Global Climate Solution Stocks

YTL Corporation is a Malaysian conglomerate that owns multiple power plants. Unfortunately a majority of their generation capacity comes from thermal sources, so we exclude them

Duong Hieu Trading and Mining does provide some equipment and services for expanding the grid, but generates more of its revenue from its other lines of business like providing video equipment.

Mooreast Holdings is an offshore mooring company. While they do generate some revenue from helping built wind turbines, they generate most from oil and gas, so we exclude them.

APC Group is a Filipino company that seems to have only generated revenue from geothermal power although they claim to be working on other non-climate solution businesses as well.

Reclaims Global is a Singapore based construction firm that generates some revenue from recycling construction waste, but a majority from excavation services.

Power Engineering Consulting 2 is a Vietnamese engineering firm that helps build many types of power plants. We could not find a breakdown of how much revenue they generate from thermal vs. zero carbon plants, so we exclude them for now

Bangchak Corporation Public Company is a Thai company that generates a majority of its revenue from oil and gas, but also some from biofuels, so we exclude them.

First Philippine Holdings is an electrical utility that generates all of its electricity from low carbon sources like geothermal, solar, wind, and battery

While Cassava is technically a perennial plant, to harvest it and make tapioca kills the plant because it is derived from the cassava root. Given this, we exclude Premier Quality Starch as of our 2025 review. They also do business in solar.

TEAM consulting is a Thai engineering and construction firm that builds some climate solutions like hydropower plants, but generates more revenue from traditional construction projects like roadways and bridges.

Aboitiz Equity Ventures is a Filipino investment firm that owns multiple power plants with much of their generation source coming from thermal power, so we exclude them in our 2025 review

Ziga Innovation is a Thai producer of steel conduits and piping. While some of its conduits are used to house electrical wires that enable grid expansion, it is unclear how much of their revenue comes from this, so we exclude them again in our 2025 review

Energy Absolute generated 45% of their revenue from selling electric vehicles and batteries, but the rest from electricity and biofuel derived from raw palm oil. We do not consider biofuels from raw materials to be climate solutions given their high environmental impact as of our 2025 review.

As of our 2025 review, we are moving Union Steel to failed revenue threshold, as their steel recycling business only makes up a small portion of their overall revenue.

Tirathai public company specializes in manufacturing, installing, and maintaining electrical transformers that are used to move high voltage electricity on the grid to low voltage that can be used in homes and buildings. They are needed for grid expansion, a key climate solution.

Thachang Green Energy is a Thai based producer of electricity that uses largely biomass. As they do not primarily use waste biomass as their inputs, we exclude them, as of our 2025 review.

Ubon Bio Ethanol is a Thai Cassava plantation that generates bio-ethanol from Cassava as well as other products. While biofuels are a climate solution, given the resources needed to grow crops, we only include them if they are produced from waste products, so we exclude Ubon as of our 2025 review.

Teera-Mongkol is a Thai producer of lighting products that makes a majority of its revenue from LEDs again in our 2025 review.

Semsang Power is a Thai developer of solar and wind farms with dozens of projects around SE Asia. They do operate a biomass plant, which we do not consider a climate solution, as of 2025, but they make a majority of their revenue from the renewables business

Super Energy generated a majority of its revenue from developing and owning wind and solar energy projects in Thailand, helping decarbonize their electricity grid.