Global Climate Solution Stocks

Bukaka Teknik is an Indonesian infrastructure company. While it generates some of its revenue from installing power lines, it, as of our 2025 review, still generates more from its other non-climate solutions..

PT Tembaga Mulia Semanan is an Indonesian manufacturer that generates about 2/3rds of its revenue from taking raw copper and turning it into copper rods and wires that can be used in expanding the grid and electrical motors.

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 Sumi Indo Kabel is an Indonesian wiring manufacturer that, as of 2025, generates a majority of its revenue from providing wiring that can be used in expanding the grid and enabling the electrification of everything.

PT Maharaksa Biru Energi takes some of the waste products from the palm oil industry and generates a majority of their revenue from converting them into biofuels and waste to energy, both climate solutions.

PT Kabelindo Murni generates a majority of their revenue from making wiring that is used to expand the electricity grid and enable the electrification of everything, with a minority coming from telecoms wiring.

PT Sepeda Bersama is a large distributor of bicycles in Indonesia. While our climate benefits the more who ride bikes, they do not seem to do much for electric bikes which more traditionally replace fossil fuels for commutes.

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, again as of our 2025 review.

PT KMI Wire and Cable is a provider of cables for electrical transmission is Indonesia that enable the expansion of the electricity grid, an important step in the energy transition.

Merdeka Battery Materials is a mining company that extracts nickel and cobalt in Indonesia, two minerals that are both critical for the energy transition and scaling up of batteries for storing electricity. They also generate some revenue from collecting hazardous waste.

TBK is an Indonesian mining company that focuses on the mining and production of nickel, a critical mineral for the energy transition. They also make some revenue from processing other minerals, but a majority if from nickel.

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, as of 2025.

PT Asahimas Flat Glass is a major manufacturer of high end glass that helps buildings still have windows but remain well-insulated. They also make glass for the automotive industry, which we do not consider a climate solution.

PT Voksel Electric generates most of its revenue from building and selling power cables in Indonesia that can be used to expand the grid as well as other cables like fiber optic that are not climate solutions.

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, as of our 2025 review, we upgrade these to pureplay.

PT Jembo Cable is an Indonesian manufacturer of power cables. While it also makes telecom cables, it generates most of its revenue from cables that are used to expand the electrical grid

Terregra is a renewable energy developer in Indonesia that specializes in major and mini hydropower systems as well as solar projects.

Gaya Adabi Sempurna is an Indonesian producer of electric mopeds and bikes as well as LED light bulbs, both of which are important climate solutions, as of our 2025 review.

Arkora Hydro makes hydropower plants that capture the power of flowing water to generate electricity, thus enabling "mini" hydropower without needing to build a dam.

PT Ifishdeco is an Indonesian miner and distributor of nickel, a critical mineral for many parts of the energy transition.