Global Climate Solution Stocks
2023 List

OXE Marine is a Swedish manufacturer of diesel outrigger motors that has recently launched an electrical hybrid version, but they still generate a majority of their revenue from the diesel version.

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.

Inwido is the largest provider of contemporary, high performing windows in Europe.

InnoTec is a German manufacturer of doors. Some of them include glass, but this does not meet the threshold for high performance glass as a standard wood door is more insulating than a glass one.

Geo-Term is a Polish installer of heat pumps for residential and commercial buildings in Poland.

ES Energy Save is a pure play heat pump manufacturer and installer for commercial buildings operating our of Sweden.

Groupe Airwell Societe is a French company that specializes in the sale of more energy efficient heat pumps.

Columbus energy engages in a number of decarbonization activities in Poland, from solar energy to heat pumps to electric car charging stations.

Beijer is a Swedish HVAC firm that generates a majority of its revenue from traditional HVAC and still only a small percentage from heat pumps and advanced refrigerants.

Enertime makes machines that capture waste heat from industrial processes and turns it into electricity or usable heat in industrial processes. They do not provide a revenue breakdown for how much they made from retrofitting fossil-fuel fired operations vs. non fossil-fuel fired operations, so we therefore do not include them.

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

Trane Technologies is an Irish HVAC supplier that does yet generate over half of its revenue from heat pumps.

NIBE is a Swedish producer of energy saving equipment that makes a majority of its revenue from climate solutions like heat pumps and building automation.

Dalekovod is a Croatian engineering and construction firm that focuses on electrical grid expansion and maintenance.

Elektrotim is a electrical grid construction company that operates in Poland.

JWW Invest builds products for the traditional fossil fuel powered industry.

Societatea Energetica Electrica is a Romanian distributor of electricity but it is unclear if they meet our utility filter of 100% of their distributed electricity being from clean sources.

NKT provides a range of products and solutions for maintaining and expanding the electrical grid from high voltage cables to transformers. They operate out of Denmark.

Arn. Georg is a German company that claims to engage in energy transmission and wind energy but we found no online way to verify.

Nexans is a provider of cabling that is used in renewable energy, grid expansion, and deep sea cables.