Global Climate Solution Stocks

QBEN is a Swedish holding company that owns 20 construction firms focusing on different industries. One is electrical grids, but they do not cumulatively generate more than 50% of the firm's total revenue as of our 2025 review.

Adiss is a Romanian construction firm that generates some revenue from green energy projects, but most from traditional water treatment, which, while important, is not a climate solution.

AMS-OSRAM is an Austrian semiconductor and lighting firm. As of our 2025 review, they generate most of their revenue from semiconductors, so we exclude them.

Frey is a real estate developer in France that is admirably focused on making its buildings more sustainable. They are not included, however, as they are an implementer, not an enabler of climate solutions, as of our 2025 review.

S.C. Constructii Feroviare Craiova is a Romanian construction company that generates a portion of its revenue from electrifying rail lines, an important climate solution. Unfortunately they generate more of their revenue from other, non-climate solution activities, so we exclude them.

Gullberg & Jansson is a Swedish company that makes a variety of products for swimming pools. While they do make a heat pump for pools that enables pools to be heated with less energy, they generate more revenue from their other suite of non-climate solution products

LUG is a Polish lighting company that uses LEDs in a majority of its lighting products, enabling the production of the same light just with less energy.

OXE Marine is a Swedish manufacturer of diesel outrigger motors. While they do offer an electrical hybrid version, they still generate a majority of their revenue from the diesel version as of our 2025 review.

Hydro-Exploitations Societe is a French company that develops mini-hydro systems that can be placed in rivers to generate electricity without blocking them.

AB Electrolux makes a range of household appliances with only a small fraction coming from heat pumps, the climate solution as of our 2025 review.

Apator makes a range of electricity and water sensors and actuators that make it possible for building owners to remotely measure their utilities and take action based on those measurements thus increasing their energy efficiency.

DWK Deutsche Wasserkraft is a German utility that generates all of its power from hydropower, a carbon-free source of electricity.

Govena Lighting is a Polish electronics manufacturing firm. They do make LED lights, but they also make low voltage transformers and dimmers which are not climate solutions. They provide very little detail beyond this, so we exclude them as of our 2025 review.

Envropi is a Greek construction firm that does serve the hydropower industry, but generates most of its revenue from other industries like retail stores and buildings.

learned is a SPAC that talks about acquiring climate solution companies, but has not seemed to have done so as of our 2025 review.

Hopium is a French company that manufactures vehicles that run on hydrogen in France, a zero-tailpipe emissions fuel.

Inwido is the largest provider of contemporary, high performing windows in Europe that enable buildings there to maintain a more stable internal temperature with less energy.

Compagnie de Chemins is a historic railroad manufacturing company in France. While they do build passenger cars and electric trains, they also build many other elements of railroads and they do not break down their revenue by segment.

IRCE is an Italian cable manufacturing company that generates a majority of its revenue from cables used in electrification (like electric motors) and electricity transmission.

OMER is an Italian company that specializes in building parts for passenger trains like doors and air conditioning units, enabling the climate solution of mass transit.

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.

Marine Electricals is an Indian construction company that specializes in serving the shipping industry. They also offer an automated building management system, but this is a fraction of their revenue.

Ahasolar builds software for the solar industry in India working to help expand the industry and help it run more efficiently.

Waa Solar is an Indian solar developer that owns multiple solar farms in the region, helping more of it run on sunshine instead of fossil fuels.

Indian Railway Finance Corporation specializes in granting leases to build out rail services in India. While this is critical to building railways, an important part of mass transit, it is fundamentally secondary to the primary activities of building and operating, so we exclude them.

MSTC engages in multiple business lines in India. While it generates some revenue from scrap recovery, it generates most from e-commerce, so we exclude them

Veer Energy is a pure play wind developer in India having built seven farms so far and counting.

Mena Mani claims to be involved in biofuel, which can be a climate solution, but they seem to be out of business, so we cannot clarify.

Associated Ceramics makes ceramic bricks that are used in the cement and aluminum industries. They say they also engage in solar energy, but we could find no confirmation of this in their financials.

Narmada Macplast Drip specializes in offering drip irrigation technologies so farmers can use less water to raise their crops.

Shivamshree Businesses is a pure play provider of solar systems in India, enabling more of that grid to run on sunshine.

BKV Industries seems to own a shrimp farm, but they offer no information on their farming practices and their relative efficiency, so we exclude them.

Rex Pipes and Cables makes some climate solutions like cables for the electrical grid and, interestingly, automotive buses, but they make pipes and sprinklers and other products that are not climate solution. They do not provide an accurate revenue breakdown of use cases between them, so we exclude them.

Ramco generates most of its revenue from providing cement in India. While they talk a lot about sustainability, they do not seem to actually be incorporating any kind of lower carbon, alternative cements, so we exclude them.

Sejal Glass is an Indian manufacturer of high quality architectural glass that helps buildings stay better insulated.

Kay Cee Energy & Infra specializes in siting and constructing electricity transmission towers that enable the electrical grid to expand.

Hariyana Ship Breakers specializes in breaking down old ships to extract the valuable metal so it can be repurposed, reducing the demand for virgin materials.

Trom Industries is a solar pure play company in India. They serve as a solar developer as well as offering solar products like rooftop systems and even deep freezers.

Jayshree Chemicals generated 6% of their revenue from wind power when last reported and 94% from chemicals, so we exclude them.

Australian Premium Solar India is a pure play manufacturer of solar cells in India, enabling more of the country's electrical grid to run on sunshine.

We could find no online information about GR Cables at all, so we exclude them for lack of information.

Mpact is a cardboard manufacturer in South Africa with over 65% of their pulp coming from recycled paper, thus reducing the need for new trees to be used in cardboard creation.

Zellidja is a Moroccan lead smelter that has been operating since the 1940's that also generates revenue from provider copper, another critical mineral for the energy transition, to markets in Europe. Lead is also a critical mineral in the energy transition for its use in batteries

East African Cables, based in Kenya, makes a majority of its revenue from building and supplying cables that are used to expand the electrical grid in East Africa, a key step before mass electrification of the region.

Electro Cable Egypt makes cables, most of which are used in the electrical system for expanding the grid, a precursor for electrifying everything.

Eaagads is a Kenyan coffee producer in Kenya. While coffee is a perennial plant, we have decided not to include it as a climate solution because it often involves destroying natural forest in order to replace it with coffee plantations. In other words, scaling coffee plantations will not lead to greater climate impact.

Metal Fabricators of Zambia generates most of its revenue from making copper wires for transmitting power, enabling the expansion of the electrical grid.

Metair is a South African provider of energy storage systems for homes and buildings, serving multiple markets in conjunction with solar power.

Societe Ivoirienne de Coco Rape is an Ivorian distributor of coconut products. While coconut is a perennial fruit, the expansion of the industry often comes at the expense of wild, natural forests, which move us backwards from a climate perspective. If they were to claim they were planting orchards in previously degraded land, that would be another story.

Multi-Trex integrated is a Nigerian processor of cocoa beans for chocolate. While cocoa is a perennial staple, the expansion of the industry often comes at the expense of natural forests, which is not beneficial from a climate perspective.

Unfortunately it looks like Ellies Holdings is no longer in business selling LEDs and solar solutions

Cocoa Processing Company is a Ghanaian processor of cocoa beans for chocolate. While cocoa is a perennial staple, the expansion of the industry often comes at the expense of natural forests, which is not beneficial from a climate perspective.

Renergen, despite its name, is a natural gas mining and distribution company that also sells helium (which is also not a climate solution)

Amalgamated Regional is an investor-owned conglomerate in Zimbabwe. They do own a battery business, but it serves mainly automotive businesses. They do sell some solar systems, but this seems to be a small portion of their revenue.

TAQA is a Moroccan electrical utility. While they do use some solar and wind in their generation mix, they use about 20x more coal as of our 2025 check, leading them to fail our utility filters.

Al Khair River is an Egyptian company that has claims about restoring land, but only seems to do generic agriculture. They also operate a small fish farm, but it is unclear to what extent they have improved efficiency in their fisheries, so we exclude them for lack of information.

CIE is an electrical utility operating in the Ivory Coast. They generate power with hydropower, but also a natural gas plant, leading them to fail our utility filter, so we exclude them.

Marula Mining is a Kenyan company and owner of multiple mines that are extracting critical minerals like cobalt, copper, and lithium. All of these are needed to make batteries and the expansion of the electrical grid.

LafargeHolcim is a Moroccan cement producer that notably does offer lower-carbon green cement alternatives. But, as of our 2025 review, these products still only represent a tiny fraction of their revenue in comparison to their traditional cement products.

Ciments du Maroc is a Moroccan cement producer. While they do have some innovative approaches to sustainability like running their CO2 emissions through an algae reactor, they do not actually make any alternative or low-carbon cement mixes.

Societe Industrielle is a Tunisian provider of gas, electricity, and water meters. While they do make some revenue from LED light bulbs, it is not a large part of their business and the products they make for electricity distribution are for low voltage use-cases, so not for expanding the electrical grid

Nexa Resources Atocha is a Peruvian mining company that generates a majority of its revenue from minerals critical to the energy transition like zinc and copper

Southern Peru Copper is a Peruvian Copper mining, refining, and distribution company. Copper is a critical mineral for the energy transition, being used in electric motors and electrical cables

Nexa Resources Peru is a Peruvian mining company that generates a majority of its revenue from minerals critical to the energy transition like zinc and copper

Pampa Camarones is a Peruvian copper mining and distribution company. Copper is a critical mineral for the energy transition.

Raizen is a Brazilian company that engages in solar development, but they generate more revenue from selling fossil fuels and sugar

Rede Energia Participacoes is a large Brazilian electrical utility. They do not disclose their generation sources, so we exclude them for lack of information.

Rio Paranapanema Energia is a Brazilian electrical utility that generates all of its electricity from hydropower, so without fossil fuels

Rigolleau is an Argentinian glass manufacturer. While high performance glass for windows is a climate solution, manufacturing glass bottles is not, which is what Rigolleau does

Renova Energia is a Brazilian developer and operator of renewable energy projects, specifically solar, wind, and hydro

Shougang Generacion is a Peruvian electrical utility that generates a majority of its electricity from thermal sources

Schwager is a Chilean service provider to mines. While they do some work in biogas, this seems to be a small part of their revenue structure

Serena Energia is a Brazilian provider of renewable electricity from hydro, solar, and wind

Sigma Lithium is a pure play lithium miner in Brazil. Lithium is a critical mineral for the energy transition.

Sociedad Minera Cerro Verde is a pure play copper and molybdenum producer in Peru, both critical minerals for the energy transition

Sociedad Eléctrica del Sur Oeste is a Peruvian electricity distributor. While expanding the grid is an important climate solution, we do not count operating the grid as a climate solution, so we exclude them

Sociedad Química y Minera de Chile is a large mining company in Chile. While they do mine and refine a critical mineral, lithium, it generates less than 50% of their revenue so we do not include them

Sociedad Transmisora Metropolitana 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

Sociedad Minera Corona is a Peruvian mining company that generates a majority of its revenue from minerals critical to the energy transition like copper

Tamino Minerals is a Mexican mining company, that while it does search for some critical minerals like copper, generates a majority of its revenues from non critical minerals like gold

Transmissora Aliança 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.

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.