Global Climate Solution Stocks

Jet Contractors is a large construction firm operating in Morocco. While they have constructed some solar farms, they generate most of their revenue from constructing things like highways and stadiums, neither of which are climate solutions

Assad is a Tunisian battery manufacturer of starter batteries for cars and boats. While batteries are a climate solution, it's when they are used for energy storage to replace fossil fuels. While they do generate some revenue from recycling batteries (which is awesome), they generate most from making generic vehicle batteries.

While Shumba Energy in Botswana does engage in renewable energy development, it generates a majority of its revenue from coal mining and the production of other hydrocarbon fuels.

Miniere de Touissit is a Moroccan mining company that mines for a number of critical minerals for the energy transition like lead and zinc, but they generate a majority of their revenue from non-critical mineral mining like gold

Huge Group is an investment company that operates in many different industries. One of them is renewables, but this appears to represent only a small portion of their revenue, so far less than 50%

Managem owns multiple mines in Africa. While they do mine multiple critical minerals like copper and cobalt, it only makes up about 20% of their revenues with mining for non critical minerals like gold and silver making up the majority.

Kakuzi is an avocado grower based in Kenya. They provide a number of other annual crops like tea and blueberries. While they do also grow macadamia nuts which we would include, avocados are more strongly linked to deforestation so we exclude them.

Invicta is a South African provider of construction equipment. While some of their revenue does come from products and projects used to expand the grid, most comes from other segments like providing construction and agricultural vehicles.

Masimba Holdings is an engineering company that works on a wide variety of projects in Zimbabwe. While they do work on mass transit and electricity transmission projects, this continues to represents a small fraction of their revenue in 2025.

Eveready East Africa is a Kenyan provider of traditional car and individual batteries, neither of which are climate solutions. They offer lighting solutions as well, which could be LEDs, but this seems to be a small portion of their revenue

Euro-Cycles is a Tunisian manufacturer of bicycles. While it is assembling more electric bicycles, these still seem to be a small portion of their sales as of 2025, so we exclude them.

Bushveld Mineral is a South African company specializing in the mining of vanadium. While vanadium can be used in energy storage, it is not widely, so it is unclear if this is a climate solution.