Global Climate Solution Stocks

GE Vernova T&D India is an offshoot of GE that generates a majority of its revenue building electricity transmission infrastructure in India, a key part of electrifying everything.

Bajel Projects specializes in designing, constructing, and maintaining power transmission lines in India, thus directly enabling the expansion of the electrical grid, a key climate solution.

CESC Limited is an Indian owner of multiple power plants, with only a tiny fraction of their generation coming from renewable energy.

Inducto Steels limited is a ship-breaking company that specializes in deconstructing and recycling old ships back into raw materials that can be used again, thus reducing the demand for virgin materials.

Sanstar Limited specializes in deriving food ingredients from corn. While these are plant-based foods and may be used in plant-based meat alternatives, it is unclear to us how important such ingredients are to plant-based foods specifically.

NTPC Green Energy is a large owner and developer of solar and wind energy in India, thus enabling more of the grid to operate without fossil fuels.

Inox Green Energy specializes in building and maintaining wind farms in India, thus enabling more of the Indian electricity grid to run without fossil fuels.

R.J. Shah and Company generate a majority of their revenue from constructing small and medium sized hydropower plants.

Kundan Edifice makes LED strip lighting which unfortunately is built to supplement, rather than replace, traditional lighting, so we exclude them for now.

Jayant Infratech specializes in helping Indian railways to electrify, thus removing the need to directly burn fossil fuels to move trains.

Rail Vikas Nigam is an Indian construction firm that specializes in both building new rail lines and electrifying existing ones, both climate solutions.

K&R Rail Engineering specializes in building new rail lines in India that enable more people to choose rail instead of a car.

Atul Auto is an Indian manufacturer of Rickshaws. While they do offer an e-rickshaw, it still represents just a small part of their overall revenue, so we exclude them.

Siyaram Recycling specializes in recycling brass back into usable products, a key climate solution that reduces the need to extract and refine new metals

Ahlada Engineers does make window frames, which can house high performance glass, but they generate a majority of their revenue from steel doors and other activities like distributing desks for schools.

HEG Limited specializes in offering graphite electrodes that are used by the electrical grid, enabling more businesses to run on electricity instead of fossil fuels.

Eveready Industries is an Indian battery manufacturer that mainly makes household batteries for use in toys and appliances, not climate solutions.

Prakash Industries is a pretty typical steel manufacturer with a majority of their steel being used as traditional rebar, not in building grid expansion.

R M Drip and Sprinklers is an Indian provider of irrigation equipment. While we consider drip irrigation to be more water efficient, it is unclear how much of their revenue they generate from drip vs. sprinklers, so we exclude them.

JSW Energy is an Indian utility that generates most of its power from thermal sources, so we exclude them