Global Climate Solution Stocks

Asahi India Glass is a glass manufacturer. While they do make some glass for buildings, they generated 59% of their revenue from automotive glass, which is not a climate solution, so we exclude them

Shree Steel Wire is an Indian wire manufacturer that generates most of the revenue from serving industries like fishing and oil/gas than electricity transmission, so we exclude them.

Eco Recycling is an Indian recycler of e-waste. They take old electronics and extract the valuable resources back out of them, which reduces the demand for virgin materials in new electronics.

Excellent Wires specializes in making steel wires. While these can be use in the electrical grid, we could not find much of an online presence for the company to distinguish the end uses of their product.

KKV Agro Powers is an Indian renewable energy developer that owns one wind and one solar plant.

Ola Electric Mobility is an Indian pure-play provider of electric scooters than enable people in India to get around without fossil fuels.

Vindhya Telelinks is an Indian producer of cables. While they do generate some cables for electrical transmission, most is for telecoms, which is not a climate solution.

Artemis Electricals is an Indian firm that specializes in providing energy-efficient LEDs for a wide number of use-cases.

Surana Telecom and Power generates a majority of their revenue selling solar modules and developing solar and wind farms. They also generate power transmission cables and some other cabling for general electronics.

While we very much would like to include EKI Energy, their ESG and climate audits are not direct climate solutions. EKI, like Carbon Collective itself, is a secondary enabler and promoter of climate solutions, so, as of our 2025 solutions list, we did not include them.

RTS Power Corporation is an Indian firm that generates most of its revenue from building machines for the electrical grid like transformers.

Adani Green Energy is a part of the Adani corporate empire. They own multiple power plants around the country, sourcing all of their electricity from solar, wind, or solar + wind farms.

Transrail Lighting specializes in providing construction services for the electrical grid in India, a key role in expanding the grid and precursor for the energy transition to electricity vs. fossil fuels.

Nippo is an Indian battery manufacturer that mainly makes household batteries, not energy storage devices.

Torrent Power owns multiple power plants in India, while they do have considerable solar and wind farms under management, they generate just as much from thermal sources, so we exclude them.

India Power Corporation owns a few electrical plants in India, with a majority coming from solar and wind.

GP Eco Solutions specializes in selling solar inverters in India as well as energy storage solutions.

EPACK Durable is an Indian producer of HVAC systems. They do not mention heat pumps or energy efficient systems in their materials. They do make a portable induction cooktop, however, but it is a minority of their revenue.

Agni Green Power is an Indian provider of a range of solar options from generic solar farms to solar street lights, thus enabling more of India to be powered without fossil fuels.

Easun Reyrolle is an Indian company that specializes in products and services for the electricity transmission sector, all key for expanding the electrical grid.