Global Climate Solution Stocks

Coppertech Industries Ltd. is a Dhaka, Bangladesh–based manufacturer of copper products that are the building block of an electrified energy system.

Dhaka Electric Supply Company Limited is a Bangladesh distribution utility; company filings show it does not own generation assets and no company-level generation mix is reported. While grid expansion is a climate solution, simply owning a grid is not, so we exclude them.

While IFIC Bank PLC does generate some revenue from loan products to improve efficiency in agriculture, they do not disclose how much of their overall revenue comes from this service.

While Navana CNG Limited does potentially limit some emissions by specializing in helping diesel powered cars and trucks ship to compressed natural gas, the climate math on such a conversion is unclear as methane is such a more potent greenhouse gas, so we exclude them.

Shahjibazar Power Company Limited is a Bangladesh-based utility operating an 86 MW gas-fired power plant; based on the company’s FY2023–24 filings its electricity generation is reported as gas-fired and the verified zero‑carbon share is 0% for FY 2023–24.

Power Grid Bangladesh PLC is the Dhaka-based national transmission utility that plans, develops and operates Bangladesh's high-voltage grid; it does not disclose a generation portfolio or generation-by-fuel mix at the company level, so we cannot make a call on them.

Baraka Power Limited is a Bangladesh-based utility operating solely gas-powered plants, so we exclude them.

Khulna Power Company Ltd. is a Bangladesh-based independent power producer supplying the Bangladesh Power Development Board; company filings and recent reporting show its Khulna plant is liquid-fuel (HFO/diesel) fired with no reported renewable or other zero-carbon generation, implying a verified ~0% zero-carbon share.

Baraka Patenga Power Limited operates multiple power plants in Bangladesh. Unfortunately all are fossil fuel powered, so we exclude them.

Quasem Industries Limited makes a majority of its revenue from batteries, but most of these seem to be for household use (like powering bug zappers), so we exclude them.

Salvo Chemical Industry Limited manufactures a chemical component for batteries, but its not clear what kind of batteries these are for (energy storage vs. automobile, etc.). They also do not disclose how much revenue they get from this product, so we exclude them

While Aftab Automobiles Limited does own a subsidiary that focuses on batteries with some products related to energy storage, they do not specifically split out this revenue in their annual statement, so we exclude them for Lacks Information.

Saif Powertec Limited generated a majority of its revenue from products and services to expand the electrical grid, install renewable energy, and energy storage in Bangladesh

Eastern Cables Limited manufactures both low-voltage domestic/building wires and grid-capable products, but its filings and financial summaries do not disclose a revenue split that would show a grid-revenue majority.

BBS Cables PLC lists "Power Cables" among a broad portfolio of cable types but provides no segment revenue or utility-contract evidence that HV/MV/T&D products comprise the majority of sales, so available disclosures do not indicate they are focused on expanding the grid.

While Aramit Limited does generate some revenue from providing insulation products for buildings, they also make roofing and other building materials that are not climate solutions. They do not disclose the breakdown of each.

Best Holdings PLC. does engage in fisheries according to their financials, but it's only about 15% of their revenue and they give no indication that they do "improved" fisheries, so we exclude them.

We took a look at Savar Refractories to see what kind of insulation products they offer, but they really just make bricks, which are not considered a climate solution.

We took a look at Advanced Chemical Industries to see if they do anything to improve nutrient runoff or efficiency, but they're really just a standard fertilizer company.

Bangladesh Steel Re-Rolling Mills does some recycling of metal and includes scrap in its feedstocks, but it falls below our 50% threshold.