Global Climate Solution Stocks
2023 List

FT Eterindo is an Indonesian producer of palm oil that also uses part of their harvest to create biodiesel. While we do consider biodiesel derived from waste products as a climate solution, and palm oil is technically a perennial crop, we exclude them because how destructive the palm oil industry has been in removing old mangrove forests to plant its plantations.

PT Asia Sejahtera Mina is an Indonesian company that sells seaweed in Indonesia, largely for human consumption. Seaweed is an important climate solution as it grows very quickly and can be continually harvested.

Inocycle is a major plastic bottle recycling in Indonesia that turns plastic bottles back into a usable PET plastic that can be used for a range of uses from textiles to shipping materials.

PT Optima is an Indonesian pure play that generates all of its revenue from collecting, sorting, and reselling scrap metals, thus reducing the demand for new metals.

Maxindo Karya Anugerah sells root-based snacks in Indonesia. We included them for a closer look to see if they could be included as a perennial staple company, but as the harvesting of the roots involves fundamentally killing the plant, we exclude them.

Sky Energy is an Indonesian manufacturer of solar panels and other solar equipment such as mounting hardware.

Kencana Energi Lestari is an Indonesia renewable energy developer that makes a majority of its revenue from its hydropower and solar projects, although we will note it does own a biomass project which we do not consider a climate solution.

YTL is a Malaysian conglomerate. It operates numerous power plants, some of which are fossil-fuel fired, so we exclude them.

Pestech, a Malaysian company, engages in a range of climate solutions. It plans and builds transmission lines to expand the electrical grid. It helps railways electrify. And it has building automation services to help buildings use energy more efficiently.

Sarawak Cable is a Malaysian producer of cables and other equipment like steel towers used in the electrical grid transmission system.

MN Holdings is a utilities engineering company in Malaysia that specializes in electrical transmission cables. They also build substations for utilities. Both are needed when expanding the grid.

ACO Group is a Malaysian provider of electrical equipment. While they made some of their revenue from grid expansion products more came from traditional household electronic appliances.

Ta Win is a copper wire manufacturing company whose products are used in electricity transmission and electric motors.

Southern Cable Group is a Malaysian provider of electricity cables that enable the expansion of the electricity grid, a key climate solution.

While one of Fibon's subsidiaries makes electrical switch boxes used in grid expansion, most of their revenue comes from their other subsidiaries which are not climate solutions.

Powerwell Holdings is a Malaysian producer of electrical distribution equipment that is necessary for expanding the electrical grid.

EITA Resources is a Malaysian group that makes cabling for electrical grids as well as substations, both needed for expanding the electrical grid. They, however, also make elevator and escalator cables and lifting systems. They do not provide a breakdown of each, so we exclude them.

Ajiya is a Malaysian producer of roofing materials and glass. While it does generate a lot of high performance glass, it makes more revenue from its roofing materials, so we exclude them.

Integrated Media Technology is a Malaysian company developing multiple seemingly unrelated products. One if laminated high quality glass for buildings. Another is an NFT... As they have not actually sold anything, we cannot know how much they generated from their glass nor do we have any information about the quality of the glass, so we exclude them for lack of information.

L&P Global is a Malaysian packaging company. While it generates some of its revenue from repairing pallets, thus reducing the need for new pallets, this is a small portion of its overall revenue.