Global Climate Solution Stocks

Power Integrations provides led and electric vehicles, but these make up less than 50% of its revenue, so it fails our revenue filter.

PPL is a utility that generates a majority of its power from fossil fuels, so it fails our utility filter.

Preformed Line Products Company provides grid expansion and flexibility and solar PV, but these make up less than 50% of its revenue, so it fails our revenue filter.

Primoris Services provides grid expansion and flexibility and solar PV. Borderline revenue mix; included as a watchlist candidate.

Public Service Enterprise Group Incorporated generates most of its electricity from clean sources, but still relies on coal or other fossil fuel generation, so it fails our coal filter.

PureCycle Technologies is a pure play in industrial recycling and bioplastics.

Quanex Building Products provides insulation and solar PV, but these make up less than 50% of its revenue, so it fails our revenue filter.

Quanta Services generates a majority of its revenue from grid expansion and flexibility, renewable energy development, and wind power. 85% of its revenue comes from these solutions.

QuantumScape is a pure play in energy storage and electric vehicles.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Radius Recycling was acquired or merged and is no longer publicly traded as an independent company.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

ReNew Energy Global Plc is a pure play in wind power and solar PV.

Republic Services captures methane on over 50% of its landfills, passing our landfill methane capture minimum.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

REX American Resources produces biofuels, but advanced biofuels make up less than 50% of its biofuel production, so it fails our biofuel filter.

Rivian Automotive is a pure play in electric vehicles.

Roper Technologies provides water distribution, but this makes up less than 50% of its revenue, so it fails our revenue filter.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

SAIHEAT offers waste to energy, but does not disclose a clear revenue breakdown, so we exclude them for lack of sufficient information.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Sempra is a utility that generates a majority of its power from fossil fuels, so it fails our utility filter.

SES AI provides energy storage, but this makes up less than 50% of its revenue, so it fails our revenue filter.

Shoals Technologies Group is a pure play in solar PV and EV charging infrastructure.

97% of Sigma Lithium's revenue comes from critical minerals, which are critical for the energy transition.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Sociedad Química y Minera de Chile mines critical minerals, but credible human rights or environmental concerns at its operations cause it to fail our mining filter.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

SolarEdge Technologies is a pure play in solar PV and energy storage.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Solid Power is a pure play developing all-solid-state battery technology that replaces the liquid electrolyte in conventional lithium-ion cells with a sulfide-based solid electrolyte for higher energy density and improved safety.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

85% of Southern Copper's revenue comes from critical minerals, which are critical for the energy transition.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Standard Lithium mines and processes critical minerals, which are critical for the energy transition.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Steel Dynamics generates a majority of its revenue from recycled metals, industrial recycling, and electric arc furnace steelmaking. 95% of its revenue comes from these solutions.

Stellantis provides electric vehicles, but this makes up less than 50% of its revenue, so it fails our revenue filter.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Sterling Infrastructure provides water distribution, but this makes up less than 50% of its revenue, so it fails our revenue filter.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

SunOpta was acquired or merged and is no longer publicly traded as an independent company.

Sunrun is a pure play in solar PV and energy storage.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Taseko's Gibraltar mine in British Columbia generates ~95% of revenue from copper and molybdenum, both critical minerals for the energy transition.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Teck Resources is a mining company, but does not generate a majority of revenue from critical minerals for the energy transition, so it fails our mining filter.

Tecnoglass generates a majority of its revenue from dynamic glass.

Terrestrial Energy is a pure play developing its proprietary Integral Molten Salt Reactor (IMSR), a Generation IV nuclear design that produces emission-free electricity and high-temperature heat for industrial use. Pre-revenue.

Tesla offers electric vehicles and energy storage, but is excluded under another filter.

Tetra Tech provides water distribution and grid expansion and flexibility, but also sells products to the defense industry, so it fails our defense filter.

The AES generates most of its electricity from clean sources, but still relies on coal or other fossil fuel generation, so it fails our coal filter.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

The Southern Company is a utility that generates a majority of its power from fossil fuels, so it fails our utility filter.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Tigo Energy is a pure play that develops and sells Module Level Power Electronics (MLPE) for solar systems, providing panel-level power optimization, rapid shutdown, and monitoring for residential, commercial, and utility-scale installations.

TMC the metals company mines and processes critical minerals, which are critical for the energy transition.

TopBuild generates a majority of its revenue from insulation. 95% of its revenue comes from these solutions.

TOYO is a pure play across the solar value chain, manufacturing wafers, cells, and PV modules with downstream module production primarily serving the US market.

Toyota Motor provides electric vehicles, but this makes up less than 50% of its revenue, so it fails our revenue filter.

Trane Technologies offers heat pumps and building automation, but does not disclose a clear revenue breakdown, so we exclude them for lack of sufficient information.

TransAlta is a utility that generates a majority of its power from fossil fuels, so it fails our utility filter.

Trex makes wood-alternative composite decking using over 95% recycled content, primarily reclaimed plastic film and waste wood. ~100% of revenue comes from this recycled-feedstock product line.

Trilogy Metals is a mining company, but does not generate a majority of revenue from critical minerals for the energy transition, so it fails our mining filter.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Tutor Perini provides mass transit and water distribution, but these make up less than 50% of its revenue, so it fails our revenue filter.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Unitil is a utility that generates a majority of its power from fossil fuels, so it fails our utility filter.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

95% of Uranium Energy's revenue comes from uranium and critical minerals, which are critical for the energy transition.

100% of Ur-Energy's revenue comes from uranium and critical minerals, which are critical for the energy transition.

United States Antimony is a mining company, but does not generate a majority of revenue from critical minerals for the energy transition, so it fails our mining filter.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Valmont Industries generates a majority of its revenue from grid expansion and flexibility and water distribution. 60% of its revenue comes from these solutions.

Veeco Instruments does not generate a meaningful share of revenue from any Project Drawdown climate solution.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Vertical Aerospace is a pure play in electric aviation, developing the VX4, a piloted four-passenger eVTOL aircraft designed to replace short-haul fossil-fuel flights with zero-emission air travel. Pre-revenue.

Vertiv Holdings Co provides energy storage and grid expansion and flexibility, but these make up less than 50% of its revenue, so it fails our revenue filter.

Via Transportation is a pure play in mass transit and telepresence.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Vicor provides grid expansion and flexibility and EV charging infrastructure, but these make up less than 50% of its revenue, so it fails our revenue filter.

Village Farms International provides landfill methane capture, but this makes up less than 50% of its revenue, so it fails our revenue filter.

VinFast Auto is a pure play in electric vehicles and electric two wheelers.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Vistra is a utility that generates a majority of its power from fossil fuels, so it fails our utility filter.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

We're keeping an eye on them, but as of last annual rebalance, they fell below our $250m market cap exclusion.

Waste Connections is a waste management company, but captures methane on less than 50% of its landfills, so it fails our landfill filter.

Waste Management captures methane on over 50% of its landfills, passing our landfill methane capture minimum.

Watsco provides heat pumps and water distribution, but these make up less than 50% of its revenue, so it fails our revenue filter.

Watts Water Technologies provides water distribution, but this makes up less than 50% of its revenue, so it fails our revenue filter.

WEC Energy Group is a utility that generates a majority of its power from fossil fuels, so it fails our utility filter.