Climate Solution Stocks

A. O. Smith

Lacked Sufficient Information

AO Smith sells water heaters, boilers, and water treatment products, but not water leak detection solutions, so they don√ït contribute to any climate solutions.

Solar, Hot Water

AAON

Passed Revenue Filter

AAON sells geothermal/water-source heat pumps a key technology for making buildings electrified and more energy efficient.

0.7673%

ABB

Delisted

ABB makes 65.5% of its revenue from grid flexibility and EV infrastructure by selling substation packages and charging infrastructure.

Acuity Brands

Passed Revenue Filter

Acuity makes LED lights for commercial, architectural, and specialty applications. Acuity also makes building efficiency and building automation products.

0.8085%

ADS-TEC Energy PLC

Pure Play

ADS-TEC Energy is an EV infrastructure pure play. ADS-TEC Energy's ChargeBox is a fast charging solution for EVs with up to 320 KW charging power.

0.0447%

Advent Technologies Holdings

Pure Play

Advent sells components that improve the performance of hydrogen fuel cells for the aviation, automotive, and other markets.

0.0021%

Aecom

Failed 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.

Fuel Cells

Aemetis

Failed Biofuel Filter

Aemetic makes ethanol from corn or biomass (it√ïs not clear which is more) and pipeline-quality renewable natural gas from dairy manure. Since most of its revenue comes from ethanol, which is not an advanced biofuel, it fails out biofuel filter.

Biomass

Agrify

No Drawdown Solution

Agrify sells LED grow lights amongst other business activities, but don√ït provide a revenue breakdown, thus are excluded for lack of sufficient information.

LED

AgroFresh Solutions

Delisted

Agrofresh sells products like packaging solutions that extend the shelf life of food and help decrease food waste.

Albemarle Corporation

Failed Mining Filter

Albemarle makes lithium compounds that promote energy storage. But 55% of its revenue comes from chemical products for the oil and gas industry, so it fails our revenue filter.

Critical Minerals

Algoma Steel Group Inc.

Failed 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.

Arc Smelting

Algonquin Power & Utilities.

Failed Utility Filter

Algonquin is an energy utility whose revenue mostly comes from transmission and distribution. Most of the electricity they transmit, however, is not from clean sources, so it fails our utility filter.

Electrical Utility

Allego N.V.

Pure Play

Allegro is an EV infrastructure pure play that operatse one of the largest pan-European EV public charging networks.

0.0461%

Allegro Microsystems

Failed 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.

LED

ALLETE

Failed Utility Filter

Allete is a holding company whose subsidiaries operate power plants. While one subsidiary owns wind farms, another √ê Minnesota Power √ê owns coal-fired units which it won√ït retire until 2035. It fails our coal filter.

Electrical Utility

Alliant Energy

Failed Utility Filter

Alliant is an electric utility company that produce 70% of its power from fossil fuels, including coal. It fails our utility and coal filter.

Electrical Utility

Altus Power, Inc.

Pure Play

Altus Power is a clean electricity generation pure play. Because all of its revenue comes from clean electricity, we include it in the Climate Index.

0.1388%

Ameren

Failed Utility Filter

Ameren is a power utility. It don√ït provide enough information about its sources of power generation. We exclude Ameren for lack of sufficient information.

Electrical Utility

Ameresco

Pure Play

Ameresco makes buildings more energy efficient, builds renewable power plants, sells solar PV products, and owns a wind power project.

0.2115%

Net-zero building

American Electric Power

Failed Utility Filter

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.

Electrical Utility

Amtech Systems

Lacked Sufficient Information

Amtech makes semiconductor equipment with a wide range of applications, including LEDs. But it√ïs not clear how much of its revenue comes from LED lighting. We exclude them for lack of sufficient information.

LED

Apogee Enterprises

Passed Revenue Filter

Apogee makes high-performance glass and related products that enhance the energy efficiency of buildings.

0.1507%

Aqua Metals

Pure Play

Aqua recycles lead that is primarily used in lead acid batteries, which promotes the circular economy

0.0105%

Archaea Energy Inc

Pure Play

Archea Energy is a pure play in methane capture. They capture landfill gas and convert it into low-carbon renewable natural gas and electricity. It was aquired by BP

Methane capture

Archer Aviation Inc.

Pure Play

Archer Aviation is an electric aviation pure play that is designing an electric aircraft for use in future urban air mobility networks and reduce the need for fossil-fuel powered air transport.

0.2361%

Arcimoto

Pure Play

Arcimoto is known for making 3-wheeled EVs, such as an all-electric rapid response vehicle for emergency services and an EV for last-mile delivery.

0.0010%

Arcosa

Failed Revenue Filter

Arcosa builds structural wind towers in the US and Mexico, but they also sell a range of products to the fossil fuel industry. Since Arcosa don√ït provide a revenue breakdown between these segments, we exclude it for lack of sufficient information

Wind Power

Argan

Failed 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.

Biomass

Array Technologies

Pure Play

Array sells solar tracking systems that use machine learning to identify the best positioning for a solar array to increase energy production.

0.3248%

Arrival

Pure Play

Arrival is a pure play that builds electric vans and buses.

0.0027%

Atlantica Sustainable Infrastructure

Aspen Aerogels, Inc.

Lacked Sufficient Information

Aspen Aerogels make aerogel materials used in the energy infrastructure, building materials and EV markets. But its main end-markets are fossil fuel plants, thus failing the revenue filter.

Insulation

Atlantic Power

Failed Utility Filter

Atlantic produces 70% of its power from fossil fuels, so it fails our utility filter. In 2021, it was acquired by I Squared Capital.

Electrical Utility

Passed Utility Filter

Stem helps buildings to switch from onsite, to stored, to grid electricity with an AI-powered platform.

0.3190%

Atlas Technical Consultants

Failed Revenue Filter

Atlas Technical makes water leak detection and repair solutions, but it doesn√ït provide a revenue breakdown. It√ïs likely that these Climate solutions are less than 50% of its total revenue. We exclude them for lack of sufficient information.

Water Distribution

ATRenew Inc.

Pure Play

ATRenew is a platform where pre-owned consumer electronics (mostly mobile phones) are bought and sold. This is a pure play that contributes to the climate solution of recycling.

0.0553%

AudioCodes

Pure Play

AudioCode sells software and productivity solutions for virtual work environments, enabling people to collaborate without the need of physical travel.

0.0480%

Austin Gold Corp.

Failed Mining Filter

Austin Gold Corp., a gold exploration company, focuses on the exploration of mineral property interests in Nevada. It is pre-revenue but since its focus is gold, a non-critical mineral, it is excluded

Critical Minerals

Avangrid

Failed Utility Filter

Avangrid is an energy utility that generates mostly renewable energy. However most of its revenue comes from tramission of eletricity with aproximately half of that being clean. In addition ~20% of its revenue from the sale of natural gas.

Electrical Utility

Avista

Failed Utility Filter

Avista is an electric utility that produces most of its power from clean sources. But 13% of its power comes from coal with no plans for its retirement in the next 3 years. It fails our coal filter.

Electrical Utility

AXT

Lacked Sufficient Information

AXT makes semiconductor substrates used in LEDs, thermal imaging, and autonomous vehicles. They don√ït give a precise revenue breakdown, so we exclude them for lack of sufficient information.

LED

Ayro

Pure Play

Ayro is a pure play in EVs for last-mile delivery, which can access tight areas like university paths and business parks.

0.0011%

Azure Power Global Limited

Delisted

Azure Power is an electric utility that is focused on generating clean electricity. 100% of its revenue comes from generating renewable power.

Babcock & Wilcox Enterprises

Failed Revenue Filter

Babcock & Wilcox makes waste-to-energy and biomass solutions. It also offers carbon capture technologies but without storage, which we consider fossil fuel revenue. Its largest revenue source is products for the oil & gas sectors, failing our revenue filter.

Waste To Energy

Badger Meter

Passed Revenue Filter

Badger makes >50% of its revenue from selling water meters that can help water utilities detect leaks, an important climate solution.

0.5792%

Ballard Power Systems

Pure Play

Ballard sells proton exchange membrane fuel cells to transit but, rail, and critical infrastructure industries that can enable them to run without carbon emissions

0.1413%

Beacon Roofing Supply

Passed Revenue Filter

Beacon sells and distributes insulation products, solar paneling, solar inverters and solar panels mounting hardware.

0.7043%

Beam Global

Pure Play

Beam Global sells EV charging solutions that use solar power and battery storage to power themselves.

0.0129%

Beyond Meat

Pure Play

Beyond Meat sells various plant-based meat products that reduce the demand for traditional animal-based meat.

0.0734%

Bird Global Inc

Pure Play

Bird is an electric scooter pure play, that sells e-scooters designed for short-term rental to over 400 cities.

Blink Charging

Pure Play

Blink operates a wide network of EV charging stations.

0.0292%

Bloom Energy

Failed Revenue Filter

Bloom Energy√ïs energy servers can operate on both hydrogen and biogas, but most of them use natural gas as its fuel. We consider this fossil fuel revenue.

Fuel Cells

BorgWarner

Failed Revenue Filter

BorgWarner makes some solutions for EVs but makes a much larger portion of its revenue from traditional internal combustion vehicles. It fails our revenue filter.

Electric Cars

Brenmiller Energy Ltd

Pure Play

Brenmiller makes heat battery based on natural crushed rocks, but were excluded because it has been on the market for less than 6 months

0.0016%

Electrical Utility

Broadwind

Passed Revenue Filter

Broadwind makes 70% of its revenue by selling steel towers and adapters to wind turbine manufacturers.

0.0076%

Brookfield Infrastructure Partners L.P.

Lacked Sufficient Information

Belden sells basic connectivity solutions for energy and telecom, but it doesn√ït make products designed to strengthen and expand the electrical grid. It therefore don√ït offer any climate solutions.

Electrical Utility

Brookfield Renewable

Passed Utility Filter

Brookfield is an yieldco that is focused on generating electricity from renewable energy assets. 100% of its revenue comes from generating renewable power.

0.6613%

Burcon NutraScience

Delisted

Burcon makes plant-based products like plant proteins and dairy alternatives that reduce demand for animal-based foods.

Plant-based diet

BWX Technologies

Failed Defense Filter

BWX performs fabrication activities for missile launch tubes for US submarines, which fail our defense filter.

Nuclear Power

Cameco

Pure Play

Cameco mines and sells uranium for the purposes of nuclear fuel production.

2.3907%

Canadian Solar

Pure Play

Canadian Solar sells solar ingots, wafers, cells, modules, panels and other solar power products as well as battery storage products.

0.2168%

Canoo

Pure Play

Canoo is a pure play that makes electric delivery and multi-purpose vehicles, including an electric skateboard.

0.0258%

Capstone Green Energy Corporation (Previously CPST)

Failed Revenue Filter

Capstone Green Energy sells microgrid solutions, but this accounts for only 1% of its total revenue. The rest is from fossil fuel-based microturbines used in fossil fuel industries.

Methane Capture

Carlisle Companies

Failed Defense Filter

Carlisle makes building products, including building envelope products and energy-efficiency solutions. But it also sells high-performance wire and cable, with in-flight connectivity applications for military aircrafts. It therefore fails our defense filter.

Net-zero building

Carrier Global

Passed Revenue Filter

Carrier sells HVAC products including high-efficiency heat pumps, a technology necessary for electrifying and energy retrofitting buildings.

5.0000%

Casella Waste Systems

Failed Landfill Filter

Casella is a waste management company that gets some of its revenue from recycling, a climate solution. But it also owns 9 landfill sites, and only 4 of them currently have gas-to-energy facilities. It therefore fails our landfill filter.

Methane Capture

CBAK Energy Technology

Pure Play

CBAK is a pure play that makes lithium batteries used in EVs, electric tools, and energy storage applications.

0.0120%

Cenntro Electric Group Limited

Pure Play

Cenntro Electric is a EV pure play that makes light- and medium-duty electric commercial vehicles.

0.0056%

CenterPoint Energy

Failed Utility Filter

CenterPoint is an electric utility that produces most of its power from fossil fuels, including coal. It fails our utility and coal filters.

Electrical Utility

Centrais Elétricas Brasileiras - Eletrobrás

Failed Utility Filter

EBR is an electric utility that produces 85.3% of its power from clean sources. But it also produces some of its power from coal and it has no plans to shut down its coal plants within the next 3 years, failing our coal filter.

Electrical Utility

Central Puerto

Failed Utility Filter

Central Puerto produces 61.5% of its power from fossil fuels (gas) and the rest from renewables (hydro and wind). It, therefore don√ït pass our utility filter.

Electrical Utility

Centrus Energy

Pure Play

Centrus sells various components of nuclear fuel and provides technical services to deploy advanced nuclear fuel production capabilities.

0.1080%

ChargePoint Holdings

Pure Play

ChargePoint sells EV charging solutions like smart charging stations, which can be used by fleets or individual owners.

0.1251%

China Recycling Energy

Failed Revenue Filter

China Recycling Energy conducts waste-to-energy operations, but uses gas from coal mining, oil exploitation, refining processing and other fossil fuels as a fuel source. It therefore fails our revenue filter.

Waste to Energy

China XD Plastics

Delisted

China XD Plastics Limited was delisted in February 2022

Bioplastics

Cisco

Failed Telepresence Filter

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.

Telepresence

Clean Harbors Inc

Failed Landfill Filter

Clean Harbors provides environmental and industrial services, including hazardous waste management and recycling. It owns 7 landfills but none have methane capture systems, so it fails the landfill filter.

Recycling

CleanSpark

Failed Revenue Filter

CleanSpark sells distributed energy systems and microgirds, but the vast majority of its revenue comes from bitcoin mining which is not a Climate solution. It fails our revenue filter.

Microgrid

ClearOne

Pure Play

ClearOne sells audio conferencing products and sound-reinforcement products that improve virtual connections and enable people to more easily collaborate without physical travel.

0.0033%

Clearway Energy

Passed Utility Filter

Clearway Energy is an yieldco that's purely focused on generating clean electricity. 99.5% of the electricity it generates comes from renewables.

0.5499%

CMS Energy

Failed Utility Filter

CMS is an electric utility that produces 79.2% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Electrical Utility

CN Energy Group

Passed Revenue Filter

CN Energy Group makes biomass electricity from wood. Due to its high emissions, Carbon Collective does not consider biomass electricity a Climate Solution and therefore exclude it.

0.0008%

Biomass

Comfort Systems USA

Passed Revenue Filter

Comfort Systems makes 84.5% of its revenue from replacing old HVAC systems with more efficient ones.

0.9391%

Commercial Metals

Passed Revenue Filter

Commercial Metals manufactures steel and metal products, 98% of which is from recycled scrap metal, helping make steel a circular industry

0.7486%

Consolidated Edison

Failed Utility Filter

51.8% of the electricity Con Ed generates and just about half of the electricity they transmit is clean, meaning they fall well below the 100% threshold.

Electrical Utility

Contango Ore, Inc.

Failed Mining Filter

Contango Ore, Inc., a gold exploration company, focuses on the exploration of mineral property interests in Alaska. It is pre-revenue but since it focus is gold, a non-critical mineral, it is excluded

Critical Minerals

Core & Main, Inc

Failed Revenue Filter

Core & Main sells smart meters and advanced metering technology that help reduce water loss through leak detection. But these account for only 8% of its revenue, so it fails the revenue filter.

Water Distribution

Corning

No Drawdown Solution

Corning makes LED display products and emissions control products for the automotive industry, but not LED lighting, leaving it without a climate solution.

LED

Covanta

Delisted

Covanta makes most of its revenue from waste-to-energy operations and metal recycling, both Climate Solutions.

Waste to Energy

CRH

Lacked Sufficient Information

CRH makes building materials, including high-performance glass, a climate solution. But most of its revenue comes from conventional cement, concrete and asphalt.

Alternative Cement

Crown ElectroKinetics

Pure Play

Crown makes dynamic glass that changes its opacity and reflectiveness in response to outside conditions. Dynamic glass enhances the energy efficiency of buildings.

0.0002%

CSW Industrials

Passed Revenue Filter

CSW makes 69% of its revenue from products that make heating and cooling systems more efficient.

0.4124%

Cummins

Failed Revenue Filter

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.

Electric Cars

CVD Equipment

Failed Defense Filter

CVD is a specialty industrial machinery company. It offers MesoPlasma printing services and products to the defense industry, failing our defense filter.

LED

Dana Corporation

Lacked Sufficient Information

Dana sells both EV and internal combustion engine vehicle parts, but we exclude them because a revenue breakdown between those two segments is not provided.

Electric Cars

Danimer Scientific

Pure Play

Danimer is a pure play that makes bio-based plastics using microorganisms. Bioplastics is an important climate solution.

0.0133%

Daqo New Energy

Pure Play

Daqo core business is selling high-purity polysilicon used in solar PVs to PV manufacturers.

0.2550%

Denison Mines Corp

Pure Play

Gingko uses genetic engineering to product bacteria with industrial applications. It works in the food and agricultural markets, but don√ït offer Climate solutions.

0.2011%

Digi International

Failed Telepresence Filter

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

Telepresence

Diodes

Failed Revenue Filter

Diodes sells discrete semiconductor products with consumer electronics industry applications. But it makes only small revenue from LED lighting applications, so it fails our revenue filter.

LED

DocuSign

Pure Play

DocuSign provides an e-signature solution that allows for digital signing of agreements and documents, saving both paper and emissions from transportation

1.5500%

Dominion Energy

Failed Utility Filter

Dominion is an electric utility that generates about half of its power from fossil fuels, including coal. With no plans to retire its coal plants, it fails our coal filter.

Electrical Utility

Dow

Lacked Sufficient Information

Dow makes both traditional and bioplastics. We exclude it for lacking sufficient information that would help us determine which is a larger source of revenue.

Bioplastics

DTE Energy

Failed Utility Filter

DTE is an electric utility that produces 70.4% of its power from fossil fuels, failing our utility filter.

Electrical Utility

Duke Energy

Failed Utility Filter

Duke Energy is an electric utility that produces 74% of its power from fossil fuels, failing our utility filter.

Electrical Utility

DuPont de Nemours

Lacked Sufficient Information

DuPont is a chemicals company. It sells products with solar energy and LEDs applications, but also to the defense and oil and gas industries. It doesn√ït provide a revenue breakdown between these end-markets, so we exclude it for lacking sufficient information.

Solar, PVs

Eaton

Failed Defense Filter

Eaton makes 62% of its revenue by improving grid flexibility by selling various electrical and power products.

Eco Wave Power

Pure Play

Eco Wave is a pure play that makes technology that converts ocean and sea waves into clean electricity.

0.0009%

Ocean Power

Ecolab

Lacked Sufficient Information

Ecolab offers products to help businesses conserve water, but it also provides products and programs designed for oil companies. Since it doesn√ït give a revenue breakdown between these end-markets, we exclude it for lacking sufficient information.

Water Distribution

Edison International

Lacked Sufficient Information

Edison International is an electric utility but it doesn√ït give enough information about its power generation sources.

Electrical Utility

Electrameccanica Vehicles

Pure Play

Electroameccanica Vehicles plans to sell EVs, but so far its revenue comes only from internal combustion vehicles. It fails our revenue filter.

0.0051%

Electric Cars

Electric Last Mile Solutions, Inc.

Delisted

Electric Last Mile intends to design and manufacture electric √ílast mile√ì delivery and utility vehicles.

Electric Cars

Ellomay Capital

Failed Utility Filter

Ellomay is an electric utility that produces 62.9% of its power from gas and diesel oil, failing our utility filter.

Electrical Utility

eMagin

Failed Defense Filter

eMagin sells night vision/thermal imaging goggles to customers in the military, failing our defense filter.

LED

Emeren Group Ltd.

Pure Play

ReneSola constructs solar projects and sells project rights.

0.0210%

Emerson Electric

Failed Revenue Filter

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.

Smart Thermostat

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima

Lacked Sufficient Information

EDN is an electric utility but it doesn√ït provide complete enough information about its power generation sources.

Electrical Utility

Enbridge

Failed 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.

Solar, PVs

Enel Chile

Failed Utility Filter

Enel Chile is a Chilean electric utility. 65.9% of the electricity it generates is from clean sources, but they don't disclose how much of the power they transmit is from clean generation. We exclude them for lacking sufficient information.

Electrical Utility

Energy Focus

Pure Play

Energy Focus makes a variety of LED lighting products that emit the same light for less electricity.

0.0008%

Energy Vault Holdings, Inc.

Pure Play

Energy Vault is an energy storage pure play that makes gravity-based, grid-scale energy storage solutions.

0.0428%

EnerSys

Failed Defense Filter

EnerSys is an electrical equipment company. It sells specialty batteries with aerospace ad defense applications, missiles and smart weapons, so it fails our defense filter.

Grid Expansion

Enphase Energy

Pure Play

Enphase sells microinverters, energy monitoring software, and AC batteries to solar distributors.

2.3069%

Entergy

Failed Utility Filter

Entergy is an electric utility that produces 78% of its power from fossil fuels, including coal with no plans to retire its coal plants. It fails our utility and coal filters.

Electrical Utility

Eos Energy Enterprises

Pure Play

Eos is a pure play that makes energy storage solutions to utilities and other customers.

0.0268%

ESCO Technologies

Failed Defense Filter

ESCO is a technology company that makes products that promote grid flexibility, a climate solution. But it also sells many products used with aerospace and defense applications. It therefore fails out defense filter.

Wind Power

ESS Tech, Inc.

Pure Play

ESS is a pure play in long-duration energy storage that makes iron flow battery technology.

0.0252%

Euro Tech Holdings

No Drawdown Solution

Euro Tech makes water treatment equipment and other products. But they don√ït offer any climate solutions.

Water Distribution

Evergy

Failed Utility Filter

Evergy is an electric utility that produces 64% of its power from fossil fuels, including coal, with no plans to retire its coal plants. It fails our utility and coal filters.

Electrical Utility

Eversource Energy

Failed Utility Filter

Most of Eversource's revenue comes from electric, gas and water distribution, which are not climate solutions.

Electrical Utility

EVgo

Pure Play

EVgo is a EV infrastructure pure play that owns and operates the largest public fast EV charging network in the US. The network is 100% powered by renewable electricity through the use of renewable energy certificates.

0.1370%

Evoqua Water Technologies

No Drawdown Solution

Evoqua offer technologies mostly focused on removing impurities from water. It doesn't make any leak detection technologies, so it fails our water distribution efficiency filter.

Water Distribution

Exelon

Failed Utility Filter

Exelon is an energy utility. 75.8% of the electricity it generates comes from clean sources, but only about 40% of the electricity they transmit and distribute is clean, leading them to fail our utility filter.

Electrical Utility

Expion360 Inc.

Lacked Sufficient Information

Expansion360 sells lithium-ion batteries for RVs, golf carts and marine vehicles. Because these are not replacing previously fossil-fuel powered engines, they don√ït count as climate solutions.

Energy Storage

EZGO Technologies

Pure Play

EZ is a pure play that makes e-bicycles, e-tricycles, and lithium batteries for the Chinese market.

0.0011%

Faraday Future Intelligent Electric Inc.

Pure Play

Faraday is a pure play that intends to start building electric cars.

0.0038%

First Solar

Pure Play

First Solar sells solar modules and power plant solutions.

2.3533%

FirstEnergy

Failed Utility Filter

FirstEnergy is an electric utility that produces 86.6% of its power from coal and doesn√ït plan to retire its coal plants fully until 2050. It fails our utility and coal filters.

Electrical Utility

Fisker

Pure Play

Fisker is a pure play that makes luxury and high-end EVs.

0.0784%

Flexible Solutions International

Pure Play

Flexible Solutions makes nitrogen conservation products, a climate solution, but also produces products for the oil and gas industries. It doesn't give a revenue breakdown, so we exclude it for lack of sufficient information.

0.0030%

Nutrient Management

Fluence Energy Inc

Pure Play

Fluence is a pure play that provide energy storage products & services, and AI-enabled digital applications for renewables and storage.

0.5424%

Flux Power Holdings

Pure Play

Flux makes battery management systems and rechargeable lithium-ion energy storage systems for electric forklifts, airport ground support equipment, and other industrial motive applications.

0.0087%

Ford Motor

Failed Revenue Filter

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

Electric Cars

Fortis

Failed Utility Filter

Fortis is an electric utility that makes a vast majority of its power from coal and natural gas. It fails both our utility and coal filters.

Electrical Utility

Franklin Electric

No Drawdown Solution

Franklin Electric makes industrial machinery like water pumping systems, groundwater equipment, submersible motors, etc. But they don√ït make leak detection or water conservation technologies, so they don√ït offer any climate solutions.

Water Distribution

Freeport-McMoRan Inc.

Failed Ethical Filter

While FCX generated over >87% of its revenue from the sale of copper and molybdenum (both needed for the energy transition), it has had credible human rights allegations brought against it for violently suppressing indigenous communities and causing significant environmental pollution (The "Toxic 100 Air Polluters Index" compiled by the Political Economy Research Institute at UMass Amherst ranks FCX as #20). Therefore we exclude it.

Critical Minerals

Freight Technologies Inc

Pure Play

Freight Technologies is a pure play in efficient shipping that produced the FR8App. The FR8App is a B2B marketplace to make cross-border freight efficient and transparent, thus reduces the carbon footprint from shipping by optimizing empty miles.

0.0002%

Efficient Shipping

FREYR Battery

Pure Play

FREYR Battery is working to develop the most cost-competitive batteries with the lowest carbon footprints. It has not generated any reveue as of July 2022

0.0334%

FTC Solar

Pure Play

FTC Solar sells solar tracking systems that identifies the best positioning for a solar array to increase energy production.

0.0111%

FuelCell Energy

Lacked Sufficient Information

FuelCell Energy makes hydrogen fuel cells. But it√ïs also developing carbon capture services but not storage, which we consider fossil fuel revenue. We exclude it for lack of sufficient information about the breakdown between these two revenue sources.

Carbon Management

Fusion Fuel Green

Pure Play

Fusion Fuel Green makes green hydrogen an important climate solution

0.0021%

FutureFuel

Passed Revenue Filter

Future Fuels makes 79% of revenue from biofuels made mostly from cooking oils, other plant oils and animal fats. FF predominantly offers "Advnaced Biofuels" and thus pass our biofuel filters.

0.0340%

Biofuels

Gatos Silver, Inc.

Failed Mining Filter

GATO operates numerous underground mines in Mexico generating a majority of its revenue from: silver, lead, and zinc, all critical minerals for the energy transition.

Generac Holdings

Lacked Sufficient Information

Generac makes power generation equipment and energy storage systems. It seems that most of its generators are fueled by fossil fuels. Since they don't give a breakdown of fossil fuel vs. clean products, we exclude them for lack of sufficient information.

Energy Storage

General Electric

Failed Defense Filter

General Electric derives a small portion of revenue from wind energy. But a larger portion of revenue comes from oil and gas industries, and they also make jet engines for military aircrafts. It fails both the defense and revenue filters.

Wind Power

General Motors

Failed Revenue Filter

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

Electric Cars

Genie Energy

Failed Utility Filter

Genie Energy is an electric utility. It√ïs not clear what the source of its electric generation is, so we exclude it for lack of sufficient information.

Electrical Utility

Genuine Parts

Failed 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.

Electric Cars

Gevo

Pure Play

Gevo makes renewable fuels. 75% of its revenue came from ethanol and other conventional biofuels. To pass our biofuel filter, a company needs to make most of its revenue from advanced biofuel. Gevo fails this filter.

0.0356%

Methane Capture

GFL Environmental

Passed Landfill Filter

CSW makes 69% of its revenue from products that make heating and cooling systems more efficient.

1.6324%

Gibraltar Industries

Failed Revenue Filter

Gibraltar Industries makes solar racking and electrical balance of systems, but these only account for 32% of its total revenue. It fails our revenue filter.

Solar, PVs

Ginkgo Bioworks Holdings

Failed Plant-Based Diet Filter

Waste Management has methane capture systems at 144 out of 260 landfill in operations. Since it has methane capture systems at more than 50% of its landfill sites, Waste Management passes our landfill filter.

Plant-based diet

GMS Inc.

No Drawdown Solution

GMS sells products for construction, including insulation, lumber, joint compound, fasteners, etc. It fails the revenue filter because the revenue from insulation was only 28.7%.

Insulation

Gogoro Inc.

Pure Play

Gogoro is an EV pure play that makes smart, swappable electric fuel and intelligent light urban vehicles.

0.0805%

Gold Resource Corporation

Failed Mining Filter

Gold Resource Corporation engages in the exploration, development, and production of mining projects in Mexico and the United States. About 73% of its 2021 revenue came from silver, copper, lead and zinc, all minerals the IEA considers essential for the energy transition.

GrafTech International Ltd.

Pure Play

GrafTech is a pure play in arc smelting. It produces graphite electrodes and petroleum needle coke, both necessary components in electric arc furnaces, which is a more energy efficient way of making steel compared to blast furnaces.

0.0719%

Arc Smelting

Graham

Failed Defense & Revenue Filter

Graham is an industrial machinery company. 52% of its revenue came from the defense industry, and 44% from the refining, chemical and petrochemical markets. It therefore fails our defense and revenue filters.

Heat Pumps

Granite Construction

No Drawdown Solution

Granite Construction is an infrastructure company. It doesn√ït make any water leak detection or water conservation technology, leaving it without a climate solution.

Water Distribution

Green Plains

Failed Biofuel Filter

Green Plains is one of the largest manufacturers of ethanol from corn. It fails our biofuel filter, which requires that advanced biofuels make up more than 50% of a company's biofuel production.

Biofuels

GreenLight Biosciences Holdings

Delisted

GreenLight obtains RNA from yeast to develop products that enhances plant health and replace pesticides. This contributes to the Climate Solution of reducing food waste.

GreenPower Motor

Delisted

GreenPower is a pure play that makes EVs for passenger, student, and cargo transportation.

Hannon Armstrong Sustainable Infrastructure Capital

Pure Play

Hannon Armstrong is an yieldco that's purely focused on generating clean electricity. 100% of the electricity it generates comes from renewables.

0.3924%

Hawaiian Electric Industries

Failed Utility Filter

Hawaiian Electric is an electric utility that produce ~99% of its power from fossil fuels. It fails our utility filter.

Electrical Utility

Heliogen, Inc.

Pure Play

Heliogen is an electric utility that's purely focused on generating electricity. 100% of the electricity it generates comes from renewables.

0.0015%

Solar, Concentrated

Helios Technologies

No Drawdown Solution

Helios Technologies makes a variety of hydraulic products but not leak detection or water conservation technologies.

Water Distribution

Honda Motor

Lacked Sufficient Information

Honda makes some EVs (in Europe) but its EV manufacturing is still in early stages. No precise revenue breakdown is given but it√ïs clear that most of its revenue comes from internal combustion vehicles.

Hybrid Cars

Honeywell International

Failed Defense Filter

Honeywell is a technology company with an aerospace segment, which we categorize as fossil fuel revenue. It also sells products to the defense industry. It fails our revenue and defense filters.

Smart Thermostat

Huaneng Power International

Failed Utility Filter

Huaneng Power is an electric utility in China with a slew of coal-fired power plants with no plans to retire them. It fails our utility and coal filters.

Electrical Utility

Hubbell

Lacked Sufficient Information

Hubbel sells solutions that enhance grid expansion/flexibility and EV charging, which are climate solutions, but it also has customers in the gas industry. We exclude it for lacking sufficient information.

Grid Expansion

Hudson Technologies

Pure Play

Hudson makes various refrigerant management solutions an important climate solution.

0.0785%

Hycroft Mining Holding Corporation

Failed Mining Filter

Hycroft Mining together with its subsidiaries, operates as a gold and silver development company in the United States. As of December 31, 2022. About 90.1% of its 2021 revenue came from gold sales, so it fails the 50% revenue filter.

Critical Minerals

Hyliion Holdings

Pure Play

Hyliion makes electrified and hybrid powertrain solutions. Its solutions contribute to the climate solutions of hybrid and electric vehicles.

0.0190%

Electric Cars

Hyzon Motors Inc.

Pure Play

Hyzon is a pure play that makes and services hydrogen fuel cell electric vehicles.

0.0280%

IAA

Acquired

IAA operates a digital marketplace that connects buyers and sellers of total loss, damaged, and low-value vehicles, and car parts. This helps limit automotive waste through recycling.

IBM

Failed Telepresence Filter

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

Telepresence

Ideanomics

Passed Revenue Filter

Ideanomics makes 73% of its revenue from EVs and EV charging infrastructure.

0.0030%

Installed Building Products

IES Holdings

Lacked Sufficient Information

IES services wind and solar energy projects, which promote these climate solutions. But it also services refineries. It√ïs not clear which makes up a bigger portion of its revenue, so we exclude it for lacking sufficient information.

Wind Power

Infrastructure and Energy Alternatives

Acquired

IEA makes 65% of its revenue from infrastructure services for the wind and solar industries but it was acquired in October 2022.

Wind Power

Ingredion INC

Failed Plant-Based Diet Filter

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.

Plant-based diet

Passed Revenue Filter

Installed Building Products sells and installs insulation for residential and commercial builders, an important climate solution to make buildings more energy efficient.

0.6640%

ioneer Ltd

Passed Mining Filter

IONR is a pure-play lithium mining company based in Nevada that has offtakes contracts in place with several major electric vehicle and battery manufacturers.

0.0276%

IperionX Limited

Lacked Sufficient Information

IPX operates an open-pit mine in Tennessee. 100% of its revenue comes from the sale of titanium, a critical mineral for the energy transition according to the IEA.

iSun

Passed Revenue Filter

iSun makes 82% of revenue from selling solar engineering, procurement and construction services, and solar, storage and EV infrastructure.

0.0018%

Itron

Passed Revenue Filter

Itron makes 61% of its revenue from devices that measure and control water, smart meters and leak detection products, all climate solutions.

0.4392%

JanOne Inc.

Passed Revenue Filter

JanOne is a appliance recycling company that recycles all major household appliances. JanOne recently started focusing on biopharmaceuticals, in particular alternative to opiods, however all of its revenue is from recycling thus passing our revenue filters.

0.0004%

JinkoSolar

Pure Play

Jinko sells solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots, and constructs solar projects.

0.2436%

Jiuzi Holdings

Pure Play

Jiuzi is a pure play that makes EVs in China.

0.0005%

Joby Aviation, Inc.

Pure Play

Joby is a pure play in electric aviation that√ïs making an all-electric aircraft that can carry a pilot and 4 passengers, replacing the need for fossil fuel powered short haul flights.

0.5920%

Johnson Controls International

Passed Revenue Filter

Johnson Controls makes HVAC solutions including high-efficiency heat pumps, and build net-zero building systems. These products and services account for 72% of its revenue.

5.0000%

Kaltura

Pure Play

Kaltura offers video products that are heavily used in distance learning for virtual classrooms, thus reducing the need for students to physically travel to and from class.

0.0353%

Kandi Technologies Group

Passed Revenue Filter

Kandi made 61% of its revenue from EV parts and electric scooters.

0.0313%

Karat Packaging

Lacked Sufficient Information

Karat Packaging makes packaging with both traditional and bioplastics. It√ïs not clear which makes up a bigger portion of its revenue, so we exclude it for lacking sufficient information.

Bioplastics

Kenon Holdings

Failed Utility Filter

Kenon is an electric utility that produces most of its power from gas and oil. It fails our utility filter.

Electrical Utility

Korea Electric Power

Failed Utility Filter

Korea Electric Power is the largest power producer in Korea with large nuclear and hydro plants, but coal is its largest source of generation. It fails our utility and coal filters.

Electrical Utility

KULR Technology Group

Pure Play

KULR is a pure play that makes thermal management technologies used in lithium-ion batteries to ensure that the batteries stay within safe operating temperatures.

0.0031%

Laird Superfood

Pure Play

Laird sells plant-based foods like hydrate coconut water and renew plant-based proteins.

0.0011%

Lear

Failed 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.

Hybrid Cars

Lennox International

Passed Revenue Filter

Lennox sells HVAC systems including high-efficiency heat pumps.

2.0334%

Li Auto

Pure Play

Li Auto builds electric SUVs and luxury vehicles in China.

4.7786%

Li-Cycle Holdings Corp

Pure Play

Li-Cycle is a pure play in recycling that recycles lithium-ion batteries.

0.0133%

Lightbridge Corporation

Pure Play

Lighbridge focuses on the development of metallic nuclear fuels, which are safer and more economical, while effectively reducing carbon emissions.

0.0053%

Lightning eMotors

Delisted

Lightning eMotors makes electric medium- and heavy-duty vehicles like delivery trucks and shuttle buses, as well as EV charging stations.

Limbach Holdings

Lacked Sufficient Information

Limbach provides a number of climate solutions, including energy audits and building retrofits, but they don√ït provide a revenue breakdown. We exclude them for lack of sufficient information.

Net-zero building

Limoneira

Failed Revenue Filter

Limoneira grows a number of crops, including avocados, a perennial staple crop that√ïs a climate solution. But since avocados only account for 4% of its total revenue, it fails our revenue filter.

Perennial Staple Crops

Lindsay

Lacked Sufficient Information

Lindsay sells irrigation systems, remote monitoring and automation technology that reduce water and energy consumption. But because a clear revenue breakdown between these solutions isn√ït given, we exclude it for lacking sufficient information.

Efficient Irrigation

Lithium Americas Corp

Passed Mining Filter

LAC is a pure-play lithium mining company focused on extracting and refining battery-grade lithium.

0.1320%

Littelfuse

Lacked Sufficient Information

Littelfuse is an industrial technology company offering several climate solutions. But it also serves several fossil fuel industries. It√ïs not clear which makes up a bigger portion of its revenue.

Energy Storage

Livent

Pure Play

Livent is a pure play that sells lithium compounds, primarily used in lithium batteries.

0.4133%

LKQ

Pure Play

LKQ scraps totaled cars and sells the reclaimed replacement parts, helping reduce automotive waste.

1.6350%

Loop Industries

Pure Play

Loop converts waste plastics into virgin quality plastic.

0.0230%

Lordstown Motors

Failed Fraud Filter

Lordstown Motors build electric full-size pickup trucks for fleet customers. But they√ïre currently under investigation for alleged securities fraud. It fails our fraud filter.

Electric Cars

LSI Industries

Passed Revenue Filter

LSI makes 67% of its revenue from LEDs for lighting used in parking garages and restaurants.

0.0521%

Lucid Group, Inc.

Pure Play

Lucid is a pure play that makes electric cars and battery systems.

1.2323%

Maxeon Solar Technologies

Magnachip Semiconductor

Failed Revenue Filter

Magnachip makes LEDs for a variety of applications, including e-bikes, solar PV converters, and lighting. But these applications seems to make up a minority of its total revenue, so it fails our revenue filter.

LED

MasTec

Failed Revenue Filter

MasTech promotes wind and solar energy as well as grid flexibility. But since these climate solutions make up less than 50% of total revenue, it fails our revenue filter.

Grid Expansion

Pure Play

Maxeon sells solar panels and other related components.

0.0484%

MDU Resources Group

Failed Utility Filter

MDU produces 72.7% of its power from fossil fuels (coal, gas and diesel) and 27.3% from renewables (wind and heat recovery). They retired 3 coal-fired units in February 2019, but have no plans to retire any more coal plants in the future. Thus it fails our Green Utilities filter.

Electrical Utility

Mesabi Trust

Failed Mining Filter

Anderson refines corn into ethanol, which is a Climate solution, but it’s a very small part of its revenue. It fails the revenue filter.

Critical Minerals

MGE Energy

Failed Utility Filter

MGE produces 76.2% of its energy from fossil fuels and 23.8% from renewables (wind and solar), thus failing our defense filter

Electrical Utility

Microvast Holdings Inc

Pure Play

Microvast is a pure play that designs and manufactures EV battery and energy storage with ultra-fast charging capabilities.

0.0567%

Montauk Renewables

Pure Play

Montauk is an electric utility that's purely focused on generating electricity. 100% of the electricity it generates comes from biogas, which is a renewable source.

0.1636%

Montrose Environmental Group

Failed Revenue Filter

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.

Water Distribution

MP Materials Corp.

Passed Mining Filter

MP is mining company focused on rare earth extraction and processing in the Western Hemisphere. Rare earth elements are critical minerals for the energy transition.

0.4513%

Mueller Industries

No Drawdown Solution

Mueller Industries produces a broad range of copper, brass, aluminum and plastic products. These include a variety of water tubes for plumbing applications. But they don't produce any leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.

Water Distribution

Mueller Water Products

Failed Revenue Filter

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

Water Distribution

Mullen Automotive, Inc.

Pure Play

Mullen is a pure play EVs manufacturer with both personal and comercial products in development.

0.0075%

MYR Group

Passed Revenue Filter

MYRG offers a wide range of products to the electric utility industry, but it doesn√ït give a precise breakdown between these products. We exclude it for lacking sufficient information.

0.3090%

Grid Expansion

National Grid

Lacked Sufficient Information

NGG is a utility that owns electric transmission facilities and gas pipelines in the UK and the US. It√ïs not clear which makes up a bigger portion of its revenue, and we also don√ït know how it generates its electricity.

Electrical Utility

Natural Order Acquisition Corp COM

Lacked Sufficient Information

NOAC is a SPAC that targets private emerging companies in the plant-based food space. We do not invest in SPACs pre-reverse merger.

Plant-based diet

Newmont Corporation

Failed Mining Filter

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. 86% of its 2021 revenue came from gold sales, it therefore fail the 50% revenue filter.

Critical Minerals

NexGen Energy

Passed Revenue Filter

NexGen explores and develops uranium projects in Canada.

0.4674%

NextEra Energy Partners, LP

NextEra Energy

Failed Utility Filter

NextEra Energy is an electric utility. The fail our Green Utilities filter because only 22%-23% of the electricity they transmit on its power lines comes from clean sources (must be >50%).

Electrical Utility

Pure Play

NextEra Energy Partners is an yieldco that generates 73% of its total revenue from electricity generation. 90% of the electricity it generates comes from renewable sources.

0.3633%

Nikola

Pure Play

Nikola is an electric car pure play that makes electric and hydrogen fuel cell heavy-duty commercial vehicles as well as clean energy solutions.

0.1295%

NIO

Pure Play

NIIO builds electric SUVs and sedans in China with a subscription service for swappable batteries instead of conventional charching.

1.8212%

NiSource

Failed Utility Filter

NiSource is an electric utility that generates 82% of its power from fossil fuels, including coal which they plan to replace with renewables by 2028. It√ïs also building large-scale renewable power projects, so we will consider it for inclusion in the future.

Electrical Utility

Niu Technologies

Pure Play

Niu is a pure play that makes electric scooters. It has over 800,000 active riders.

0.0216%

NorthWestern

Failed Utility Filter

Northwestern is an electric utility that produces 46% of its power from renewables and the rest from fossil fuels including coal. It fails our utility and coal filters.

Electrical Utility

NRG Energy

Failed Utility Filter

NRG is an electric utility that generates 92% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Electrical Utility

Nucor Corporation

Passed Revenue Filter

Nucor is a steel maker that uses scrap steel as primary raw material, and it produces steel using the more efficient electric arc furnaces. 92.9% of its revenue comes from these solutions.

5.0000%

NuScale Power Corporation

Pure Play

NuScale is a nuclear pure play that builds and sells light water small modular reactor that range from 77MW to 924MW.

0.0973%

Nuvve Holding

Pure Play

Nuuve sells vehicle-to-grid technology that allows EV owners to store and resell energy to the grid.

0.0007%

NV5 Global

Lacked Sufficient Information

NV5 is an engineering and construction company that helps clients achieve net-zero emissions in its buildings. But it also works with many oil and gas companies. It√ïs not clear which of these accounts for more revenue.

Water Distribution

nVent Electric

Lacked Sufficient Information

nVent is an electrical equipment company that sells military aerospace systems, battlefield networks and shipboard targeting systems, and combat aircrafts to the defense industry. It fails our defense filter.

Grid Expansion

Nvidia

No Drawdown Solution

Nvidia sells graphics processing units, application programming interface for data science and high-performance computing. Since they are not a telepresence pure play, they are excluded.

Telepresence

NXP Semiconductors

No Drawdown Solution

NXP sells technology solutions to the automotive, industrial, Internet of Things, mobile, and communications infrastructure markets. But they don√ït offer any climate solutions.

Telepresence

O2Micro International Limited

Lacked Sufficient Information

O2Micro sells integrated circuits with many applications. But its primary application seems to be in displays, which aren√ït climate solutions. Since it doesn√ït give sufficient information about the breakdown between these applications, it√ïs excluded.

LED

Oatly Group

Pure Play

Oatly sells plant-based dairy products made from oats.

0.0895%

Oblong, Inc.

Pure Play

Oblong sells products that enable dynamic and immersive visual collaboration across multiple users, screens, devices and locations, enabling individuals to collaborate without needing to physically travel.

0.0004%

Orbital Infrastructure Group Inc

Ocean Power Technologies

Lacked Sufficient Information

Ocean Power uses ocean power to generate electricity, a climate solution. But it sells this technology to offshore oil and gas companies as an alternative to diesel generators. It√ïs not clear which end-market generates more revenue for Ocean Power.

Ocean Power

OGE Energy

Failed Utility Filter

OGE is an electric utility that generates 93% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Electrical Utility

ON Semiconductor

Lacked Sufficient Information

ON makes semiconductors for many industries, including EV charging infrastructure. But we exclude them because they don√ït provide a revenue breakdown for each of its end-markets.

Electric Cars

Oracle

Failed Telepresence Filter

Oracle provices products and services that address enterprise information technology environments. Since they√ïre not a telepresence pure play, it fails the telepresence filter.

Telepresence

Delisted

Orbital made 66.5% of its revenue from engineering, procurement, and construction services for utility-scale solar and maintenance of electric power transmission and distribution infrastructure.

Origin Materials, Inc.

Pure Play

Origin Materials is a bioplastics pure play that converts sustainable feedstocks into plastics that can replace petroleum-based plastics.

0.0154%

Orion Energy Systems

Pure Play

Orion Energy is an LED lighting pure play and also works on retrofit projects.

0.0036%

Perma-Fix Environmental Services

Ormat Technologies

Pure Play

Ormat produces geothermal energy systems that enable utilities to generate electricity using the heat from the earth.

0.5848%

Geothermal

Otter Tail

Failed Utility Filter

Otter Tail is an electric utility that generates 72% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Electrical Utility

Owens Corning

Passed Revenue Filter

Owens Corning makes building and construction materials. It make insulation, but this accounts for only 27% of its revenue, so it fails our revenue filter.

1.6843%

Insulation

Pampa Energía

Failed Utility Filter

Pampa is an electric utility that generates 78% of its power from fossil fuels. It fails our utility filter.

Electrical Utility

Paramount Gold Nevada Corp.

Failed Mining Filter

Paramount Gold Nevada Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of precious metal properties in the United States. The company primarily explores for gold and silver ores. It holds principal interest in the Sleeper gold project with 2,322 unpatented mining claims totaling approximately 38,300 acres located in Humbolt County, Nevada. The company also holds 100% interest in the Grassy Mountain gold project with 442 federal mining claims and 3 patented lode claims covering approximately 9,300 acres located in Malheur County, Oregon. Paramount Gold Nevada Corp. was founded in 1992 and is headquartered in Winnemucca, Nevada.

Critical Minerals

Pentair

Lacked Sufficient Information

Pentair sells products designed to help customers conserve water, which is a climate solution, but also sells products built specifically for the fossil fuel industry. It's unclear which it makes more revenue from, so we exclude them for lacking sufficient information.

Water Distribution

Pure Play

Perma-Fix promotes nuclear power through the treatment of nuclear waste and technical services like radiological measurement.

0.0137%

Perma-Pipe International Holdings

Failed Revenue Filter

Perma-Pipe makes water leak detection systems, but its application seems to be mostly in oil and gas pipelines, hazardous fluid and chemicals. A revenue breakdown between these application isn√ït given.

Water Distribution

PG&E

Failed Utility Filter

While 93% of the electricity PCG transmits is clean, only 45% of the energy the generate is clean, and 25% of its revenu comes from the sale of natural gas.

Electrical Utility

PGT Innovations

Passed Revenue Filter

PGT sells aluminum frames, energy efficient glass, and other window related products that enhance building insulation.

0.2967%

Pineapple Energy Inc.

Pure Play

Pineapple Energy is a solar energy and energy storage pure play. Through consultation, home visits, design review, permitting, installation, inspection, and grid connection, Pineapple Energy helps households go solar.

0.0008%

Pinnacle West Capital

Failed Utility Filter

Pinnacle is an electric utility that generates 78% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Electrical Utility

Planet Green Holdings

Failed Biofuel Filter

Planet Green makes ethanol, tea, chemicals and other products. It fails our biofuel filter, which requires that advanced biofuels make up more than 50% of a company√ïs biofuel production.

Biofuels

Plug Power

Pure Play

Plug Power makes hydrogen fuel cell solutions through hydrogen fueling systems, proton exchange membrane technologies, and more.

0.3484%

PNM Resources

Failed Utility Filter

PNM is an electric utility that generates 56.4% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Electrical Utility

Polar Power

Lacked Sufficient Information

Polar Power makes DC power systems that promote the climate solution of grid flexibility. But diesel, gas, and propane seem to be its predominant formats. A revenue breakdown is not present, so we exclude it for lacking sufficient information.

Grid Expansion

Portland General Electric

Failed Utility Filter

Portland GE is an electric utility that generates 62% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Electrical Utility

Power Integrations

Failed Revenue Filter

Power Integration sells integrated circuits and other electronic circuitry. Applications include LED lighting, but this is a small part of its revenue. It fails our revenue filter.

LED

PPL

Failed Utility Filter

PPL is an electric utility that generates ~99% of its power from fossil fuels, including coal. It fails our utility and coal filter.

Electrical Utility

Preformed Line Products

Passed Revenue Filter

Preformed Line Products makes 66% of its revenue from improving grid flexibility by maintenance of energy networks.

0.0837%

Proterra

Delisted

Proterra makes EVs, including electric buses used in mass transit.

Public Service Enterprise Group

Failed Utility Filter

PSEG is a utility that generates ~64% of its power from fossil fuels. It fails our utility filter.

Electrical Utility

PureCycle Technologies

Pure Play

PureCycle converts waste plastics into virgin quality plastic.

0.0849%

PyroGenesis Canada

Passed Revenue Filter

Pyrogenesis makes 60& of its revenue from plasma torches (for use in making batteries) and waste-to-energy operations.

0.0086%

Quanex Building Products Corporation

QualTek Services Inc.

Failed Revenue Filter

QualTeck has a renewables infrastructure business, but this only accounts for 5% of its revenue, hence failing the revenue filter.

Grid Expansion

Passed Revenue Filter

Quanex makes components for windows and doors to enhance its temperature insulation, as well as a sealant for solar panels to keep moisture out of PV cells. These solutions account for more than 70% of its revenue.

0.1290%

Quanta Services

Passed Revenue Filter

Quanta Services gets 69% of its revenue from improving grid flexibility by maintaining electric power transmission, distribution infrastructure, and substation facilities.

4.0084%

QuantumScape

Pure Play

QuantumScape is a pure play in solid-state lithium-metal batteries, some of which are used in EVs.

0.4350%

Quest Resource

Pure Play

Quest is a recycling pure play that recycles a variety of items, like scrap tires, metal and glass.

0.0188%

Renew Energy Global PLC

Pure Play

ReNew Power is a clean energy pure play that owns utility-scale wind, solar and hydropower assets totaling over 12GW of generating capacity.

0.3653%

Republic Services

Failed Revenue Filter

Republic makes part of its revenue from recycling, a climate solution. But because this accounts for only 3.7% of its total revenue, so it fails our recycling filter.

Recycling

Research Frontiers

Pure Play

Research Frontiers makes suspended particle device light control technology that undergirds dynamic glass technology, which helps enhance energy efficiency in buildings.

0.0043%

ReTo Eco-Solutions

Passed Revenue Filter

ReTo Eco-Solutions makes environmentally friendly construction materials using less carbon-intensive alternative materials.

0.0016%

Alternative Cement

REX American Resources

Failed Biofuel Filter

REX American Resources is one of the leading producers of corn-based ethanol and corn oil. It fails our biofuel filter, which requires that advanced biofuels make up more than 50% of a company√ïs biofuel production.

Biofuels

Rexnord

No Drawdown Solution

Rexnord makes motors for water pumps for pools, spas, irrigation and dewatering. It doesn√ït produce leak detection or water conservation technologies, so it fails our water distribution efficiency filter.

Water Distribution

Rivian Automotive, Inc.

Pure Play

Rivian is a pure play that makes electric pickup trucks, SUVs, and EV charging solutions.

2.8433%

Romeo Power

Acquired

Romeo makes 65% of its revenue from lithium-ion battery modules for commercial EVs and was acquired by NKLA in 2022

Energy Storage

Roper Technologies

No Drawdown Solution

Roper Technologies makes software and measurement & analytical services for water meters that enable water utilities to remotely monitor customer water-use. But it doesn√ït make leak detection or water conservation solutions.

Water Distribution

Save Foods

Pure Play

Save Foods sells post-harvest food acid and oxidizer blends that extend the shelf life of food, preventing food waste.

0.0007%

SemiLEDs

Pure Play

SemiLEDs sells LED chips, components and modules which are used for general lighting.

0.0009%

Sempra Energy

Failed Utility Filter

Sempra Energy is an energy utility. Only 29.5% of its electricity generation is clean, and 57.6% of its total revenue comes from gas distribution. We therefore exclude them from the Climate Index.

Electrical Utility

SES AI Corporation

Pure Play

SES is an energy storage pure play that builds high-performance lithium-ion batteries and EVs and other applications.

0.0823%

Shoals Technologies Group

Pure Play

Shoals sells electrical balance of system solutions for solar energy projects.

0.3379%

SolarEdge Technologies

Pure Play

SolarEdge sells DC inverter systems for solar PVs, EV charging solutions, lithium-ion cells and batteries, and power supply solutions.

0.6798%

Solid Power, Inc.

Pure Play

Solid Power is a pure play in energy storage that is developing all-solid-state battery cell technology that replaces the liquid or gel polymer electrolyte in conventional lithium-ion battery cells with a sulfide-based solid electrolyte

0.0331%

Solitario Zinc Corp.

Lacked Sufficient Information

XPL is a mineral exploration company. While it does explore for some critical minerals, its main focus is gold which is not a mineral critical to the energy transition.

Critical Minerals

Sono Group N.V.

Delisted

Sono is an EV pure play that builds EVs with integrated solar PV.

Southern Copper Corp

Passed Mining Filter

96% of SCCO's revenue comes from the extraction and sale of the critical minerals: copper, molybdenum, and zinc.

5.0000%

SPI Energy

Pure Play

SPI Energy builts solar projects for power producers, owns its own solar projects, and makes EVs and EV charging infrastructure.

0.0032%

SPRU (XL Fleet)

Pure Play

Spruce Power sells solar charging of cars a service, as well as battery packs and other key components to clean electrification.

0.0103%

Steakholder Foods Ltd (MITC MeaTech 3D)

Pure Play

Meatech 3D develops cultured meat products without animal slaughtering.

0.0019%

Steel Dynamics, Inc.

Passed Revenue Filter

Steel Dynamics is a steel producer and metal recycler. It produces steel using scrap metal and electric arc furnace technology, which is much more energy efficient than blast furnace.

2.4432%

Sunnova Energy International

Steel Partners Holdings

Lacked Sufficient Information

Steel partners makes specialty LED lighting, which is a climate solution, but it also makes steel tubing services to oil and gas companies. It doesn√ït provide sufficient information about the revenue breakdown between these end-markets.

LED

Stellantis N.V.

Lacked Sufficient Information

Stellantis produces some EVs, but they don√ït provide a revenue breakdown between its EV and internal combustion vehicle offerings. We exclude them because they lack sufficient information.

Electric Cars

Stem

Pure Play

Stem helps buildings to switch from onsite, to stored, to grid electricity with its AI-powered platform.

0.0773%

SmartGrid

Sterling Construction

No Drawdown Solution

Sterling Construction offers infrastructure & rehabilitation projects for highways, roads, bridges, ports, and other systems. But it doesn√ït makes any leak detection or water conservation technologies.

Water Distribution

Pure Play

Sunnova is a leading residential solar PV company in the US

0.2387%

SunOpta

Pure Play

SunOpta sells plant-based foods and beverages from almond, soy, coconut, oat, or hemp.

0.0809%

SunPower

Pure Play

SunPower sells electricity generated from solar, solar energy solutions and inverters.

0.1083%

Sunrun

Pure Play

Sunrun sells solar energy systems like panels, and energy storage systems, primarily to residential customers.

0.5468%

Sunworks

Pure Play

Sunworks sells solar PV systems for power production for residential, commercial, and industrial customers.

0.0017%

Swvl Holdings Corp.

Pure Play

Swvl is a mass transit pure play that allow for semi-flexible minibus routes as a ride-sharing option. Swvl is a more flexible alternative to large-scale mass transit and a lower-emissions alternative to cab hailing apps like Uber and Lyft.

0.0015%

Mass Transit

Tata Motors

Failed Revenue Filter

Tata Motors makes some EVs, but these only account for about 23% of its total revenue. It fails our revenue filter.

Electric Cars

Teck Resources Ltd Class B

Failed Mining Filter

Despite making a good portion of its revenue from copper and zinc (both critical minerals), Teck owns multiple fossil fuel extraction sites including a tar sands site in Canada. Therefore we exclude it.

Critical Minerals

Tecnoglass

Passed Revenue Filter

Tecnoglass sells high-performance windows.

0.2786%

Tesla

Pure Play

Tesla makes EVs, solar energy generation, and energy storage products.

5.0000%

Tetra Tech

Lacked Sufficient Information

Tetra Tech helps clients achieve net-zero emissions in its buildings. But it also works with many oil and gas companies and does a significant amount of work for militaries. It doesn√ït give a precise revenue breakdown.

Water Distribution

The AES

Failed Utility Filter

AES is an electric utility that produces 57% of its power from fossil fuels (including coal) and the rest from renewables. It fails our utility and coal filters.

Electrical Utility

The Hain Celestial Group

Passed Revenue Filter

Hain sells a variety of plant-based snack products like tortilla chips, whole grain chips, and pita chips, plant-based beverages, plant-based meat-alternative products.

0.1256%

The Lion Electric

Pure Play

Lion Electric sells all-electric medium and heavy-duty urban vehicles like trucks and buses to electrify mass transportation.

0.0512%

TMC the metals company Inc.

The Southern

Failed Utility Filter

The Southern is an electrical utility that generates 72% of its power from fossil fuels. It fails our utility filter.

Electrical Utility

Passed Mining Filter

Deep Sea Ocean mining is still in its research phase. It has the promise of being significantly less environmentally impactful than land-based mining for critical minerals as it's largely picking up large, metal-rich rocks from the bottom surface of the ocean. Credible concerns have been raised about TMC and other deep sea mining efforts from groups like Greenpeace. Without a for-profit motive, we do not believe there will be adequate funding to properly vet the full environmental impact of deep sea ocean mining. Given its potential to be significantly less impactful than land-based operations, we decided to include TMC and other Deep Sea Mining companies until the full environmental reviews have been completed.

0.0431%

TopBuild

Passed Revenue Filter

TopBuild sells insulation products for buidlings

1.5203%

Toyota Motor

Failed Revenue Filter

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

Hybrid Cars

TPI Composites

Passed Revenue Filter

TPI makes 96% of its revenue from composite wind blades, related precision molding and assembly systems

0.0225%

Trane Technologies

Lacked Sufficient Information

Trane sells HVAC products, including high-efficiency heat pumps, which are a climate solution. But they don√ït give a revenue breakdown by product. They√ïre excluded from the Index for lack of sufficient information.

Heat Pumps

TransAlta

Failed Utility Filter

TransAlta is an electric utility that generates 41.7% of its power from gas and 38.3% from renewables. It fails our utility filter.

Electrical Utility

Tronox Holdings PLC

Failed Mining Filter

Tronox produces titanium dioxide, a pigment for making products white, not a critical mineral.

Critical Minerals

Tutor Perini

Failed Defense Filter

Tutor Perini is a construction company. It builds military defense facilities so it fails our defense filter.

Mass Transit

U.S. Gold Corp.

Failed Mining Filter

U.S. Gold Corp. operates as a gold and precious metals exploration company. It explores for gold, copper, silver, and zinc deposits. The company holds interest in the CK Gold project located in the Silver Crown mining district of southeast Wyoming. It also holds interests in the Keystone and Maggie Creek exploration properties located on the Cortez and Carlin Trends in Eureka County, Nevada; and the Challis Gold project located in Idaho. The company is based in Elko, Nevada. U.S. Gold Corp. was a former subsidiary of Copper King, LLC.

Critical Minerals

Ultralife

Not Pure Play

Ultralife makes a majority of its revenue from EVs and energy storage. But it fails our defense filter because it sells batteries specifically designed for military combat and communications.

0.0142%

Electric Cars

Unitil

Lacked Sufficient Information

Until makes roughly equal amount of revenue from electric and gas distribution. But it√ïs not clear how much of its electricity purchase is in the form of renewable energy certificates. We exclude it for lacking sufficient information.

Electrical Utility

Ur-Energy

Pure Play

Ur-Energy explores uranium mineral properties in 12 projects in the US.

0.0524%

Uranium Energy

Passed Revenue Filter

Uranium Energy extracts and processes uranium.

0.3215%

US Ecology

Failed Landfill Filter

US Ecology owns or leases several landfill sites that don√ït have landfill gas recovery facilities. It therefore fails our landfill filter.

Industrial Recycling

Valmont Industries

Passed Revenue Filter

Valmont makes irrigation efficiency and grid flexibility solutions, both of which are climate solutions.

0.6237%

Efficient Irrigation

Veeco Instruments

Lacked Sufficient Information

Veeco makes semiconductors and thin film process equipment, with applications in solar PVs and LEDs. But since they don√ït provide a revenue breakdown, we exclude them for lack of sufficient information.

Solar, PVs

Vertiv Holdings

Lacked Sufficient Information

Vertiv helps improve grid flexibility, but it has customers in the oil and gas industry. It√ïs not clear how much revenue they get from these customers.

Grid Expansion

Via Renewables

Failed Utility Filter

Via Renewables is a retail distributor of electricity and gas. But it doesn√ït give information about the sources of the electricity it purchases. We exclude it for lacking sufficient information.

Electrical Utility

Vicor

Failed Defense Filter

Vicor sells defense electronics used in airborne, seaborne, or field communications and radar, which fails our defense filter.

Grid Expansion

View

Pure Play

View is a pure play that makes dynamic glass that√ïs cloud-connected, automated, and allows for settings control through smart devices to adjust for heat, lighting and more.

0.0019%

Village Farms International

Failed Revenue Filter

Village Farms operates a methane digester power plant and sells the electricity it generates. But since this accounts for less than 1% of its total revenue, it fails our revenue filter.

Methane Capture

Vistra

Failed Utility Filter

Vista is an electric utility that generates ~93% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Electrical Utility

Vita Coco Co Inc

Failed 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.

Plant-based diet

Vivint Smart Home

Lacked Sufficient Information

Vivint sells cloud-enabled smart home operating systems that enable homeowners to run its HVAC and other systems with less energy. But it doesn√ït give a revenue breakdown between its products.

Building Automation

VivoPower International

Passed Revenue Filter

Vivo Power provides EVs, critical power services, battery and microgrid technology and solar power. These products and services account for nearly 100% of its revenue.

0.0007%

Volcon

Pure Play

Volcon is an electric car pure play that builds electric motorcycles, off-road powersports vehicles, and utility terrain vehicles.

0.0002%

Volta Inc

Pure Play

Volta Charging is an EV infrastructure pure play. Its charging stations are compatible with all major plug-in hybrid and battery EV types in the US.

Wallbox NV

Pure Play

Wallbox is an EV infrastructure pure play that makes EV charging systems that allow communication between user, vehicle, grid, building and charger.

0.0439%

Waste Connections

Passed Landfill Filter

Azure Power is an electric utility that is focused on generating clean electricity. 100% of Azure Power's revenue comes from generating renewable power.

4.9168%

Waste Management

Passed Landfill Filter

Waste Management has methane capture systems at 144 out of 260 landfill in operations. Since it has methane capture systems at more than 50% of these landfill sites, WM passes our landfill filter.

5.0000%

Watts Water Technologies

Passed Revenue Filter

Watts makes 52% of its revenue from residential and commercial leak detection and water quality monitoring products

0.8877%

WEC Energy Group

Failed Utility Filter

WEC is an electric utility that generates 89% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Electrical Utility

WESCO International

Failed Revenue Filter

WESCO sells basic grid upgrade equipment, smart grid products, transformers and distribution hardware, but these products only account for 26.8% of its total revenue. It fails our revenue filter.

SmartGrid

Westinghouse Air Brake Technologies

Failed Revenue Filter

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.

Mass Transit

Westwater Resources

Pure Play

Westwater Resources is a pure play in battery-ready graphite materials, a key component in battery construction.

0.0040%

Whole Earth Brands

No Drawdown Solution

Whole Earth Brands makes plant-based consumer packaged goods, but it also makes flavored products used by the tobacco industry, thus failing the tobacco filter

Plant-based diet

Willdan Group

Passed Revenue Filter

Wildan provides consulting services to help clients achieve its energy efficiency goals, grid optimization, emissions reduction, and building retrofits.

0.0375%

Williams Industrial Services Group

Lacked Sufficient Information

Williams Industrial Services maintains nuclear projects and some renewable projects, but also works on fossil fuels plants. It√ïs not clear which generates more revenue. We exclude it for lacking sufficient information.

Nuclear Power

Workhorse Group

Failed Fraud Filter

Workhorse is an EV manufacturer but is currently under investigation for insider trading. We exclude them because it fails our fraud filter.

Electric Cars

Xcel Energy

Failed Utility Filter

Xcel is an electric utility that generates 51% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Electrical Utility

Xos, Inc.

Pure Play

XOS Truck is an EV pure play that makes electric drivetrains for trucks as well as medium- and heavy-duty electric trucks.

0.0060%

XPeng

Pure Play

XPeng sells EVs, including sedans, for the Chinese market.

1.7429%

Zoom Video Communications

Xylem

Failed Revenue Filter

Xylem makes water leak detection and remote monitoring solutions, but these account for much less than 50% of its total revenue. It fails our revenue filter.

Water Distribution

Yield10 Bioscience, Inc.

Pure Play

Yield10 makes several climate solutions: biofuel feedstock, bioplastics, and perennial staple crops. 100% of its revenue comes from these climate solutions.

0.0004%

Perennial Staple Crops

Pure Play

Zoom offers video, phone, and chat communications technology and services.

2.7987%

Zymergen

Lacked Sufficient Information

Zymergen makes microbes, molecules, and materials. But it doesn√ït make bioplastics. Since it doesn√ït give precise descriptions of products and services, we exclude it for lacking sufficient information.

Bioplastics

8x8, Inc.

0.0590%

8x8, Inc. provides voice, video, chat, contact center, business phones and cloud-based contact center solutions that enable people and businesses to avoid traveling for meetings.

Pure Play

A. O. Smith

Solar, Hot Water

AO Smith sells water heaters, boilers, and water treatment products, but not water leak detection solutions, so they don√ït contribute to any climate solutions.

Lacked Sufficient Information

AAON

0.7673%

AAON sells geothermal/water-source heat pumps a key technology for making buildings electrified and more energy efficient.

Passed Revenue Filter

ABB

ABB makes 65.5% of its revenue from grid flexibility and EV infrastructure by selling substation packages and charging infrastructure.

Delisted

Acuity Brands

0.8085%

Acuity makes LED lights for commercial, architectural, and specialty applications. Acuity also makes building efficiency and building automation products.

Passed Revenue Filter

ADS-TEC Energy PLC

0.0447%

Advent Technologies Holdings

ADS-TEC Energy is an EV infrastructure pure play. ADS-TEC Energy's ChargeBox is a fast charging solution for EVs with up to 320 KW charging power.

Pure Play

0.0021%

Advent sells components that improve the performance of hydrogen fuel cells for the aviation, automotive, and other markets.

Pure Play

Aecom

Fuel Cells

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

Failed Revenue Filter

Aemetis

Biomass

Failed Biofuel Filter

Agrify

LED

Agrify sells LED grow lights amongst other business activities, but don√ït provide a revenue breakdown, thus are excluded for lack of sufficient information.

No Drawdown Solution

AgroFresh Solutions

Agrofresh sells products like packaging solutions that extend the shelf life of food and help decrease food waste.

Delisted

Albemarle Corporation

Critical Minerals

Albemarle makes lithium compounds that promote energy storage. But 55% of its revenue comes from chemical products for the oil and gas industry, so it fails our revenue filter.

Failed Mining Filter

Algoma Steel Group Inc.

Arc Smelting

Failed Revenue Filter

Algonquin Power & Utilities.

Electrical Utility

Failed Utility Filter

Allego N.V.

0.0461%

Allegro is an EV infrastructure pure play that operatse one of the largest pan-European EV public charging networks.

Pure Play

Allegro Microsystems

LED

Failed Revenue Filter

ALLETE

Electrical Utility

Failed Utility Filter

Alliant Energy

Electrical Utility

Alliant is an electric utility company that produce 70% of its power from fossil fuels, including coal. It fails our utility and coal filter.

Failed Utility Filter

Altus Power, Inc.

0.1388%

Altus Power is a clean electricity generation pure play. Because all of its revenue comes from clean electricity, we include it in the Climate Index.

Pure Play

Ameren

Electrical Utility

Ameren is a power utility. It don√ït provide enough information about its sources of power generation. We exclude Ameren for lack of sufficient information.

Failed Utility Filter

Ameresco

0.2115%

Net-zero building

Ameresco makes buildings more energy efficient, builds renewable power plants, sells solar PV products, and owns a wind power project.

Pure Play

American Electric Power

Electrical Utility

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.

Failed Utility Filter

Amtech Systems

LED

Lacked Sufficient Information

Apogee Enterprises

0.1507%

Apogee makes high-performance glass and related products that enhance the energy efficiency of buildings.

Passed Revenue Filter

Aqua Metals

0.0105%

Aqua recycles lead that is primarily used in lead acid batteries, which promotes the circular economy

Pure Play

Archaea Energy Inc

Methane capture

Archea Energy is a pure play in methane capture. They capture landfill gas and convert it into low-carbon renewable natural gas and electricity. It was aquired by BP

Pure Play

Archer Aviation Inc.

0.2361%

Archer Aviation is an electric aviation pure play that is designing an electric aircraft for use in future urban air mobility networks and reduce the need for fossil-fuel powered air transport.

Pure Play

Arcimoto

0.0010%

Arcimoto is known for making 3-wheeled EVs, such as an all-electric rapid response vehicle for emergency services and an EV for last-mile delivery.

Pure Play

Arcosa

Wind Power

Failed Revenue Filter

Argan

Biomass

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.

Failed Revenue Filter

Array Technologies

0.3248%

Array sells solar tracking systems that use machine learning to identify the best positioning for a solar array to increase energy production.

Pure Play

Arrival

0.0027%

Atlantica Sustainable Infrastructure

Arrival is a pure play that builds electric vans and buses.

Pure Play

Aspen Aerogels, Inc.

Insulation

Aspen Aerogels make aerogel materials used in the energy infrastructure, building materials and EV markets. But its main end-markets are fossil fuel plants, thus failing the revenue filter.

Lacked Sufficient Information

Atlantic Power

Electrical Utility

Atlantic produces 70% of its power from fossil fuels, so it fails our utility filter. In 2021, it was acquired by I Squared Capital.

Failed Utility Filter

0.3190%

Stem helps buildings to switch from onsite, to stored, to grid electricity with an AI-powered platform.

Passed Utility Filter

Atlas Technical Consultants

Water Distribution

Failed Revenue Filter

ATRenew Inc.

0.0553%

ATRenew is a platform where pre-owned consumer electronics (mostly mobile phones) are bought and sold. This is a pure play that contributes to the climate solution of recycling.

Pure Play

AudioCodes

0.0480%

AudioCode sells software and productivity solutions for virtual work environments, enabling people to collaborate without the need of physical travel.

Pure Play

Austin Gold Corp.

Critical Minerals

Failed Mining Filter

Avangrid

Electrical Utility

Failed Utility Filter

Avista

Electrical Utility

Avista is an electric utility that produces most of its power from clean sources. But 13% of its power comes from coal with no plans for its retirement in the next 3 years. It fails our coal filter.

Failed Utility Filter

AXT

LED

AXT makes semiconductor substrates used in LEDs, thermal imaging, and autonomous vehicles. They don√ït give a precise revenue breakdown, so we exclude them for lack of sufficient information.

Lacked Sufficient Information

Ayro

0.0011%

Azure Power Global Limited

Ayro is a pure play in EVs for last-mile delivery, which can access tight areas like university paths and business parks.

Pure Play

Azure Power is an electric utility that is focused on generating clean electricity. 100% of its revenue comes from generating renewable power.

Delisted

Babcock & Wilcox Enterprises

Waste To Energy

Failed Revenue Filter

Badger Meter

0.5792%

Badger makes >50% of its revenue from selling water meters that can help water utilities detect leaks, an important climate solution.

Passed Revenue Filter

Ballard Power Systems

0.1413%

Ballard sells proton exchange membrane fuel cells to transit but, rail, and critical infrastructure industries that can enable them to run without carbon emissions

Pure Play

Beacon Roofing Supply

0.7043%

Beacon sells and distributes insulation products, solar paneling, solar inverters and solar panels mounting hardware.

Passed Revenue Filter

Beam Global

0.0129%

Beam Global sells EV charging solutions that use solar power and battery storage to power themselves.

Pure Play

Beyond Meat

0.0734%

Beyond Meat sells various plant-based meat products that reduce the demand for traditional animal-based meat.

Pure Play

Bird Global Inc

Bird is an electric scooter pure play, that sells e-scooters designed for short-term rental to over 400 cities.

Pure Play

Blink Charging

0.0292%

Blink operates a wide network of EV charging stations.

Pure Play

Bloom Energy

Fuel Cells

Bloom Energy√ïs energy servers can operate on both hydrogen and biogas, but most of them use natural gas as its fuel. We consider this fossil fuel revenue.

Failed Revenue Filter

BorgWarner

Electric Cars

BorgWarner makes some solutions for EVs but makes a much larger portion of its revenue from traditional internal combustion vehicles. It fails our revenue filter.

Failed Revenue Filter

Brenmiller Energy Ltd

0.0016%

Electrical Utility

Brenmiller makes heat battery based on natural crushed rocks, but were excluded because it has been on the market for less than 6 months

Pure Play

Broadwind

0.0076%

Broadwind makes 70% of its revenue by selling steel towers and adapters to wind turbine manufacturers.

Passed Revenue Filter

Brookfield Infrastructure Partners L.P.

Electrical Utility

Lacked Sufficient Information

Brookfield Renewable

0.6613%

Brookfield is an yieldco that is focused on generating electricity from renewable energy assets. 100% of its revenue comes from generating renewable power.

Passed Utility Filter

Burcon NutraScience

Plant-based diet

Burcon makes plant-based products like plant proteins and dairy alternatives that reduce demand for animal-based foods.

Delisted

BWX Technologies

Nuclear Power

BWX performs fabrication activities for missile launch tubes for US submarines, which fail our defense filter.

Failed Defense Filter

Cameco

2.3907%

Cameco mines and sells uranium for the purposes of nuclear fuel production.

Pure Play

Canadian Solar

0.2168%

Canadian Solar sells solar ingots, wafers, cells, modules, panels and other solar power products as well as battery storage products.

Pure Play

Canoo

0.0258%

Canoo is a pure play that makes electric delivery and multi-purpose vehicles, including an electric skateboard.

Pure Play

Capstone Green Energy Corporation (Previously CPST)

Methane Capture

Capstone Green Energy sells microgrid solutions, but this accounts for only 1% of its total revenue. The rest is from fossil fuel-based microturbines used in fossil fuel industries.

Failed Revenue Filter

Carlisle Companies

Net-zero building

Failed Defense Filter

Carrier Global

5.0000%

Carrier sells HVAC products including high-efficiency heat pumps, a technology necessary for electrifying and energy retrofitting buildings.

Passed Revenue Filter

Casella Waste Systems

Methane Capture

Failed Landfill Filter

CBAK Energy Technology

0.0120%

Cenntro Electric Group Limited

CBAK is a pure play that makes lithium batteries used in EVs, electric tools, and energy storage applications.

Pure Play

0.0056%

Cenntro Electric is a EV pure play that makes light- and medium-duty electric commercial vehicles.

Pure Play

CenterPoint Energy

Electrical Utility

CenterPoint is an electric utility that produces most of its power from fossil fuels, including coal. It fails our utility and coal filters.

Failed Utility Filter

Centrais Elétricas Brasileiras - Eletrobrás

Electrical Utility

Failed Utility Filter

Central Puerto

Electrical Utility

Central Puerto produces 61.5% of its power from fossil fuels (gas) and the rest from renewables (hydro and wind). It, therefore don√ït pass our utility filter.

Failed Utility Filter

Centrus Energy

0.1080%

Centrus sells various components of nuclear fuel and provides technical services to deploy advanced nuclear fuel production capabilities.

Pure Play

ChargePoint Holdings

0.1251%

ChargePoint sells EV charging solutions like smart charging stations, which can be used by fleets or individual owners.

Pure Play

China Recycling Energy

Waste to Energy

Failed Revenue Filter

China XD Plastics

Bioplastics

China XD Plastics Limited was delisted in February 2022

Delisted

Cisco

Telepresence

Failed Telepresence Filter

Clean Harbors Inc

Recycling

Failed Landfill Filter

CleanSpark

Microgrid

CleanSpark sells distributed energy systems and microgirds, but the vast majority of its revenue comes from bitcoin mining which is not a Climate solution. It fails our revenue filter.

Failed Revenue Filter

ClearOne

0.0033%

ClearOne sells audio conferencing products and sound-reinforcement products that improve virtual connections and enable people to more easily collaborate without physical travel.

Pure Play

Clearway Energy

0.5499%

Clearway Energy is an yieldco that's purely focused on generating clean electricity. 99.5% of the electricity it generates comes from renewables.

Passed Utility Filter

CMS Energy

Electrical Utility

CMS is an electric utility that produces 79.2% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Failed Utility Filter

CN Energy Group

0.0008%

Biomass

CN Energy Group makes biomass electricity from wood. Due to its high emissions, Carbon Collective does not consider biomass electricity a Climate Solution and therefore exclude it.

Passed Revenue Filter

Comfort Systems USA

0.9391%

Comfort Systems makes 84.5% of its revenue from replacing old HVAC systems with more efficient ones.

Passed Revenue Filter

Commercial Metals

0.7486%

Commercial Metals manufactures steel and metal products, 98% of which is from recycled scrap metal, helping make steel a circular industry

Passed Revenue Filter

Consolidated Edison

Electrical Utility

51.8% of the electricity Con Ed generates and just about half of the electricity they transmit is clean, meaning they fall well below the 100% threshold.

Failed Utility Filter

Contango Ore, Inc.

Critical Minerals

Failed Mining Filter

Core & Main, Inc

Water Distribution

Core & Main sells smart meters and advanced metering technology that help reduce water loss through leak detection. But these account for only 8% of its revenue, so it fails the revenue filter.

Failed Revenue Filter

Corning

LED

Corning makes LED display products and emissions control products for the automotive industry, but not LED lighting, leaving it without a climate solution.

No Drawdown Solution

Covanta

Waste to Energy

Covanta makes most of its revenue from waste-to-energy operations and metal recycling, both Climate Solutions.

Delisted

CRH

Alternative Cement

CRH makes building materials, including high-performance glass, a climate solution. But most of its revenue comes from conventional cement, concrete and asphalt.

Lacked Sufficient Information

Crown ElectroKinetics

0.0002%

Crown makes dynamic glass that changes its opacity and reflectiveness in response to outside conditions. Dynamic glass enhances the energy efficiency of buildings.

Pure Play

CSW Industrials

0.4124%

CSW makes 69% of its revenue from products that make heating and cooling systems more efficient.

Passed Revenue Filter

Cummins

Electric Cars

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.

Failed Revenue Filter

CVD Equipment

LED

CVD is a specialty industrial machinery company. It offers MesoPlasma printing services and products to the defense industry, failing our defense filter.

Failed Defense Filter

Dana Corporation

Electric Cars

Dana sells both EV and internal combustion engine vehicle parts, but we exclude them because a revenue breakdown between those two segments is not provided.

Lacked Sufficient Information

Danimer Scientific

0.0133%

Danimer is a pure play that makes bio-based plastics using microorganisms. Bioplastics is an important climate solution.

Pure Play

Daqo New Energy

0.2550%

Daqo core business is selling high-purity polysilicon used in solar PVs to PV manufacturers.

Pure Play

Denison Mines Corp

0.2011%

Gingko uses genetic engineering to product bacteria with industrial applications. It works in the food and agricultural markets, but don√ït offer Climate solutions.

Pure Play

Digi International

Telepresence

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

Failed Telepresence Filter

Diodes

LED

Diodes sells discrete semiconductor products with consumer electronics industry applications. But it makes only small revenue from LED lighting applications, so it fails our revenue filter.

Failed Revenue Filter

DocuSign

1.5500%

DocuSign provides an e-signature solution that allows for digital signing of agreements and documents, saving both paper and emissions from transportation

Pure Play

Dominion Energy

Electrical Utility

Dominion is an electric utility that generates about half of its power from fossil fuels, including coal. With no plans to retire its coal plants, it fails our coal filter.

Failed Utility Filter

Dow

Bioplastics

Dow makes both traditional and bioplastics. We exclude it for lacking sufficient information that would help us determine which is a larger source of revenue.

Lacked Sufficient Information

DTE Energy

Electrical Utility

DTE is an electric utility that produces 70.4% of its power from fossil fuels, failing our utility filter.

Failed Utility Filter

Duke Energy

Electrical Utility

Duke Energy is an electric utility that produces 74% of its power from fossil fuels, failing our utility filter.

Failed Utility Filter

DuPont de Nemours

Solar, PVs

Lacked Sufficient Information

Eaton

Eaton makes 62% of its revenue by improving grid flexibility by selling various electrical and power products.

Failed Defense Filter

Eco Wave Power

0.0009%

Ocean Power

Eco Wave is a pure play that makes technology that converts ocean and sea waves into clean electricity.

Pure Play

Ecolab

Water Distribution

Lacked Sufficient Information

Edison International

Electrical Utility

Edison International is an electric utility but it doesn√ït give enough information about its power generation sources.

Lacked Sufficient Information

Electrameccanica Vehicles

0.0051%

Electric Cars

Electroameccanica Vehicles plans to sell EVs, but so far its revenue comes only from internal combustion vehicles. It fails our revenue filter.

Pure Play

Electric Last Mile Solutions, Inc.

Electric Cars

Electric Last Mile intends to design and manufacture electric √ílast mile√ì delivery and utility vehicles.

Delisted

Ellomay Capital

Electrical Utility

Ellomay is an electric utility that produces 62.9% of its power from gas and diesel oil, failing our utility filter.

Failed Utility Filter

eMagin

LED

eMagin sells night vision/thermal imaging goggles to customers in the military, failing our defense filter.

Failed Defense Filter

Emeren Group Ltd.

0.0210%

ReneSola constructs solar projects and sells project rights.

Pure Play

Emerson Electric

Smart Thermostat

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.

Failed Revenue Filter

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima

Electrical Utility

EDN is an electric utility but it doesn√ït provide complete enough information about its power generation sources.

Lacked Sufficient Information

Enbridge

Solar, PVs

Failed Revenue Filter

Enel Chile

Electrical Utility

Failed Utility Filter

Energy Focus

0.0008%

Energy Vault Holdings, Inc.

Energy Focus makes a variety of LED lighting products that emit the same light for less electricity.

Pure Play

0.0428%

Energy Vault is an energy storage pure play that makes gravity-based, grid-scale energy storage solutions.

Pure Play

EnerSys

Grid Expansion

EnerSys is an electrical equipment company. It sells specialty batteries with aerospace ad defense applications, missiles and smart weapons, so it fails our defense filter.

Failed Defense Filter

Enphase Energy

2.3069%

Enphase sells microinverters, energy monitoring software, and AC batteries to solar distributors.

Pure Play

Entergy

Electrical Utility

Entergy is an electric utility that produces 78% of its power from fossil fuels, including coal with no plans to retire its coal plants. It fails our utility and coal filters.

Failed Utility Filter

Eos Energy Enterprises

0.0268%

Eos is a pure play that makes energy storage solutions to utilities and other customers.

Pure Play

ESCO Technologies

Wind Power

Failed Defense Filter

ESS Tech, Inc.

0.0252%

ESS is a pure play in long-duration energy storage that makes iron flow battery technology.

Pure Play

Euro Tech Holdings

Water Distribution

Euro Tech makes water treatment equipment and other products. But they don√ït offer any climate solutions.

No Drawdown Solution

Evergy

Electrical Utility

Evergy is an electric utility that produces 64% of its power from fossil fuels, including coal, with no plans to retire its coal plants. It fails our utility and coal filters.

Failed Utility Filter

Eversource Energy

Electrical Utility

Most of Eversource's revenue comes from electric, gas and water distribution, which are not climate solutions.

Failed Utility Filter

EVgo

0.1370%

Pure Play

Evoqua Water Technologies

Water Distribution

Evoqua offer technologies mostly focused on removing impurities from water. It doesn't make any leak detection technologies, so it fails our water distribution efficiency filter.

No Drawdown Solution

Exelon

Electrical Utility

Failed Utility Filter

Expion360 Inc.

Energy Storage

Expansion360 sells lithium-ion batteries for RVs, golf carts and marine vehicles. Because these are not replacing previously fossil-fuel powered engines, they don√ït count as climate solutions.

Lacked Sufficient Information

EZGO Technologies

0.0011%

Faraday Future Intelligent Electric Inc.

EZ is a pure play that makes e-bicycles, e-tricycles, and lithium batteries for the Chinese market.

Pure Play

0.0038%

Faraday is a pure play that intends to start building electric cars.

Pure Play

First Solar

2.3533%

First Solar sells solar modules and power plant solutions.

Pure Play

FirstEnergy

Electrical Utility

FirstEnergy is an electric utility that produces 86.6% of its power from coal and doesn√ït plan to retire its coal plants fully until 2050. It fails our utility and coal filters.

Failed Utility Filter

Fisker

0.0784%

Fisker is a pure play that makes luxury and high-end EVs.

Pure Play

Flexible Solutions International

0.0030%

Nutrient Management

Pure Play

Fluence Energy Inc

0.5424%

Fluence is a pure play that provide energy storage products & services, and AI-enabled digital applications for renewables and storage.

Pure Play

Flux Power Holdings

0.0087%

Flux makes battery management systems and rechargeable lithium-ion energy storage systems for electric forklifts, airport ground support equipment, and other industrial motive applications.

Pure Play

Ford Motor

Electric Cars

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

Failed Revenue Filter

Fortis

Electrical Utility

Fortis is an electric utility that makes a vast majority of its power from coal and natural gas. It fails both our utility and coal filters.

Failed Utility Filter

Franklin Electric

Water Distribution

No Drawdown Solution

Freeport-McMoRan Inc.

Critical Minerals

Failed Ethical Filter

Freight Technologies Inc

0.0002%

Efficient Shipping

Pure Play

FREYR Battery

0.0334%

FREYR Battery is working to develop the most cost-competitive batteries with the lowest carbon footprints. It has not generated any reveue as of July 2022

Pure Play

FTC Solar

0.0111%

FTC Solar sells solar tracking systems that identifies the best positioning for a solar array to increase energy production.

Pure Play

FuelCell Energy

Carbon Management

Lacked Sufficient Information

Fusion Fuel Green

0.0021%

Fusion Fuel Green makes green hydrogen an important climate solution

Pure Play

FutureFuel

0.0340%

Biofuels

Future Fuels makes 79% of revenue from biofuels made mostly from cooking oils, other plant oils and animal fats. FF predominantly offers "Advnaced Biofuels" and thus pass our biofuel filters.

Passed Revenue Filter

Gatos Silver, Inc.

GATO operates numerous underground mines in Mexico generating a majority of its revenue from: silver, lead, and zinc, all critical minerals for the energy transition.

Failed Mining Filter

Generac Holdings

Energy Storage

Lacked Sufficient Information

General Electric

Wind Power

Failed Defense Filter

General Motors

Electric Cars

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

Failed Revenue Filter

Genie Energy

Electrical Utility

Genie Energy is an electric utility. It√ïs not clear what the source of its electric generation is, so we exclude it for lack of sufficient information.

Failed Utility Filter

Genuine Parts

Electric Cars

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.

Failed Revenue Filter

Gevo

0.0356%

Methane Capture

Pure Play

GFL Environmental

1.6324%

CSW makes 69% of its revenue from products that make heating and cooling systems more efficient.

Passed Landfill Filter

Gibraltar Industries

Solar, PVs

Gibraltar Industries makes solar racking and electrical balance of systems, but these only account for 32% of its total revenue. It fails our revenue filter.

Failed Revenue Filter

Ginkgo Bioworks Holdings

Plant-based diet

Failed Plant-Based Diet Filter

GMS Inc.

Insulation

GMS sells products for construction, including insulation, lumber, joint compound, fasteners, etc. It fails the revenue filter because the revenue from insulation was only 28.7%.

No Drawdown Solution

Gogoro Inc.

0.0805%

Gold Resource Corporation

Gogoro is an EV pure play that makes smart, swappable electric fuel and intelligent light urban vehicles.

Pure Play

GrafTech International Ltd.

Failed Mining Filter

0.0719%

Arc Smelting

Pure Play

Graham

Heat Pumps

Failed Defense & Revenue Filter

Granite Construction

Water Distribution

Granite Construction is an infrastructure company. It doesn√ït make any water leak detection or water conservation technology, leaving it without a climate solution.

No Drawdown Solution

Green Plains

Biofuels

Green Plains is one of the largest manufacturers of ethanol from corn. It fails our biofuel filter, which requires that advanced biofuels make up more than 50% of a company's biofuel production.

Failed Biofuel Filter

GreenLight Biosciences Holdings

GreenLight obtains RNA from yeast to develop products that enhances plant health and replace pesticides. This contributes to the Climate Solution of reducing food waste.

Delisted

GreenPower Motor

Hannon Armstrong Sustainable Infrastructure Capital

GreenPower is a pure play that makes EVs for passenger, student, and cargo transportation.

Delisted

0.3924%

Hannon Armstrong is an yieldco that's purely focused on generating clean electricity. 100% of the electricity it generates comes from renewables.

Pure Play

Hawaiian Electric Industries

Electrical Utility

Hawaiian Electric is an electric utility that produce ~99% of its power from fossil fuels. It fails our utility filter.

Failed Utility Filter

Heliogen, Inc.

0.0015%

Solar, Concentrated

Heliogen is an electric utility that's purely focused on generating electricity. 100% of the electricity it generates comes from renewables.

Pure Play

Helios Technologies

Water Distribution

Helios Technologies makes a variety of hydraulic products but not leak detection or water conservation technologies.

No Drawdown Solution

Honda Motor

Hybrid Cars

Lacked Sufficient Information

Honeywell International

Smart Thermostat

Honeywell is a technology company with an aerospace segment, which we categorize as fossil fuel revenue. It also sells products to the defense industry. It fails our revenue and defense filters.

Failed Defense Filter

Huaneng Power International

Electrical Utility

Huaneng Power is an electric utility in China with a slew of coal-fired power plants with no plans to retire them. It fails our utility and coal filters.

Failed Utility Filter

Hubbell

Grid Expansion

Lacked Sufficient Information

Hudson Technologies

0.0785%

Hudson makes various refrigerant management solutions an important climate solution.

Pure Play

Hycroft Mining Holding Corporation

Critical Minerals

Failed Mining Filter

Hyliion Holdings

0.0190%

Electric Cars

Hyliion makes electrified and hybrid powertrain solutions. Its solutions contribute to the climate solutions of hybrid and electric vehicles.

Pure Play

Hyzon Motors Inc.

0.0280%

Hyzon is a pure play that makes and services hydrogen fuel cell electric vehicles.

Pure Play

IAA

IAA operates a digital marketplace that connects buyers and sellers of total loss, damaged, and low-value vehicles, and car parts. This helps limit automotive waste through recycling.

Acquired

IBM

Telepresence

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

Failed Telepresence Filter

Ideanomics

0.0030%

Installed Building Products

Ideanomics makes 73% of its revenue from EVs and EV charging infrastructure.

Passed Revenue Filter

IES Holdings

Wind Power

Lacked Sufficient Information

Infrastructure and Energy Alternatives

Wind Power

IEA makes 65% of its revenue from infrastructure services for the wind and solar industries but it was acquired in October 2022.

Acquired

Ingredion INC

Plant-based diet

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.

Failed Plant-Based Diet Filter

0.6640%

Installed Building Products sells and installs insulation for residential and commercial builders, an important climate solution to make buildings more energy efficient.

Passed Revenue Filter

ioneer Ltd

0.0276%

IONR is a pure-play lithium mining company based in Nevada that has offtakes contracts in place with several major electric vehicle and battery manufacturers.

Passed Mining Filter

IperionX Limited

IPX operates an open-pit mine in Tennessee. 100% of its revenue comes from the sale of titanium, a critical mineral for the energy transition according to the IEA.

Lacked Sufficient Information

iSun

0.0018%

iSun makes 82% of revenue from selling solar engineering, procurement and construction services, and solar, storage and EV infrastructure.

Passed Revenue Filter

Itron

0.4392%

Itron makes 61% of its revenue from devices that measure and control water, smart meters and leak detection products, all climate solutions.

Passed Revenue Filter

JanOne Inc.

0.0004%

Passed Revenue Filter

JinkoSolar

0.2436%

Jinko sells solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots, and constructs solar projects.

Pure Play

Jiuzi Holdings

0.0005%

Jiuzi is a pure play that makes EVs in China.

Pure Play

Joby Aviation, Inc.

0.5920%

Johnson Controls International

Joby is a pure play in electric aviation that√ïs making an all-electric aircraft that can carry a pilot and 4 passengers, replacing the need for fossil fuel powered short haul flights.

Pure Play

5.0000%

Johnson Controls makes HVAC solutions including high-efficiency heat pumps, and build net-zero building systems. These products and services account for 72% of its revenue.

Passed Revenue Filter

Kaltura

0.0353%

Kaltura offers video products that are heavily used in distance learning for virtual classrooms, thus reducing the need for students to physically travel to and from class.

Pure Play

Kandi Technologies Group

0.0313%

Kandi made 61% of its revenue from EV parts and electric scooters.

Passed Revenue Filter

Karat Packaging

Bioplastics

Karat Packaging makes packaging with both traditional and bioplastics. It√ïs not clear which makes up a bigger portion of its revenue, so we exclude it for lacking sufficient information.

Lacked Sufficient Information

Kenon Holdings

Electrical Utility

Kenon is an electric utility that produces most of its power from gas and oil. It fails our utility filter.

Failed Utility Filter

Korea Electric Power

Electrical Utility

Korea Electric Power is the largest power producer in Korea with large nuclear and hydro plants, but coal is its largest source of generation. It fails our utility and coal filters.

Failed Utility Filter

KULR Technology Group

0.0031%

KULR is a pure play that makes thermal management technologies used in lithium-ion batteries to ensure that the batteries stay within safe operating temperatures.

Pure Play

Laird Superfood

0.0011%

Laird sells plant-based foods like hydrate coconut water and renew plant-based proteins.

Pure Play

Lear

Hybrid Cars

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

Failed Revenue Filter

Lennox International

2.0334%

Lennox sells HVAC systems including high-efficiency heat pumps.

Passed Revenue Filter

Li Auto

4.7786%

Li Auto builds electric SUVs and luxury vehicles in China.

Pure Play

Li-Cycle Holdings Corp

0.0133%

Li-Cycle is a pure play in recycling that recycles lithium-ion batteries.

Pure Play

Lightbridge Corporation

0.0053%

Lighbridge focuses on the development of metallic nuclear fuels, which are safer and more economical, while effectively reducing carbon emissions.

Pure Play

Lightning eMotors

Lightning eMotors makes electric medium- and heavy-duty vehicles like delivery trucks and shuttle buses, as well as EV charging stations.

Delisted

Limbach Holdings

Net-zero building

Limbach provides a number of climate solutions, including energy audits and building retrofits, but they don√ït provide a revenue breakdown. We exclude them for lack of sufficient information.

Lacked Sufficient Information

Limoneira

Perennial Staple Crops

Limoneira grows a number of crops, including avocados, a perennial staple crop that√ïs a climate solution. But since avocados only account for 4% of its total revenue, it fails our revenue filter.

Failed Revenue Filter

Lindsay

Efficient Irrigation

Lacked Sufficient Information

Lithium Americas Corp

0.1320%

LAC is a pure-play lithium mining company focused on extracting and refining battery-grade lithium.

Passed Mining Filter

Littelfuse

Energy Storage

Lacked Sufficient Information

Livent

0.4133%

Livent is a pure play that sells lithium compounds, primarily used in lithium batteries.

Pure Play

LKQ

1.6350%

LKQ scraps totaled cars and sells the reclaimed replacement parts, helping reduce automotive waste.

Pure Play

Loop Industries

0.0230%

Loop converts waste plastics into virgin quality plastic.

Pure Play

Lordstown Motors

Electric Cars

Lordstown Motors build electric full-size pickup trucks for fleet customers. But they√ïre currently under investigation for alleged securities fraud. It fails our fraud filter.

Failed Fraud Filter

LSI Industries

0.0521%

LSI makes 67% of its revenue from LEDs for lighting used in parking garages and restaurants.

Passed Revenue Filter

Lucid Group, Inc.

1.2323%

Maxeon Solar Technologies

Lucid is a pure play that makes electric cars and battery systems.

Pure Play

Magnachip Semiconductor

LED

Failed Revenue Filter

MasTec

Grid Expansion

MasTech promotes wind and solar energy as well as grid flexibility. But since these climate solutions make up less than 50% of total revenue, it fails our revenue filter.

Failed Revenue Filter

0.0484%

Maxeon sells solar panels and other related components.

Pure Play

MDU Resources Group

Electrical Utility

Failed Utility Filter

Mesabi Trust

Critical Minerals

Anderson refines corn into ethanol, which is a Climate solution, but it’s a very small part of its revenue. It fails the revenue filter.

Failed Mining Filter

MGE Energy

Electrical Utility

MGE produces 76.2% of its energy from fossil fuels and 23.8% from renewables (wind and solar), thus failing our defense filter

Failed Utility Filter

Microvast Holdings Inc

0.0567%

Microvast is a pure play that designs and manufactures EV battery and energy storage with ultra-fast charging capabilities.

Pure Play

Montauk Renewables

0.1636%

Montauk is an electric utility that's purely focused on generating electricity. 100% of the electricity it generates comes from biogas, which is a renewable source.

Pure Play

Montrose Environmental Group

Water Distribution

Failed Revenue Filter

MP Materials Corp.

0.4513%

MP is mining company focused on rare earth extraction and processing in the Western Hemisphere. Rare earth elements are critical minerals for the energy transition.

Passed Mining Filter

Mueller Industries

Water Distribution

No Drawdown Solution

Mueller Water Products

Water Distribution

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

Failed Revenue Filter

Mullen Automotive, Inc.

0.0075%

Mullen is a pure play EVs manufacturer with both personal and comercial products in development.

Pure Play

MYR Group

0.3090%

Grid Expansion

MYRG offers a wide range of products to the electric utility industry, but it doesn√ït give a precise breakdown between these products. We exclude it for lacking sufficient information.

Passed Revenue Filter

National Grid

Electrical Utility

Lacked Sufficient Information

Natural Order Acquisition Corp COM

Plant-based diet

NOAC is a SPAC that targets private emerging companies in the plant-based food space. We do not invest in SPACs pre-reverse merger.

Lacked Sufficient Information

Newmont Corporation

Critical Minerals

Failed Mining Filter

NexGen Energy

0.4674%

NextEra Energy Partners, LP

NexGen explores and develops uranium projects in Canada.

Passed Revenue Filter

NextEra Energy

Electrical Utility

NextEra Energy is an electric utility. The fail our Green Utilities filter because only 22%-23% of the electricity they transmit on its power lines comes from clean sources (must be >50%).

Failed Utility Filter

0.3633%

NextEra Energy Partners is an yieldco that generates 73% of its total revenue from electricity generation. 90% of the electricity it generates comes from renewable sources.

Pure Play

Nikola

0.1295%

Nikola is an electric car pure play that makes electric and hydrogen fuel cell heavy-duty commercial vehicles as well as clean energy solutions.

Pure Play

NIO

1.8212%

NIIO builds electric SUVs and sedans in China with a subscription service for swappable batteries instead of conventional charching.

Pure Play

NiSource

Electrical Utility

Failed Utility Filter

Niu Technologies

0.0216%

Niu is a pure play that makes electric scooters. It has over 800,000 active riders.

Pure Play

NorthWestern

Electrical Utility

Northwestern is an electric utility that produces 46% of its power from renewables and the rest from fossil fuels including coal. It fails our utility and coal filters.

Failed Utility Filter

NRG Energy

Electrical Utility

NRG is an electric utility that generates 92% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Failed Utility Filter

Nucor Corporation

5.0000%

NuScale Power Corporation

Nucor is a steel maker that uses scrap steel as primary raw material, and it produces steel using the more efficient electric arc furnaces. 92.9% of its revenue comes from these solutions.

Passed Revenue Filter

0.0973%

NuScale is a nuclear pure play that builds and sells light water small modular reactor that range from 77MW to 924MW.

Pure Play

Nuvve Holding

0.0007%

Nuuve sells vehicle-to-grid technology that allows EV owners to store and resell energy to the grid.

Pure Play

NV5 Global

Water Distribution

Lacked Sufficient Information

nVent Electric

Grid Expansion

Lacked Sufficient Information

Nvidia

Telepresence

Nvidia sells graphics processing units, application programming interface for data science and high-performance computing. Since they are not a telepresence pure play, they are excluded.

No Drawdown Solution

NXP Semiconductors

Telepresence

NXP sells technology solutions to the automotive, industrial, Internet of Things, mobile, and communications infrastructure markets. But they don√ït offer any climate solutions.

No Drawdown Solution

O2Micro International Limited

LED

Lacked Sufficient Information

Oatly Group

0.0895%

Oatly sells plant-based dairy products made from oats.

Pure Play

Oblong, Inc.

0.0004%

Orbital Infrastructure Group Inc

Pure Play

Ocean Power Technologies

Ocean Power

Lacked Sufficient Information

OGE Energy

Electrical Utility

OGE is an electric utility that generates 93% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Failed Utility Filter

ON Semiconductor

Electric Cars

ON makes semiconductors for many industries, including EV charging infrastructure. But we exclude them because they don√ït provide a revenue breakdown for each of its end-markets.

Lacked Sufficient Information

Oracle

Telepresence

Oracle provices products and services that address enterprise information technology environments. Since they√ïre not a telepresence pure play, it fails the telepresence filter.

Failed Telepresence Filter

Orbital made 66.5% of its revenue from engineering, procurement, and construction services for utility-scale solar and maintenance of electric power transmission and distribution infrastructure.

Delisted

Origin Materials, Inc.

0.0154%

Origin Materials is a bioplastics pure play that converts sustainable feedstocks into plastics that can replace petroleum-based plastics.

Pure Play

Orion Energy Systems

0.0036%

Perma-Fix Environmental Services

Orion Energy is an LED lighting pure play and also works on retrofit projects.

Pure Play

Ormat Technologies

0.5848%

Geothermal

Ormat produces geothermal energy systems that enable utilities to generate electricity using the heat from the earth.

Pure Play

Otter Tail

Electrical Utility

Otter Tail is an electric utility that generates 72% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Failed Utility Filter

Owens Corning

1.6843%

Insulation

Owens Corning makes building and construction materials. It make insulation, but this accounts for only 27% of its revenue, so it fails our revenue filter.

Passed Revenue Filter

Pampa Energía

Electrical Utility

Pampa is an electric utility that generates 78% of its power from fossil fuels. It fails our utility filter.

Failed Utility Filter

Paramount Gold Nevada Corp.

Critical Minerals

Failed Mining Filter

Pentair

Water Distribution

Lacked Sufficient Information

0.0137%

Perma-Fix promotes nuclear power through the treatment of nuclear waste and technical services like radiological measurement.

Pure Play

Perma-Pipe International Holdings

Water Distribution

Failed Revenue Filter

PG&E

Electrical Utility

While 93% of the electricity PCG transmits is clean, only 45% of the energy the generate is clean, and 25% of its revenu comes from the sale of natural gas.

Failed Utility Filter

PGT Innovations

0.2967%

PGT sells aluminum frames, energy efficient glass, and other window related products that enhance building insulation.

Passed Revenue Filter

Pineapple Energy Inc.

0.0008%

Pure Play

Pinnacle West Capital

Electrical Utility

Pinnacle is an electric utility that generates 78% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Failed Utility Filter

Planet Green Holdings

Biofuels

Planet Green makes ethanol, tea, chemicals and other products. It fails our biofuel filter, which requires that advanced biofuels make up more than 50% of a company√ïs biofuel production.

Failed Biofuel Filter

Plug Power

0.3484%

Plug Power makes hydrogen fuel cell solutions through hydrogen fueling systems, proton exchange membrane technologies, and more.

Pure Play

PNM Resources

Electrical Utility

PNM is an electric utility that generates 56.4% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Failed Utility Filter

Polar Power

Grid Expansion

Lacked Sufficient Information

Portland General Electric

Electrical Utility

Portland GE is an electric utility that generates 62% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Failed Utility Filter

Power Integrations

LED

Power Integration sells integrated circuits and other electronic circuitry. Applications include LED lighting, but this is a small part of its revenue. It fails our revenue filter.

Failed Revenue Filter

PPL

Electrical Utility

PPL is an electric utility that generates ~99% of its power from fossil fuels, including coal. It fails our utility and coal filter.

Failed Utility Filter

Preformed Line Products

0.0837%

Preformed Line Products makes 66% of its revenue from improving grid flexibility by maintenance of energy networks.

Passed Revenue Filter

Proterra

Proterra makes EVs, including electric buses used in mass transit.

Delisted

Public Service Enterprise Group

Electrical Utility

PSEG is a utility that generates ~64% of its power from fossil fuels. It fails our utility filter.

Failed Utility Filter

PureCycle Technologies

0.0849%

PureCycle converts waste plastics into virgin quality plastic.

Pure Play

PyroGenesis Canada

0.0086%

Quanex Building Products Corporation

Pyrogenesis makes 60& of its revenue from plasma torches (for use in making batteries) and waste-to-energy operations.

Passed Revenue Filter

QualTek Services Inc.

Grid Expansion

QualTeck has a renewables infrastructure business, but this only accounts for 5% of its revenue, hence failing the revenue filter.

Failed Revenue Filter

0.1290%

Passed Revenue Filter

Quanta Services

4.0084%

Quanta Services gets 69% of its revenue from improving grid flexibility by maintaining electric power transmission, distribution infrastructure, and substation facilities.

Passed Revenue Filter

QuantumScape

0.4350%

QuantumScape is a pure play in solid-state lithium-metal batteries, some of which are used in EVs.

Pure Play

Quest Resource

0.0188%

Quest is a recycling pure play that recycles a variety of items, like scrap tires, metal and glass.

Pure Play

Renew Energy Global PLC

0.3653%

ReNew Power is a clean energy pure play that owns utility-scale wind, solar and hydropower assets totaling over 12GW of generating capacity.

Pure Play

Republic Services

Recycling

Republic makes part of its revenue from recycling, a climate solution. But because this accounts for only 3.7% of its total revenue, so it fails our recycling filter.

Failed Revenue Filter

Research Frontiers

0.0043%

Research Frontiers makes suspended particle device light control technology that undergirds dynamic glass technology, which helps enhance energy efficiency in buildings.

Pure Play

ReTo Eco-Solutions

0.0016%

Alternative Cement

ReTo Eco-Solutions makes environmentally friendly construction materials using less carbon-intensive alternative materials.

Passed Revenue Filter

REX American Resources

Biofuels

Failed Biofuel Filter

Rexnord

Water Distribution

No Drawdown Solution

Rivian Automotive, Inc.

2.8433%

Rivian is a pure play that makes electric pickup trucks, SUVs, and EV charging solutions.

Pure Play

Romeo Power

Energy Storage

Romeo makes 65% of its revenue from lithium-ion battery modules for commercial EVs and was acquired by NKLA in 2022

Acquired

Roper Technologies

Water Distribution

No Drawdown Solution

Save Foods

0.0007%

Save Foods sells post-harvest food acid and oxidizer blends that extend the shelf life of food, preventing food waste.

Pure Play

SemiLEDs

0.0009%

SemiLEDs sells LED chips, components and modules which are used for general lighting.

Pure Play

Sempra Energy

Electrical Utility

Sempra Energy is an energy utility. Only 29.5% of its electricity generation is clean, and 57.6% of its total revenue comes from gas distribution. We therefore exclude them from the Climate Index.

Failed Utility Filter

SES AI Corporation

0.0823%

Shoals Technologies Group

SES is an energy storage pure play that builds high-performance lithium-ion batteries and EVs and other applications.

Pure Play

0.3379%

Shoals sells electrical balance of system solutions for solar energy projects.

Pure Play

SolarEdge Technologies

0.6798%

SolarEdge sells DC inverter systems for solar PVs, EV charging solutions, lithium-ion cells and batteries, and power supply solutions.

Pure Play

Solid Power, Inc.

0.0331%

Pure Play

Solitario Zinc Corp.

Critical Minerals

XPL is a mineral exploration company. While it does explore for some critical minerals, its main focus is gold which is not a mineral critical to the energy transition.

Lacked Sufficient Information

Sono Group N.V.

Sono is an EV pure play that builds EVs with integrated solar PV.

Delisted

Southern Copper Corp

5.0000%

96% of SCCO's revenue comes from the extraction and sale of the critical minerals: copper, molybdenum, and zinc.

Passed Mining Filter

SPI Energy

0.0032%

SPI Energy builts solar projects for power producers, owns its own solar projects, and makes EVs and EV charging infrastructure.

Pure Play

SPRU (XL Fleet)

0.0103%

Steakholder Foods Ltd (MITC MeaTech 3D)

Spruce Power sells solar charging of cars a service, as well as battery packs and other key components to clean electrification.

Pure Play

0.0019%

Meatech 3D develops cultured meat products without animal slaughtering.

Pure Play

Steel Dynamics, Inc.

2.4432%

Sunnova Energy International

Steel Dynamics is a steel producer and metal recycler. It produces steel using scrap metal and electric arc furnace technology, which is much more energy efficient than blast furnace.

Passed Revenue Filter

Steel Partners Holdings

LED

Lacked Sufficient Information

Stellantis N.V.

Electric Cars

Stellantis produces some EVs, but they don√ït provide a revenue breakdown between its EV and internal combustion vehicle offerings. We exclude them because they lack sufficient information.

Lacked Sufficient Information

Stem

0.0773%

SmartGrid

Stem helps buildings to switch from onsite, to stored, to grid electricity with its AI-powered platform.

Pure Play

Sterling Construction

Water Distribution

No Drawdown Solution

0.2387%

Sunnova is a leading residential solar PV company in the US

Pure Play

SunOpta

0.0809%

SunOpta sells plant-based foods and beverages from almond, soy, coconut, oat, or hemp.

Pure Play

SunPower

0.1083%

SunPower sells electricity generated from solar, solar energy solutions and inverters.

Pure Play

Sunrun

0.5468%

Sunrun sells solar energy systems like panels, and energy storage systems, primarily to residential customers.

Pure Play

Sunworks

0.0017%

Sunworks sells solar PV systems for power production for residential, commercial, and industrial customers.

Pure Play

Swvl Holdings Corp.

0.0015%

Mass Transit

Pure Play

Tata Motors

Electric Cars

Tata Motors makes some EVs, but these only account for about 23% of its total revenue. It fails our revenue filter.

Failed Revenue Filter

Teck Resources Ltd Class B

Critical Minerals

Failed Mining Filter

Tecnoglass

0.2786%

Tecnoglass sells high-performance windows.

Passed Revenue Filter

Tesla

5.0000%

Tesla makes EVs, solar energy generation, and energy storage products.

Pure Play

Tetra Tech

Water Distribution

Lacked Sufficient Information

The AES

Electrical Utility

AES is an electric utility that produces 57% of its power from fossil fuels (including coal) and the rest from renewables. It fails our utility and coal filters.

Failed Utility Filter

The Hain Celestial Group

0.1256%

Hain sells a variety of plant-based snack products like tortilla chips, whole grain chips, and pita chips, plant-based beverages, plant-based meat-alternative products.

Passed Revenue Filter

The Lion Electric

0.0512%

TMC the metals company Inc.

Lion Electric sells all-electric medium and heavy-duty urban vehicles like trucks and buses to electrify mass transportation.

Pure Play

The Southern

Electrical Utility

The Southern is an electrical utility that generates 72% of its power from fossil fuels. It fails our utility filter.

Failed Utility Filter

0.0431%

Passed Mining Filter

TopBuild

1.5203%

TopBuild sells insulation products for buidlings

Passed Revenue Filter

Toyota Motor

Hybrid Cars

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

Failed Revenue Filter

TPI Composites

0.0225%

TPI makes 96% of its revenue from composite wind blades, related precision molding and assembly systems

Passed Revenue Filter

Trane Technologies

Heat Pumps

Lacked Sufficient Information

TransAlta

Electrical Utility

TransAlta is an electric utility that generates 41.7% of its power from gas and 38.3% from renewables. It fails our utility filter.

Failed Utility Filter

Tronox Holdings PLC

Critical Minerals

Tronox produces titanium dioxide, a pigment for making products white, not a critical mineral.

Failed Mining Filter

Tutor Perini

Mass Transit

Tutor Perini is a construction company. It builds military defense facilities so it fails our defense filter.

Failed Defense Filter

U.S. Gold Corp.

Critical Minerals

Failed Mining Filter

Ultralife

0.0142%

Electric Cars

Ultralife makes a majority of its revenue from EVs and energy storage. But it fails our defense filter because it sells batteries specifically designed for military combat and communications.

Not Pure Play

Unitil

Electrical Utility

Lacked Sufficient Information

Ur-Energy

0.0524%

Ur-Energy explores uranium mineral properties in 12 projects in the US.

Pure Play

Uranium Energy

0.3215%

Uranium Energy extracts and processes uranium.

Passed Revenue Filter

US Ecology

Industrial Recycling

US Ecology owns or leases several landfill sites that don√ït have landfill gas recovery facilities. It therefore fails our landfill filter.

Failed Landfill Filter

Valmont Industries

0.6237%

Efficient Irrigation

Valmont makes irrigation efficiency and grid flexibility solutions, both of which are climate solutions.

Passed Revenue Filter

Veeco Instruments

Solar, PVs

Lacked Sufficient Information

Vertiv Holdings

Grid Expansion

Vertiv helps improve grid flexibility, but it has customers in the oil and gas industry. It√ïs not clear how much revenue they get from these customers.

Lacked Sufficient Information

Via Renewables

Electrical Utility

Via Renewables is a retail distributor of electricity and gas. But it doesn√ït give information about the sources of the electricity it purchases. We exclude it for lacking sufficient information.

Failed Utility Filter

Vicor

Grid Expansion

Vicor sells defense electronics used in airborne, seaborne, or field communications and radar, which fails our defense filter.

Failed Defense Filter

View

0.0019%

View is a pure play that makes dynamic glass that√ïs cloud-connected, automated, and allows for settings control through smart devices to adjust for heat, lighting and more.

Pure Play

Village Farms International

Methane Capture

Village Farms operates a methane digester power plant and sells the electricity it generates. But since this accounts for less than 1% of its total revenue, it fails our revenue filter.

Failed Revenue Filter

Vistra

Electrical Utility

Vista is an electric utility that generates ~93% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Failed Utility Filter

Vita Coco Co Inc

Plant-based diet

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.

Failed Plant-Based Diet Filter

Vivint Smart Home

Building Automation

Vivint sells cloud-enabled smart home operating systems that enable homeowners to run its HVAC and other systems with less energy. But it doesn√ït give a revenue breakdown between its products.

Lacked Sufficient Information

VivoPower International

0.0007%

Vivo Power provides EVs, critical power services, battery and microgrid technology and solar power. These products and services account for nearly 100% of its revenue.

Passed Revenue Filter

Volcon

0.0002%

Volcon is an electric car pure play that builds electric motorcycles, off-road powersports vehicles, and utility terrain vehicles.

Pure Play

Volta Inc

Volta Charging is an EV infrastructure pure play. Its charging stations are compatible with all major plug-in hybrid and battery EV types in the US.

Pure Play

Wallbox NV

0.0439%

Wallbox is an EV infrastructure pure play that makes EV charging systems that allow communication between user, vehicle, grid, building and charger.

Pure Play

Waste Connections

4.9168%

Azure Power is an electric utility that is focused on generating clean electricity. 100% of Azure Power's revenue comes from generating renewable power.

Passed Landfill Filter

Waste Management

5.0000%

Waste Management has methane capture systems at 144 out of 260 landfill in operations. Since it has methane capture systems at more than 50% of these landfill sites, WM passes our landfill filter.

Passed Landfill Filter

Watts Water Technologies

0.8877%

Watts makes 52% of its revenue from residential and commercial leak detection and water quality monitoring products

Passed Revenue Filter

WEC Energy Group

Electrical Utility

WEC is an electric utility that generates 89% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Failed Utility Filter

WESCO International

SmartGrid

WESCO sells basic grid upgrade equipment, smart grid products, transformers and distribution hardware, but these products only account for 26.8% of its total revenue. It fails our revenue filter.

Failed Revenue Filter

Westinghouse Air Brake Technologies

Mass Transit

Failed Revenue Filter

Westwater Resources

0.0040%

Westwater Resources is a pure play in battery-ready graphite materials, a key component in battery construction.

Pure Play

Whole Earth Brands

Plant-based diet

Whole Earth Brands makes plant-based consumer packaged goods, but it also makes flavored products used by the tobacco industry, thus failing the tobacco filter

No Drawdown Solution

Willdan Group

0.0375%

Wildan provides consulting services to help clients achieve its energy efficiency goals, grid optimization, emissions reduction, and building retrofits.

Passed Revenue Filter

Williams Industrial Services Group

Nuclear Power

Lacked Sufficient Information

Workhorse Group

Electric Cars

Workhorse is an EV manufacturer but is currently under investigation for insider trading. We exclude them because it fails our fraud filter.

Failed Fraud Filter

Xcel Energy

Electrical Utility

Xcel is an electric utility that generates 51% of its power from fossil fuels, including coal. It fails our utility and coal filters.

Failed Utility Filter

Xos, Inc.

0.0060%

XOS Truck is an EV pure play that makes electric drivetrains for trucks as well as medium- and heavy-duty electric trucks.

Pure Play

XPeng

1.7429%

Zoom Video Communications

XPeng sells EVs, including sedans, for the Chinese market.

Pure Play

Xylem

Water Distribution

Xylem makes water leak detection and remote monitoring solutions, but these account for much less than 50% of its total revenue. It fails our revenue filter.

Failed Revenue Filter

Yield10 Bioscience, Inc.

0.0004%

Perennial Staple Crops

Yield10 makes several climate solutions: biofuel feedstock, bioplastics, and perennial staple crops. 100% of its revenue comes from these climate solutions.

Pure Play

2.7987%