Global Climate Solution Stocks

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

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.

Ta Win is a copper wire manufacturing company whose products are used in electricity transmission and electric motors, both key parts of the energy transition.

Lighting and Equipment Public Company is a Thai lighting designer and manufacturer. Most of their lights use LEDs which require far less power to make light than traditional power, an important climate solution.

Pestech, a Malaysian company, engages in a range of climate solutions. It plans and builds transmission lines to expand the electrical grid. It helps railways electrify. And it has building automation services to help buildings use energy more efficiently as well as waste to energy plants.

Nova Empire is a Thai company that used to make sheeting for buildings but has completely revamped into a solar and wind company.

Since our 2023 review, Epicon has narrowed its focus from mass transit operation to traditional construction activities, so we remove them in our 2025 review.

Stars Microelectronics (Thailand) is a Thai electronics manufacturer of semiconductors and other related equipment. While these can have applications in climate solutions, we see no direct ones as of our 2025 review.

Charoong Thai Wire makes a variety of cables, but generates over half of their revenue from cables used in electricity transmission and systems

Ekarat Engineering builds and sells electrical transformers that are needed when expanding the grid. They also operate as a solar developer that provides a range of products and services to expand the solar industry in Thailand.

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

Asian Insulators is a Thai producer of electrical insulators that are necessary for expanding the grid, a key climate solution and necessary step in the energy transition.

TSE is a Thai solar and biomass developer with utility scale and rooftop projects in Thailand and Japan. They make a majority of their revenue from these projects and a minority from their three biomass power plants (which we do not consider a climate solution). As of 2025, we are pleased to see them add floating solar.

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 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.

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.

Perak Transit owns multiple public transit hubs in Malaysia, thus making it easier for people to choose mass transit instead of driving in individual cars, an important climate solution.

Precise Corporation is a Thai grid expansion company that helps more of Thailand have access to electricity, an important precursor to the electrification of everything. It also implements smart grid and renewable energy climate solutions

MN Holdings is a utilities engineering company in Malaysia that specializes in electrical transmission cables. They also build substations for utilities. Both are needed when expanding the grid. They also generate revenue from building telecoms systems, which is related, but not a climate solution.

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.