Global Climate Solution Stocks

American Electric Power is a utility that produces 70% of its power from coal and natural gas, and the rest from clean sources. It fails our utility and coal filters.

IBM sells computer hardware, middleware and software. Some of its products contribute to telepresence, but since IBM is not a telepresence pureplay, it fails our revenue filter.

Allegro makes LED driver integrated circuits with LED lighting application, but 69% of its revenue comes from selling products to the internal combustion engine automotive market, so it fails the revenue filter.

Digi International sells embedded and external network communications as well as USB products. They are not a telepresence pureplay, so they ïre excluded from the Index.

Montrose helps clients deal with water distribution issues among other pro-climate projects, but it also works with many O&G companies, petrochemical and tobacco industries. It is unclear what makes up a majority of its revenue.

Emerson makes smart thermostats, which are a climate solution. But it also makes a larger proportion of revenue from products and services for the oil and gas industries.

Cisco is a technology conglomerate that sells hardware, software and other high-tech services and products. They offer telepresence solutions, but it makes up less than 50% of its revenue, so we exclude them.

WAB makes products for locomotives, freight cars and passenger transit vehicles. It ïs not clear how much revenue it gets from particular products, so we exclude it for lacking sufficient information.

Mueller Water Products sells water leak detection systems but these make up a small portion of its overall revenue. It fails our revenue filter.

Enbridge is an energy infrastructure company that gets some of its revenue from solar and wind energy. But most of its revenue comes from building gas and oil pipelines, and gas infrastructure. It fails our revenue filter.

Argan ïs subsidiary Gemma offers clean power generation but also fossil fuel-based power plant. Its gas-fired power plant is much bigger than its clean power generation.

Toyota makes some EVs but makes most of its revenue from traditional internal combustion vehicles. It fails our revenue filter.

Lear makes some electrification products, but 94% of its revenue comes from supplying products for traditional automotive. It therefore fails our revenue filter.

Ford Motors makes EVs but makes most of its revenue from traditional internal combustion vehicles. It fails our revenue filter.

Aecom provides infrastructure consulting services for developing fuel cell, solar/wind infrastructure, and EV infrastructure, but these only account for 3% of its revenue.

Cummins makes hydrogen production solutions, but 71% of its revenue comes from selling parts for internal combustion engine vehicles, and the oil and gas markets, so it fails our revenue filter.

Genuine Parts sells auto parts. It seems to get some revenue from the EV industry, but most of its business is with the internal combustion vehicle market. It fails our revenue filter.

Algoma is a steel manufacturer. While they are constructing 2 state-of-the-art electric arc furnaces to replace its existing blast furnace steelmaking operations, as of 2022, they are not yet operational.

Ingredion converts plants into value-added ingredients and biomaterials for food industries. But since its products don ït replace animal-based foods, it fails our plant-based diet filter.

Vita Coco sells coconut water in different variations. But since its products aren ït replacements to meat-based foods, it fails the plant-based food filter.