Global Climate Solution Stocks

While First Habib Modaraba does generate some revenue from providing loans for solar farms, they do not disclose the specific dollar amounts and they also generate revenue from non‑climate‑solution loans, so we exclude them for Lacks Information.

Pak Datacom generated about 13% of their revenue from installing solar farms, but the rest was from generic telecoms.

Siemens (Pakistan) Engineering Co generates a majority of its revenue from products and services to expand the electrical grid and install smart buildings and infrastructure, both climate solutions.

While Lucky Cement Limited does generate some revenue from utility-scale solar pv, they generate most of their revenue from their traditional cement business as well as importing cars, so we exclude them.

We took a look at WorldCall Telecom, but they really just do generic telecom work, which we do not consider a climate solution.

While Arif Habib Corporation Limited does generate some revenue from owning a utility-scale wind project, they also have ownership stakes in multiple fossil fuel energy projects and do not breakout revenue from each in their financials.

While Supernet Limited does generate some revenue from utility-scale solar pv, they do not disclose the specific dollar amounts and they also generate revenue from other IT and tech services (non climate solutions), so we exclude them for Lacks Information.

While Clover Pakistan advertises "smart water" as one of its product offerings, they do not distinguish how much revenue they make from this service in their financials, so we exclude them.

While EFU General Insurance Limited does generate some revenue from providing insurance products for solar farms, they don't split it out from their other insurance projects in their financial disclosures, so we exclude them.

While KSB Pumps Company Limited does generate revenue from the water distribution industry, it does not specifically offering products that dramatically increase the energy efficiency of distribution.

Dadex is a piping company that we looked at to see what kinds of water efficiency products they offer. They really just do pipes, so we exclude them.

Thal Limited’s FY 2024 revenues are derived from Engineering (Rs. 10.3bn) and Building Materials & Allied Products (Rs. 16.2bn). The company also owns a coal plant

While Secure Logistics - Trax Group Limited does generate some revenue from fuel monitoring services that could theoretically save fuel and emissions, it seems like a small part of its business.

While Zarea Limited does generate some revenue from generating biofuel feedstocks, but it is a minority of their overall revenue mix.

Agriauto Industries Limited’s FY2024 filings report revenue from manufacturing and sale of automotive components (vehicles, motorcycles and agricultural tractors). They do have an on-site solar farm, but it's not what they sell.

We took a look at this company to see what kind of water efficiency products it offers, but it really just makes pipes and fittings.

Allied Bank's doesn't disclose any types of banking products or services for climate solutions.

While Ghani Value Glass Limited does generate almost all of its revenue from making glass, they do not specifically make high performance glass for greater energy efficiency, so we exclude them.

JSCL is a diversified investment holding company whose consolidated revenue is overwhelmingly derived from banking and financial services, none of which are focused on climate solutions.

Engro Polymer & Chemicals derives FY2024 revenue predominantly from commodity Chlor‑Vinyl products (PVC 81%) and Chlor‑Alkali products (19%), neither of which are climate solutions.