Global Climate Solution Stocks

A comprehensive list of publicly listed companies that generate >50% of their revenue from climate solutions that are headquartered in the following seven major global regions.

Note that we provide this list as a publicly available resource solely for the purpose of education. This list was created in 2025 and is not updated on a regular cadence.

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Company type:

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Company

HQ country

Solution type

Index status

Description

Rawa Energy Development Limited

HQ country:

🇳🇵 Nepal

Solution type:

Hydropower

Clean energy

Index status:

Pure Play

Pure Play

Rawa Energy Development Limited operates hydropower in Nepal, owning the 3 MW Upper Rawa Khola Small Hydropower Project (URKHP).

Sanvi Energy Limited

HQ country:

🇳🇵 Nepal

Solution type:

Hydropower

Clean energy

Index status:

Pure Play

Pure Play

Sanvi Energy Limited develops and operates hydropower in Nepal. Its Jogmai Khola (7.6 MW) and Jogmai Cascade (5.2 MW) projects total 12.8 MW and supply zero‑carbon electricity to Nepal.

Bhagawati Hydropower Development Company Ltd.

HQ country:

🇳🇵 Nepal

Solution type:

Hydropower

Clean energy

Index status:

Pure Play

Pure Play

Bhagawati Hydropower operates the run-of-river Bijaypur-1 plant on the Bijaypur River in Pokhara, with about 4.5 MW installed capacity.

Vision Lumbini Urja Company Limited

HQ country:

🇳🇵 Nepal

Solution type:

Hydropower

Clean energy

Index status:

Pure Play

Pure Play

Vision Lumbini Urja Company Limited (VLUCL) operates the 25 MW Seti Nadi run-of-river hydropower plant.

Upper Lohore Khola Hydropower Company Limited

HQ country:

🇳🇵 Nepal

Solution type:

Hydropower

Clean energy

Index status:

Pure Play

Pure Play

Upper Lohore Khola Hydropower Company Limited operates a 4 MW run-of-river plant in Dailekh, Nepal.

Mandu Hydropower Ltd.

HQ country:

🇳🇵 Nepal

Solution type:

Hydropower

Clean energy

Index status:

Pure Play

Pure Play

Mandu Hydropower operates a single 22 MW hydropower plant in Makwanpur, producing about 128 GWh annually.

Treet Corporation Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Energy Storage

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Treet Corporation Limited manufactures batteries and energy-storage systems that can support renewable energy or electric mobility. However, it doesn't break out revenue from climate-related segments (they also make household batteries) , so the precise contribution is unclear.

Tandlianwala Sugar Mills Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Biofuels

Clean energy

Index status:

Lacks Information

Lacks Information

While Tandlianwala Sugar Mills Limited does generate some revenue from biofuels / ethanol from their sugar plantation, they do not disclose the specific dollar amounts and they also generate revenue from non‑climate‑solution activities, so we exclude them for Lacks Information.

Cherat Cement Company Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Alternative Cement

Building efficiency

Index status:

Failed Revenue Filter

Failed Revenue Filter

While Cherat Cement Company Limited has launched multiple efforts to build out its low-carbon cement capabilities, these are still in the early phase with most of their revenue coming from traditional cement activities.

Shakarganj Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Biofuels

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Shakarganj Limited makes biofuel from the waste products of its sugar plantations, but this only accounts for 13% of its revenue.

JDW Sugar Mills Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Biomass

Clean energy

Index status:

No Climate Solution

No Climate Solution

JDW Sugar Mills generated about 8% of its revenue from operating a biomass power plant. While it is not fossil fuels, we do not consider biomass a climate solution.

Al-Abbas Sugar Mills Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Biofuels

Clean energy

Index status:

Lacks Information

Lacks Information

While Al-Abbas Sugar Mills Limited does generate some revenue from biofuels (ethanol), they do not disclose the specific dollar amounts and they also generate revenue from non‑climate‑solution activities, so we exclude them for Lacks Information.

Avanceon Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Building Automation

Building efficiency

Index status:

Failed Revenue Filter

Failed Revenue Filter

While Avanceon Limited does generate some revenue from energy efficiency projects through automation, the majority of their work seems to come from industrial automation, which is not necessarily saving energy, but labor, so not a climate solution.

Habib Sugar Mills Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Biofuels

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Habib Sugar Mills generated about 1/3 of its revenue from making ethanol/biofuel from sugar, so we exclude them.

K-Electric Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Electrical Utility

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

K-Electric Limited is a Karachi-focused Pakistani utility. Our research found that only 1.9–3% of generation from renewable/zero-carbon sources (FY 2021–FY 2023 range), well below the 50% threshold.

TPL Corp Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Efficient Shipping

Clean transportation

Index status:

Failed Revenue Filter

Failed Revenue Filter

While TPL Corp Limited does generate some revenue from fleet telematics and route optimization that would classify under the climate solution of efficient shipping, it only looks like a small part of their overall revenue (they do not disclose exactly how much)

Pakgen Power Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Electrical Utility

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Pakgen Power Limited is a Pakistan-based utility operating a 365 MW furnace‑oil power station at Mehmood Kot; company filings and market disclosures show no zero‑carbon assets and a verified zero‑carbon generation share of ~0%.

The Hub Power Company Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Electrical Utility

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

The Hub Power Company Limited is a Pakistan-based independent power producer with a predominantly thermal portfolio; company filings show hydropower contributed ~8.66% of HUBCO’s generation in the July 2024–June 2025 reporting period, implying a roughly 8.66% zero-carbon share.

Kohinoor Power Company Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Electrical Utility

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Kohinoor Power Company Limited is a Pakistan-based utility that owns and operates a 15 MW furnace-oil power station; company filings through FY 2025 contain no evidence of solar, wind, hydro, nuclear or other zero-carbon generation.

Nishat Chunian Power Limited

HQ country:

🇵🇰 Pakistan

Solution type:

Electrical Utility

Clean energy

Index status:

Failed Revenue Filter

Failed Revenue Filter

Nishat Chunian Power Limited is a Pakistan-based utility operating a single 200 MW Residual Furnace Oil-fired power plant at Jamber Kalan, meaning 0% of their electricity comes from zero carbon sources.