Global Climate Solution Stocks
2023 List

Dovre Group is a Finnish company that does some work in renewables but generates more revenue from its consulting businesses.

Exel Composites is a Finnish company that makes plastic composites for a variety of industries, but less than a majority of their revenue came from serving the wind industry.

Hoffmann Green Cement makes low-carbon cement in France that can eliminate the need for the high-emissions of traditional cement.

Agripower is a French company that helps convert methane into biogas, thus providing an income from a waste stream and avoiding that methane entering the atmosphere (and instead entering as the far more benign CO2).

Global Bioenergies passes our biofuel filter as it derives a majority from its revenues from advanced biofuels that can be drop in replacements for hard to decarbonize sectors like air travel.

Charwood is a biomass power producer in France. As we no longer consider Biomass a climate solution, we exclude it.

Transition Evergreen is a publicly traded fund that invests into climate solutions, not a company directly enabling climate solutions themselves.

Weya is a biomass and renewable energy developer in France. It derives a majority of its revenue from biomass, so we therefore exclude it.

While ACTIA Group provides electronic products that support the industry, it is unclear how much of their revenue comes from these activities vs. the other industries they support so we exclude them.

Forsee Power makes battery systems for light and heavy duty vehicles in France as well as smaller applications like electric bikes.

DBT makes electric vehicle charging stations and equipment needed to expand the grid in France.

Cibox is a French electric mobility company that develops an electric scooter and e-bike

Enogia makes devices that capture waste heat to convert it into electricity. They do not provide a breakdown on how much revenue they derived from fossil-fuel powered applications vs. those that do not need carbon emissions like geothermal, so we do not include them for lack of information.

Compagnie de l'Odet is a large French conglomerate that owns some energy storage companies but generates a majority of its revenue from shipping and logistics and entertainment.

While UPERGY through its subsidiaries does provide energy storage solutions in its batteries, most of its battery solutions are for other uses like consumer electronics or security systems.

McPhy Energy is a French company that provides a range of products and services related to hydrogen fuel cells from the fuel cells themselves to storage containers to the hydrogen.

Lhyfe specializes in building and installing green hydrogen units in France, operating over 93 projects in the country.

Hydrogene de France is a provider of hydrogen and fuel cells in France.

Haffner Energy is a French company that has developed an innovative pyrolysis technique for transforming waste biomass materials into biochar, usable biogas, and hydrogen.

Hydrogen-Refueling-Solutions is a French company that operates a series of hydrogen refueling stations in France, making it more possible for hydrogen to replace fossil fuels in transportation.