Global Climate Solution Stocks
2023 List

PCPG is a Thai renewable energy developer, with solar, wind, and hydro projects spread around SE Asia.

Super Energy is a pure play wind and solar energy developer that builds projects in Thailand.

Analabs Resources is a Malaysian conglomerate. While they do provide recycling services, they generate more revenue from their chemicals and other business lines (such as shrimp farming).

Flex is a technology company that, among other things, sells integrated solar tracker and software solutions used in distributed solar projects. But its revenue from climate solutions account for less than 46.3%, hence failing the revenue filter.

Sembcorp is a Singapore based energy and construction company. While they are major investors in renewable energy, they are still generating many times more from traditional energy.

Sermsang Power is a Thai developer of solar and wind farms with dozens of projects around SE Asia. They do operate a biomass plant, which we do not consider a climate solution, but they make a majority of their revenue from the renewables business.

Maxeon is a Singapore based solar panel manufacturer and distributor that has a partnership with the US company SunPower.

Solartron is a solar company based in Thailand. They build panels, install them, and develop solar projects in the region.

Son Ha Development of Renewable Energy is a Vietnamese provider of solar hot water heaters, induction stoves, and other electrical appliances.

TrickeStar is a Malaysian company that offers a suite of smart home devices that help devices turn on and off at the appropriate times so they can save power and money.

Nippecraft claims to engage in the trading of recycles waste, but we could find no way to verify this, so we exclude them.

Tin Nghia is a construction company in Vietnam. While it does engage in recycling, it is a very small part of its business, so we exclude them.

Enviro-Hub is a Singapore based company that generates over half of its revenue from recycling e-waste, thus reducing the demand for new raw materials in the electronics manufacturing supply chain.

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.

Heng Hup is a pure play recycling company that primarily recycles old steel into new, but also batteries and paper.

Tex Cycle is a Malaysian recycling company that filters heavy metals out of industrial waste so they can be reused. They also have a biogas plant and install solar farms.

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.

Union Steel is a metal recycling company based out of singapore that collects, sorts, and resells old metals to reduce the demand for new metals.

Sunstar Investment is a Vietnamese producer of bamboo and bamboo products. Bamboo is a critical climate solution because of how quickly it can grow and sequester carbon.

Farm Fresh Berhad is a Malaysian milk brand. While they do offer some plant-based milks, most of their revenue comes from cow-based milk.