Wheelers

Clean transportation

Index status:

Passes Revenue Filter

Passes Revenue Filter

Make To Win is a Thai manufacturer that generated 89% of its revenue from selling electric motorcycles.

Thai Agro Energy Public Company Limited

HQ country:

🇹🇭 Thailand

Solution type:

Biofuels

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Thai Agro Energy makes ethanol based biofuels. We do not consider ethanol biofuels to be a climate solution unless they are derived from waste products.

Asiamet Resources Limited

HQ country:

🇮🇩 Indonesia

Solution type:

Critical Minerals

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Asiamet Resources is an Indonesian mining company that generates most of its revenue from extracting critical minerals like copper and zinc.

Light Up Total Solution Public Company Limited

HQ country:

🇹🇭 Thailand

Solution type:

LED

Building efficiency

Index status:

Pure Play

Pure Play

Light Up Total Solutions is a Thai provider of LED lights that enable users in Thailand to get the same light with far less electricity.

Swift Energy Technology Berhad

HQ country:

🇲🇾 Malaysia

Solution type:

Solar, PVs

Clean energy

Index status:

Lacks Information

Lacks Information

Swift Energy is a relatively new public company. They make process and control systems for a number of industries including both oil and gas and renewables. They do not provide an industry breakdown (yet), so we exclude them for now.

MAG Holdings Berhad

HQ country:

🇲🇾 Malaysia

Solution type:

Improved Fisheries

Ocean sinks

Index status:

Lacks Information

Lacks Information

MAG Holdings owns two Malaysian shrimp farms. They say they are in process of installing floating solar panels on their farms, so the farms would not need to run on diesel generators. When this happens, we will include them.

Manila Mining Corporation

HQ country:

🇵🇭 Philippines

Solution type:

Critical Minerals

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Manila Mining Corporation explores for a critical mineral, copper, but generates most of its revenue from gold and silver which are not critical minerals.

Plaza Wires Limited

HQ country:

🇮🇳 India

Solution type:

Grid Expansion

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Plaza Wires manufacturers wires and household appliances in India. From what we can their wires are mostly used for residential wiring, not grid expansion so we exclude them.

Suryachakra Power Corporation Limited

HQ country:

🇮🇳 India

Solution type:

Electrical Utility

Clean energy

Index status:

No Climate Solution

No Climate Solution

Suryachakra Power is an Indian utility that only sources from biomass (which we do not consider a climate solution) and coal for its generation, so we exclude them.

Marsons Limited

HQ country:

🇮🇳 India

Solution type:

Grid Expansion

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Marsons Limited specializes in manufacturing a range of electrical transformers that are necessary for expanding the electrical grid.

Indian Energy Exchange Limited

HQ country:

🇮🇳 India

Solution type:

Electrical Utility

Clean energy

Index status:

No Climate Solution

No Climate Solution

Indian Energy Exchange is a marketplace for trading on the spot price of electricity in the Indian grid. While tangentially helpful for integrating more renewables, they do not build a direct climate solution, so we exclude them.

Suryo Foods & Industries Limited

HQ country:

🇮🇳 India

Solution type:

Improved Fisheries

Ocean sinks

Index status:

No Climate Solution

No Climate Solution

Suryo Foods is a shrimp hatchery and export company. As they do not own any farms where improved fisheries practices could be tried, we exclude them.

Megatherm Induction Limited

HQ country:

🇮🇳 India

Solution type:

Grid Expansion

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Megatherm provides industrial equipment for a variety of use cases. While one is power distribution, they generate more of their revenue from the others like steel manufacturing.

K2 Infragen Limited

HQ country:

🇮🇳 India

Solution type:

Mass Transit

Clean transportation

Index status:

Failed Revenue Filter

Failed Revenue Filter

K2 Infragen is a construction firm in India. While they do build railways which can be a climate solution, they generate most of their revenue from generic construction like roadways, bridges, and buildings.

Tarmat Limited

HQ country:

🇮🇳 India

Solution type:

Mass Transit

Clean transportation

Index status:

Failed Revenue Filter

Failed Revenue Filter

Tarmat Limited is a construction firm in India. While they do build railways which can be a climate solution, they generate most of their revenue from generic construction like roadways, bridges, and buildings.

Gujarat Industries Power Company Limited

HQ country:

🇮🇳 India

Solution type:

Electrical Utility

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Gujarat Industries is an Indian electrical utility that generates only about a third of its power from renewables and the rest from gas and coal.

Power & Instrumental (Gujarat) Limited

HQ country:

🇮🇳 India

Solution type:

Grid Expansion

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Power & Instrumental (Gujarat) is an Indian construction firm that generates a majority of its revenue from building new grid transmission.

Sri KPR Industries Limited

HQ country:

🇮🇳 India

Solution type:

Wind Power

Clean energy

Index status:

Pure Play

Pure Play

Sri KPR Industries is a wind farm developer in India that enables their grid to run a little bit less on fossil fuels

Mac Charles (India) Limited

HQ country:

🇮🇳 India

Solution type:

Wind Power

Clean energy

Index status:

Pure Play

Pure Play

Mac Charles India specializes in wind energy generation in India, enabling more of that grid to run on wind

Spectrum Electrical Industries Limited

HQ country:

🇮🇳 India

Solution type:

Grid Expansion

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Spectrum Electrical Industries focused more on electrical components inside industrial facilities than those used in grid expansion, so we exclude them.

Dolfin Rubbers Limited

HQ country:

🇮🇳 India

Solution type:

EV Supply Chain

Clean transportation

Index status:

Failed Revenue Filter

Failed Revenue Filter

Dolfin Rubbers manufactures automotive tires in India. While some of the use cases are for electric vehicles, most are not, so we exclude them.

Inox Wind Energy Limited

HQ country:

🇮🇳 India

Solution type:

Wind Power

Clean energy

Index status:

Pure Play

Pure Play

Inox Wind Energy, a part of the Inox corporate family, specializes in building and selling wind turbines in India, enabling more of that grid to run on wind.

Hindustan Copper Limited

HQ country:

🇮🇳 India

Solution type:

Critical Minerals

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Hindustan Copper specializes in mining and refining copper in India, a critical mineral for the energy transition.

Adani Energy Solutions Limited

HQ country:

🇮🇳 India

Solution type:

Electrical Utility

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Adani Energy Solution is focused on transmitting electricity in India. As we know Adani's owned generation is mostly coal, we exclude them

KPI Green Energy Limited

HQ country:

🇮🇳 India

Solution type:

Solar, PVs

Clean energy

Index status:

Pure Play

Pure Play

KPI Green Energy is an Indian solar developer, owning multiple solar farms around the country.

Kaycee Industries Limited

HQ country:

🇮🇳 India

Solution type:

Grid Expansion

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Kaycee is an electrical component manufacturer in India. While some of their products may be used in grid expansion, they are generic things like switches, so we exclude them.

SGN Telecoms Limited

HQ country:

🇮🇳 India

Solution type:

Grid Expansion

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

SGN Telecoms specializes in building cables used in expanding the electrical grid. It also makes solar water heaters, another climate solution.

TotalEnergies Marketing Sénégal SA

HQ country:

🇸🇳 Senegal

Solution type:

LED

Building efficiency

Index status:

Failed Revenue Filter

Failed Revenue Filter

TotalEnergies is a Senegalese company that offers fuel, gas, and solar lamps. We dug into them for the latter, but they generate most of their revenue from fossil fuels, so we exclude them.

Societe Tunisienne de Verreries

HQ country:

🇹🇳 Tunisia

Solution type:

High Performance Glass

Building efficiency

Index status:

No Climate Solution

No Climate Solution

Societe Tunisienne de Verreries is a Tunisian manufacturer of glass bottles. While high performance glass windows are a climate solution as they help better insulate buildings, glass bottles are not.

Multiverse Mining and Exploration Plc

HQ country:

🇳🇬 Nigeria

Solution type:

Critical Minerals

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Multiverse Minerals is a Nigerian mining company that does extract some minerals critical for the energy transition, but generates most of its revenue from other minerals like gold.

CEC Africa Investments Limited

HQ country:

🇲🇺 Mauritius

Solution type:

Hydropower

Clean energy

Index status:

Lacks Information

Lacks Information

CEC African Investment invests into many power plants in Africa. They have not updated their materials since 2021, so we cannot accurately determine their mix of zero carbon vs. fossil fuel generated electricity.

The Egyptian Company for Construction Development

HQ country:

🇪🇬 Egypt

Solution type:

Grid Expansion

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

The Egyptian Company for Construction Development generates some of its revenue from building electrical transmission lines (a climate solution) but a majority from building and maintaining desalination plants, an important service, but not a climate solution

Auto Nejma Maroc S.A.

HQ country:

🇲🇦 Morocco

Solution type:

Electric Cars

Clean transportation

Index status:

No Climate Solution

No Climate Solution

Auto Nejma Maroc is a Moroccan provider of heavy duty vehicles. They are all ICE vehicles and offer no electrified alternatives.

Gold Fields Limited

HQ country:

🇿🇦 South Africa

Solution type:

Critical Minerals

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

While Gold Fields Limited does explore for some critical minerals like copper, it generates a majority of its revenue from, well Gold, which is not a critical mineral for the energy transition.

Transcorp Power Plc

HQ country:

🇳🇬 Nigeria

Solution type:

Electrical Utility

Clean energy

Index status:

No Climate Solution

No Climate Solution

Transcorp Power is a Nigerian electricity provider. They provide their electricity from a gas plant, so we exclude them

Sappi Limited

HQ country:

🇿🇦 South Africa

Solution type:

Recycling

Circular economy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Sappi Limited is a South African paper and cardboard manufacturer. While they do integrate recycled pulp into their process it is less than 50%, leading to us to exclude them

Gadwa for Industrial Development

HQ country:

🇪🇬 Egypt

Solution type:

Grid Expansion

Clean energy

Index status:

Lacks Information

Lacks Information

Gadwa for Industrial Development is an Egyptian company owned by AMG, a Saudi Arabian Conglomerate. They report to make cables but show no information on whether they are high-voltage electrical cables for the grid or low-voltage for electronics or residential use, so we exclude them for lacking information.

Travaux Généraux de Construction de Casablanca S.A

HQ country:

🇲🇦 Morocco

Solution type:

Solar, PVs

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Travaux Généraux de Construction de Casablanca is a Moroccan general construction company. While they have done some work on solar systems, the vast majority of their revenue comes from traditional construction activities.

Impala Platinum Holdings Limited

HQ country:

🇿🇦 South Africa

Solution type:

Critical Minerals

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

While Impala Platinum does explore for some critical minerals like copper, it generates a majority of its revenue from, well Platinum, which is not a critical mineral for the energy transition.

John Holt Plc

HQ country:

🇳🇬 Nigeria

Solution type:

Solar, PVs

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

John Holt is a Nigerian company that generates a majority of its revenue from distributing power generation systems that are almost all diesel generators. They also generate revenue from boats and firefighting equipment, neither of which are climate solutions.

One Tech Holding S.A.

HQ country:

🇹🇳 Tunisia

Solution type:

Grid Expansion

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

One Tech Holdings is a Tunisian electronics conglomerate. While they do make some products for the electrical grid, the majority of their revenue comes from traditional electronics manufacturing like circuit boards.

RioZim Limited

HQ country:

🇿🇼 Zimbabwe

Solution type:

Critical Minerals

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

While RioZim does explore for some critical minerals like copper, it generates a majority of its revenue from gold, which is not a critical mineral for the energy transition.

African Rainbow Minerals Limited

HQ country:

🇿🇦 South Africa

Solution type:

Critical Minerals

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

While African Rainbow does explore for some critical minerals like copper, it generates a majority of its revenue from gold, which is not a critical mineral for the energy transition.

Kenya Electricity Generating Company PLC

HQ country:

🇰🇪 Kenya

Solution type:

Geothermal

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

KenGen is a Kenyan utility that sources 86% of its electricity from zero carbon sources like hydro, geothermal, and wind.

Aveng Limited

HQ country:

🇿🇦 South Africa

Solution type:

Mass Transit

Clean transportation

Index status:

Failed Revenue Filter

Failed Revenue Filter

Aveng Limited is a South African construction firm. While they do engage in a few climate solution areas like rail and electrical grids, they generate a majority of their revenue from non-climate solution construction like buildings and roadways.

Wesizwe Platinum Limited

HQ country:

🇿🇦 South Africa

Solution type:

Critical Minerals

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

While Wesizwe Platinum does explore for some critical minerals like copper and cobalt, it generates a majority of its revenue from precious minerals like platinum and gold

Exxaro Resources Limited

HQ country:

🇿🇦 South Africa

Solution type:

Wind Power

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

While Exxaro Resources does operate two wind farms in South Africa, it generates a majority of its revenue from extracting coal.

Companhia Energética de Minas Gerais - CEMIG

HQ country:

🇧🇷 Brazil

Solution type:

Hydropower

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

CEMIG is a Brazilian utility that generates its power from zero carbon sources like hydro, solar, and wind

Companhia CELG de Participações S/A

HQ country:

🇧🇷 Brazil

Solution type:

Hydropower

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

CELG is a Brazilian electrical utility that generates all of its electricity from hydropower, thus passing our fossil fuel filter for utilities

Centaurus Metals Limited

HQ country:

🇧🇷 Brazil

Solution type:

Critical Minerals

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Centaurus Metals is a mining company in Brazil that generates a majority of its revenue from extracting nickel and copper, two minerals that are critical to the energy transition

Centrais Elétricas Brasileiras S.A. - Eletrobrás

HQ country:

🇧🇷 Brazil

Solution type:

Hydropower

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Centrais Elétricas Brasileiras S.A. - Eletrobrás is a Brazilian utility that generates over 90% of its electricity from hydropower, a carbon-free source of electricity.

Centrais Elétricas de Santa Catarina S.A.

HQ country:

🇧🇷 Brazil

Solution type:

Hydropower

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Centrais Elétricas de Santa Catarina is a Brazilian utility that generates 100% of its electricity from hydropower that does not require the burning of fossil fuels

Central Puerto S.A.

HQ country:

🇦🇷 Argentina

Solution type:

Electrical Utility

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Central Puerto is an Argentinian electrical utility. While they generate power from renewables, they generate more from thermal sources, so we exclude them

CGE Transmisión S.A.

HQ country:

🇨🇱 Chile

Solution type:

Grid Expansion

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

CGE Transmision is a Chilean owner of electrical transmission lines. While they do work to expand their grid, most of their revenue comes from maintaining their existing one, which is not in itself, a climate solution

Companhia de Eletricidade do Estado da Bahia - COELBA

HQ country:

🇧🇷 Brazil

Solution type:

Grid Expansion

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

COELBA is a Brazilian owner of electrical transmission lines. While they do work to expand their grid, most of their revenue comes from maintaining their existing one, which is not in itself, a climate solution.

Colbún S.A.

HQ country:

🇨🇱 Chile

Solution type:

Solar, PVs

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Colbun owns 26 electricity generation plants in Chile. They are owned by Minera Valparaiso. Despite owning many renewable plants, they generate a majority of their electricity from thermal sources, so we exclude them

Companhia Energética do Ceará - COELCE

HQ country:

🇧🇷 Brazil

Solution type:

Grid Expansion

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

COELCE is a Brazilian owner of electrical transmission lines. While they do work to expand their grid, most of their revenue comes from maintaining their existing one, which is not in itself, a climate solution

Compañía Eléctrica del Litoral S.A.

HQ country:

🇨🇱 Chile

Solution type:

Electrical Utility

Clean energy

Index status:

Lacks Information

Lacks Information

Compañía Eléctrica del Litoral is a Chilean electric utility. It owns its own generation, but it does not disclose where that generation comes from again in our 2025 review, so we exclude them

Companhia Estadual de Distribuição de Energia Elétrica

HQ country:

🇧🇷 Brazil

Solution type:

Grid Expansion

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Companhia Estadual de Distribuição de Energia Elétrica is a Brazilian owner of electrical transmission lines. While they do work to expand their grid, most of their revenue comes from maintaining their existing one, which is not in itself, a climate solution.

Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A.

HQ country:

🇦🇷 Argentina

Solution type:

Grid Expansion

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Compania de Transporte is an Argentinian electrical grid maintenance and expansion company, a key climate solution. They are included because they provide maintenance services to third parties as well as their own.

Compañía General de Electricidad S.A.

HQ country:

🇨🇱 Chile

Solution type:

Grid Expansion

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Compañía General de Electricidad is a Chilean owner of electrical transmission lines. While they do work to expand their grid, most of their revenue comes from maintaining their existing one, which is not in itself, a climate solution.

Compañía Minera San Ignacio de Morococha S.A.A.

HQ country:

🇵🇪 Peru

Solution type:

Critical Minerals

Clean energy

Index status:

Pure Play

Pure Play

Compania Minera San Ignacio is a Peruvian mining company that explores for two critical minerals: lead and zinc, both of which are needed in far greater quantities for the energy transition.

Cox Energy América, S.A.B. de C.V.

HQ country:

🇲🇽 Mexico

Solution type:

Solar, PVs

Clean energy

Index status:

Pure Play

Pure Play

Cox Energy America is a pure play solar developer based in Mexico with 1,808 mw's of projects around Latin America

CPFL Energia S.A.

HQ country:

🇧🇷 Brazil

Solution type:

Hydropower

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

CPFL Energia is a Brazilian utility that generates its electricity from renewable sources like hydro, wind, and solar

Eléctrica Puntilla S.A.

HQ country:

🇨🇱 Chile

Solution type:

Hydropower

Clean energy

Index status:

Passes Revenue Filter

Passes Revenue Filter

Electrica Puntilla is a Chilean electricity utility that generates all of its electricity from non-fossil fuel sources, specifically hydropower

Ecopetrol S.A.

HQ country:

🇨🇴 Colombia

Solution type:

Grid Expansion

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Ecopetrol is a Colombian company that does build power lines (a climate solution) but generates a majority of its revenue from oil and gas.

EDESA Holding S.A.

HQ country:

🇦🇷 Argentina

Solution type:

Solar, PVs

Clean energy

Index status:

Lacks Information

Lacks Information

EDESA is an Argentinian electrical utility. While they do provide off grid solar solutions, they do not publish their generation mix, so we exclude them for lack of information

Guangzhou Tinci Materials Technology Co., Ltd.

HQ country:

🇨🇳 China

Solution type:

EV Supply Chain

Clean transportation

Index status:

Passes Revenue Filter

Passes Revenue Filter

Tinci is a Chinese chemical manufacturer that a majority of its revenue from selling lithium for use in lithium ion batteries, a key climate solution.

Ningbo Ronbay New Energy Technology Co.,Ltd.

HQ country:

🇨🇳 China

Solution type:

EV Supply Chain

Clean transportation

Index status:

Pure Play

Pure Play

Ningbo Ronbay is a Chinese supplier of cathode battery materials that are a key component in making batteries for EVs and energy storage.

Trina Solar Co., Ltd.

HQ country:

🇨🇳 China

Solution type:

Solar, PVs

Clean energy

Index status:

Pure Play

Pure Play

Trina Solar is a Chinese solar cell manufacturer that makes multiple components that are used to construct solar panels as well as energy storage systems.

Wuxi Autowell Technology Co.,Ltd.

HQ country:

🇨🇳 China

Solution type:

Solar, Hot Water

Building efficiency

Index status:

Pure Play

Pure Play

Wuxi Autowell specializes in making automated processes for the production of solar panels in China, thus helping drive down the costs of the solar supply chain and making solar more affordable to deploy around the world. They also sell machines to manufacture batteries (another climate solution) and generate some of their revenue from semiconductor manufacturing lines (not a climate solution)

Arctech Solar Holding Co., Ltd.

HQ country:

🇨🇳 China

Solution type:

Solar, PVs

Clean energy

Index status:

Pure Play

Pure Play

Artech Solar is a Chinese manufacturer of solar tracking systems that help solar panels shift over the course of the day so they get optimal output as the sun moves across the sky. They also construct innovative mounting systems that can enable solar to be deployed in more places.

GoodWe Technologies Co., Ltd.

HQ country:

🇨🇳 China

Solution type:

Solar, PVs

Clean energy

Index status:

Pure Play

Pure Play

GoodWe is a Chinese manufacturer of solar inverters in China, a key part of building a solar farm that converts the solar energy into usable electricity. As of 2025, they also offer energy storage solutions that pair with their panels.

Pylon Technologies Co., Ltd.

HQ country:

🇨🇳 China

Solution type:

Energy Storage

Clean energy

Index status:

Pure Play

Pure Play

Pylon Technologies is a Chinese manufacturer of battery powered energy storage systems that enable renewable electricity to be stored and then deployed when needed. They offer products for both residential and industrial use.

Beijing SinoHytec Co.,Ltd

HQ country:

🇨🇳 China

Solution type:

Fuel Cells

Clean energy

Index status:

Pure Play

Pure Play

Beijing SinoHytec is a Chinese pureplay manufacturer of fuel cell systems that can generate power by burning hydrogen, a fuel that releases no GHG emissions when burned.

Hangzhou First Applied Material Co., Ltd.

HQ country:

🇨🇳 China

Solution type:

Solar, PVs

Clean energy

Index status:

Pure Play

Pure Play

Hangzhou First Applied Material specializes in films specifically for the solar industry that help protect solar panels from the elements, enabling them to last decades.

China National Nuclear Power Co., Ltd

HQ country:

🇨🇳 China

Solution type:

Nuclear Power

Clean energy

Index status:

Pure Play

Pure Play

China National Nuclear Power Co is a Chinese developer, owner, and operator of nuclear power and clean energy projects in China, both zero-carbon sources of electricity that provide baseload power.

Jiangsu Haili Wind Power Equipment Technology Co., Ltd.

HQ country:

🇨🇳 China

Solution type:

Wind Power

Clean energy

Index status:

Pure Play

Pure Play

Jiangsu Haili is a Chinese pure-play manufacturer of wind turbines building each part of them from the base to the blades. They also specialize in constructing wind turbines and maintaining them.

Jinko Power Technology Co., Ltd.

HQ country:

🇨🇳 China

Solution type:

Solar, PVs

Clean energy

Index status:

Pure Play

Pure Play

Jinko Power is a Chinese manufacturer of solar panels. They also develops solar projects and offer industrial energy storage products.

Longi Green Energy Technology Co., Ltd.

HQ country:

🇨🇳 China

Solution type:

Solar, PVs

Clean energy

Index status:

Pure Play

Pure Play

LONGi Green Energy Technology is a Chinese manufacturer of solar panels that since our 2023 review has also added green hydrogen products to its offerings, another climate solution.

CECEP Wind-Power Corporation

HQ country:

🇨🇳 China

Solution type:

Wind Power

Clean energy

Index status:

Pure Play

Pure Play

CECEP Wind-power is a Chinese pure play wind energy developer that builds, owns, and operates wind farms. As of our 2025 review, they also own a pumped hydro storage facility.

China Southern Power Grid Energy Storage Co.,Ltd

HQ country:

🇨🇳 China

Solution type:

Hydropower

Clean energy

Index status:

Pure Play

Pure Play

China Southern Power Grid Energy Storage Co owns a series of hydroelectric plants in China, many of which have pumped storage, and they also build and maintain extensive electricity power grids, a necessary piece of infrastructure for the electrification of everything.

Nuode New Materials Co.,Ltd.

HQ country:

🇨🇳 China

Solution type:

EV Supply Chain

Clean transportation

Index status:

Pure Play

Pure Play

Nuode New Materials makes copper foils that are a key component in lithium-ion batteries, an important climate solution.

Cgn Power Co.,Ltd.

HQ country:

🇨🇳 China

Solution type:

Nuclear Power

Clean energy

Index status:

Pure Play

Pure Play

CGN Power Co is a Chinese pureplay nuclear power company that builds and operates 16 nuclear power plants in China that generate electricity without carbon emissions.

Contemporary Amperex Technology Co., Ltd.

HQ country:

🇨🇳 China

Solution type:

EV Infrastructure

Clean transportation

Index status:

Pure Play

Pure Play

Contemporary Amperex Technology (CAT) is perhaps the largest manufacturer of EV batteries in the world and as of our 2025 review, they also now work on battery recycling, another climate solution.

Zhejiang Provincial New Energy Investment Group Co., Ltd.

HQ country:

🇨🇳 China

Solution type:

Hydropower

Clean energy

Index status:

Pure Play

Pure Play

Zhejiang Provincial New Energy is a Chinese zero-carbon utility that derives all of its electricity from zero carbon sources like hydro, renewables, and hydrogen.

Cngr Advanced Material Co.,Ltd.

HQ country:

🇨🇳 China

Solution type:

Industrial Recycling

Circular economy

Index status:

Passes Revenue Filter

Passes Revenue Filter

CNGR is a Chinese provider of multiple base ingredients for batteries that are used in EV's and Energy storage applications, both critical climate solutions. We have moved them from a "pure play" to passes our revenue filter as they also generate some revenue from non-climate solution battery applications, like smart phones.