Global Climate Solution Stocks

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

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

Construction Joint Stock Company 47 is a Vietnamese firm that primarily builds hydropower projects

Tracodi is a Vietnamese construction firm that does some work in renewables, but also engages in other activities like stone quarries. As of our 2025 review, they do not disclose the breakdown, so we exclude them

Aboitiz Power is a Filipino electrical utility that generates about 25% of its power from renewable sources, so we exclude them.

Koh Brothers Eco Engineering generated about 1/3 of their revenue from renewable energy and 2/3rd's from generic construction activities, so we exclude them.

First Gen Corporation is a Filipino utility that generates a lot of power from geothermal, but even more from gas and coal.

VinFast is a Vietnamese electric vehicle and scooter company that enables people to drive with zero tailpipe emissions.

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

Artoniq is a holding company that owns a few providers of electronic hardware like point-of-sale hardware in Malaysia. No climate solution

APM Automotive is a Malaysian manufacturer of automotive parts. They do manufacture some parts for locomotives, which can be used to haul passengers, enabling mass transportation, but this is a minority of their revenue

Protasco is a Malaysian construction company that does some work in clean energy but earns most of their revenue from building and maintaining roadways.

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

Jati Tinggi Group is a Malaysian construction firm that generates most of its revenue from designing and building electrical grid systems, a key climate solution.

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.

XL Holdings is a Malaysian food and animal company. While they do fish farming, it is for ornamental fish, not food fish, which are not as important to optimize energy efficiency around, so we exclude them

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.

BM GreenTech is a Malaysian firm that specializes in biomass boilers that enable the generation of electricity from burning wood. We do not consider biomass a climate solution in our 2025 review, so we exclude them

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

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