Global Climate Solution Stocks

Meta Corporation is a Thai group that has historically done some work in renewables but did not report any revenue from it in their latest annual report, as of our 2025 review.

Charoen Pokphand Foods is a large Thai producer of meat. While they do some advanced aquaculture in shrimp farming, this only makes up 13% of their revenue, so we exclude them.

Banpu Power Public Company is a Thai producer of electricity. While it does own solar and wind generation, a majority of its generation comes from thermal sources like oil and gas.

TPC Power is a Thai generator of electricity that generates a majority of its electricity from zero carbon sources like solar, wind, and hydro

Ratch Group is a Thai producer of electricity that generates most of its power from thermal sources like coal and gas.

B.Grimm Power is a Thai large developer of energy projects. Right now about half of their owned generation is gas and the other half renewables, so we exclude them, but we look forward to seeing this updated in future reviews.

UAC Global does some work in renewables, but generated 76% of their revenue from distributing chemicals, which is not a climate solution.

All Energy and Utilities generates a majority of their revenue from fossil fuel sales and distribution with only a small portion from renewables

MDX is a real estate investment firm that also owns some power plants, with only a portion of the electricity generated coming from zero carbon resources.

Absolute Clean Energy is a Thai company that generated 57% of its revenue from biomass power, which we do not consider a climate solution, and 34% from gas power, so we exclude them

Global Power Synergy is a Thai electrical utility that generates most of its power from gas and coal, so we exclude them.

Global Green Chemicals is a Thai company that makes a few biodiesel products from raw ingredients like palm oil. We only consider biodiesel made from waste ingredients to be a climate solution, so we exclude them

CPT Drives and Power is a Thai construction and engineering firm that specializes in expanding the grid and getting industrial buildings electrified.

Clover Power is a Thai utility that generates most of its power from biomass and natural gas, neither of which we label as climate solutions in 2025.

CK Power is a Thai utility that generates majority of its power from clean sources like hydro, wind, and solar

Ratch Pathana Energy is a Thai owner of multiple power plants with the vast majority of its generation capacity coming from gas.

Green Resources is a Thai company that generated 77% of its revenue from selling solar power to the grid.

Yuasa is a Thai producer of batteries. While some are used for energy storage and EVs, the vast majority of their revenue comes from traditional automobile batteries.

Sena Development is a real estate development firm that generates a small portion of its revenue from solar development in Thailand

Asia Biomass specializes in making biomass pellets. We no longer consider biomass a climate solution as of 2025, so we exclude them