Global Climate Solution Stocks

PT VKTR is an Indonesian manufacturer of electric buses, electric motorcycles, and charging stations, all important climate solutions.

Pertamina Geothermal is a pure play developer of Geothermal energy operating from and in Indonesia. They use the heat of the earth to generate electricity, a carbon free source

Sky Energy is an Indonesian manufacturer of solar panels and other solar equipment such as mounting hardware. As of 2025, they also sell LEDs.

Inocycle is a major plastic bottle recycling in Indonesia that turns plastic bottles back into a usable PET plastic that can be used for a range of uses from textiles to shipping materials, thus removing the need for new fossil fuels to be extracted for plastics.

Semacom is an Indonesian provider of electrical panels in Indonesia which are necessary for expanding the grid and the "electrification of everything." They also sell EV charging stations and renewable energy.

PT Optima is an Indonesian pure play that generates all of its revenue from collecting, sorting, and reselling scrap metals, thus reducing the demand for new metals, an important climate solution given how resource-intensive metal extraction is.

As of our 2025 review, it does not seem like PT Barito is involved in geothermal anymore.

Megapower Makmur is a pure play solar developer based in Indonesia with projects in Australia

Supreme Cable Manufacturing is an Indonesia manufacturing firm that generates 90% of its revenue from cabling using in expanding the electrical grid and enabling the electrification of everything.

Indika Energy is an Indonesian energy company that generates some revenue from renewables but 85% from coal in our 2025 review.

PT Indal Aluminium produces aluminum frames, some of which are used for solar panels, but most for other purposes, thus failing our 50% threshold.

PT Barito Renewables Energy is an Indonesian firm that specializes in geothermal energy, a zero-carbon base load source of power.

Central Proteina generates a majority of its revenue from fish feeds for aquaculture, with only a small portion from aquaculture itself, so we exclude them.

Agung Menjangan is an Indonesian firm that prepares shrimp ponds for animals, maintains water quality, and then harvests. From what we can tell, they are not implementing any novel technology to improve energy efficiency, so we exclude them.

Klinko is an Indonesian manufacturer that uses recycled textile waste to create cleaning products like mops and absorbent pads.

While Merdeka Copper Gold does search for copper, it is the only critical mineral it extracts, with most of its revenue coming from non critical minerals like gold.

Hero Global Investment is an Indonesian firm that invests and builds geothermal and solar plants

Agro Nahari Nusantara is an Indonesian shrimp farm that specializes in raising a lot of shrimp in high density to use less resources.

PT Sejahtera Bintang Abadi Textile reputes to manufacture yarn from recycled textiles, but their website is down and we cannot find any financials later than 2022, so it is unclear if they are still in business.

Adhi Kartiko Pratama generates a majority of its revenue from extracting nickel, a critical mineral for the energy transition.