Green Stocks Solving Climate Change

Abbvie makes less than 50% of its revenue from contraceptives, thus failing the contraceptives filter.

Arcosa services wind farms and utilities to improve grid flexibility. It however makes more revenue from its storage, transportation, and construction products that serve the fossil fuel industry.

Advanced Energy Industries, sold their renewables business and therefore no longer produces a Drawdown solution

Albemarle produces lithium compounds promoting energy storage, a Drawdown solution. It however makes more of its revenue from other compounds like bromine that have end-markets in the fossil fuel industry due to applications, such as oil and gas well drilling and completion fluids.

Less than 50% of Aemetis' biofuel production is advanced biofuel, leading it to fail the biofuel filter

American Electric Power produces 73% of its power from fossil fuels, 17% from renewable sources, 7% from nuclear, and 3% from energy efficiency.

Atlantic produces 70% of its power from fossil fuels, 20% from non fossil fuel combustion, and 10% from renewables.

Avista produces 55% of its power from renewables, 43% from fossil fuels, and 2% from non fossil fuel combustion. While it passes the generation mix criteria of > 50% non fossil fuel sources, 9% of its power comes from coal and it has no plans to shut down its coal plants within the next 3 years.

AZZ sold their nuclear logistics business and therefore no longer produces a Drawdown solution

Bloom Energy's Energy Servers can operate using both hydrogen and biogas, both climate solutions, but a majority of its Energy Server's use natural gas. This use of natural gas is considered fossil fuel revenue, particularly because we don’t want to lock in natural gas emissions by a commitment to weak transitionary infrastructure.

Bioceres' products help maximize crop yield, not reduce food waste, leaving them without a Drawdown solution

Black Hills produces 90.99% of its power from fossil fuels and 9.01% from renewables.

BorgWarner produces some solutions for EVs, a Drawdown solution, but makes a much larger portion of its revenue from traditional ICE vehicles.

BWX performs fabrication activities for missile launch tubes for US submarines, which fails the defense filter as this would be classified as weapons related.

Central Puerto produces 67.13% of its power from fossil fuels and 32.87% from renewables.

CF Industries creates nitrogen products for agriculture but they do not help promote nutrient management, a Drawdown solution

Capstone Green Energy produces microgrids and microturbines with renewable applications, both of which are Drawdown solutions, but receives the majority of its revenue from application of its microturbines to fossil fuel industries.

Church & Dwight owns Trojan condoms, but makes less than 50% of its revenue from them, thus failing to pass the contraception filter.

Euro Tech Holdings does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.

Cummins derives a very small part of its revenue from hydrogen production solutions and electrified power systems, but a much larger portion of its revenue is from ICE parts and oil & gas markets, both of which would be categorized as fossil fuel revenue.

CMS produces 62.73% of its power from fossil fuels, 19.92% from nuclear, 7.67% from mixed sources, and 6.65% from renewables. Even if all of the mixed sources were renewable, CMS would still not have >50% power from non fossil fuel sources.

Less than 50% of CN Energy Group's biofuel production is advanced biofuel, leading it to fail the biofuel filter

CenterPoint produces 99.6% of its power from fossil fuels, 0.23% from non fossil fuel combustion, and 0.16% from renewables.

Cooper sells healthcare products like contact lenses, fertility products, and contraceptives, but makes less than 50% of its revenue from contraceptives

Capstone Turbine produces microgrids and microturbines with renewable applications, both of which are Drawdown solutions, but receives the majority of its revenue from application of its microturbines to fossil fuel industries.

Cree sells materials products and RF devices used in military communications, which fails the defense filter because it sells something to the defense industry that is not a Drawdown solution.

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BioCorteva's products help maximize crop yield, not reduce food waste, leaving them without a Drawdown solutionceres' products help maximize crop yield, not reduce food waste, leaving them without a Drawdown solution

China XD Plastics Limited derives the majority of its revenue from traditional plastics like polypropylene.

Daktronics sells LED displays for various purposes like sports, architecture, and more.

While Delta is known for its forward thinking stance on climate, it does not derive any revenue from its sustainability initiatives.

DuPont de Nemours has some end-markets in solar energy and LEDs, both Drawdown solutions, but derives a larger portion of its revenue from various products that have end-markets in the fossil fuel industry.

DTE produces 67.13% of its power from fossil fuels, 21.07% from nuclear, 10.26% from nuclear, and 1.54% from renewables.

Duke Energy produces 61% of its power from fossil fuels, 37% from nuclear, and 2% from renewable.

Centrais Elétricas Brasileiras - Eletrobrás produces 92.45% of its power from renewables, 3.89% from nuclear, and 3.66% from fossil fuels. While it passes the generation mix criteria of > 50% non fossil fuel sources, 0.68% of its power comes from coal and it has no plans to shut down its coal plants within the next 3 years.

Ecolab offers products that can help businesses conserve water, a Drawdown solution, but also sells products built specifically for the fossil fuel industry. It is unclear which it makes more revenue from

US Ecology, does not have landfill gas to energy operations in a majority of its landfills, thus failing the landfill gas filter.

Consolidated Edison produces 52.5% of its power from fossil fuels, 37.5% from nuclear, 8.6% from renewables, and 1.3% from unknown sources. Even if all of the unknown sources were renewable, CE would still not have >50% power from non fossil fuel sources.

Ellomay produces 75.5% of its power from fossil fuels, 15.6% from renewables, and 8.5% from non fossil fuel combustion.

eMagin sells weapons sights, which fails the defense filter because this would be categorized as a weapons-related sale.

Enbridge derives some of its revenue from solar and wind energy, both Drawdown solutions, but receives the majority of its revenue from pipeline work for the natural gas industry, which is categorized as fossil fuel revenue.

Enel Américas produces 62% of its power from renewables and 38% from fossil fuels. While it passes the generation mix criteria of > 50% non fossil fuel sources, 3% of its power comes from coal and it has no plans to shut down its coal plants within the next 3 years.

Energizer Holdings, makes only batteries for household products and lighting products for flashlights and headlamps, neither of which are Drawdown solutions.

Eversource Energy produces 62.28% of its power from fossil fuels, 19.64% from renewables, 13.83% from non fossil fuel combustion, 4.24% from nuclear, and 0.01% from energy storage.

ESCO derives its revenue in part from promoting grid flexibility, a Drawdown solution, by enabling electric power grid operators to assess the integrity of high-voltage power delivery equipment. It however receives a larger portion of its revenue from products that have an end-market in commercial aerospace applications.

Entergy produces 61.76% of its power from fossil fuels, 38.01% from nuclear, and 0.23% from renewables.

Evergy produces 50% of its power from fossil fuels, 29% from renewables, and 21% from nuclear.

Ford Motor produces some EVs, a Drawdown solution, but receives the majority of its revenue from traditional ICE vehicles, which are categorized as fossil fuel revenue.

FirstEnergy produces over 95% of its power from fossil fuels. The rest is from renewables.

Franklin Electric does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.

Less than 50% of FutureFuel's biofuel production is advanced biofuel, leading it to fail the biofuel filter

FMC's products help protect crops from pests, not reduce food waste, leaving them without a 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

General Electric derived 19.4% of its revenue from wind energy, a Drawdown solution, but received 21.8% of its revenue from various products dependent on oil and gas, which is categorized as fossil fuel revenue.

Less than 50% of Gevo's biofuel production is advanced biofuel, leading it to fail the biofuel filter

General Motors produces some EVs, a Drawdown solution, but receives the majority of its revenue from traditional ICE vehicles, which are categorized as fossil fuel revenue.

Genuine Parts sells auto parts and while it does seem to service the EV industry in part, its business is mostly oriented towards ICE vehicles. It even lists EV adoption as a risk to its business.

Less than 50% of Green Plain's biofuel production is advanced biofuel, leading it to fail the biofuel filter

Greenland Technologies Holding has yet to produce any electric vehicles since that division was opened in December 2020.

Granite Construction does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.

Hawaiian Electric produces 71.6% of its power from fossil fuels, 23.9% from renewables, and 4.5% from non fossil fuel combustion.

Helios Technologies does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.

Honda Motor produces some EVs, a Drawdown solution, but receives the majority of its revenue from traditional ICE vehicles, which are categorized as fossil fuel revenue.

Honeywell has an aerospace segment which is categorized as fossil fuel revenue that comprises a greater portion of its net sales than its production of smart thermostats, a Drawdown solution. They also fail the defense filter.

IDACORP produces 59.8% of its power from renewables, 32.8% from fossil fuels, and 7.4% from mixed sources. While it passes the generation mix criteria of > 50% non fossil fuel sources even if the entirety of the mixed source power generation was from fossil fuels, 20.9% of its power comes from coal and it has no plans to shut down its coal plants within the next 3 years.

Lear manufactures some electrification products, but 94.1% of its revenue comes from acting as a supplier for traditional automotives.

Limoneira 's Drawdown revenue comes from growing avocados, a perennial staple crop. It however derives the vast majority of its total revenue from other non-perennial crops.

Lindsay sells different irrigation systems and offers repair services for those systems. It also sells moveable barrier systems that help in many applications such as highway reconstruction.

Alliant produces 86.29% of its power from fossil fuels and 13.71% from renewables.

The LEDs that LG makes are all used in their TV and smartphone displays. Tech displays are not a Drawdown solution.

Lyft theoretically enables rideshareing, a Drawdown solution, but in practice likely increases emissions due to drivers going further from their homes daily to service higher paying regions.

Maronne Bio's products help protect crops from pests, not reduce food waste, leaving them without a Drawdown solution

MDU produces 55.5% of its power from renewables, 25.6% from mixed sources, and 18.87% from renewables. Even if all of the mixed sources were renewable, MDU would still not have >50% power from non fossil fuel sources.

Methode sells electronic components like LEDs and sensors to automotive OEMS, external lighting solutions, and telecommunications products.

MGE produces 85.93% of its energy from fossil fuels and 14.07% from renewables.

Mueller Industries does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.

Merck sells prescription medicines, vaccines, animal health products, and more and makes less than 50% of its revenue from contraceptives

NiSource produces 97.1% of its power from fossil fuels and 2.92% from renewables.

Nikola was credibly accused of fraud by whistleblower investors in 2020

NRG produces 86% of its power from fossil fuels, 9% from renewables, and 5% from nuclear.

Northwestern produces 61% of its power from renewables and 29% from fossil fuels. While it passes the generation mix criteria of > 50% non fossil fuel sources, 20% of its power comes from coal and it has no plans to shut down its coal plants within the next 3 years.

ObsEva makes health and pregnacy-related products, but not contraceptives, meaning it does make a Drawdown solution

OGE produces 89% of its power from fossil fuels and 11% from renewables.

ON manufacturs semiconductors for many industries, none of them specifically being Drawdown solutions.

Ocean Power Technologies utilizes ocean power to provide electricity, a Drawdown solution. But 87% of its revenue comes from servicing the fossil fuel industry.

Otter Tail produces 70.68% of its power from fossil fuels and 29.32% from renewables.

Pampa produces 85% of its power from fossil fuels and 15% from renewables.

Public produces 54.91% of its power from fossil fuels, 40.41% from nuclear, 3.84% from renewables, 0.81% from non fossil fuel combustion, and 0.02% from fossil fuels.

Less than 50% of Planet Green's biofuel production is advanced biofuel, leading it to fail the biofuel filter

PNM produces 62.6% of its power from fossil fuels, 23.1% from renewables, and 14.3% from nuclear.

Pentair offers products that can help businesses conserve water, a Drawdown solution, but also sells products built specifically for the fossil fuel industry such as fracking fluids. It is unclear which it makes more revenue from.

Pinnacle produces 64.19% of its power from fossil fuels, 27.81% from nuclear, and 8% from renewables.

Portland GE produces 50.19% of its power from fossil fuels, 27.81% from nuclear, 14% from mixed sources, and 8% from renewables. Even if all of the power produced from mixed sources was from renewables, Portland still would not produce > 50% of its power from non fossil fuel sources.

Perma-Pipe International does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.

PPL produces 98.85% of its power from fossil fuels and 1.15% from renewables.

Less than 50% of Rex American's biofuel production is advanced biofuel, leading it to fail the biofuel filter

Resideo tech makes wifi-connected thermostats, but not smart thermostates, the Drawdown solution

Lordstown Motors was credibly accused of fraud by a shortselling investor in 2021

Roper Technologies does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.

Republic derives its revenue in part from recycling, a Drawdown solution, but captures landfill gas at fewer than 50% of its landfills, thus failing the landfill gas filter.

Rexnord does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.

SGOCO made zero revenue from their Drawdown solution, their LED business, in 2020

The Southern produces 68% of its power from fossil fuels, 17% from nuclear, and 15% from coal.

Electrameccanica Vehicles has no sales of electric vehicles to date. It has some sales in its custom build segment, which we categorize as fossil fuel revenue.

Spark produces 59.65% of its power from fossil fuels, 34.47% from nuclear, 4.82% from renewables, 1.03% from non fossil fuel combustion, and 0.03% from fuel cells.

Sociedad Química y Minera de Chile sells fertilizer but not in a way that promotes nutrient management, meaning they do not produce a Drawdown solution.

Stellantis N.V. produces some EVs, a Drawdown solution, but receives the majority of its revenue from traditional ICE vehicles, which we categorize as fossil fuel revenue.

Sterling Construction does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.

TransAlta produces 65% of its power from fossil fuels and 35% from renewables.

Tantech Holdings put a hold on manufacturing electric vehicles, meaning they do not produce a Drawdown solution

Toyota Motor produces some EVs, a Drawdown solution, but receives the majority of its revenue from traditional ICE vehicles, which we categorize as fossil fuel revenue.

Tutor Perini builds military defense facilities, which fails the defense filter because it sells a product/service to the military that is not a Drawdown solution.

Trimble does not build any of its products for EV's specifically, meaning it does not offer a Drawdown solution

Tattooed Chef, sells vegetarian/vegan products, but in order to count towards the Drawdown solution of promoting a plant-based diet, a must not make products that include animal products.

Tata Motors Limited produces some EVs, a Drawdown solution, but receives 99.8% of its revenue from traditional ICE vehicles, which are categorized as fossil fuel revenue.

Uber theoretically enables rideshareing, a Drawdown solution, but in practice likely increases emissions due to drivers going further from their homes daily to service higher paying regions.

Ultralife derives the majority of its revenue from the promotion of electric vehicles and energy storage, both Drawdown solutions, through the sale of lithium batteries and electric vehicle charging solutions. It also makes scopes for rifles and SATCOM communications for the defense industry, leading it to fail the defense filter

Vicor sells defense electronics, which fails the defense filter because it sells a product to the defense industry that is not a Drawdown solution.

Viomi does not sell smart themostats, meaning they do not produce a Drawdown solution

Vista produces 88.4% of its power from fossil fuels, 11.3% from nuclear, and 0.3% from renewables.

WEC produces 62.2% of its power from fossil fuels, 19.6% from nuclear, 8.4% from mixed sources, and 7.4% from renewables. Even if all power produced from mixed sources was from renewables, WEC would still not have >50% power from non fossil fuel sources.

Advanced Drainage Systems does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.

Xcel produces 53% of its power from fossil fuels, 30% from renewables, 13% from nuclear, and 4% from mixed sources. Even if all of the power produced from mixed sources was from renewables, Xcel still would not produce > 50% of its power from non fossil fuel sources.

EnerSys makes and sells batteries for industrial forklifts and other utility vehicles. Their products are a key component of solving climate change.

Workhorse Group makes all-electric delivery trucks and drones for last-mile deliveries. Key ingredient in electrifying transportation in urban areas

nVent sells enclosures, fasteners, thermal management and other products for the electrical grid. A larger grid helps to integrate more renewables

Cement is a major emitter of CO2e. CRH is leading the push towards carbon-neutral cement (commitment by 2050), having already reduced their emissions by 26%.

CVV makes technological products for LEDs, solar cells, and other applications. LEDs are an emission-cutting lighting alternative

Covanta Holding operates facilities that burn waste to produce electricity and recycle industrial waste. Waste-to-energy is an important bridge solution

Belden sells basic connectiviting solutions for energy and telecom, but not products specifically designed to strengthen and expand the grid, and therefore does not produce a Drawdown solution

Graham builds heat pumps, but not high-efficiency heat pumps, meaning they do not produce a Drawdown solution

Gormann-Rupp builds heat pumps, but not high-efficiency heat pumps, meaning they do not produce a Drawdown solution

Lydall creates insulation for things like car interiors to reduce noise, not to help buildings stay temperate, meaning they produce no Drawdown solution

Lucid makes luxury electric sedans in the United States. Its IPO date was less than six months before the 2022 Climate Index update, leading it to be excluded from this years index.

Li-Cycle recycles old lithium-ion batteries to create new ones. Its IPO date was less than six months before the 2022 Climate Index update, leading it to be excluded from this years index.

Rivian makes electric pickup trucks, SUVs, and delivery vehicles. Its IPO date was less than six months before the 2022 Climate Index update, leading it to be excluded from this years index.

The Metals Company mines deep sea metals that are rare and critical for batteries. Its IPO date was less than six months before the 2022 Climate Index update, leading it to be excluded from this years index.