Global Climate Solution Stocks

Nimir Resins Limited derives its FY2024 revenue from industrial resin and textile/paper chemical product lines, neither of which are direct climate solutions.

Nimir Industrial Chemicals Limited's FY 2024 revenue is generated from oleo-chemicals, chlor-alkali and toll manufacturing, none of which are climate solutions.

Pakistan Oxygen Limited's FY 2022 segment disclosures report Rs. 5,672,045 in net sales from industrial, medical and other gases, none of which directly apply to climate solutions.

Safe Mix Concrete Limited generated all of its revenue from traditional concrete and non from alternative.

Sitara Chemical Industries' FY2024 audited financial statements show material revenue from chemical products (caustic soda, sodium hypochlorite, oleochemicals) and a textile segment, neither of which are climate solutions.

Berger Paints Pakistan derives virtually all revenue from the manufacture and sale of paints and allied products which are not climate solutions.

Balochistan Glass Limited’s disclosed commercial activity is the manufacture and sale of glass containers, tableware, and pharmaceutical glass. They do not discuss efficiency or recycling, so we exclude them.

Al Shaheer’s public filings and investor materials show revenue almost entirely from two reportable segments: Raw Meat and Processed/Frozen Meat, which are not climate solutions.

OLP Modaraba's FY2025 revenue is driven primarily by Islamic financing products with no specific business lines directed towards climate solutions.

Jubilee General Insurance Company Limited’s FY2024 annual report shows revenue from a range of insurance products, but none focused on climate solutions.

While Pakistan Reinsurance Company does offer reinsurance for other groups providing insurance against climate-related risks, this is not a direct climate solution.

Atlas Insurance Limited generates virtually all material revenue from non-life insurance premiums, but none from insurance products focused on climate or climate solutions.

Millat Tractors reports that ~97% of FY2024 net revenue derives from tractor sales, which are not climate solutions.

Hascol's FY 2024 revenue is almost entirely from sale of petroleum products...

Packages Limited does not report any major recycling efforts, so we exclude them.

PNSC’s published financial statements show revenue is derived from maritime freight and related services which are not climate solutions.

PIA Holding Company Limited's FY2024 revenue is principally derived from its Aviation business with no discussion of efficient flying.

IREIT (Image REIT) generated almost all of its revenue from traditional real estate leasing, which is not a climate solution.

Nishat Mills' FY2024 revenue is almost entirely from conventional textile product lines (Yarn, Grey Cloth, Process Cloth, Made Ups, Garments, Towels), but has no discussion of recycled feedstocks.

Gadoon Textile Mills Limited's FY 2024 segment disclosures show ~85.8% of revenue from spinning (yarn manufacture), ~11.4% from knitted bedding products, and ~2.7% unallocated (dyeing and dairy), with no discussion of recycled feedstocks.