Global Climate Solution Stocks

Quest Holdings is a Greek conglomerate that does generate some revenue from developing renewable energy in Greece, but generates more from its other business activities like IT, telecomms, and shipping.

Envipco Holdings is a Dutch company that offers "reverse" vending machines that accept cans and bottles in exchange for cash, making it easier and more incentivized for people to recycle.

INLES Proizvodnja is a Slovenian manufacturing firm that generates most of its revenue from selling energy efficient windows into the European market.

Deceuninck is a Belgian producer of high quality windows that significantly reduce the energy needed to keep a building at a stable internal temperature. A high amount of their windows are also from recycled sources.

Sciuker Frames is an Italian provider of high performance glass windows for residential use that specializes in using wood in the frames.

Nusco is an Italian firm that builds a lot of high performance glass windows, but generates more revenue from selling doors, which are not a climate solution.

HF Company is a French tech firm that does offer some smart grid products that can help the grid run more efficiently, but they generate most of their revenue from serving other non-climate solution industries like telecoms

Gigasun is a Swedish solar developer that has projects in Europe and Asia.

Solar Foods is a Finnish company that makes a microbial replacement for animal proteins.

Johnson Controls is an Irish company that specializes in automating buildings so they can maintain a stable internal temperature and heat and cool water with less energy.

SBM Offshore is a Dutch provider of equipment to the offshore oil and gas industry. We wanted to see if they served the offshore wind industry as well, but it seems they do not.

Aalberts is based out of the Netherlands and offers a range of products for the automation of how liquids flow through buildings thus enabling them to be more energy efficient.

DUG Foodtech is a Swedish company that makes a number of plant-based drinks. While plant-based, they do not seem to be designed to replace animal products in the food system, so we exclude them.

Knorr-Bremse is a German manufacturer of train safety components. While they do have many products that serve passenger trains, they also serve freight and they do not provide a breakdown of revenue from each segment, so we exclude them in our 2025 review.

While Muhlbauer does some work with solar cells and their RFID cards can be used in enabling transit a majority of their revenue comes from other RFID technologies that are not climate solutions, as of our 2025 review.

Climeon makes a system that captures wasted heat and converts it into electricity. A majority of their revenue comes from doing this on shipping container ships, thus making shipping more efficient because less fuel is needed to generate onboard electricity, a unique but meaningful climate solution.

N. Leventeris is a Greek producer of steel cabling. While some of their products are used in supporting the electrical grid, most are for other applications, so we exclude them

AgriEuro purports to engage engage in fish farming, but we cannot find any online information about them to verify if they are implementing and novel ways of energy efficiency, so we exclude them.

Altech Advanced Materials is a German company that claims to have made more efficient lithium-ion battery technology, but they have not provided an investor report in two years and they recently were a "green paper" company, so we'll revisit them in next years update.

Meta Wolf is a German provider of construction equipment that also generates 2% of their revenue from solar farms.

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

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.

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

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

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.

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

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

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

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

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

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

Incap Limited specializes in manufacturing insulators which are a key part of building out the electrical grid.

Sterling Powergensys is a renewable energy developer that is building a green hydrogen plant in India

Ujaas Energy specializes in selling solar panels in India, but it also generates revenue from selling electric scooters and power transformers for the electrical grid, all climate solutions.

DCH Cables and Wires specializes in building copper wires and cabling that enable the expansion of the grid and the electrification of everything.

Focus Lighting and Fixtures is an Indian pureplay seller of LEDs for a variety of purposes that enable the same light to come out with less energy.

Cospower Engineering specializes in harmonic filters and other elements that enable the grid to operate smoothly

Delta Autocorp specializes in manufacturing electric two and three wheeled vehicles in India, thus enabling more people in India to move on electricity than fossil fuels.

Diamond Power Infrastructure specializes in building products for the power grid from towers to substations, that enable the electricity grid to expand.

Baheti Recycling specializes in collecting and recycling aluminum in India so that it can be reused in new products, thus reducing the demand for virgin aluminum.

Sundram specializes in building fasteners like nuts and bolts. While these certainly have use cases in climate solutions, their products are so generic, we cannot discern how much revenue they generate from climate solution use-cases.

Kirloskar Industries owns 7 wind farms, but generates most of their revenue from refining iron and steel, which are not climate solutions.

EP Biocomposites makes some climate solutions like a bio-digester toilet, but it also makes doors. It does not provide a revenue breakdown, so we exclude them for lacking information.

Madhav Copper specializes in making copper connectors and like components that are needed in the grid and broader electrical system.

Schneider Electric Infrastructure specializes in providing products and services for expanding and maintaining the electrical grid, a key part of the electrification of everything.

Arrow Greentech generated some revenue from building biodegradable bags in India, but most from distributing security cameras, which are not a climate solution.

Websol Energy Systems is a pureplay manufacturer of solar systems in India, enabling the Indian grid to run more on sun and less on fossil fuels.

PAE Limited is a manufacturer and distributor of batteries that are largely for automotive and industrial uses, not energy storage.

Orient Green Power is an Indian pure play developer of wind farms, enabling the Indian electrical grid to run more on wind and less on fossil fuels.

Indo Borax generates most of its revenue from refining Boric acid which is not a climate solution and only a small amount from lithium which can be used in batteries.

Precision Wires India is a large manufacturer of wound wires that are used in a range of cables like those used in upgrading the electrical grid.

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

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

Copperbelt Energy is a Zambian utility that largely serves the mining business. While it does have a solar and biodiesel plant, it generates the majority of its power from thermal sources like coal and gas, leading us to exclude them

CMGP.CAS is a Moroccan agricultural conglomerate that offers products that help farmers grow the same crops with less water and fertilizer. They also offer solar panels for farms.

While Northam 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

TAQA Arabia is an Egyptian operator of electrical transmission lines, but they generate a majority of their revenue from distributing natural gas, which is not a climate solution

While Anglo American, a South African mining company, does extract some critical minerals like cobalt, it generates a majority of its revenue from precious metals like platinum and gold

South Ocean Holdings company generates a majority of their revenue from building electrical wiring that is necessary for expanding the electrical grid, a key climate solution

The Kenya Power company is an electrical utility that generates 92% of its power from zero carbon sources like hydro, geothermal, solar, and wind

United Bus Service is a provider of public transportation on the island nation of Mauritius that enables those who are looking to get around to use a bus instead of a car.

Alpha Namibia is a pure play renewables developer that installs and operates solar farms in Namibian and Southern Africa.

Copper 360 is a South African mining company that mines for just thing that happens to also be a critical mineral for the energy transition, copper.

SICABLE is an Ivorian manufacturer of electrical cables that are used to expand the electrical grid, a key step in the electrification of everything.

Cutix is a Nigerian producer of cables and wires. They generate over half of their revenue from wires built for expanding the electrical grid system, a key step in the electrification of everything.

Africa Clean Energy Solutions, based in Mauritius builds and maintains clean energy systems in Africa with multiple solar and biogas farms. They do also have a biomass plant which we do not consider a climate solution, but they generate most of their revenue from their other activities, so we include them

CAFCA is a Zimbabwe-based company that makes a variety of cables with a majority of their revenue coming from cables used for electricity transmission, a key precursor for the electrification of everything and the switch away from fossil fuels.

TransCentury is a Kenyan engineering and construction firm that specializes in projects related to expanding the electrical grid, a key step towards the electrification of everything.

Cartier Saada is a Moroccan company that makes a majority of its revenue from preserving fruits that come from perennial sources like olives and tree fruits. Olive trees in particular can live 100's of years and can be a great storer or carbon while providing food.

Umeme Limited is an electrical company in Uganda that specializes in constructing things like substations and high voltage electrical towers that are key for expanding the electrical grid

El Sewedy Electric is an Egyptian manufacturing firm that generates a majority of its revenue from building wires and other equipment needed for expanding the electrical grid in Egypt. They also build renewable energy projects like solar and wind.

ForRich is a Jamaican lighting and electrical services company. They provide energy efficient lighting, solar systems, and grid connection services to businesses in Jamaica, thus enabling more processes to run on electricity instead of fossil fuels

Salmones Camanchaca is a Chilean provider of farmed salmon. They track the efficiency of their fisheries to improve energy usage and reduce climate impacts, enabling them to make more protein with fewer resources.

Grupo Energia Bogota is a Columbian electrical utility that does not publish their electrical generation mix, so we exclude them

ISA Energia Brasil specializes in building high transmission power line projects that expand the electrical grid, an important-precursor to the electrification of everything

Equatorial Pará Distribuidora de Energia is a Brazilian utility that does not disclose their full electricity generation mix, so we exclude them

Wetzel is a Brazilian provider of Industrial LEDs as well as automotive parts and materials for low-voltage electrical installations. They do not disclose how much of their revenue they make from their LED business in their investor relations, so we exclude them

Conciviles is a Colombian construction company. While they do help build electrical transmission systems, an important climate solution, they generate more of their revenue from constructing roads and buildings.

Enel Generacion Piura is a Peruvian electric utility that generates most of its electricity from thermal sources, so we exclude them

Enel Generación Chile is a Chilean utility that generates almost 40% of its power from thermal sources, so we exclude them

Light is a Brazilian utility that generates all of its electricity from renewable assets

Monteiro Aranha is a Brazilian conglomerate involved in the paper, petrochemical, and real estate industries. While they do make some revenue from recycling paper, it is much less than half.

Companie de Electricidad de Tulua is a Columbian utility that generates power from multiple sources, including thermal. We could not find any publication of the exact mix of their sources however, so we exclude them

Natluk is an Ecuadorian company that provides wild and farm-raised shrimp. While more efficient fisheries are a climate solution, we could find no indication that Natluk was instituting any practices that would achieve this

COPEL is a Brazilian utility that generates 100% of its electricity from zero-carbon sources like hydro, solar, and wind

Irani is a large Brazilian paper and cardboard company. While they do seek to source their paper from sustainably managed forests, scaling paper and cardboard production will not mitigate climate change. They do generate some revenue from recycling, but it is a small amount, so we exclude them

Klabin is a large Brazilian paper and cardboard company. While we commend them for their efforts in sustainable forest management, the only climate solution they participate in directly is recycling, which makes up less than half of their revenue

Tecnoglass is a Columbian company that generates all of its revenue from providing high performance glass for buildings that enable them to keep a stable internal temperature with less energy

Rumo is a large Brazilian rail freight shipping company. They neither participate in passenger trains (mass transit) not seem to be investing in electrifying their train fleet, so we exclude them

Blumar is a Chilean provider of farm raised salmon. While making aquaculture more efficient is an important climate solution, we could not find any evidence that Blumar was investing in any activities beyond industry standard.

Ambipar is a Brazilian conglomerate that does emergency response, waste management, and risk planning. They do not generate a majority of their revenue from waste management with methane capture, so we exclude them

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

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 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)

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

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

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

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.