Global Climate Solution Stocks

VMS Industries is a shipbreaker in India. They take old ships and recycle them so that their metals can be used again in new ships and other products.

Inox Wind specializes in manufacturing and selling wind turbine towers in India, enabling the grid to run more on wind and less on fossil fuels.

Waaree Renewable Tech offers a variety of solar panel configurations for customers in India, enabling more of India to run on sunshine.

BCPL Railway Infrastructure specializes in electrifying Indian railways, enabling trains to run without directly burning fossil fuels. They also provide services to expand the electrical grid, another key climate solution

V-Marc India specializes in manufacturing cables that are used to expand the electrical grid and enable the electrification of everything.

Jagan Lamps specializes in automotive light bulbs, which is not a climate solution. They do offer electric bikes, but this seems to be a small part of their overall revenue.

Premier Energies is an Indian manufacturer of solar cells and systems, providing panels and a number of solar solutions like solar lanterns in India.

Parmeshwar Metal specializes in manufacturing copper wires that are primarily used in electricity transmission, a key part of the electrification of everything.

Indiabulls Enterprises seems to seek to offer LED lighting, but it's unclear if they do as they have not posted financials. They also seem to be prioritizing other non climate solution industries like construction, so we exclude them.

Sunlite Industries specializes in refining copper into wires and rods so that it can be used in the electrical system. They also recycle copper.

Karma Energy owns a wind farm and hydropower plant in India, enabling the grid to run a little bit less on fossil fuels.

Adani Power is a very large Indian utility that generates almost all of its electricity from coal, so we exclude them.

Promax Power is an Indian construction firm that generated a majority of its revenue from construction projects related to expanding the grid and renewable energy, both climate solutions.

Gayatri Projects is an Indian construction firm focused on public works. While it does generate some revenue from railways, which is a mass transit solution, it generates more from roadways, airports, and buildings which are not direct climate solutions.

Kernex is a software provider that makes safety software and hardware for trains. While this is important, scaling Kernex would not directly result in more climate mitigation, so we exclude them as too secondary to the main solution of expanding mass transit.

Refex Renewables is an Indian pure play provider of solar systems in India from residential to utility.

Dhanashree Electronics specializes in provider LED light applications for home, office, and industrial use, helping reduce the amount of energy needed to light a space.

Kritika Wires builds a variety of wires from steel. While some are used for electrical grid, others are clearly not, like barbed wire. They do not provide a revenue breakdown per segment, so we exclude them

Apex Frozen food is a vertically integrated shrimp aquaculture company in India. They do own farms, but it is unclear if they are taking any activities to improve the efficiency of these farms beyond industry standard, so we exclude them.

Frontline Corporation generated about 2% of their revenue from wind energy with the rest from trading of auto parts and operating gas stations, so we exclude them