Global Climate Solution Stocks
2023 List

AI Energy is a palm oil manufacturing company, some of which it turns into biodiesel. Because this is using a raw-resource, not a waste product, we exclude it. Also palm is a highly destructive industry as many old growth forests have been cut down to plant palm.

NiHAO Mineral is a Filipino mining company that specializes in the critical mineral, Nickel, which is needed for the energy transition.

Merdeka Battery Materials is a mining company that extracts nickel and cobalt in Indonesia, two minerals that are both critical for the energy transition and scaling up of batteries for storing electricity.

Technovator is a Singapore based energy savings company that works on a number of climate solutions. They build devices that enable buildings to automatically turn on and off appliances and manage electricity for greater efficiency. They help railways operate more efficiently enabling better mass transit. And they provide heat pumps for greater HVAC efficiency.

Green Building Technology is a Singapore based company that seems to engage in vague climate solutions. They only revenue they generated was from a consulting contract with little additional detail, so we exclude them for lack of information.

Thachang Green Energy is a Thai based producer of electricity that uses largely biomass. As they do not primarily use waste biomass as their inputs, we exclude them.

Eastern Technical Engineering is a Thai engineering firm that works on a variety of projects including biomass and solar. As solar represents less than 50% of their revenue, we exclude them (we do not consider biomass a climate solution.).

Ubon Bio Ethanol is a Thai Cassava plantation that generates bio-ethanol from Cassava as well as other products. While biofuels are a climate solution, given the resources needed to grow crops, we only include them if they are produced from waste products, so we exclude Ubon.

BBGI is a large Thai biodiesel producer that makes a majority of its revenue from recycling old cooking oils into fuel that can be used in diesel engines, thus reducing the need for the extraction of fossil fuels.

Biru Energi is an Indonesian firm that engages in a number of business lines. Their clearest climate solution is a biofuel product made from waste coconut husk. But they generate more revenue from their other businesses which are not clear climate solutions, so we exclude them.