Climate Solution Stocks
The most comprehensive list of climate solution stocks ever made
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Index Status:
As of 2024-04-15
% ALLOCATED  |
Company Type |
Company |
Category |
DESCRIPTION |
|---|---|---|---|---|
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Solar Water
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%20Logo.jpg) A. O. Smith
|
Lacks Sufficient Information
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A. O. Smith sells solar water heaters as well as gas water heaters. They provide no breakdown to see which they generate more revenue from
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0.24%
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Passed Revenue Filter
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AAON sells geothermal/water-source heat pumps, a Drawdown solution. It derives no revenue from products built specifically for the fossil fuel industry.
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4.34%
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Passed Revenue Filter
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ABB makes most of its revenue from grid flexibility and EVs through the sale of substation packages and charging infrastructure. It receives no revenue from products specifically built for the fossil fuel industry.
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-
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Contraceptives
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%20logo.jpeg) Abbvie
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Failed Contraceptive Filter
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Abbvie makes less than 50% of its revenue from contraceptives, thus failing the contraceptives filter.
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0.47%
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Passed Revenue Filter
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Acuity sells lighting and building management products, including LED drivers, power suppliers, inverters, and more, and sells no products specifically to the fossil fuel industry
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-
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Water Distribution
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%20Logo.jpg) Advanced Drainage Systems
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Failed Water Filter
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Advanced Drainage Systems does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
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-
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Energy Storage
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%20Logo.png) Advanced Energy Industries
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No Drawdown Solution
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Advanced Energy Industries, sold their renewables business and therefore no longer produces a Drawdown solution
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0.03%
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Pure Play
|
Advent sells components that influence the performance of hydrogen fuel cells to power, aviataion, automotive markets, and more.
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-
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Net-zero building
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%20Logo.png) AECOM
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Lacks Sufficient Information
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AECOM helps clients achieve net zero emissions in their buildings among other pro-climate projects, but it also works with many oil and gas companies. It is unclear what makes up a majority of its revenue.
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-
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Biomass
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%20Logo.jpg) Aemetis
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Fails Biofuel Filter
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Less than 50% of Aemetis' biofuel production is advanced biofuel, leading it to fail the biofuel filter
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0.02%
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Pure Play
|
Agile makes 100% of its revenue from selling a prescription combination hormonal contraceptive patch.
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||
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0.02%
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Passed Revenue Filter
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Agrify makes its revenue in part from the sale of LED grow lights, a Drawdown solution. It builds no products specifically for the fossil fuel industry.
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0.02%
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Pure Play
|
Agrofresh sells products like packaging solutions that extend the shelf life of food, preventing food waste from the spoilage of produce.
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-
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Energy Storage
|
 Albemarle
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Failed Revenue Filter
|
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.
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0.71%
|
Passed Utility Filter
|
Algonquin produces 68% of its power from renewables and 28% from mixed sources. Even if all power produced from mixed sources was from fossil fuels, Algonquin would still have >50% power from non fossil fuel sources. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
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-
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Electrical Utility
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%20Logo.png) ALLETE
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Lacks Sufficient Information
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Allete did not provide complete enough power generation info to determine if they pass or fail the utility filter
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-
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Electrical Utility
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%20Logo.jpg) Alliant Energy
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Failed Utility Filter
|
Alliant produces 86.29% of its power from fossil fuels and 13.71% from renewables.
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-
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Electrical Utility
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%20Logo.png) Ameren
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Lacks Sufficient Information
|
Ameren did not provide complete enough power generation info to determine if they pass or fail the utility filter
|
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0.26%
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Pure Play
|
Ameresco makes buildings more energy efficient through focus on systems like the HVAC system. It also builds renewable power plants, sells solar PV products, and owns and operates a wind power project.
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-
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Electrical Utility
|
 American Electric Power
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Failed Utility Filter
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American Electric Power produces 73% of its power from fossil fuels, 17% from renewable sources, 7% from nuclear, and 3% from energy efficiency.
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0.02%
|
Passed Revenue Filter
|
Amtech Systems derives its revenue in part from LED lighting, a drawdown solution, through the sale of capital equipment and related consumables for use in LEDs while creating no products specifically for the fossil fuel industry.
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0.07%
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Passed Revenue Filter
|
Apogee sells aluminum frames, architectural glass, and value-added glass and acrylic products that help buildings stay better insulated. It builds no products specifically for the fossil fuel industry.
|
||
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5.00%
|
Passed Revenue Filter
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Applied Materials derives its revenue in part from the promotion of LEDs and solar PVs, through the sale of LED products and products used to manufacture solar PVs. It creates no products specifically for the fossil fuel industry.
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0.02%
|
Pure Play
|
Aqua recycles lead that is primarily used in lead acid batteries, resulting in lead that has greater than 99.9% purity.
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||
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0.03%
|
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.
|
||
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-
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Wind Turbines
|
%20Logo.png) Arcosa
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Failed Revenue 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.
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-
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Biomass
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%20Logo.png) Argan
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Lacks Sufficient Information
|
Argan has a gas fired plant as well as providing services for other Drawdown solutions. It is unclear which it derives more revenue from.
|
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0.17%
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Pure Play
|
Array sells solar tracking systems that use machine learning to identify the best positioning for a solar array to increase energy production.
|
||
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0.66%
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Pure Play
|
Arrival makes 100% of its revenue from electric vans and buses and is developing an electric car in partnership with Uber to electrify ridesharing.
|
||
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-
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Electrical Utility
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%20Logo.png) Atlantic Power
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Failed Utility Filter
|
Atlantic produces 70% of its power from fossil fuels, 20% from non fossil fuel combustion, and 10% from renewables.
|
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0.28%
|
Passed Utility Filter
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Atlantica produces 55.76% of its power from renewables and 44.24% from fossil fuels. None of its power comes from coal and it goes beyond requirements by local regulations on renewable portfolios.
|
||
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0.02%
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Passed Revenue Filter
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Atlas Technical derives some of its revenue from promoting Drawdown solutions like water distribution efficiency. It creates no products specifically for the fossil fuel industry.
|
||
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0.07%
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Pure Play
|
AudioCodes offers software and productivity solutions for virtual work environments, including VoIP network routing solutions, media servers, and value added applications.
|
||
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1.30%
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Passed Utility Filter
|
Avangrid produces 91.95% of its power from renewable sources, 7.42% from fossil fuels, and 0.63% from non fossil fuel combustion. It does not use coal for power generation. It exceeds state regulations.
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Electrical Utility
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%20Logo.png) Avista
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Failed Utility Filter
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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.
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0.02%
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Passed Revenue Filter
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AXT sells semiconductor substrates used in LEDs, thermal imaging, and autonomous vehicles. It makes no products specifically for the fossil fuel industry, thus passing our revenue filter.
|
||
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0.02%
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Pure Play
|
Ayro makes all of its revenue from selling electric vehicles for last-mile delivery, which can access tight areas like university paths and business parks.
|
||
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0.07%
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Passed Utility Filter
|
Azure produces 100% of its power from renewables. It does not use coal to produce any of its power and exceeds what is required by local regulations.
|
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-
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Nuclear Power
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%20Logo.png) AZZ
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No Drawdown Solution
|
AZZ sold their nuclear logistics business and therefore no longer produces a Drawdown solution
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-
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Waste to Energy
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%20Logo.jpg) Babcock & Wilcox Enterprises
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Lacks Sufficient Information
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Babcock & Wilcox produces waste to energy and biomass solutions, both Drawdown solutions. It also works on carbon capture technologies, but not storage which we would define as fossil fuel revenue. A revenue breakdown is not present
|
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0.19%
|
Passed Revenue Filter
|
Badger Meter sells water meters that can help water utilities detect leaks.
|
||
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0.35%
|
Pure Play
|
Ballard sells proton exchange membrane fuel cell to transit bus, rail, critical infrastructure industries, and more.
|
||
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0.24%
|
Passed Revenue Filter
|
Beacon Roofing Supply is included because it sells and distributes insulation products, solar paneling, solar inverters and solar panels mounting hardware, all Drawdown solutions, while deriving no revenue from products specifically made the fossil fuel industry.
|
||
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0.02%
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Pure Play
|
Beam Global sells EV charging solutions, such as an infrastructure product that uses solar power and battery storage to power an EV charging station.
|
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-
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Building Automation
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.png) Belden
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No Drawdown Solution
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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
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0.40%
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Pure Play
|
Beyond Meat sells various plant-based meat products. It has partnered with various fast food chains like McDonald's, KFC, Taco Bell, and Pizza Hut.
|
||
|
-
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Food Waste
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%20Logo.jpg) Bioceres Crop Solutions
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No Drawdown Solution
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Bioceres' products help maximize crop yield, not reduce food waste, leaving them without a Drawdown solution
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0.02%
|
Pure Play
|
BioHiTech sells biodigesters that enable schools, hospitals, and grocery stores to turn organic waste into fertilizer & fuel instead of going to rot in landfills.
|
||
|
-
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Electrical Utility
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%20Logo.png) Black Hills
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Failed Utility Filter
|
Black Hills produces 90.99% of its power from fossil fuels and 9.01% from renewables.
|
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0.09%
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Pure Play
|
Blink operates EV charging stations that are placed in various locations across a wide geographic range. EV owners pay to recharge their vehicles at these stations.
|
||
|
-
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Fuel Cells
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%20Logo.jpg) Bloom Energy
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Failed Revenue Filter
|
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.
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-
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Electric Vehicles
|
%20Logo.png) BorgWarner
|
Failed Revenue Filter
|
BorgWarner produces some solutions for EVs, a Drawdown solution, but makes a much larger portion of its revenue from traditional ICE vehicles.
|
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0.02%
|
Passed Revenue Filter
|
Broadwind derives the majority of its revenue from the promotion of wind energy, a Drawdown solution, through selling steel towers and adapters to wind turbine manufacturers. It receives a smaller portion of its revenue from selling gearing, gearboxes, and systems to the oil and gas industry, which is categorized as fossil fuel revenue.
|
||
|
-
|
Electrical Utility
|
.jpg) Brookfield Infrastructure Partners
|
Lacks Sufficient Information
|
Brookfield Infrastructure did not provide complete enough power generation info to determine if they pass or fail the utility filter
|
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0.96%
|
Passed Utility Filter
|
Brookfield produces 97.24% of its power from renewables and 2.76% from unknown sources. Even if the unknown sources were all fossil fuel, it would still have >50% non fossil fuel power generation. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
|
||
|
0.02%
|
Pure Play
|
Burcon makes plant-based products like plant proteins and dairy alternatives.
|
||
|
-
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Nuclear Power
|
 BWX Technologies
|
Failed Defense Filter
|
BWX performs fabrication activities for missile launch tubes for US submarines, which fails the defense filter as this would be classified as weapons related.
|
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0.61%
|
Pure Play
|
Cameco mines and sells uranium for the purposes of nuclear fuel production.
|
||
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0.16%
|
Pure Play
|
Canadian Solar sells solar ingots, wafers, cells, modules, panels and other solar power products.
|
||
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0.12%
|
Pure Play
|
Canoo makes all of its revenue from a range of electric delivery and mutli-purpose vehicles including an electric skateboard.
|
||
|
-
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Microgrid
|
%20Logo.jpg) Capstone Green Energy
|
Failed Revenue Filter
|
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.
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|
-
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Microgrid
|
%20Logo.jpg) Capstone Turbine
|
Failed Revenue Filter
|
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.
|
|
-
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Net-zero building
|
%20Logo.jpg) Carlisle Companies
|
Failed Defense Filter
|
Carlisle sells in-flight connectivity applications for military aircrafts, which fails the defense filter because it sells a product to the defense industry that is not a Drawdown solution.
|
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2.88%
|
Passed Revenue Filter
|
Carrier sells HVAC products including high efficiency heat pumps. It also sells refrigeration services and building systems like those for carbon monoxide detection.
|
||
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0.28%
|
Passed Revenue Filter
|
Casella Waste Systems derives its revenue in part from recycling, a Drawdown solution, and has landfill gas to energy operations, another Drawdown solution, at over 50% of the landfills it owns. It receives no revenue from products built for the fossil fuel industry.
|
||
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0.02%
|
Pure Play
|
CBAK makes 100% of its revenue from selling lithium batteries that are used in EV, electric tool, and energy storage applications.
|
||
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-
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Electrical Utility
|
%20Logo.png) CenterPoint Energy
|
Failed Utility Filter
|
CenterPoint produces 99.6% of its power from fossil fuels, 0.23% from non fossil fuel combustion, and 0.16% from renewables.
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-
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Electrical Utility
|
%20Logo.png) Centrais Elétricas Brasileiras - Eletrobrás
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Failed Utility Filter
|
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.
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-
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Electrical Utility
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%20Logo.png) Central Puerto
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Failed Utility Filter
|
Central Puerto produces 67.13% of its power from fossil fuels and 32.87% from renewables.
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0.05%
|
Pure Play
|
Centrus sells various components of nuclear fuel eg. parts of low-enriched uranium, and the provision of technical solutions to deploy advanced nuclear fuel production capabilities.
|
||
|
-
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Nutrient Management
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%20Logo.jpg) CF Industries Holdings
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No Drawdown Solution
|
CF Industries creates nitrogen products for agriculture but they do not help promote nutrient management, a Drawdown solution
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0.50%
|
Pure Play
|
ChargePoint sells EV charging solutions like smart charging stations for electric vehicles, which can be used by fleets or individual owners.
|
||
|
-
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Waste to Energy
|
%20Logo.png) China Recycling Energy
|
Lacks Sufficient Information
|
China Recycling Energy conducts waste to energy operations, but also utilizes gas from coal mining, which is considered as fossil fuel revenue. A revenue breakdown is not present.
|
|
-
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Bioplastics
|
%20Logo.png) China XD Plastics
|
Failed Revenue Filter
|
China XD Plastics Limited derives the majority of its revenue from traditional plastics like polypropylene.
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|
-
|
Contraceptives
|
%20Logo.png) Church & Dwight
|
Failed Contraceptive Filter
|
Church & Dwight owns Trojan condoms, but makes less than 50% of its revenue from them, thus failing to pass the contraception filter.
|
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0.05%
|
Passed Revenue Filter
|
CleanSpark sells distributed energy systems and microgrids, which help optimize energy consumption. It also provides a variety of digital services, including creative design.
|
||
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0.02%
|
Pure Play
|
ClearOne sells audio conferencing products, as well as sound-reinforcement products that help with connecting virtually.
|
||
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0.45%
|
Passed Utility Filter
|
Clearway produces 62.68% of its power from renewables and 37.32% from fossil fuels. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
|
||
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-
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Electrical Utility
|
%20Logo.jpeg) CMS Energy
|
Failed Utility Filter
|
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.
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|
-
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Biofuels
|
 CN Energy Group
|
Fails Biofuel Filter
|
Less than 50% of CN Energy Group's biofuel production is advanced biofuel, leading it to fail the biofuel filter
|
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0.21%
|
Passed Revenue Filter
|
Comfort Systems USA derives revenue from replacing old HVAC systems with more efficient systems, a Drawdown solution, while creating no products specifically for the fossil fuel industry.
|
||
|
0.24%
|
Passed Revenue Filter
|
Commercial Metals recycles steel and metal products, a Drawdown solution, while building no products specifically for the fossil fuel industry.
|
||
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1.53%
|
Passed Utility Filter
|
Companhia Energética de Minas Gerais produces 100% of its power from renewable sources. It exceeds state regulations.
|
||
|
-
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Electrical Utility
|
%20Logo.png) Consolidated Edison
|
Failed Utility 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.
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|
-
|
LED
|
.jpg) Corning
|
Lacks Sufficient Information
|
Corning produces LED products and also emissions control products for the fossil fuel industry. It is unclear which is a greater percentage of the revenue.
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|
-
|
Food Waste
|
%20Logo.png) Corteva
|
No Drawdown Solution
|
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
|
|
-
|
Waste to Energy
|
.png) Covanta
|
Failed Revenue Filter
|
Covanta was acquired by a private entity on Dec 1, 2021 and is therefore removed from the Climate Index. Covanta makes a large portion of its revenue from waste to energy operations, a Drawdown solution. While it does own landfills which do not have >=50% landfill gas capture, these are for the purpose of ash disposal from its WtE operations and it does not appear revenue is derived from these landfills.
|
|
-
|
LED
|
.png) Cree
|
Failed Defense Filter
|
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.
|
|
-
|
Alternative Cement
|
.png) CRH
|
Failed Revenue Filter
|
High-Performance Glass is a small part of their revenue. CRH still makes most of its revenue from conventional cement, concrete and asphalt. They're investing in alternative cement that's lower emission, that's still under 15% of the total material they use to make cement
|
|
0.02%
|
Pure Play
|
Crown's glass changes its opacity and reflectiveness in response to outside weather conditions. Unlike others, Crown's glass also allows for manual control
|
||
|
0.14%
|
Passed Revenue Filter
|
CSW Industrials manufactures products to make HVAC/R systems more efficient, a climate solution, and derives a large portion of its revenue from those products. It derives a much smaller portion of its revenue from sales to oilfields; this would be considered fossil fuel revenue.
|
||
|
-
|
Electric Vehicles
|
%20Logo.png) Cummins
|
Failed Revenue 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.
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|
-
|
LED
|
.jpg) CVD Equipment
|
Failed Defense Filter
|
CVD sells MesoPlasma™ printing services and products (heaters, antennas, and sensors) to the defense industry, which fails the revenue filter because it sells something to the defense industry that is not a Drawdown solution.
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|
-
|
LED
|
 Daktronics
|
No Drawdown Solution
|
Daktronics sells LED displays for various purposes like sports, architecture, and more.
|
|
-
|
Electric Vehicles
|
%20Logo.jpg) Dana
|
Lacks Sufficient Information
|
Dana sells both EV and ICE parts. A revenue breakdown between those two segments is not provided.
|
|
0.09%
|
Pure Play
|
Danimer produces bio-based plastics using microorganisms to create polyesters by feeding them inexpensive plant oils.
|
||
|
0.36%
|
Pure Play
|
Daqo sells high purity polysilicon used in solar photovoltaics to photovoltaic manufacturers.
|
||
|
-
|
Efficient Aviation
|
%20Logo.png) Delta Air Lines
|
No Drawdown Solution
|
While Delta is known for its forward thinking stance on climate, it does not derive any revenue from its sustainability initiatives.
|
|
0.28%
|
Passed Revenue Filter
|
Diodes sells discrete semiconductor products, which are heavily used in the consumer electronics industry, as well as analog products comprising power management devices like LED lighting drivers, which are crucial to an LED circuit.
|
||
|
3.49%
|
Pure Play
|
DocuSign provides an e-signature solution allows for digital signing of agreements and documents, saving many sheets of paper and transit miles
|
||
|
-
|
Electrical Utility
|
%20Logo.png) Dominion Energy
|
Lacks Sufficient Information
|
Dominion did not provide complete enough power generation info to determine if they pass or fail the utility filter
|
|
-
|
Bioplastics
|
%20Logo.png) Dow
|
Lacks Sufficient Information
|
Dow makes both traditional and bioplastics. A revenue breakdown is not present.
|
|
-
|
Electrical Utility
|
%20Logo.jpg) DTE Energy
|
Failed Utility Filter
|
DTE produces 67.13% of its power from fossil fuels, 21.07% from nuclear, 10.26% from nuclear, and 1.54% from renewables.
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|
-
|
Electrical Utility
|
%20Logo.png) Duke Energy
|
Failed Utility Filter
|
Duke Energy produces 61% of its power from fossil fuels, 37% from nuclear, and 2% from renewable.
|
|
-
|
Solar PVs
|
%20Logo.png) DuPont de Nemours
|
Failed Revenue Filter
|
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.
|
|
4.19%
|
Passed Revenue Filter
|
Eaton derives the majority of its revenue from improving grid flexibility, a Drawdown solution, through the sale of various electrical and power products. It receives a smaller portion of its revenue from the automotive industry, which would be categorized as fossil fuel revenue.
|
||
|
-
|
Water Distribution
|
 Ecolab
|
Failed Revenue Filter
|
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
|
|
-
|
Electrical Utility
|
%20Logo.jpg) Edison International
|
Lacks Sufficient Information
|
Edison International did not provide complete enough power generation info to determine if they pass or fail the utility filter
|
|
-
|
Electric Vehicles
|
.png) Electrameccanica Vehicles
|
Failed Revenue Filter
|
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.
|
|
-
|
Electrical Utility
|
%20Logo.jpg) Ellomay Capital
|
Failed Utility Filter
|
Ellomay produces 75.5% of its power from fossil fuels, 15.6% from renewables, and 8.5% from non fossil fuel combustion.
|
|
-
|
LED
|
%20Logo.jpg) eMagin
|
Failed Defense Filter
|
eMagin sells weapons sights, which fails the defense filter because this would be categorized as a weapons-related sale.
|
|
-
|
Smart Thermostat
|
%20Logo.png) Emerson Electric
|
Lacks Sufficient Information
|
Emerson Electric Co. produces smart thermostats, a Drawdown solution, but also sells certain products to the oil and gas industry. It is unclear which segment it makes more revenue from.
|
|
-
|
Electrical Utility
|
%20Logo.jpg) Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
|
Lacks Sufficient Information
|
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima did not provide complete enough power generation info to determine if they pass or fail the utility filter
|
|
-
|
Solar PVs
|
%20Logo.png) Enbridge
|
Failed Revenue Filter
|
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.
|
|
-
|
Electrical Utility
|
 Enel Américas
|
Failed Utility Filter
|
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.
|
|
0.19%
|
Passed Utility Filter
|
Enel Chile 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, 4.9% of its power comes from coal, but it has a plan to shut down its coal plants within the next 3 years. It exceeds state regulations.
|
||
|
-
|
LED
|
%20Logo.png) Energizer Holdings
|
No Drawdown Solution
|
Energizer Holdings, makes only batteries for household products and lighting products for flashlights and headlamps, neither of which are Drawdown solutions.
|
|
0.02%
|
Pure Play
|
Energy Focus makes a variety of LED products, such as replacements for fluorescent lamps and retrofits for military facilities.
|
||
|
-
|
Grid Expansion
|
 EnerSys
|
Failed Defense Filter
|
EnerSys sells missiles and smart weapons, which fails the defense filter since it sells weapons to the defense industry.
|
|
2.00%
|
Pure Play
|
Enphase sells microinverters, energy monitoring software, and AC battery storage systems to solar distributors, OEMs, homeowners, and more.
|
||
|
-
|
Electrical Utility
|
%20Logo.png) Entergy
|
Failed Utility Filter
|
Entergy produces 61.76% of its power from fossil fuels, 38.01% from nuclear, and 0.23% from renewables.
|
|
0.03%
|
Pure Play
|
Eos makes 100% of its revenue from selling battery storage solutions to utilities (and other customers). Its batteries have 98.2% of capacity retained annually.
|
||
|
-
|
Wind Turbines
|
%20Logo.png) ESCO Technologies
|
Failed Defense Filter
|
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.
|
|
-
|
Water Distribution
|
%20Logo.jpg) Euro Tech Holdings
|
Failed Water Filter
|
Euro Tech Holdings does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
|
|
-
|
Electrical Utility
|
%20Logo.png) Evergy
|
Failed Utility Filter
|
Evergy produces 50% of its power from fossil fuels, 29% from renewables, and 21% from nuclear.
|
|
-
|
Electrical Utility
|
%20Logo.png) Eversource Energy
|
Failed Utility Filter
|
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.
|
|
0.02%
|
Pure Play
|
Evofem makes 100% of it's revenue from a contraceptive gel. They are also working on a vaginal gel that reduces certain infections.
|
||
|
-
|
Water Distribution
|
%20Logo.jpg) Evoqua Water Technologies
|
Failed Water Filter
|
Evoqua Water Technologies does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
|
|
3.32%
|
Passed Utility Filter
|
Exelon produces 60.25% of its power from nuclear, 29.77% from fossil fuels, 9.62% from nuclear, and 0.36% from non fossil fuel combustion. It produces no power from coal and exceeds what is required of it by state regulations.
|
||
|
0.02%
|
Pure Play
|
EZGO generates 100% of its revenue from selling e-bicycles, e-tricycles, and lithium batteries to the fast-growing Chinese market.
|
||
|
0.82%
|
Pure Play
|
First Solar sells its unique glass cadmium telluride solar modules as well as power plant solutions.
|
||
|
-
|
Electrical Utility
|
%20Logo.png) FirstEnergy
|
Failed Utility Filter
|
FirstEnergy produces over 95% of its power from fossil fuels. The rest is from renewables.
|
|
0.30%
|
Pure Play
|
Fisker generates 100% of its revenue from selling and leasing luxury and high end electric vehicles.
|
||
|
-
|
Nutrient Management
|
 Flexible Solutions International
|
Lacks Sufficient Information
|
Flexible Solutions International produces nitrogen conservation products, a Drawdown solution, but also produces products for the oil and gas industries. A revenue breakdown is not present
|
|
0.02%
|
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.
|
||
|
-
|
Food Waste
|
%20Logo.png) FMC
|
No Drawdown Solution
|
FMC's products help protect crops from pests, not reduce food waste, leaving them without a Drawdown solution
|
|
-
|
Electric Vehicles
|
%20Logo.png) Ford Motor
|
Failed Revenue Filter
|
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.
|
|
-
|
Electrical Utility
|
%20Logo.jpg) Fortis
|
Lacks Sufficient Information
|
Fortis did not provide complete enough power generation info to determine if they pass or fail the utility filter
|
|
-
|
Water Distribution
|
%20Logo.png) Franklin Electric
|
Failed Water Filter
|
Franklin Electric does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
|
|
0.05%
|
Pure Play
|
FTC Solar sells solar tracking systems that identifies the best positioning for a solar array to increase energy production.
|
||
|
-
|
Microgrid
|
.jpg) FuelCell Energy
|
Lacks Sufficient Information
|
FuelCell energy makes hydrogen fuel cells, a Drawdown solution. They also sell carbon capture services (but not storage) to the oil and gas industry, which we categorize as fossil fuel revenue. A revenue breakdown between the two is not present
|
|
0.02%
|
Pure Play
|
Fusion Fuel Green makes green hydrogen, while producing zero carbon emissions. While it does sell to natural gas networks, this is to replace fossil fuels with green hydrogen to help them meet decarbonization goals and therefore is not considered fossil fuel revenue.
|
||
|
-
|
Biofuels
|
%20Logo.png) FutureFuel
|
Fails Biofuel Filter
|
Less than 50% of FutureFuel's biofuel production is advanced biofuel, leading it to fail the biofuel filter
|
|
-
|
Energy Storage
|
%20Logo.jpg) Generac Holdings
|
Lacks Sufficient Information
|
Generac Holdings derives part of its revenue from the Drawdown solution of energy storage. It however has fossil fuel profucts and a large natural gas customer base that is not quantified and no revenue breakdown for that segment is present.
|
|
-
|
Wind Turbines
|
%20Logo.png) General Electric
|
Failed Revenue 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.
|
|
-
|
Electric Vehicles
|
%20Logo.png) General Motors
|
Failed Revenue 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.
|
|
-
|
Electrical Utility
|
%20Logo.jpg) Genie Energy
|
Lacks Sufficient Information
|
Genie Energy did not provide complete enough power generation info to determine if they pass or fail the utility filter
|
|
-
|
Electric Vehicles
|
%20Logo.png) Genuine Parts
|
Failed Revenue Filter
|
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.
|
|
-
|
Efficient Aviation
|
 Gevo
|
Fails Biofuel Filter
|
Less than 50% of Gevo's biofuel production is advanced biofuel, leading it to fail the biofuel filter
|
|
1.06%
|
Passed Revenue Filter
|
GFL Environment recycles steel and metal products, a Drawdown solution, while deriving no revenue from products created specifically for the fossil fuel industry.
|
||
|
0.14%
|
Passed Revenue Filter
|
Gibraltar Industries derives its revenue in part from solar PVs, a drawdown solution, through the sale of solar racking and electrical balance of systems, while creating no products specifically for the fossil fuel industry.
|
||
|
-
|
Heat Pumps
|
%20Logo.jpg) Graham
|
No Drawdown Solution
|
Graham builds heat pumps, but not high-efficiency heat pumps, meaning they do not produce a Drawdown solution
|
|
-
|
Water Distribution
|
%20Logo.png) Granite Construction
|
Failed Water Filter
|
Granite Construction does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
|
|
-
|
Biofuels
|
%20Logo.jpg) Green Plains
|
Fails Biofuel Filter
|
Less than 50% of Green Plain's biofuel production is advanced biofuel, leading it to fail the biofuel filter
|
|
-
|
Electric Vehicles
|
%20logo.jpg) Greenland Technologies Holding
|
No Drawdown Solution
|
Greenland Technologies Holding has yet to produce any electric vehicles since that division was opened in December 2020.
|
|
0.02%
|
Pure Play
|
GreenPower generates 100% of its revenue from electric vehicles for passenger, student, and cargo transportation.
|
||
|
0.30%
|
Pure Play
|
Hannon Armstrong only invests in sustainable projects, from building energy efficient to solar and wind farms.
|
||
|
0.09%
|
Passed Revenue Filter
|
Harsco generates 82% of its revenue from industrial recycling and waste management services, and the rest from maintenance, repair, and construction services for railway tracks.
|
||
|
-
|
Electrical Utility
|
%20Logo.jpg) Hawaiian Electric Industries
|
Failed Utility Filter
|
Hawaiian Electric produces 71.6% of its power from fossil fuels, 23.9% from renewables, and 4.5% from non fossil fuel combustion.
|
|
-
|
Water Distribution
|
%20Logo.png) Helios Technologies
|
Failed Water Filter
|
Helios Technologies does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
|
|
0.02%
|
Passed Revenue Filter
|
Highway Holdings does metal stampings and manufactures a variety of mechnical and electronic products, including LED power supplies, otherwise known as LED drivers.
|
||
|
-
|
Hybrid Cars
|
%20Logo.png) Honda Motor
|
Failed Revenue 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.
|
|
-
|
Smart Thermostat
|
%20Logo.jpg) Honeywell International
|
Failed Defense Filter
|
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.
|
|
-
|
Electrical Utility
|
%20Logo.png) Huaneng Power International
|
Lacks Sufficient Information
|
Huaneng Power did not provide complete enough power generation info to determine if they pass or fail the utility filter
|
|
-
|
Grid Expansion
|
%20Logo.jpg) Hubbell
|
Lacks Sufficient Information
|
Hubbell derives a large part of its revenue from producing solutions that enhance Grid Flexibility, but also has customers in the gas industry whose portion of the revenue is not specified.
|
|
0.02%
|
Pure Play
|
Hudson provides various refrigerant management solutions, including reclamation of refrigerants and hydrostatic testing which checks for leaks.
|
||
|
-
|
Electric Vehicles
|
%20Logo.png) Hyliion Holdings
|
Lacks Sufficient Information
|
Hyliion Holdings derives its revenue by selling electrified and hybrid powertrain solutions, a Drawdown solution, but also sells powertrain systems that can be fueled with CNG, which is considered fossil fuel revenue. The revenue breakdown between these products is not provided.
|
|
0.52%
|
Pure Play
|
IAA allows for the sale of total loss, damaged, and low-value vehicles, as well as their parts, limiting automotive waste and reducing the need for new manufacturing.
|
||
|
-
|
Electrical Utility
|
%20Logo.png) IDACORP
|
Failed Utility 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.
|
|
0.05%
|
Passed Revenue Filter
|
Ideanomics generated 74.6% of its revenue from EVs and EV charging infrastructure and 19.3% from traditional combustion vehicles in 2020.
|
||
|
0.05%
|
Water Distributionlt
|
.png) IDEX
|
No Drawdown Solution
|
IDEX produces fluid and metering technologies, but not water conservation technologies, meaning they do not produce a Drawdown solution.
|
|
-
|
Wind Turbines
|
%20Logo.jpg) IES Holdings
|
Lacks Sufficient Information
|
IES Holdings services both wind energy projects and solar projects, both Drawdown solutions. It also services refineries, which are categorized as fossil fuel revenue. It is unclear which takes up a greater portion of the revenue.
|
|
0.03%
|
Passed Revenue Filter
|
IEA generates 65.2% of its revenue from installing and restoring infrastructure services for wind and solar industries. It also offers heavy civil construction services like road and bridge construction.
|
||
|
0.24%
|
Passed Revenue Filter
|
Installed Building Products sells insulation products, including fiberglass, cellulose, and spray foam. It also sells advanced caulk and sealant products.
|
||
|
0.02%
|
Passed Revenue Filter
|
iSun sells solar engineering, procurement and construction services. It also has an electrical and data segment that is separate from its solar offerings.
|
||
|
0.23%
|
Passed Revenue Filter
|
Itron generates 60.8% of its revenue from device solutions that deal with water measurement and control and networked solutions like smart meters and leak detection products. It builds no products specifically for the fossil fuel industry.
|
||
|
0.17%
|
Pure Play
|
Jinko sells solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also constructs solar projects for power production.
|
||
|
0.02%
|
Pure Play
|
Jiuzi makes all of its revenue from selling EVs and EV sales franchines in China, one of the fastest growing automobile markets on the planet.
|
||
|
3.34%
|
Passed Revenue Filter
|
Manufactures heat pumps and HVAC solutions
|
||
|
0.07%
|
Pure Play
|
Kaltura offers video products that are heavily used in distance learning for virtual classrooms.
|
||
|
0.02%
|
Passed Revenue Filter
|
Kandi generated 61.2% of its revenue from EV parts and electric scooters and 38.8% from traditional offroad vehicles in 2020.
|
||
|
-
|
Bioplastics
|
%20Logo.png) Karat Packaging
|
Lacks Sufficient Information
|
Karat Packaging produces packaging with both traditional and bioplastics. It is unclear which of the two comprise a majority of the revenue.
|
|
-
|
Electrical Utility
|
%20Logo.png) Kenon Holdings
|
Lacks Sufficient Information
|
Kenon Holdings did not provide complete enough power generation info to determine if they pass or fail the utility filter
|
|
-
|
Electrical Utility
|
%20Logo.jpg) Korea Electric Power
|
Lacks Sufficient Information
|
Korea Electric Power did not provide complete enough power generation info to determine if they pass or fail the utility filter
|
|
0.02%
|
Pure Play
|
KULR sells thermal management technologies that are used in the lithium-ion batteries to ensure they stay within safe operating temperatures.
|
||
|
0.02%
|
Pure Play
|
Laird sells plant-based food, such as hydrate coconut water and renew plant-based proteins.
|
||
|
-
|
Hybrid Cars
|
%20Logo.png) Lear
|
Failed Revenue Filter
|
Lear manufactures some electrification products, but 94.1% of its revenue comes from acting as a supplier for traditional automotives.
|
|
0.69%
|
Passed Revenue Filter
|
Lennox sells HVAC systems, which include high effiiciency heat pumps and air conditioners. They also sell refrigeration systems.
|
||
|
-
|
LED
|
.png) LG Display
|
No Drawdown Solution
|
The LEDs that LG makes are all used in their TV and smartphone displays. Tech displays are not a Drawdown solution.
|
|
2.17%
|
Pure Play
|
Li Auto generates 100% of its revenue from selling electric SUV's and luxury vehicles in China, one of the fastest growing markets for SUV's
|
||
|
-
|
Energy Storage
|
.png) Li-Cycle
|
Recent IPO
|
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.
|
|
0.02%
|
Pure Play
|
Lighbridge focuses on the development of metallic nuclear fuels, which are safer and more economical, while effectively reducing carbon emissions.
|
||
|
0.03%
|
Pure Play
|
Lightning eMotors makes electric fleet medium- and heavy-duty vehicles, such as delivery trucks and shuttle buses, as well as charging stations for EVs.
|
||
|
0.02%
|
Passed Revenue Filter
|
Limbach sells a variety of building solutions, including performing energy audits and retrofits, a Drawdown solution.
|
||
|
-
|
Perennial Staple
|
%20Logo.png) Limoneira
|
Failed Revenue Filter
|
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.
|
|
-
|
Efficient Irrigation
|
.png) Lindsay
|
No Drawdown Solution
|
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.
|
|
-
|
Energy Storage
|
%20Logo.jpg) Littelfuse
|
Lacks Sufficient Information
|
Littelfuse, sells products used in EVs and related infrastructure, but also has end markets in the traditional auto industry, as well as the oil and gas industry. A revenue breakdown is not present.
|
|
0.30%
|
Pure Play
|
Livent generates 100% of its revenue from selling lithium compounds with their primary use being lithium batteries.
|
||
|
1.02%
|
Pure Play
|
LKQ scraps totalled cars and sell the reclaimed replacement parts such as bumpers, transmissions, and suspension products, which help reduce waste generation.
|
||
|
0.05%
|
Pure Play
|
Loop converts waste polyethylene terephthalate (PET), often used in food packaging, into virgin quality PET.
|
||
|
-
|
Electric Vehicles
|
%20Logo.png) Lordstown Motors
|
Fraud
|
Lordstown Motors was credibly accused of fraud by a shortselling investor in 2021
|
|
0.02%
|
Passed Revenue Filter
|
LSI generates 67% of its revenue from LEDs for general use in parking garages and restaurants, and the rest from visual image elements for graphic displays.
|
||
|
-
|
Electric Vehicles
|
-1.png) Lucid Motors
|
Recent IPO
|
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.
|
|
-
|
Insulation
|
%20Logo.gif) Lydall
|
No 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
|
|
-
|
Carpooling
|
%20Logo.jpg) Lyft
|
No 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.
|
|
0.05%
|
Passed Revenue Filter
|
Magnachip Semiconductor derives its revenue in part from the promotion of LEDs and solar PVs, through the sale of LED products and products used with solar PVs. It creates no products specifically for the fossil fuel industry.
|
||
|
-
|
Food Waste
|
%20Logo.jpg) Marrone Bio Innovations
|
No Drawdown Solution
|
Maronne Bio's products help protect crops from pests, not reduce food waste, leaving them without a Drawdown solution
|
|
0.42%
|
Passed Revenue Filter
|
MasTec derives 32.2% of its revenue from promoting wind and solar energy, as well as grid flexibility, all Drawdown solutions, through the installation and construction of power generation facilities and the maintenance of electrical transmission lines and substations. It receives a smaller portion of its revenue (28.3%) for constructing and maintaining pipelines and processing facilities for the fossil fuel industry.
|
||
|
0.07%
|
Pure Play
|
Maxeon sells solar panels and other related components. It has over 1000 solar patents.
|
||
|
-
|
Electrical Utility
|
%20Logo.jpg) MDU Resources Group
|
Failed Utility Filter
|
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.
|
|
0.02%
|
Pure Play
|
Meatech 3D develops cultured meat products without animal slaughtering. In this process stem cells are collected without harming the animals, grown in reactors, diffentiated into fat and muscle cells, and finally formed into unstructured cultured meat products.
|
||
|
-
|
Contraceptives
|
%20Logo.jpg) Merck & Co
|
Failed Contraceptive Filter
|
Merck sells prescription medicines, vaccines, animal health products, and more and makes less than 50% of its revenue from contraceptives
|
|
-
|
LED
|
%20Logo.jpg) Methode Electronics
|
No Drawdown Solution
|
Methode sells electronic components like LEDs and sensors to automotive OEMS, external lighting solutions, and telecommunications products.
|
|
-
|
Electrical Utility
|
%20Logo.png) MGE Energy
|
Failed Utility Filter
|
MGE produces 85.93% of its energy from fossil fuels and 14.07% from renewables.
|
|
0.10%
|
Passed Utility Filter
|
Montauk produces 100% of its power from non fossil fuel combustion. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
|
||
|
-
|
Water Distribution
|
%20Logo.jpg) Montrose Environmental Group
|
Lacks Sufficient Information
|
Montrose helps clients deal with water distribution issues among other pro-climate projects, but it also works with many oil and gas companies. It is unclear what makes up a majority of its revenue.
|
|
-
|
Water Distribution
|
 Mueller Industries
|
Failed Water Filter
|
Mueller Industries does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
|
|
-
|
Water Distribution
|
.png) Mueller Water Products
|
Lacks Sufficient Information
|
Mueller Water Products, sells water leak detection systems, a Drawdown solution, but also has an infrastructure segment that has some customers in the natural gas industry. A breakdown of that segment is not present.
|
|
-
|
Grid Expansion
|
 MYR Group
|
Lacks Sufficient Information
|
limited gas construction services in T&D segment. No further breakdown of end-markets is given
|
|
-
|
Electrical Utility
|
%20Logo.jpg) National Grid
|
Lacks Sufficient Information
|
Korea Electric Power did not provide complete enough power generation info to determine if they pass or fail the utility filter
|
|
0.21%
|
Passed Revenue Filter
|
NexGen owns uranium exploration & development projects in Canada, and wholly or partially owns 4 subsidiaries that are engaged in the same business. But NXE is a capital pool . IPO'd on NYSE in March 2017. NexGen is still in the exploration and development stage and has not yet made any revenue.
|
||
|
5.00%
|
Passed Utility Filter
|
NextEra produces 49.98% of its power from fossil fuels, 39.42% from renewables, 10.59% from nuclear, and 0.01% from non fossil fuel combustion. While it passes the generation mix criteria of > 50% non fossil fuel sources, 2.47% of its power comes from coal, but it has a plan to shut down its coal plants within the next 3 years. It exceeds state regulations.
|
||
|
0.42%
|
Passed Utility Filter
|
NextEra Energy Partners produces 100% of its power from renewables. None of its power comes from coal and it goes beyond requirements by local regulations on renewable portfolios.
|
||
|
-
|
Electric Vehicles
|
%20Logo.png) Nikola
|
Fraud
|
Nikola was credibly accused of fraud by whistleblower investors in 2020
|
|
4.12%
|
Pure Play
|
NIO produces electric SUVs and sedans for the Chinese market plus enable customers to swap their batteries using a subscription instead of needing to recharge.
|
||
|
-
|
Electrical Utility
|
%20Logo.png) NiSource
|
Failed Utility Filter
|
NiSource produces 97.1% of its power from fossil fuels and 2.92% from renewables.
|
|
0.12%
|
Pure Play
|
Niu generates 100% of its revenue from selling their electric-scooters. They have over 800,000 active riders using their products.
|
||
|
-
|
Electrical Utility
|
%20Logo.gif) NorthWestern
|
Failed Utility Filter
|
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.
|
|
-
|
Electrical Utility
|
%20Logo.jpg) NRG Energy
|
Failed Utility Filter
|
NRG produces 86% of its power from fossil fuels, 9% from renewables, and 5% from nuclear.
|
|
0.02%
|
Pure Play
|
Nuvve sells vehicle to grid technology that allows EV owners to store and resell energy to the grid.
|
||
|
-
|
Water Distribution
|
%20Logo.jpg) NV5 Global
|
Lacks Sufficient Information
|
NV5 helps clients achieve net zero emissions in their buildings and deal with water distribution issues among other pro-climate projects, but it also works with many oil and gas companies. It is unclear what makes up a majority of its revenue.
|
|
-
|
Grid Expansion
|
.png) nVent Electric
|
Failed Defense Filter
|
nVent Electric sells military aerospace systems, battlefield networks and shipboard targeting systems, and combat aircrafts, which fails the defense filter since these products would be classified as weapons related.
|
|
0.02%
|
Passed Revenue Filter
|
O2Micro sells integrated circuits that have many applications including LEDs, zero emission vehicles, phones, and more.
|
||
|
0.49%
|
Pure Play
|
Oatly sells plant-based dairy products made from oats.
|
||
|
-
|
Contraceptives
|
%20Lovo.jpg) ObsEva SA
|
No Drawdown Solution
|
ObsEva makes health and pregnacy-related products, but not contraceptives, meaning it does make a Drawdown solution
|
|
-
|
Ocean Power
|
 Ocean Power Technologies
|
Failed Revenue Filter
|
Ocean Power Technologies utilizes ocean power to provide electricity, a Drawdown solution. But 87% of its revenue comes from servicing the fossil fuel industry.
|
|
-
|
Electrical Utility
|
%20Logo.jpg) OGE Energy
|
Failed Utility Filter
|
OGE produces 89% of its power from fossil fuels and 11% from renewables.
|
|
-
|
Electric Vehicles
|
.png) ON Semiconductor
|
No Drawdown Solution
|
ON manufacturs semiconductors for many industries, none of them specifically being Drawdown solutions.
|
|
0.02%
|
Passed Revenue Filter
|
Orbital gnerated 55.9% of its revenue from engineering, procurement, and construction services for utility-scale solar and the maintenance of electric power transmission and distribution infrastructure. It made 44.1% from designs, installs, and commissions industrial gas sampling, measurement and delivery systems.
|
||
|
0.02%
|
Passed Revenue Filter
|
Orion Energy Systems, derives its revenue in part from LED lighting products and works on retrofit projects, both of which are Drawdown solutions. It creates no products specifically for the fossil fuel industry.
|
||
|
0.26%
|
Pure Play
|
Ormat produces goethermal energy systems that enable utilities to generate electricity using the heat of the earth.
|
||
|
-
|
Electrical Utility
|
%20Logo.png) Otter Tail
|
Failed Utility Filter
|
Otter Tail produces 70.68% of its power from fossil fuels and 29.32% from renewables.
|
|
0.61%
|
Passed Revenue Filter
|
Owens Corning derives its revenue in part from insulation, a drawdown solution, while receiving no revenue from products specifically for the fossil fuel industry. The rest of its revenue comes from other building products like glass fiber materials.
|
||
|
-
|
Electrical Utility
|
%20Logo.jpg) Pampa Energía
|
Failed Utility Filter
|
Pampa produces 85% of its power from fossil fuels and 15% from renewables.
|
|
-
|
Water Distribution
|
 Pentair
|
Failed Water Filter
|
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.
|
|
-
|
Water Distribution
|
Perma-Pipe International
|
Failed Water Filter
|
Perma-Pipe International does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
|
|
-
|
Contraceptives
|
%20Logo.png) Pfizer
|
Lacks Sufficient Information
|
It is unclear what the revenue breakdown of Pfizer's contraceptive and non-contraceptive products is.
|
|
1.48%
|
Passed Utility Filter
|
PG&E produces 52% of its power from renewables, 44% from nuclear, and 3% from non fossil fuel combustion. It does not produce any of its power from coal and goes beyond what is required by state regulation for energy portfolios.
|
||
|
0.09%
|
Passed Revenue Filter
|
PGT sells aluminum frames, energy efficient glass, and other window related products that helps buildings save energy through better insulation
|
||
|
-
|
Electrical Utility
|
%20Logo.jpg) Pinnacle West Capital
|
Failed Utility Filter
|
Pinnacle produces 64.19% of its power from fossil fuels, 27.81% from nuclear, and 8% from renewables.
|
|
-
|
Biofuels
|
%20Logo.png) Planet Green Holdings
|
Fails Biofuel Filter
|
Less than 50% of Planet Green's biofuel production is advanced biofuel, leading it to fail the biofuel filter
|
|
1.41%
|
Pure Play
|
Plug Power develops hydrogen fuel cell turnkey solutions through hydrogen fueling systems, proton exchange membrane technologies, and more.
|
||
|
-
|
Electrical Utility
|
%20Logo.png) PNM Resources
|
Failed Utility Filter
|
PNM produces 62.6% of its power from fossil fuels, 23.1% from renewables, and 14.3% from nuclear.
|
|
-
|
Grid Expansion
|
%20Logo.png) Polar Power
|
Lacks Sufficient Information
|
Polar Power, manufactures DC power systems that help with grid flexibility, a Drawdown solution, but diesel, natural gas, and propane appear to the predominant formats. A revenue breakdown is not present.
|
|
-
|
Electrical Utility
|
%20Logo.jpg) Portland General Electric
|
Failed Utility Filter
|
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.
|
|
0.40%
|
Passed Revenue Filter
|
Power Integrations sells analog and mixed-signal integrated circuits among other electronic circuitry, applications of which include LCD monitors, computers, and LED lighting.
|
||
|
-
|
Electrical Utility
|
%20Logo.png) PPL
|
Failed Utility Filter
|
PPL produces 98.85% of its power from fossil fuels and 1.15% from renewables.
|
|
0.02%
|
Passed Revenue Filter
|
Preformed Line Products derives the majority of its revenue from improving grid flexibility, a Drawdown solution, through the maintenance of energy networks, while creating no products specifically for the fossil fuel industry.
|
||
|
0.16%
|
Pure Play
|
Proterra generates 100% of its revenue from building and selling electric vehicles, including electric buses used in mass transit
|
||
|
-
|
Electrical Utility
|
%20Logo.jpg) Public Service Enterprise Group
|
Failed Utility Filter
|
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.
|
|
0.10%
|
Pure Play
|
PureCycle converts waste polypropylene (PP), often used in packaging and clothing, into virgin quality PP.
|
||
|
0.05%
|
Passed Revenue Filter
|
PyroGenesis derives its revenue in part from plasma torches (for use in battery production) and waste to energy operations, both Drawdown solutions. It derives no revenue products built specifically for the fossil fuel industry.
|
||
|
1.08%
|
Passed Revenue Filter
|
Quanta Services, derives 69.4% revenue from improving grid flexibility, a Drawdown solution, through various services, including the maintenance of electric power transmission and distribution infrastructure and substation facilities. It receives a smaller portion of its revenue (30.6%) from maintaining natural gas and oil distribution networks, which would be categorized as fossil fuel revenue.
|
||
|
0.78%
|
Pure Play
|
QuantumScape is fully focused on developign and selling solid-state lithium-metal batteries, some of which are used for EVs.
|
||
|
0.02%
|
Pure Play
|
Quest provides recycling services for a variety of items, including scrap tires, metal, and glass.
|
||
|
0.03%
|
Pure Play
|
ReneSola constructs solar projects and sells project rights. It also owns some its own solar projects which generate electricity that is sold to customers.
|
||
|
0.21%
|
Passed Biofuel Filter
|
Over 50% of REGI's revenue comes from advanced biofuels made from low carbon feedstocks that emit 75% less carbon that gasoline.
|
||
|
-
|
Recycling
|
%20Logo.png) Republic Services
|
Failed Landfill 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.
|
|
0.02%
|
Pure Play
|
Research Frontiers develops suspended particle device light control technology that undergirds dynamic glass technology.
|
||
|
-
|
Net-zero building
|
%20Logo.jpg) Resideo Technologies
|
No Drawdown Solution
|
Resideo tech makes wifi-connected thermostats, but not smart thermostates, the Drawdown solution
|
|
0.02%
|
Passed Revenue Filter
|
ReTo Eco-Solutions manufactures environmentally friendly construction materials using less cabon intensive alternative materials, eg. making cement with fly ash. Its products are have a variety of end uses, including water absorption, flood control, and water retention.
|
||
|
-
|
Biofuels
|
%20Logo.png) REX American Resources
|
Fails Biofuel Filter
|
Less than 50% of Rex American's biofuel production is advanced biofuel, leading it to fail the biofuel filter
|
|
-
|
Water Distribution
|
%20Logo.jpg) Rexnord
|
Failed Water Filter
|
Rexnord does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
|
|
-
|
Electric Vehicles
|
-1.png) Rivian Automotive
|
Recent IPO
|
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.
|
|
0.03%
|
Passed Revenue Filter
|
Romeo makes 65% of its revenue from lithium-ion battery modules for commercial electric vehicles and 35% in a jointe venture focused on traditional automobiles.
|
||
|
-
|
Water Distribution
|
.jpg) Roper Technologies
|
Failed Water Filter
|
Roper Technologies does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
|
|
0.02%
|
Pure Play
|
Save Foods sells post-harvest food acid and oxidizer blends that extend the shelf life of food, preventing food waste.
|
||
|
0.02%
|
Pure Play
|
SemiLEDs sells LED chips, components, and modules, which are used for general lighting, horticulture, polymer curing, and more.
|
||
|
2.61%
|
Passed Utility Filter
|
Sempra produces 52% of its power from renewables and 48% from fossil fuels. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
|
||
|
-
|
LED
|
%20Logo.png) SGOCO Group
|
No Drawdown Solution
|
SGOCO made zero revenue from their Drawdown solution, their LED business, in 2020
|
|
0.33%
|
Pure Play
|
Shoals sells electrical balance of system solutions for solar energy projects.
|
||
|
-
|
Nutrient Management
|
%20Logo.png) Sociedad Química y Minera de Chile
|
No Drawdown Solution
|
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.
|
|
1.18%
|
Pure Play
|
SolarEdge Technologies sells DC inverter systems for PVs among other solar products, EV charging solutions, lithium-ion cells and batteries, and uninterrupted power supply solutions.
|
||
|
-
|
Electrical Utility
|
%20Logo.jpg) Spark Energy
|
Failed Utility Filter
|
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.
|
|
0.02%
|
Pure Play
|
SPI Energy constructs solar projects for other power producers, owns its own solar projects which generate electricity that sells to utilities and other customers, and makes and sells both EVs and EV charging infrastructure.
|
||
|
0.17%
|
Passed Revenue Filter
|
SPX makes electrical transformers that enable the grid to expand. It also installs HVAC systems and underground pipe and cable locators.
|
||
|
-
|
LED
|
%20Logo.png) Steel Partners Holdings
|
Lacks Sufficient Information
|
Steel Partners Holdings L.P. produces LEDs, a Drawdown solution, but also produces tubing for the oil and gas industry, which is considered fossil fuel revenue. It also produces blades for meat/fish processing plants.
|
|
-
|
Electric Vehicles
|
%20Logo.png) Stellantis N.V.
|
Failed Revenue Filter
|
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.
|
|
0.19%
|
Pure Play
|
Stem makes it easy for buildings to most efficiently switch from onsite, to stored, to grid electricity with their artificial intelligence powered analytics platform that optimizes energy usage.
|
||
|
-
|
Water Distribution
|
.jpg) Sterling Construction
|
Failed Water Filter
|
Sterling Construction does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
|
|
0.31%
|
Pure Play
|
Sunnova is a leading residential solar in the US
|
||
|
0.05%
|
Pure Play
|
SunOpta sells plant-based foods and beverages, many of which use almond, soy, coconut, oat, or hemp.
|
||
|
0.36%
|
Pure Play
|
SunPower sells electricity generated from solar as well as solar energy solutions and inverters. Some of its main customers include electrical utilities and
|
||
|
0.76%
|
Pure Play
|
Sunrun sells solar energy systems, such as panels, and also sells battery storage systems, primarily to residential homeowners..
|
||
|
0.02%
|
Pure Play
|
Sunworks sells photovoltaic systems for power production for residential and commercial and industrial clients.
|
||
|
-
|
Electric Vehicles
|
%20Logo.png) Tantech Holdings
|
No Drawdown Solution
|
Tantech Holdings put a hold on manufacturing electric vehicles, meaning they do not produce a Drawdown solution
|
|
-
|
Electric Vehicles
|
%20Logo.png) Tata Motors
|
Failed Revenue Filter
|
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.
|
|
-
|
Plant-based diet
|
.jpg) Tattooed Chef
|
No 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.
|
|
0.09%
|
Passed Revenue Filter
|
Tecnoglass sells a range of high performance windows and derives no revenue from products dependent upon the fossil fuel industry.
|
||
|
5.00%
|
Pure Play
|
Tesla generates 100% of its revenue from Drawdown solutions: electric vehicles, solar energy generation, and energy storage products.
|
||
|
-
|
Water Distribution
|
%20Logo.png) Tetra Tech
|
Lacks Sufficient Information
|
Tetra Tech helps clients achieve net zero emissions in their buildings among other pro-climate projects, but it also works with many oil and gas companies. It is unclear what makes up a majority of its revenue.
|
|
-
|
Contraceptives
|
%20Logo.jpg) Teva Pharmaceutical Industries
|
Lacks Sufficient Information
|
It is unclear what the revenue breakdown of Teva's contraceptive and non-contraceptive products is.
|
|
-
|
Electrical Utility
|
%20Logo.jpg) The AES
|
Failed Utility Filter
|
AES produces 78% of its power from fossil fuels and 22% from renewables.
|
|
-
|
Contraceptives
|
%20Logo.jpg) The Cooper Companies
|
Failed Contraceptive Filter
|
Cooper sells healthcare products like contact lenses, fertility products, and contraceptives, but makes less than 50% of its revenue from contraceptives
|
|
-
|
Heat Pumps
|
%20Logo.png) The Gorman-Rupp
|
No Drawdown Solution
|
Gormann-Rupp builds heat pumps, but not high-efficiency heat pumps, meaning they do not produce a Drawdown solution
|
|
0.28%
|
Passed Revenue Filter
|
Hain sells a variety of plant-based snack products like tortilla chips, whole grain chips, and pita chips.
|
||
|
0.17%
|
Pure Play
|
Lion Electric sells all-electric medium and heavy-duty urban vehicles like trucks and buses to electrify mass transportation.
|
||
|
-
|
Energy Storage
|
.png) The Metals Company
|
Recent IPO
|
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.
|
|
-
|
Electrical Utility
|
%20Logo.png) The Southern
|
Failed Utility Filter
|
The Southern produces 68% of its power from fossil fuels, 17% from nuclear, and 15% from coal.
|
|
-
|
Contraceptives
|
%20Logo.png) TherapeuticsmMD
|
Lacks Sufficient Information
|
It is unclear what the revenue breakdown of TherapeuticsmMD's contraceptive and non-contraceptive products is.
|
|
0.54%
|
Passed Revenue Filter
|
TopBuild sells insulation products for buidlings, as well as other home products like rain gutters, glass, and afterpaint. It makes no revenue specifically from serving the fossil fuel industry
|
||
|
-
|
Hybrid Cars
|
%20Logo.png) Toyota Motor
|
Failed Revenue Filter
|
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.
|
|
0.09%
|
Passed Revenue Filter
|
TPI Composities generates 96% of its revenue from composite wind blades and related precision molding and assembly systems and the rest from manufacturing composite structures for automotive companies.
|
||
|
2.74%
|
Passed Revenue Filter
|
Trane sells various HVAC products including high efficiency heat pumps, a Drawdown solution.
|
||
|
-
|
Electrical Utility
|
%20Logo.jpg){kind=spacer} TransAlta
|
Failed Utility Filter
|
TransAlta produces 65% of its power from fossil fuels and 35% from renewables.
|
|
-
|
Electric Vehicles
|
%20Logo.jpg) Trimble
|
No Drawdown Solution
|
Trimble does not build any of its products for EV's specifically, meaning it does not offer a Drawdown solution
|
|
-
|
Mass Transit
|
.jpg) Tutor Perini
|
Failed Defense Filter
|
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.
|
|
-
|
Carpooling
|
%20Logo.jpg) Uber Technologies
|
No Drawdown Solution
|
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.
|
|
-
|
Electric Vehicles
|
%20Logo.png) Ultralife
|
Failed Defense Filter
|
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
|
|
-
|
Electrical Utility
|
%20Logo.png) Unitil
|
Lacks Sufficient Information
|
Unitil did not provide complete enough power generation info to determine if they pass or fail the utility filter.
|
|
0.56%
|
Passed Revenue Filter
|
Universal Display sells LED products for display and solid-state lighting applications. It also provides contract research services for chemical materials synthesis.
|
||
|
0.03%
|
Pure Play
|
Ur-Energy explores uranium mineral properties and has a stake in 12 projects in the U.S, helping power nuclear energy, a Drawdown solution.
|
||
|
0.05%
|
Passed Revenue Filter
|
Uranium Energy extracts and processes uranium, helping power the nuclear energy industry, as well as and titanium concentrates.
|
||
|
-
|
Recycling
|
%20Logo.jpg) US Ecology
|
Failed Landfill Filter
|
US Ecology, does not have landfill gas to energy operations in a majority of its landfills, thus failing the landfill gas filter.
|
|
0.33%
|
Passed Revenue Filter
|
Valmont Industries, derives its revenue in part from irrigation efficiency and improving grid flexibility, both Drawdown solutions, through the sale of precision irrigation solutions and structures for utility transmission and distribution, while receiving no revenue from products specifically built for the fossil fuel industry.
|
||
|
0.07%
|
Passed Revenue Filter
|
Veeco sells semiconductor and thin film process equipment, which can be used to make a variety of products including solar PVs, LEDs, and laser diodes.
|
||
|
-
|
Grid Expansion
|
%20Logo.png) Vertiv Holdings
|
Lacks Sufficient Information
|
Vertiv Holdings Co improves grid flexibility, but has some customers in the fossil fuel industry whose portion of the revenue is not given.
|
|
0.03%
|
Passed Contraceptive Filter
|
Veru makes more than 50% of its revenue from selling contraceptives and also develops medicines related to prostate and breast cancer.
|
||
|
-
|
Grid Expansion
|
%20Logo.jpg) Vicor
|
Failed 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.
|
|
0.09%
|
Pure Play
|
View's dynamic glass is cloud-connected, automated, and allows for control of settings through smart devices in order to adjust for heat, lighting, and more.
|
||
|
0.05%
|
Passed Revenue Filter
|
Village Farms sells greenhouse grown produce and conducts cannabis operations. It also operates a methane digester power plant and sells electricity generated from the plant to the British Columbia Hydro and Power Authority.
|
||
|
-
|
Smart Thermostat
|
%20Logo.jpg) Viomi Technology
|
No Drawdown Solution
|
Viomi does not sell smart themostats, meaning they do not produce a Drawdown solution
|
|
-
|
Electrical Utility
|
%20Logo.jpg) Vistra
|
Failed Utility Filter
|
Vista produces 88.4% of its power from fossil fuels, 11.3% from nuclear, and 0.3% from renewables.
|
|
0.12%
|
Passed Revenue Filter
|
Vivint sells cloud-enabled smart home operating systems that enable home owners to run their HVAC and other systems with less energy.
|
||
|
-
|
Electrical Utility
|
%20Logo.png) VivoPower International
|
Lacks Sufficient Information
|
VivoPower did not provide complete enough power generation info to determine if they pass or fail the utility filter.
|
|
2.26%
|
Passed Revenue Filter
|
Waste Connections passes the landfill gas filter, but has no revenue breakdown present for its clean-up of oilfields, which is categorized as fossil fuel revenue.
|
||
|
4.27%
|
Passed Landfill Filter
|
Waste Management has 146 out of 268 landfill operations equipped with a landfill gas capture to energy project, meaning it has the majority needed to pass the landfill filter.
|
||
|
0.40%
|
Passed Revenue Filter
|
Watts sells generated 52% of its revenue residential & commercial leak detection and water quality monitoring products, and less than 30% of its revenue from gas products like boilers.
|
||
|
-
|
Electrical Utility
|
%20Logo.jpg) WEC Energy Group
|
Failed Utility Filter
|
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.
|
|
0.42%
|
Passed Revenue Filter
|
WESCO sells basic grid upgrade equipment like wires and cables but also smart grid products and range of transformers and distribution hardware.
|
||
|
-
|
Mass Transit
|
 Westinghouse Air Brake Technologies
|
No Drawdown Solution
|
|
|
0.02%
|
Pure Play
|
Westwater Resources generates 100% of its revenue from selling battery-ready graphite materials, a key component in battery construction.
|
||
|
-
|
Plant-based diet
|
%20Logo.jpg) Whole Earth Brands
|
Fails Tobacco Filter
|
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
|
|
0.03%
|
Passed Revenue Filter
|
Wildan provides consulting services to clients for primarily for energy efficiency goals, grid optimization, and building retrofits, plus provides civil engineering consulting services as well.
|
||
|
-
|
Nuclear Power
|
%20Logo.jpg) Williams Industrial Services Group
|
Lacks Sufficient Information
|
Williams Industrial Services Group maintains nuclear projects and some renewable projects, but also works on fossil fuel plants. It is unclear which is a majority of their revenue.
|
|
-
|
Electric Vehicles
|
.png) Workhorse Group
|
Fraud
|
Workhorse Group was credibly accused of fraud by a shortselling investor in 2021
|
|
-
|
Electrical Utility
|
%20Logo.png) Xcel Energy
|
Failed Utility 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.
|
|
0.05%
|
Pure Play
|
XL Fleet. sells various EV products, such as hybrid electric drive systems and electrification-as-a-service, and lithium-ion battery packs. Over 150 million miles have been driven on XL's hybrid systems.
|
||
|
2.55%
|
Pure Play
|
XPeng sells electric vehicles, including electric sedans for the fast growing Chinese market.
|
||
|
1.49%
|
Passed Revenue Filter
|
Xylem sells water infrastructure services related to transport and treatment, applied water solutions, and measurement & control solutions like leak detection and remote monitoring. They create no products specifically for the fossil fuel industry.
|
||
|
4.94%
|
Pure Play
|
Zoom offers video, phone, and chat communications technology and services.
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Bioplastics
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%20Logo.png) Zymergen
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Lacks Sufficient Information
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Zymergen biofacturing and bio-based products like adhesives largely for electronics, but not creation of bioplastics. They IPO'd in April 2021, lack an annual report/investor presentation/description of their products & services
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A. O. Smith
Lacks Sufficient Information
A. O. Smith sells solar water heaters as well as gas water heaters. They provide no breakdown to see which they generate more revenue from
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Solar Water
Passed Revenue Filter
AAON sells geothermal/water-source heat pumps, a Drawdown solution. It derives no revenue from products built specifically for the fossil fuel industry.
0.24%
Passed Revenue Filter
ABB makes most of its revenue from grid flexibility and EVs through the sale of substation packages and charging infrastructure. It receives no revenue from products specifically built for the fossil fuel industry.
4.34%
Abbvie
Failed Contraceptive Filter
Abbvie makes less than 50% of its revenue from contraceptives, thus failing the contraceptives filter.
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Contraceptives
Passed Revenue Filter
Acuity sells lighting and building management products, including LED drivers, power suppliers, inverters, and more, and sells no products specifically to the fossil fuel industry
0.47%
Advanced Drainage Systems
Failed Water Filter
Advanced Drainage Systems does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
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Water Distribution
Advanced Energy Industries
No Drawdown Solution
Advanced Energy Industries, sold their renewables business and therefore no longer produces a Drawdown solution
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Energy Storage
Pure Play
Advent sells components that influence the performance of hydrogen fuel cells to power, aviataion, automotive markets, and more.
0.03%
AECOM
Lacks Sufficient Information
AECOM helps clients achieve net zero emissions in their buildings among other pro-climate projects, but it also works with many oil and gas companies. It is unclear what makes up a majority of its revenue.
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Net-zero building
Aemetis
Fails Biofuel Filter
Less than 50% of Aemetis' biofuel production is advanced biofuel, leading it to fail the biofuel filter
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Biomass
Pure Play
Agile makes 100% of its revenue from selling a prescription combination hormonal contraceptive patch.
0.02%
Passed Revenue Filter
Agrify makes its revenue in part from the sale of LED grow lights, a Drawdown solution. It builds no products specifically for the fossil fuel industry.
0.02%
Pure Play
Agrofresh sells products like packaging solutions that extend the shelf life of food, preventing food waste from the spoilage of produce.
0.02%
Albemarle
Failed Revenue Filter
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.
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Energy Storage
Passed Utility Filter
Algonquin produces 68% of its power from renewables and 28% from mixed sources. Even if all power produced from mixed sources was from fossil fuels, Algonquin would still have >50% power from non fossil fuel sources. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
0.71%
ALLETE
Lacks Sufficient Information
Allete did not provide complete enough power generation info to determine if they pass or fail the utility filter
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Electrical Utility
Alliant Energy
Failed Utility Filter
Alliant produces 86.29% of its power from fossil fuels and 13.71% from renewables.
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Electrical Utility
Ameren
Lacks Sufficient Information
Ameren did not provide complete enough power generation info to determine if they pass or fail the utility filter
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Electrical Utility
Pure Play
Ameresco makes buildings more energy efficient through focus on systems like the HVAC system. It also builds renewable power plants, sells solar PV products, and owns and operates a wind power project.
0.26%
American Electric Power
Failed Utility Filter
American Electric Power produces 73% of its power from fossil fuels, 17% from renewable sources, 7% from nuclear, and 3% from energy efficiency.
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Electrical Utility
Passed Revenue Filter
Amtech Systems derives its revenue in part from LED lighting, a drawdown solution, through the sale of capital equipment and related consumables for use in LEDs while creating no products specifically for the fossil fuel industry.
0.02%
Passed Revenue Filter
Apogee sells aluminum frames, architectural glass, and value-added glass and acrylic products that help buildings stay better insulated. It builds no products specifically for the fossil fuel industry.
0.07%
Passed Revenue Filter
Applied Materials derives its revenue in part from the promotion of LEDs and solar PVs, through the sale of LED products and products used to manufacture solar PVs. It creates no products specifically for the fossil fuel industry.
5.00%
Pure Play
Aqua recycles lead that is primarily used in lead acid batteries, resulting in lead that has greater than 99.9% purity.
0.02%
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.
0.03%
Arcosa
Failed Revenue 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.
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Wind Turbines
Argan
Lacks Sufficient Information
Argan has a gas fired plant as well as providing services for other Drawdown solutions. It is unclear which it derives more revenue from.
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Biomass
Pure Play
Array sells solar tracking systems that use machine learning to identify the best positioning for a solar array to increase energy production.
0.17%
Pure Play
Arrival makes 100% of its revenue from electric vans and buses and is developing an electric car in partnership with Uber to electrify ridesharing.
0.66%
Atlantic Power
Failed Utility Filter
Atlantic produces 70% of its power from fossil fuels, 20% from non fossil fuel combustion, and 10% from renewables.
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Electrical Utility
Passed Utility Filter
Atlantica produces 55.76% of its power from renewables and 44.24% from fossil fuels. None of its power comes from coal and it goes beyond requirements by local regulations on renewable portfolios.
0.28%
Passed Revenue Filter
Atlas Technical derives some of its revenue from promoting Drawdown solutions like water distribution efficiency. It creates no products specifically for the fossil fuel industry.
0.02%
Pure Play
AudioCodes offers software and productivity solutions for virtual work environments, including VoIP network routing solutions, media servers, and value added applications.
0.07%
Passed Utility Filter
Avangrid produces 91.95% of its power from renewable sources, 7.42% from fossil fuels, and 0.63% from non fossil fuel combustion. It does not use coal for power generation. It exceeds state regulations.
1.30%
Avista
Failed Utility Filter
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.
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Electrical Utility
Passed Revenue Filter
AXT sells semiconductor substrates used in LEDs, thermal imaging, and autonomous vehicles. It makes no products specifically for the fossil fuel industry, thus passing our revenue filter.
0.02%
Pure Play
Ayro makes all of its revenue from selling electric vehicles for last-mile delivery, which can access tight areas like university paths and business parks.
0.02%
Passed Utility Filter
Azure produces 100% of its power from renewables. It does not use coal to produce any of its power and exceeds what is required by local regulations.
0.07%
AZZ
No Drawdown Solution
AZZ sold their nuclear logistics business and therefore no longer produces a Drawdown solution
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Nuclear Power
Babcock & Wilcox Enterprises
Lacks Sufficient Information
Babcock & Wilcox produces waste to energy and biomass solutions, both Drawdown solutions. It also works on carbon capture technologies, but not storage which we would define as fossil fuel revenue. A revenue breakdown is not present
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Waste to Energy
Passed Revenue Filter
Badger Meter sells water meters that can help water utilities detect leaks.
0.19%
Pure Play
Ballard sells proton exchange membrane fuel cell to transit bus, rail, critical infrastructure industries, and more.
0.35%
Passed Revenue Filter
Beacon Roofing Supply is included because it sells and distributes insulation products, solar paneling, solar inverters and solar panels mounting hardware, all Drawdown solutions, while deriving no revenue from products specifically made the fossil fuel industry.
0.24%
Pure Play
Beam Global sells EV charging solutions, such as an infrastructure product that uses solar power and battery storage to power an EV charging station.
0.02%
Belden
No Drawdown 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
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Building Automation
Pure Play
Beyond Meat sells various plant-based meat products. It has partnered with various fast food chains like McDonald's, KFC, Taco Bell, and Pizza Hut.
0.40%
Bioceres Crop Solutions
No Drawdown Solution
Bioceres' products help maximize crop yield, not reduce food waste, leaving them without a Drawdown solution
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Food Waste
Pure Play
BioHiTech sells biodigesters that enable schools, hospitals, and grocery stores to turn organic waste into fertilizer & fuel instead of going to rot in landfills.
0.02%
Black Hills
Failed Utility Filter
Black Hills produces 90.99% of its power from fossil fuels and 9.01% from renewables.
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Electrical Utility
Pure Play
Blink operates EV charging stations that are placed in various locations across a wide geographic range. EV owners pay to recharge their vehicles at these stations.
0.09%
Bloom Energy
Failed Revenue Filter
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.
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Fuel Cells
BorgWarner
Failed Revenue Filter
BorgWarner produces some solutions for EVs, a Drawdown solution, but makes a much larger portion of its revenue from traditional ICE vehicles.
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Electric Vehicles
Passed Revenue Filter
Broadwind derives the majority of its revenue from the promotion of wind energy, a Drawdown solution, through selling steel towers and adapters to wind turbine manufacturers. It receives a smaller portion of its revenue from selling gearing, gearboxes, and systems to the oil and gas industry, which is categorized as fossil fuel revenue.
0.02%
Brookfield Infrastructure Partners
Lacks Sufficient Information
Brookfield Infrastructure did not provide complete enough power generation info to determine if they pass or fail the utility filter
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Electrical Utility
Passed Utility Filter
Brookfield produces 97.24% of its power from renewables and 2.76% from unknown sources. Even if the unknown sources were all fossil fuel, it would still have >50% non fossil fuel power generation. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
0.96%
Pure Play
Burcon makes plant-based products like plant proteins and dairy alternatives.
0.02%
BWX Technologies
Failed Defense Filter
BWX performs fabrication activities for missile launch tubes for US submarines, which fails the defense filter as this would be classified as weapons related.
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Nuclear Power
Pure Play
Cameco mines and sells uranium for the purposes of nuclear fuel production.
0.61%
Pure Play
Canadian Solar sells solar ingots, wafers, cells, modules, panels and other solar power products.
0.16%
Pure Play
Canoo makes all of its revenue from a range of electric delivery and mutli-purpose vehicles including an electric skateboard.
0.12%
Capstone Green Energy
Failed Revenue Filter
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.
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Microgrid
Capstone Turbine
Failed Revenue Filter
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.
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Microgrid
Carlisle Companies
Failed Defense Filter
Carlisle sells in-flight connectivity applications for military aircrafts, which fails the defense filter because it sells a product to the defense industry that is not a Drawdown solution.
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Net-zero building
Passed Revenue Filter
Carrier sells HVAC products including high efficiency heat pumps. It also sells refrigeration services and building systems like those for carbon monoxide detection.
2.88%
Passed Revenue Filter
Casella Waste Systems derives its revenue in part from recycling, a Drawdown solution, and has landfill gas to energy operations, another Drawdown solution, at over 50% of the landfills it owns. It receives no revenue from products built for the fossil fuel industry.
0.28%
Pure Play
CBAK makes 100% of its revenue from selling lithium batteries that are used in EV, electric tool, and energy storage applications.
0.02%
CenterPoint Energy
Failed Utility Filter
CenterPoint produces 99.6% of its power from fossil fuels, 0.23% from non fossil fuel combustion, and 0.16% from renewables.
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Electrical Utility
Centrais Elétricas Brasileiras - Eletrobrás
Failed Utility Filter
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.
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Electrical Utility
Central Puerto
Failed Utility Filter
Central Puerto produces 67.13% of its power from fossil fuels and 32.87% from renewables.
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Electrical Utility
Pure Play
Centrus sells various components of nuclear fuel eg. parts of low-enriched uranium, and the provision of technical solutions to deploy advanced nuclear fuel production capabilities.
0.05%
CF Industries Holdings
No Drawdown Solution
CF Industries creates nitrogen products for agriculture but they do not help promote nutrient management, a Drawdown solution
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Nutrient Management
Pure Play
ChargePoint sells EV charging solutions like smart charging stations for electric vehicles, which can be used by fleets or individual owners.
0.50%
China Recycling Energy
Lacks Sufficient Information
China Recycling Energy conducts waste to energy operations, but also utilizes gas from coal mining, which is considered as fossil fuel revenue. A revenue breakdown is not present.
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Waste to Energy
China XD Plastics
Failed Revenue Filter
China XD Plastics Limited derives the majority of its revenue from traditional plastics like polypropylene.
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Bioplastics
Church & Dwight
Failed Contraceptive Filter
Church & Dwight owns Trojan condoms, but makes less than 50% of its revenue from them, thus failing to pass the contraception filter.
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Contraceptives
Passed Revenue Filter
CleanSpark sells distributed energy systems and microgrids, which help optimize energy consumption. It also provides a variety of digital services, including creative design.
0.05%
Pure Play
ClearOne sells audio conferencing products, as well as sound-reinforcement products that help with connecting virtually.
0.02%
Passed Utility Filter
Clearway produces 62.68% of its power from renewables and 37.32% from fossil fuels. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
0.45%
CMS Energy
Failed Utility Filter
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.
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Electrical Utility
CN Energy Group
Fails Biofuel Filter
Less than 50% of CN Energy Group's biofuel production is advanced biofuel, leading it to fail the biofuel filter
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Biofuels
Passed Revenue Filter
Comfort Systems USA derives revenue from replacing old HVAC systems with more efficient systems, a Drawdown solution, while creating no products specifically for the fossil fuel industry.
0.21%
Passed Revenue Filter
Commercial Metals recycles steel and metal products, a Drawdown solution, while building no products specifically for the fossil fuel industry.
0.24%
Passed Utility Filter
Companhia Energética de Minas Gerais produces 100% of its power from renewable sources. It exceeds state regulations.
1.53%
Consolidated Edison
Failed Utility 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.
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Electrical Utility
Corning
Lacks Sufficient Information
Corning produces LED products and also emissions control products for the fossil fuel industry. It is unclear which is a greater percentage of the revenue.
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LED
Corteva
No Drawdown Solution
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
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Food Waste
Covanta
Failed Revenue Filter
Covanta was acquired by a private entity on Dec 1, 2021 and is therefore removed from the Climate Index. Covanta makes a large portion of its revenue from waste to energy operations, a Drawdown solution. While it does own landfills which do not have >=50% landfill gas capture, these are for the purpose of ash disposal from its WtE operations and it does not appear revenue is derived from these landfills.
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Waste to Energy
Cree
Failed Defense Filter
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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LED
CRH
Failed Revenue Filter
High-Performance Glass is a small part of their revenue. CRH still makes most of its revenue from conventional cement, concrete and asphalt. They're investing in alternative cement that's lower emission, that's still under 15% of the total material they use to make cement
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Alternative Cement
Pure Play
Crown's glass changes its opacity and reflectiveness in response to outside weather conditions. Unlike others, Crown's glass also allows for manual control
0.02%
Passed Revenue Filter
CSW Industrials manufactures products to make HVAC/R systems more efficient, a climate solution, and derives a large portion of its revenue from those products. It derives a much smaller portion of its revenue from sales to oilfields; this would be considered fossil fuel revenue.
0.14%
Cummins
Failed Revenue 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.
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Electric Vehicles
CVD Equipment
Failed Defense Filter
CVD sells MesoPlasma™ printing services and products (heaters, antennas, and sensors) to the defense industry, which fails the revenue filter because it sells something to the defense industry that is not a Drawdown solution.
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LED
Daktronics
No Drawdown Solution
Daktronics sells LED displays for various purposes like sports, architecture, and more.
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LED
Dana
Lacks Sufficient Information
Dana sells both EV and ICE parts. A revenue breakdown between those two segments is not provided.
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Electric Vehicles
Pure Play
Danimer produces bio-based plastics using microorganisms to create polyesters by feeding them inexpensive plant oils.
0.09%
Pure Play
Daqo sells high purity polysilicon used in solar photovoltaics to photovoltaic manufacturers.
0.36%
Delta Air Lines
No Drawdown Solution
While Delta is known for its forward thinking stance on climate, it does not derive any revenue from its sustainability initiatives.
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Efficient Aviation
Passed Revenue Filter
Diodes sells discrete semiconductor products, which are heavily used in the consumer electronics industry, as well as analog products comprising power management devices like LED lighting drivers, which are crucial to an LED circuit.
0.28%
Pure Play
DocuSign provides an e-signature solution allows for digital signing of agreements and documents, saving many sheets of paper and transit miles
3.49%
Dominion Energy
Lacks Sufficient Information
Dominion did not provide complete enough power generation info to determine if they pass or fail the utility filter
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Electrical Utility
Dow
Lacks Sufficient Information
Dow makes both traditional and bioplastics. A revenue breakdown is not present.
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Bioplastics
DTE Energy
Failed Utility Filter
DTE produces 67.13% of its power from fossil fuels, 21.07% from nuclear, 10.26% from nuclear, and 1.54% from renewables.
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Electrical Utility
Duke Energy
Failed Utility Filter
Duke Energy produces 61% of its power from fossil fuels, 37% from nuclear, and 2% from renewable.
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Electrical Utility
DuPont de Nemours
Failed Revenue Filter
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.
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Solar PVs
Passed Revenue Filter
Eaton derives the majority of its revenue from improving grid flexibility, a Drawdown solution, through the sale of various electrical and power products. It receives a smaller portion of its revenue from the automotive industry, which would be categorized as fossil fuel revenue.
4.19%
Ecolab
Failed Revenue Filter
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
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Water Distribution
Edison International
Lacks Sufficient Information
Edison International did not provide complete enough power generation info to determine if they pass or fail the utility filter
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Electrical Utility
Electrameccanica Vehicles
Failed Revenue Filter
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.
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Electric Vehicles
Ellomay Capital
Failed Utility Filter
Ellomay produces 75.5% of its power from fossil fuels, 15.6% from renewables, and 8.5% from non fossil fuel combustion.
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Electrical Utility
eMagin
Failed Defense Filter
eMagin sells weapons sights, which fails the defense filter because this would be categorized as a weapons-related sale.
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LED
Emerson Electric
Lacks Sufficient Information
Emerson Electric Co. produces smart thermostats, a Drawdown solution, but also sells certain products to the oil and gas industry. It is unclear which segment it makes more revenue from.
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Smart Thermostat
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
Lacks Sufficient Information
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima did not provide complete enough power generation info to determine if they pass or fail the utility filter
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Electrical Utility
Enbridge
Failed Revenue Filter
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.
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Solar PVs
Enel Américas
Failed Utility Filter
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.
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Electrical Utility
Passed Utility Filter
Enel Chile 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, 4.9% of its power comes from coal, but it has a plan to shut down its coal plants within the next 3 years. It exceeds state regulations.
0.19%
Energizer Holdings
No Drawdown Solution
Energizer Holdings, makes only batteries for household products and lighting products for flashlights and headlamps, neither of which are Drawdown solutions.
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LED
Pure Play
Energy Focus makes a variety of LED products, such as replacements for fluorescent lamps and retrofits for military facilities.
0.02%
EnerSys
Failed Defense Filter
EnerSys sells missiles and smart weapons, which fails the defense filter since it sells weapons to the defense industry.
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Grid Expansion
Pure Play
Enphase sells microinverters, energy monitoring software, and AC battery storage systems to solar distributors, OEMs, homeowners, and more.
2.00%
Entergy
Failed Utility Filter
Entergy produces 61.76% of its power from fossil fuels, 38.01% from nuclear, and 0.23% from renewables.
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Electrical Utility
Pure Play
Eos makes 100% of its revenue from selling battery storage solutions to utilities (and other customers). Its batteries have 98.2% of capacity retained annually.
0.03%
ESCO Technologies
Failed Defense Filter
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.
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Wind Turbines
Euro Tech Holdings
Failed Water Filter
Euro Tech Holdings does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
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Water Distribution
Evergy
Failed Utility Filter
Evergy produces 50% of its power from fossil fuels, 29% from renewables, and 21% from nuclear.
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Electrical Utility
Eversource Energy
Failed Utility Filter
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.
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Electrical Utility
Pure Play
Evofem makes 100% of it's revenue from a contraceptive gel. They are also working on a vaginal gel that reduces certain infections.
0.02%
Evoqua Water Technologies
Failed Water Filter
Evoqua Water Technologies does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
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Water Distribution
Passed Utility Filter
Exelon produces 60.25% of its power from nuclear, 29.77% from fossil fuels, 9.62% from nuclear, and 0.36% from non fossil fuel combustion. It produces no power from coal and exceeds what is required of it by state regulations.
3.32%
Pure Play
EZGO generates 100% of its revenue from selling e-bicycles, e-tricycles, and lithium batteries to the fast-growing Chinese market.
0.02%
Pure Play
First Solar sells its unique glass cadmium telluride solar modules as well as power plant solutions.
0.82%
FirstEnergy
Failed Utility Filter
FirstEnergy produces over 95% of its power from fossil fuels. The rest is from renewables.
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Electrical Utility
Pure Play
Fisker generates 100% of its revenue from selling and leasing luxury and high end electric vehicles.
0.30%
Flexible Solutions International
Lacks Sufficient Information
Flexible Solutions International produces nitrogen conservation products, a Drawdown solution, but also produces products for the oil and gas industries. A revenue breakdown is not present
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Nutrient Management
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.
0.02%
FMC
No Drawdown Solution
FMC's products help protect crops from pests, not reduce food waste, leaving them without a Drawdown solution
-
Food Waste
Ford Motor
Failed Revenue Filter
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.
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Electric Vehicles
Fortis
Lacks Sufficient Information
Fortis did not provide complete enough power generation info to determine if they pass or fail the utility filter
-
Electrical Utility
Franklin Electric
Failed Water Filter
Franklin Electric does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
-
Water Distribution
Pure Play
FTC Solar sells solar tracking systems that identifies the best positioning for a solar array to increase energy production.
0.05%
FuelCell Energy
Lacks Sufficient Information
FuelCell energy makes hydrogen fuel cells, a Drawdown solution. They also sell carbon capture services (but not storage) to the oil and gas industry, which we categorize as fossil fuel revenue. A revenue breakdown between the two is not present
-
Microgrid
Pure Play
Fusion Fuel Green makes green hydrogen, while producing zero carbon emissions. While it does sell to natural gas networks, this is to replace fossil fuels with green hydrogen to help them meet decarbonization goals and therefore is not considered fossil fuel revenue.
0.02%
FutureFuel
Fails Biofuel Filter
Less than 50% of FutureFuel's biofuel production is advanced biofuel, leading it to fail the biofuel filter
-
Biofuels
Generac Holdings
Lacks Sufficient Information
Generac Holdings derives part of its revenue from the Drawdown solution of energy storage. It however has fossil fuel profucts and a large natural gas customer base that is not quantified and no revenue breakdown for that segment is present.
-
Energy Storage
General Electric
Failed Revenue 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.
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Wind Turbines
General Motors
Failed Revenue 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.
-
Electric Vehicles
Genie Energy
Lacks Sufficient Information
Genie Energy did not provide complete enough power generation info to determine if they pass or fail the utility filter
-
Electrical Utility
Genuine Parts
Failed Revenue Filter
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.
-
Electric Vehicles
Gevo
Fails Biofuel Filter
Less than 50% of Gevo's biofuel production is advanced biofuel, leading it to fail the biofuel filter
-
Efficient Aviation
Passed Revenue Filter
GFL Environment recycles steel and metal products, a Drawdown solution, while deriving no revenue from products created specifically for the fossil fuel industry.
1.06%
Passed Revenue Filter
Gibraltar Industries derives its revenue in part from solar PVs, a drawdown solution, through the sale of solar racking and electrical balance of systems, while creating no products specifically for the fossil fuel industry.
0.14%
Graham
No Drawdown Solution
Graham builds heat pumps, but not high-efficiency heat pumps, meaning they do not produce a Drawdown solution
-
Heat Pumps
Granite Construction
Failed Water Filter
Granite Construction does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
-
Water Distribution
Green Plains
Fails Biofuel Filter
Less than 50% of Green Plain's biofuel production is advanced biofuel, leading it to fail the biofuel filter
-
Biofuels
Greenland Technologies Holding
No Drawdown Solution
Greenland Technologies Holding has yet to produce any electric vehicles since that division was opened in December 2020.
-
Electric Vehicles
Pure Play
GreenPower generates 100% of its revenue from electric vehicles for passenger, student, and cargo transportation.
0.02%
Hannon Armstrong only invests in sustainable projects, from building energy efficient to solar and wind farms.
0.30%
Passed Revenue Filter
Harsco generates 82% of its revenue from industrial recycling and waste management services, and the rest from maintenance, repair, and construction services for railway tracks.
0.09%
Hawaiian Electric Industries
Failed Utility Filter
Hawaiian Electric produces 71.6% of its power from fossil fuels, 23.9% from renewables, and 4.5% from non fossil fuel combustion.
-
Electrical Utility
Helios Technologies
Failed Water Filter
Helios Technologies does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
-
Water Distribution
Passed Revenue Filter
Highway Holdings does metal stampings and manufactures a variety of mechnical and electronic products, including LED power supplies, otherwise known as LED drivers.
0.02%
Honda Motor
Failed Revenue 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.
-
Hybrid Cars
Honeywell International
Failed Defense Filter
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.
-
Smart Thermostat
Huaneng Power International
Lacks Sufficient Information
Huaneng Power did not provide complete enough power generation info to determine if they pass or fail the utility filter
-
Electrical Utility
Hubbell
Lacks Sufficient Information
Hubbell derives a large part of its revenue from producing solutions that enhance Grid Flexibility, but also has customers in the gas industry whose portion of the revenue is not specified.
-
Grid Expansion
Pure Play
Hudson provides various refrigerant management solutions, including reclamation of refrigerants and hydrostatic testing which checks for leaks.
0.02%
Hyliion Holdings
Lacks Sufficient Information
Hyliion Holdings derives its revenue by selling electrified and hybrid powertrain solutions, a Drawdown solution, but also sells powertrain systems that can be fueled with CNG, which is considered fossil fuel revenue. The revenue breakdown between these products is not provided.
-
Electric Vehicles
Pure Play
IAA allows for the sale of total loss, damaged, and low-value vehicles, as well as their parts, limiting automotive waste and reducing the need for new manufacturing.
0.52%
IDACORP
Failed Utility 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.
-
Electrical Utility
Passed Revenue Filter
Ideanomics generated 74.6% of its revenue from EVs and EV charging infrastructure and 19.3% from traditional combustion vehicles in 2020.
0.05%
IDEX
No Drawdown Solution
IDEX produces fluid and metering technologies, but not water conservation technologies, meaning they do not produce a Drawdown solution.
0.05%
Water Distributionlt
IES Holdings
Lacks Sufficient Information
IES Holdings services both wind energy projects and solar projects, both Drawdown solutions. It also services refineries, which are categorized as fossil fuel revenue. It is unclear which takes up a greater portion of the revenue.
-
Wind Turbines
Passed Revenue Filter
IEA generates 65.2% of its revenue from installing and restoring infrastructure services for wind and solar industries. It also offers heavy civil construction services like road and bridge construction.
0.03%
Passed Revenue Filter
Installed Building Products sells insulation products, including fiberglass, cellulose, and spray foam. It also sells advanced caulk and sealant products.
0.24%
Passed Revenue Filter
iSun sells solar engineering, procurement and construction services. It also has an electrical and data segment that is separate from its solar offerings.
0.02%
Passed Revenue Filter
Itron generates 60.8% of its revenue from device solutions that deal with water measurement and control and networked solutions like smart meters and leak detection products. It builds no products specifically for the fossil fuel industry.
0.23%
Pure Play
Jinko sells solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also constructs solar projects for power production.
0.17%
Pure Play
Jiuzi makes all of its revenue from selling EVs and EV sales franchines in China, one of the fastest growing automobile markets on the planet.
0.02%
Passed Revenue Filter
Manufactures heat pumps and HVAC solutions
3.34%
Pure Play
Kaltura offers video products that are heavily used in distance learning for virtual classrooms.
0.07%
Passed Revenue Filter
Kandi generated 61.2% of its revenue from EV parts and electric scooters and 38.8% from traditional offroad vehicles in 2020.
0.02%
Karat Packaging
Lacks Sufficient Information
Karat Packaging produces packaging with both traditional and bioplastics. It is unclear which of the two comprise a majority of the revenue.
-
Bioplastics
Kenon Holdings
Lacks Sufficient Information
Kenon Holdings did not provide complete enough power generation info to determine if they pass or fail the utility filter
-
Electrical Utility
Korea Electric Power
Lacks Sufficient Information
Korea Electric Power did not provide complete enough power generation info to determine if they pass or fail the utility filter
-
Electrical Utility
Pure Play
KULR sells thermal management technologies that are used in the lithium-ion batteries to ensure they stay within safe operating temperatures.
0.02%
Pure Play
Laird sells plant-based food, such as hydrate coconut water and renew plant-based proteins.
0.02%
Lear
Failed Revenue Filter
Lear manufactures some electrification products, but 94.1% of its revenue comes from acting as a supplier for traditional automotives.
-
Hybrid Cars
Passed Revenue Filter
Lennox sells HVAC systems, which include high effiiciency heat pumps and air conditioners. They also sell refrigeration systems.
0.69%
LG Display
No Drawdown Solution
The LEDs that LG makes are all used in their TV and smartphone displays. Tech displays are not a Drawdown solution.
-
LED
Pure Play
Li Auto generates 100% of its revenue from selling electric SUV's and luxury vehicles in China, one of the fastest growing markets for SUV's
2.17%
Li-Cycle
Recent IPO
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.
-
Energy Storage
Pure Play
Lighbridge focuses on the development of metallic nuclear fuels, which are safer and more economical, while effectively reducing carbon emissions.
0.02%
Pure Play
Lightning eMotors makes electric fleet medium- and heavy-duty vehicles, such as delivery trucks and shuttle buses, as well as charging stations for EVs.
0.03%
Passed Revenue Filter
Limbach sells a variety of building solutions, including performing energy audits and retrofits, a Drawdown solution.
0.02%
Limoneira
Failed Revenue Filter
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.
-
Perennial Staple
Lindsay
No Drawdown Solution
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.
-
Efficient Irrigation
Littelfuse
Lacks Sufficient Information
Littelfuse, sells products used in EVs and related infrastructure, but also has end markets in the traditional auto industry, as well as the oil and gas industry. A revenue breakdown is not present.
-
Energy Storage
Pure Play
Livent generates 100% of its revenue from selling lithium compounds with their primary use being lithium batteries.
0.30%
Pure Play
LKQ scraps totalled cars and sell the reclaimed replacement parts such as bumpers, transmissions, and suspension products, which help reduce waste generation.
1.02%
Pure Play
Loop converts waste polyethylene terephthalate (PET), often used in food packaging, into virgin quality PET.
0.05%
Lordstown Motors
Fraud
Lordstown Motors was credibly accused of fraud by a shortselling investor in 2021
-
Electric Vehicles
Passed Revenue Filter
LSI generates 67% of its revenue from LEDs for general use in parking garages and restaurants, and the rest from visual image elements for graphic displays.
0.02%
Lucid Motors
Recent IPO
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.
-
Electric Vehicles
Lydall
No 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
-
Insulation
Lyft
No 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.
-
Carpooling
Passed Revenue Filter
Magnachip Semiconductor derives its revenue in part from the promotion of LEDs and solar PVs, through the sale of LED products and products used with solar PVs. It creates no products specifically for the fossil fuel industry.
0.05%
Marrone Bio Innovations
No Drawdown Solution
Maronne Bio's products help protect crops from pests, not reduce food waste, leaving them without a Drawdown solution
-
Food Waste
Passed Revenue Filter
MasTec derives 32.2% of its revenue from promoting wind and solar energy, as well as grid flexibility, all Drawdown solutions, through the installation and construction of power generation facilities and the maintenance of electrical transmission lines and substations. It receives a smaller portion of its revenue (28.3%) for constructing and maintaining pipelines and processing facilities for the fossil fuel industry.
0.42%
Pure Play
Maxeon sells solar panels and other related components. It has over 1000 solar patents.
0.07%
MDU Resources Group
Failed Utility Filter
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.
-
Electrical Utility
Pure Play
Meatech 3D develops cultured meat products without animal slaughtering. In this process stem cells are collected without harming the animals, grown in reactors, diffentiated into fat and muscle cells, and finally formed into unstructured cultured meat products.
0.02%
Merck & Co
Failed Contraceptive Filter
Merck sells prescription medicines, vaccines, animal health products, and more and makes less than 50% of its revenue from contraceptives
-
Contraceptives
Methode Electronics
No Drawdown Solution
Methode sells electronic components like LEDs and sensors to automotive OEMS, external lighting solutions, and telecommunications products.
-
LED
MGE Energy
Failed Utility Filter
MGE produces 85.93% of its energy from fossil fuels and 14.07% from renewables.
-
Electrical Utility
Passed Utility Filter
Montauk produces 100% of its power from non fossil fuel combustion. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
0.10%
Montrose Environmental Group
Lacks Sufficient Information
Montrose helps clients deal with water distribution issues among other pro-climate projects, but it also works with many oil and gas companies. It is unclear what makes up a majority of its revenue.
-
Water Distribution
Mueller Industries
Failed Water Filter
Mueller Industries does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
-
Water Distribution
Mueller Water Products
Lacks Sufficient Information
Mueller Water Products, sells water leak detection systems, a Drawdown solution, but also has an infrastructure segment that has some customers in the natural gas industry. A breakdown of that segment is not present.
-
Water Distribution
MYR Group
Lacks Sufficient Information
limited gas construction services in T&D segment. No further breakdown of end-markets is given
-
Grid Expansion
National Grid
Lacks Sufficient Information
Korea Electric Power did not provide complete enough power generation info to determine if they pass or fail the utility filter
-
Electrical Utility
Passed Revenue Filter
NexGen owns uranium exploration & development projects in Canada, and wholly or partially owns 4 subsidiaries that are engaged in the same business. But NXE is a capital pool . IPO'd on NYSE in March 2017. NexGen is still in the exploration and development stage and has not yet made any revenue.
0.21%
Passed Utility Filter
NextEra produces 49.98% of its power from fossil fuels, 39.42% from renewables, 10.59% from nuclear, and 0.01% from non fossil fuel combustion. While it passes the generation mix criteria of > 50% non fossil fuel sources, 2.47% of its power comes from coal, but it has a plan to shut down its coal plants within the next 3 years. It exceeds state regulations.
5.00%
Passed Utility Filter
NextEra Energy Partners produces 100% of its power from renewables. None of its power comes from coal and it goes beyond requirements by local regulations on renewable portfolios.
0.42%
Nikola
Fraud
Nikola was credibly accused of fraud by whistleblower investors in 2020
-
Electric Vehicles
Pure Play
NIO produces electric SUVs and sedans for the Chinese market plus enable customers to swap their batteries using a subscription instead of needing to recharge.
4.12%
NiSource
Failed Utility Filter
NiSource produces 97.1% of its power from fossil fuels and 2.92% from renewables.
-
Electrical Utility
Pure Play
Niu generates 100% of its revenue from selling their electric-scooters. They have over 800,000 active riders using their products.
0.12%
NorthWestern
Failed Utility Filter
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.
-
Electrical Utility
NRG Energy
Failed Utility Filter
NRG produces 86% of its power from fossil fuels, 9% from renewables, and 5% from nuclear.
-
Electrical Utility
Pure Play
Nuvve sells vehicle to grid technology that allows EV owners to store and resell energy to the grid.
0.02%
NV5 Global
Lacks Sufficient Information
NV5 helps clients achieve net zero emissions in their buildings and deal with water distribution issues among other pro-climate projects, but it also works with many oil and gas companies. It is unclear what makes up a majority of its revenue.
-
Water Distribution
nVent Electric
Failed Defense Filter
nVent Electric sells military aerospace systems, battlefield networks and shipboard targeting systems, and combat aircrafts, which fails the defense filter since these products would be classified as weapons related.
-
Grid Expansion
Passed Revenue Filter
O2Micro sells integrated circuits that have many applications including LEDs, zero emission vehicles, phones, and more.
0.02%
Pure Play
Oatly sells plant-based dairy products made from oats.
0.49%
ObsEva SA
No Drawdown Solution
ObsEva makes health and pregnacy-related products, but not contraceptives, meaning it does make a Drawdown solution
-
Contraceptives
Ocean Power Technologies
Failed Revenue Filter
Ocean Power Technologies utilizes ocean power to provide electricity, a Drawdown solution. But 87% of its revenue comes from servicing the fossil fuel industry.
-
Ocean Power
OGE Energy
Failed Utility Filter
OGE produces 89% of its power from fossil fuels and 11% from renewables.
-
Electrical Utility
ON Semiconductor
No Drawdown Solution
ON manufacturs semiconductors for many industries, none of them specifically being Drawdown solutions.
-
Electric Vehicles
Passed Revenue Filter
Orbital gnerated 55.9% of its revenue from engineering, procurement, and construction services for utility-scale solar and the maintenance of electric power transmission and distribution infrastructure. It made 44.1% from designs, installs, and commissions industrial gas sampling, measurement and delivery systems.
0.02%
Passed Revenue Filter
Orion Energy Systems, derives its revenue in part from LED lighting products and works on retrofit projects, both of which are Drawdown solutions. It creates no products specifically for the fossil fuel industry.
0.02%
Pure Play
Ormat produces goethermal energy systems that enable utilities to generate electricity using the heat of the earth.
0.26%
Otter Tail
Failed Utility Filter
Otter Tail produces 70.68% of its power from fossil fuels and 29.32% from renewables.
-
Electrical Utility
Passed Revenue Filter
Owens Corning derives its revenue in part from insulation, a drawdown solution, while receiving no revenue from products specifically for the fossil fuel industry. The rest of its revenue comes from other building products like glass fiber materials.
0.61%
Pampa Energía
Failed Utility Filter
Pampa produces 85% of its power from fossil fuels and 15% from renewables.
-
Electrical Utility
Pentair
Failed Water Filter
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.
-
Water Distribution
Perma-Pipe International
Failed Water Filter
Perma-Pipe International does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
-
Water Distribution
Pfizer
Lacks Sufficient Information
It is unclear what the revenue breakdown of Pfizer's contraceptive and non-contraceptive products is.
-
Contraceptives
Passed Utility Filter
PG&E produces 52% of its power from renewables, 44% from nuclear, and 3% from non fossil fuel combustion. It does not produce any of its power from coal and goes beyond what is required by state regulation for energy portfolios.
1.48%
Passed Revenue Filter
PGT sells aluminum frames, energy efficient glass, and other window related products that helps buildings save energy through better insulation
0.09%
Pinnacle West Capital
Failed Utility Filter
Pinnacle produces 64.19% of its power from fossil fuels, 27.81% from nuclear, and 8% from renewables.
-
Electrical Utility
Planet Green Holdings
Fails Biofuel Filter
Less than 50% of Planet Green's biofuel production is advanced biofuel, leading it to fail the biofuel filter
-
Biofuels
Pure Play
Plug Power develops hydrogen fuel cell turnkey solutions through hydrogen fueling systems, proton exchange membrane technologies, and more.
1.41%
PNM Resources
Failed Utility Filter
PNM produces 62.6% of its power from fossil fuels, 23.1% from renewables, and 14.3% from nuclear.
-
Electrical Utility
Polar Power
Lacks Sufficient Information
Polar Power, manufactures DC power systems that help with grid flexibility, a Drawdown solution, but diesel, natural gas, and propane appear to the predominant formats. A revenue breakdown is not present.
-
Grid Expansion
Portland General Electric
Failed Utility Filter
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.
-
Electrical Utility
Passed Revenue Filter
Power Integrations sells analog and mixed-signal integrated circuits among other electronic circuitry, applications of which include LCD monitors, computers, and LED lighting.
0.40%
PPL
Failed Utility Filter
PPL produces 98.85% of its power from fossil fuels and 1.15% from renewables.
-
Electrical Utility
Passed Revenue Filter
Preformed Line Products derives the majority of its revenue from improving grid flexibility, a Drawdown solution, through the maintenance of energy networks, while creating no products specifically for the fossil fuel industry.
0.02%
Pure Play
Proterra generates 100% of its revenue from building and selling electric vehicles, including electric buses used in mass transit
0.16%
Public Service Enterprise Group
Failed Utility Filter
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.
-
Electrical Utility
Pure Play
PureCycle converts waste polypropylene (PP), often used in packaging and clothing, into virgin quality PP.
0.10%
Passed Revenue Filter
PyroGenesis derives its revenue in part from plasma torches (for use in battery production) and waste to energy operations, both Drawdown solutions. It derives no revenue products built specifically for the fossil fuel industry.
0.05%
Passed Revenue Filter
Quanta Services, derives 69.4% revenue from improving grid flexibility, a Drawdown solution, through various services, including the maintenance of electric power transmission and distribution infrastructure and substation facilities. It receives a smaller portion of its revenue (30.6%) from maintaining natural gas and oil distribution networks, which would be categorized as fossil fuel revenue.
1.08%
Pure Play
QuantumScape is fully focused on developign and selling solid-state lithium-metal batteries, some of which are used for EVs.
0.78%
Pure Play
Quest provides recycling services for a variety of items, including scrap tires, metal, and glass.
0.02%
Pure Play
ReneSola constructs solar projects and sells project rights. It also owns some its own solar projects which generate electricity that is sold to customers.
0.03%
Passed Biofuel Filter
Over 50% of REGI's revenue comes from advanced biofuels made from low carbon feedstocks that emit 75% less carbon that gasoline.
0.21%
Republic Services
Failed Landfill 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.
-
Recycling
Pure Play
Research Frontiers develops suspended particle device light control technology that undergirds dynamic glass technology.
0.02%
Resideo Technologies
No Drawdown Solution
Resideo tech makes wifi-connected thermostats, but not smart thermostates, the Drawdown solution
-
Net-zero building
Passed Revenue Filter
ReTo Eco-Solutions manufactures environmentally friendly construction materials using less cabon intensive alternative materials, eg. making cement with fly ash. Its products are have a variety of end uses, including water absorption, flood control, and water retention.
0.02%
REX American Resources
Fails Biofuel Filter
Less than 50% of Rex American's biofuel production is advanced biofuel, leading it to fail the biofuel filter
-
Biofuels
Rexnord
Failed Water Filter
Rexnord does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
-
Water Distribution
Rivian Automotive
Recent IPO
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.
-
Electric Vehicles
Passed Revenue Filter
Romeo makes 65% of its revenue from lithium-ion battery modules for commercial electric vehicles and 35% in a jointe venture focused on traditional automobiles.
0.03%
Roper Technologies
Failed Water Filter
Roper Technologies does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
-
Water Distribution
Pure Play
Save Foods sells post-harvest food acid and oxidizer blends that extend the shelf life of food, preventing food waste.
0.02%
Pure Play
SemiLEDs sells LED chips, components, and modules, which are used for general lighting, horticulture, polymer curing, and more.
0.02%
Passed Utility Filter
Sempra produces 52% of its power from renewables and 48% from fossil fuels. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
2.61%
SGOCO Group
No Drawdown Solution
SGOCO made zero revenue from their Drawdown solution, their LED business, in 2020
-
LED
Pure Play
Shoals sells electrical balance of system solutions for solar energy projects.
0.33%
Sociedad Química y Minera de Chile
No Drawdown Solution
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.
-
Nutrient Management
Pure Play
SolarEdge Technologies sells DC inverter systems for PVs among other solar products, EV charging solutions, lithium-ion cells and batteries, and uninterrupted power supply solutions.
1.18%
Spark Energy
Failed Utility Filter
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.
-
Electrical Utility
Pure Play
SPI Energy constructs solar projects for other power producers, owns its own solar projects which generate electricity that sells to utilities and other customers, and makes and sells both EVs and EV charging infrastructure.
0.02%
Passed Revenue Filter
SPX makes electrical transformers that enable the grid to expand. It also installs HVAC systems and underground pipe and cable locators.
0.17%
Steel Partners Holdings
Lacks Sufficient Information
Steel Partners Holdings L.P. produces LEDs, a Drawdown solution, but also produces tubing for the oil and gas industry, which is considered fossil fuel revenue. It also produces blades for meat/fish processing plants.
-
LED
Stellantis N.V.
Failed Revenue Filter
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.
-
Electric Vehicles
Pure Play
Stem makes it easy for buildings to most efficiently switch from onsite, to stored, to grid electricity with their artificial intelligence powered analytics platform that optimizes energy usage.
0.19%
Sterling Construction
Failed Water Filter
Sterling Construction does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
-
Water Distribution
Pure Play
Sunnova is a leading residential solar in the US
0.31%
Pure Play
SunOpta sells plant-based foods and beverages, many of which use almond, soy, coconut, oat, or hemp.
0.05%
Pure Play
SunPower sells electricity generated from solar as well as solar energy solutions and inverters. Some of its main customers include electrical utilities and
0.36%
Pure Play
Sunrun sells solar energy systems, such as panels, and also sells battery storage systems, primarily to residential homeowners..
0.76%
Pure Play
Sunworks sells photovoltaic systems for power production for residential and commercial and industrial clients.
0.02%
Tantech Holdings
No Drawdown Solution
Tantech Holdings put a hold on manufacturing electric vehicles, meaning they do not produce a Drawdown solution
-
Electric Vehicles
Tata Motors
Failed Revenue Filter
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.
-
Electric Vehicles
Tattooed Chef
No 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.
-
Plant-based diet
Passed Revenue Filter
Tecnoglass sells a range of high performance windows and derives no revenue from products dependent upon the fossil fuel industry.
0.09%
Pure Play
Tesla generates 100% of its revenue from Drawdown solutions: electric vehicles, solar energy generation, and energy storage products.
5.00%
Tetra Tech
Lacks Sufficient Information
Tetra Tech helps clients achieve net zero emissions in their buildings among other pro-climate projects, but it also works with many oil and gas companies. It is unclear what makes up a majority of its revenue.
-
Water Distribution
Teva Pharmaceutical Industries
Lacks Sufficient Information
It is unclear what the revenue breakdown of Teva's contraceptive and non-contraceptive products is.
-
Contraceptives
The AES
Failed Utility Filter
AES produces 78% of its power from fossil fuels and 22% from renewables.
-
Electrical Utility
The Cooper Companies
Failed Contraceptive Filter
Cooper sells healthcare products like contact lenses, fertility products, and contraceptives, but makes less than 50% of its revenue from contraceptives
-
Contraceptives
The Gorman-Rupp
No Drawdown Solution
Gormann-Rupp builds heat pumps, but not high-efficiency heat pumps, meaning they do not produce a Drawdown solution
-
Heat Pumps
Passed Revenue Filter
Hain sells a variety of plant-based snack products like tortilla chips, whole grain chips, and pita chips.
0.28%
Pure Play
Lion Electric sells all-electric medium and heavy-duty urban vehicles like trucks and buses to electrify mass transportation.
0.17%
The Metals Company
Recent IPO
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.
-
Energy Storage
The Southern
Failed Utility Filter
The Southern produces 68% of its power from fossil fuels, 17% from nuclear, and 15% from coal.
-
Electrical Utility
TherapeuticsmMD
Lacks Sufficient Information
It is unclear what the revenue breakdown of TherapeuticsmMD's contraceptive and non-contraceptive products is.
-
Contraceptives
Passed Revenue Filter
TopBuild sells insulation products for buidlings, as well as other home products like rain gutters, glass, and afterpaint. It makes no revenue specifically from serving the fossil fuel industry
0.54%
Toyota Motor
Failed Revenue Filter
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.
-
Hybrid Cars
Passed Revenue Filter
TPI Composities generates 96% of its revenue from composite wind blades and related precision molding and assembly systems and the rest from manufacturing composite structures for automotive companies.
0.09%
Passed Revenue Filter
Trane sells various HVAC products including high efficiency heat pumps, a Drawdown solution.
2.74%
TransAlta
Failed Utility Filter
TransAlta produces 65% of its power from fossil fuels and 35% from renewables.
-
Electrical Utility
Trimble
No Drawdown Solution
Trimble does not build any of its products for EV's specifically, meaning it does not offer a Drawdown solution
-
Electric Vehicles
Tutor Perini
Failed Defense Filter
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.
-
Mass Transit
Uber Technologies
No Drawdown Solution
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.
-
Carpooling
Ultralife
Failed Defense Filter
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
-
Electric Vehicles
Unitil
Lacks Sufficient Information
Unitil did not provide complete enough power generation info to determine if they pass or fail the utility filter.
-
Electrical Utility
Passed Revenue Filter
Universal Display sells LED products for display and solid-state lighting applications. It also provides contract research services for chemical materials synthesis.
0.56%
Pure Play
Ur-Energy explores uranium mineral properties and has a stake in 12 projects in the U.S, helping power nuclear energy, a Drawdown solution.
0.03%
Passed Revenue Filter
Uranium Energy extracts and processes uranium, helping power the nuclear energy industry, as well as and titanium concentrates.
0.05%
US Ecology
Failed Landfill Filter
US Ecology, does not have landfill gas to energy operations in a majority of its landfills, thus failing the landfill gas filter.
-
Recycling
Passed Revenue Filter
Valmont Industries, derives its revenue in part from irrigation efficiency and improving grid flexibility, both Drawdown solutions, through the sale of precision irrigation solutions and structures for utility transmission and distribution, while receiving no revenue from products specifically built for the fossil fuel industry.
0.33%
Passed Revenue Filter
Veeco sells semiconductor and thin film process equipment, which can be used to make a variety of products including solar PVs, LEDs, and laser diodes.
0.07%
Vertiv Holdings
Lacks Sufficient Information
Vertiv Holdings Co improves grid flexibility, but has some customers in the fossil fuel industry whose portion of the revenue is not given.
-
Grid Expansion
Passed Contraceptive Filter
Veru makes more than 50% of its revenue from selling contraceptives and also develops medicines related to prostate and breast cancer.
0.03%
Vicor
Failed 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.
-
Grid Expansion
Pure Play
View's dynamic glass is cloud-connected, automated, and allows for control of settings through smart devices in order to adjust for heat, lighting, and more.
0.09%
Passed Revenue Filter
Village Farms sells greenhouse grown produce and conducts cannabis operations. It also operates a methane digester power plant and sells electricity generated from the plant to the British Columbia Hydro and Power Authority.
0.05%
Viomi Technology
No Drawdown Solution
Viomi does not sell smart themostats, meaning they do not produce a Drawdown solution
-
Smart Thermostat
Vistra
Failed Utility Filter
Vista produces 88.4% of its power from fossil fuels, 11.3% from nuclear, and 0.3% from renewables.
-
Electrical Utility
Passed Revenue Filter
Vivint sells cloud-enabled smart home operating systems that enable home owners to run their HVAC and other systems with less energy.
0.12%
VivoPower International
Lacks Sufficient Information
VivoPower did not provide complete enough power generation info to determine if they pass or fail the utility filter.
-
Electrical Utility
Passed Revenue Filter
Waste Connections passes the landfill gas filter, but has no revenue breakdown present for its clean-up of oilfields, which is categorized as fossil fuel revenue.
2.26%
Passed Landfill Filter
Waste Management has 146 out of 268 landfill operations equipped with a landfill gas capture to energy project, meaning it has the majority needed to pass the landfill filter.
4.27%
Passed Revenue Filter
Watts sells generated 52% of its revenue residential & commercial leak detection and water quality monitoring products, and less than 30% of its revenue from gas products like boilers.
0.40%
WEC Energy Group
Failed Utility Filter
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.
-
Electrical Utility
Passed Revenue Filter
WESCO sells basic grid upgrade equipment like wires and cables but also smart grid products and range of transformers and distribution hardware.
0.42%
Westinghouse Air Brake Technologies
No Drawdown Solution
-
Mass Transit
Pure Play
Westwater Resources generates 100% of its revenue from selling battery-ready graphite materials, a key component in battery construction.
0.02%
Whole Earth Brands
Fails Tobacco Filter
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
Passed Revenue Filter
Wildan provides consulting services to clients for primarily for energy efficiency goals, grid optimization, and building retrofits, plus provides civil engineering consulting services as well.
0.03%
Williams Industrial Services Group
Lacks Sufficient Information
Williams Industrial Services Group maintains nuclear projects and some renewable projects, but also works on fossil fuel plants. It is unclear which is a majority of their revenue.
-
Nuclear Power
Workhorse Group
Fraud
Workhorse Group was credibly accused of fraud by a shortselling investor in 2021
-
Electric Vehicles
Xcel Energy
Failed Utility 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.
-
Electrical Utility
Pure Play
XL Fleet. sells various EV products, such as hybrid electric drive systems and electrification-as-a-service, and lithium-ion battery packs. Over 150 million miles have been driven on XL's hybrid systems.
0.05%
Pure Play
XPeng sells electric vehicles, including electric sedans for the fast growing Chinese market.
2.55%
Passed Revenue Filter
Xylem sells water infrastructure services related to transport and treatment, applied water solutions, and measurement & control solutions like leak detection and remote monitoring. They create no products specifically for the fossil fuel industry.
1.49%
Pure Play
Zoom offers video, phone, and chat communications technology and services.
4.94%
Zymergen
Lacks Sufficient Information
Zymergen biofacturing and bio-based products like adhesives largely for electronics, but not creation of bioplastics. They IPO'd in April 2021, lack an annual report/investor presentation/description of their products & services
-
Bioplastics
A. O. Smith
-
Solar Water
A. O. Smith sells solar water heaters as well as gas water heaters. They provide no breakdown to see which they generate more revenue from
Lacks Sufficient Information
0.24%
AAON sells geothermal/water-source heat pumps, a Drawdown solution. It derives no revenue from products built specifically for the fossil fuel industry.
Passed Revenue Filter
4.34%
ABB makes most of its revenue from grid flexibility and EVs through the sale of substation packages and charging infrastructure. It receives no revenue from products specifically built for the fossil fuel industry.
Passed Revenue Filter
Abbvie
-
Contraceptives
Abbvie makes less than 50% of its revenue from contraceptives, thus failing the contraceptives filter.
Failed Contraceptive Filter
0.47%
Acuity sells lighting and building management products, including LED drivers, power suppliers, inverters, and more, and sells no products specifically to the fossil fuel industry
Passed Revenue Filter
Advanced Drainage Systems
-
Water Distribution
Advanced Drainage Systems does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
Failed Water Filter
Advanced Energy Industries
-
Energy Storage
Advanced Energy Industries, sold their renewables business and therefore no longer produces a Drawdown solution
No Drawdown Solution
Advent sells components that influence the performance of hydrogen fuel cells to power, aviataion, automotive markets, and more.
Pure Play
AECOM
-
Net-zero building
AECOM helps clients achieve net zero emissions in their buildings among other pro-climate projects, but it also works with many oil and gas companies. It is unclear what makes up a majority of its revenue.
Lacks Sufficient Information
Aemetis
-
Biomass
Less than 50% of Aemetis' biofuel production is advanced biofuel, leading it to fail the biofuel filter
Fails Biofuel Filter
Agile makes 100% of its revenue from selling a prescription combination hormonal contraceptive patch.
Pure Play
Agrify makes its revenue in part from the sale of LED grow lights, a Drawdown solution. It builds no products specifically for the fossil fuel industry.
Passed Revenue Filter
Agrofresh sells products like packaging solutions that extend the shelf life of food, preventing food waste from the spoilage of produce.
Pure Play
Albemarle
-
Energy Storage
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.
Failed Revenue Filter
Algonquin produces 68% of its power from renewables and 28% from mixed sources. Even if all power produced from mixed sources was from fossil fuels, Algonquin would still have >50% power from non fossil fuel sources. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
Passed Utility Filter
ALLETE
-
Electrical Utility
Allete did not provide complete enough power generation info to determine if they pass or fail the utility filter
Lacks Sufficient Information
Alliant Energy
-
Electrical Utility
Alliant produces 86.29% of its power from fossil fuels and 13.71% from renewables.
Failed Utility Filter
Ameren
-
Electrical Utility
Ameren did not provide complete enough power generation info to determine if they pass or fail the utility filter
Lacks Sufficient Information
Ameresco makes buildings more energy efficient through focus on systems like the HVAC system. It also builds renewable power plants, sells solar PV products, and owns and operates a wind power project.
Pure Play
American Electric Power
-
Electrical Utility
American Electric Power produces 73% of its power from fossil fuels, 17% from renewable sources, 7% from nuclear, and 3% from energy efficiency.
Failed Utility Filter
0.02%
Amtech Systems derives its revenue in part from LED lighting, a drawdown solution, through the sale of capital equipment and related consumables for use in LEDs while creating no products specifically for the fossil fuel industry.
Passed Revenue Filter
Apogee sells aluminum frames, architectural glass, and value-added glass and acrylic products that help buildings stay better insulated. It builds no products specifically for the fossil fuel industry.
Passed Revenue Filter
5.00%
Applied Materials derives its revenue in part from the promotion of LEDs and solar PVs, through the sale of LED products and products used to manufacture solar PVs. It creates no products specifically for the fossil fuel industry.
Passed Revenue Filter
Aqua recycles lead that is primarily used in lead acid batteries, resulting in lead that has greater than 99.9% purity.
Pure Play
0.03%
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 Turbines
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.
Failed Revenue Filter
Argan
-
Biomass
Argan has a gas fired plant as well as providing services for other Drawdown solutions. It is unclear which it derives more revenue from.
Lacks Sufficient Information
0.17%
Array sells solar tracking systems that use machine learning to identify the best positioning for a solar array to increase energy production.
Pure Play
0.66%
Arrival makes 100% of its revenue from electric vans and buses and is developing an electric car in partnership with Uber to electrify ridesharing.
Pure Play
Atlantic Power
-
Electrical Utility
Atlantic produces 70% of its power from fossil fuels, 20% from non fossil fuel combustion, and 10% from renewables.
Failed Utility Filter
Atlantica produces 55.76% of its power from renewables and 44.24% from fossil fuels. None of its power comes from coal and it goes beyond requirements by local regulations on renewable portfolios.
Passed Utility Filter
Atlas Technical derives some of its revenue from promoting Drawdown solutions like water distribution efficiency. It creates no products specifically for the fossil fuel industry.
Passed Revenue Filter
0.07%
AudioCodes offers software and productivity solutions for virtual work environments, including VoIP network routing solutions, media servers, and value added applications.
Pure Play
1.30%
Avangrid produces 91.95% of its power from renewable sources, 7.42% from fossil fuels, and 0.63% from non fossil fuel combustion. It does not use coal for power generation. It exceeds state regulations.
Passed Utility Filter
Avista
-
Electrical Utility
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.
Failed Utility Filter
AXT sells semiconductor substrates used in LEDs, thermal imaging, and autonomous vehicles. It makes no products specifically for the fossil fuel industry, thus passing our revenue filter.
Passed Revenue Filter
0.02%
Ayro makes all of its revenue from selling electric vehicles for last-mile delivery, which can access tight areas like university paths and business parks.
Pure Play
Azure produces 100% of its power from renewables. It does not use coal to produce any of its power and exceeds what is required by local regulations.
Passed Utility Filter
AZZ
-
Nuclear Power
AZZ sold their nuclear logistics business and therefore no longer produces a Drawdown solution
No Drawdown Solution
Babcock & Wilcox Enterprises
-
Waste to Energy
Babcock & Wilcox produces waste to energy and biomass solutions, both Drawdown solutions. It also works on carbon capture technologies, but not storage which we would define as fossil fuel revenue. A revenue breakdown is not present
Lacks Sufficient Information
Badger Meter sells water meters that can help water utilities detect leaks.
Passed Revenue Filter
Ballard sells proton exchange membrane fuel cell to transit bus, rail, critical infrastructure industries, and more.
Pure Play
Beacon Roofing Supply is included because it sells and distributes insulation products, solar paneling, solar inverters and solar panels mounting hardware, all Drawdown solutions, while deriving no revenue from products specifically made the fossil fuel industry.
Passed Revenue Filter
0.02%
Beam Global sells EV charging solutions, such as an infrastructure product that uses solar power and battery storage to power an EV charging station.
Pure Play
Belden
-
Building Automation
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
No Drawdown Solution
0.40%
Beyond Meat sells various plant-based meat products. It has partnered with various fast food chains like McDonald's, KFC, Taco Bell, and Pizza Hut.
Pure Play
Bioceres Crop Solutions
-
Food Waste
Bioceres' products help maximize crop yield, not reduce food waste, leaving them without a Drawdown solution
No Drawdown Solution
BioHiTech sells biodigesters that enable schools, hospitals, and grocery stores to turn organic waste into fertilizer & fuel instead of going to rot in landfills.
Pure Play
Black Hills
-
Electrical Utility
Black Hills produces 90.99% of its power from fossil fuels and 9.01% from renewables.
Failed Utility Filter
Blink operates EV charging stations that are placed in various locations across a wide geographic range. EV owners pay to recharge their vehicles at these stations.
Pure Play
Bloom Energy
-
Fuel Cells
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.
Failed Revenue Filter
BorgWarner
-
Electric Vehicles
BorgWarner produces some solutions for EVs, a Drawdown solution, but makes a much larger portion of its revenue from traditional ICE vehicles.
Failed Revenue Filter
0.02%
Broadwind derives the majority of its revenue from the promotion of wind energy, a Drawdown solution, through selling steel towers and adapters to wind turbine manufacturers. It receives a smaller portion of its revenue from selling gearing, gearboxes, and systems to the oil and gas industry, which is categorized as fossil fuel revenue.
Passed Revenue Filter
Brookfield Infrastructure Partners
-
Electrical Utility
Brookfield Infrastructure did not provide complete enough power generation info to determine if they pass or fail the utility filter
Lacks Sufficient Information
0.96%
Brookfield produces 97.24% of its power from renewables and 2.76% from unknown sources. Even if the unknown sources were all fossil fuel, it would still have >50% non fossil fuel power generation. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
Passed Utility Filter
Burcon makes plant-based products like plant proteins and dairy alternatives.
Pure Play
BWX Technologies
-
Nuclear Power
BWX performs fabrication activities for missile launch tubes for US submarines, which fails the defense filter as this would be classified as weapons related.
Failed Defense Filter
0.61%
Cameco mines and sells uranium for the purposes of nuclear fuel production.
Pure Play
0.16%
Canadian Solar sells solar ingots, wafers, cells, modules, panels and other solar power products.
Pure Play
0.12%
Canoo makes all of its revenue from a range of electric delivery and mutli-purpose vehicles including an electric skateboard.
Pure Play
Capstone Green Energy
-
Microgrid
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.
Failed Revenue Filter
Capstone Turbine
-
Microgrid
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.
Failed Revenue Filter
Carlisle Companies
-
Net-zero building
Carlisle sells in-flight connectivity applications for military aircrafts, which fails the defense filter because it sells a product to the defense industry that is not a Drawdown solution.
Failed Defense Filter
2.88%
Carrier sells HVAC products including high efficiency heat pumps. It also sells refrigeration services and building systems like those for carbon monoxide detection.
Passed Revenue Filter
Casella Waste Systems derives its revenue in part from recycling, a Drawdown solution, and has landfill gas to energy operations, another Drawdown solution, at over 50% of the landfills it owns. It receives no revenue from products built for the fossil fuel industry.
Passed Revenue Filter
CBAK makes 100% of its revenue from selling lithium batteries that are used in EV, electric tool, and energy storage applications.
Pure Play
CenterPoint Energy
-
Electrical Utility
CenterPoint produces 99.6% of its power from fossil fuels, 0.23% from non fossil fuel combustion, and 0.16% from renewables.
Failed Utility Filter
Centrais Elétricas Brasileiras - Eletrobrás
-
Electrical Utility
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.
Failed Utility Filter
Central Puerto
-
Electrical Utility
Central Puerto produces 67.13% of its power from fossil fuels and 32.87% from renewables.
Failed Utility Filter
0.05%
Centrus sells various components of nuclear fuel eg. parts of low-enriched uranium, and the provision of technical solutions to deploy advanced nuclear fuel production capabilities.
Pure Play
CF Industries Holdings
-
Nutrient Management
CF Industries creates nitrogen products for agriculture but they do not help promote nutrient management, a Drawdown solution
No Drawdown Solution
ChargePoint sells EV charging solutions like smart charging stations for electric vehicles, which can be used by fleets or individual owners.
Pure Play
China Recycling Energy
-
Waste to Energy
China Recycling Energy conducts waste to energy operations, but also utilizes gas from coal mining, which is considered as fossil fuel revenue. A revenue breakdown is not present.
Lacks Sufficient Information
China XD Plastics
-
Bioplastics
China XD Plastics Limited derives the majority of its revenue from traditional plastics like polypropylene.
Failed Revenue Filter
Church & Dwight
-
Contraceptives
Church & Dwight owns Trojan condoms, but makes less than 50% of its revenue from them, thus failing to pass the contraception filter.
Failed Contraceptive Filter
0.05%
CleanSpark sells distributed energy systems and microgrids, which help optimize energy consumption. It also provides a variety of digital services, including creative design.
Passed Revenue Filter
0.02%
ClearOne sells audio conferencing products, as well as sound-reinforcement products that help with connecting virtually.
Pure Play
0.45%
Clearway produces 62.68% of its power from renewables and 37.32% from fossil fuels. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
Passed Utility Filter
CMS Energy
-
Electrical Utility
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.
Failed Utility Filter
CN Energy Group
-
Biofuels
Less than 50% of CN Energy Group's biofuel production is advanced biofuel, leading it to fail the biofuel filter
Fails Biofuel Filter
Comfort Systems USA derives revenue from replacing old HVAC systems with more efficient systems, a Drawdown solution, while creating no products specifically for the fossil fuel industry.
Passed Revenue Filter
Commercial Metals recycles steel and metal products, a Drawdown solution, while building no products specifically for the fossil fuel industry.
Passed Revenue Filter
Companhia Energética de Minas Gerais produces 100% of its power from renewable sources. It exceeds state regulations.
Passed Utility Filter
Consolidated Edison
-
Electrical Utility
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.
Failed Utility Filter
Corning
-
LED
Corning produces LED products and also emissions control products for the fossil fuel industry. It is unclear which is a greater percentage of the revenue.
Lacks Sufficient Information
Corteva
-
Food Waste
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
No Drawdown Solution
Covanta
-
Waste to Energy
Covanta was acquired by a private entity on Dec 1, 2021 and is therefore removed from the Climate Index. Covanta makes a large portion of its revenue from waste to energy operations, a Drawdown solution. While it does own landfills which do not have >=50% landfill gas capture, these are for the purpose of ash disposal from its WtE operations and it does not appear revenue is derived from these landfills.
Failed Revenue Filter
Cree
-
LED
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.
Failed Defense Filter
CRH
-
Alternative Cement
High-Performance Glass is a small part of their revenue. CRH still makes most of its revenue from conventional cement, concrete and asphalt. They're investing in alternative cement that's lower emission, that's still under 15% of the total material they use to make cement
Failed Revenue Filter
Crown's glass changes its opacity and reflectiveness in response to outside weather conditions. Unlike others, Crown's glass also allows for manual control
Pure Play
CSW Industrials manufactures products to make HVAC/R systems more efficient, a climate solution, and derives a large portion of its revenue from those products. It derives a much smaller portion of its revenue from sales to oilfields; this would be considered fossil fuel revenue.
Passed Revenue Filter
Cummins
-
Electric Vehicles
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.
Failed Revenue Filter
CVD Equipment
-
LED
CVD sells MesoPlasma™ printing services and products (heaters, antennas, and sensors) to the defense industry, which fails the revenue filter because it sells something to the defense industry that is not a Drawdown solution.
Failed Defense Filter
Daktronics
-
LED
Daktronics sells LED displays for various purposes like sports, architecture, and more.
No Drawdown Solution
Dana
-
Electric Vehicles
Dana sells both EV and ICE parts. A revenue breakdown between those two segments is not provided.
Lacks Sufficient Information
Danimer produces bio-based plastics using microorganisms to create polyesters by feeding them inexpensive plant oils.
Pure Play
0.36%
Daqo sells high purity polysilicon used in solar photovoltaics to photovoltaic manufacturers.
Pure Play
Delta Air Lines
-
Efficient Aviation
While Delta is known for its forward thinking stance on climate, it does not derive any revenue from its sustainability initiatives.
No Drawdown Solution
Diodes sells discrete semiconductor products, which are heavily used in the consumer electronics industry, as well as analog products comprising power management devices like LED lighting drivers, which are crucial to an LED circuit.
Passed Revenue Filter
3.49%
DocuSign provides an e-signature solution allows for digital signing of agreements and documents, saving many sheets of paper and transit miles
Pure Play
Dominion Energy
-
Electrical Utility
Dominion did not provide complete enough power generation info to determine if they pass or fail the utility filter
Lacks Sufficient Information
Dow
-
Bioplastics
Dow makes both traditional and bioplastics. A revenue breakdown is not present.
Lacks Sufficient Information
DTE Energy
-
Electrical Utility
DTE produces 67.13% of its power from fossil fuels, 21.07% from nuclear, 10.26% from nuclear, and 1.54% from renewables.
Failed Utility Filter
Duke Energy
-
Electrical Utility
Duke Energy produces 61% of its power from fossil fuels, 37% from nuclear, and 2% from renewable.
Failed Utility Filter
DuPont de Nemours
-
Solar PVs
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.
Failed Revenue Filter
4.19%
Eaton derives the majority of its revenue from improving grid flexibility, a Drawdown solution, through the sale of various electrical and power products. It receives a smaller portion of its revenue from the automotive industry, which would be categorized as fossil fuel revenue.
Passed Revenue Filter
Ecolab
-
Water Distribution
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
Failed Revenue Filter
Edison International
-
Electrical Utility
Edison International did not provide complete enough power generation info to determine if they pass or fail the utility filter
Lacks Sufficient Information
Electrameccanica Vehicles
-
Electric Vehicles
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.
Failed Revenue Filter
Ellomay Capital
-
Electrical Utility
Ellomay produces 75.5% of its power from fossil fuels, 15.6% from renewables, and 8.5% from non fossil fuel combustion.
Failed Utility Filter
eMagin
-
LED
eMagin sells weapons sights, which fails the defense filter because this would be categorized as a weapons-related sale.
Failed Defense Filter
Emerson Electric
-
Smart Thermostat
Emerson Electric Co. produces smart thermostats, a Drawdown solution, but also sells certain products to the oil and gas industry. It is unclear which segment it makes more revenue from.
Lacks Sufficient Information
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
-
Electrical Utility
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima did not provide complete enough power generation info to determine if they pass or fail the utility filter
Lacks Sufficient Information
Enbridge
-
Solar PVs
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.
Failed Revenue Filter
Enel Américas
-
Electrical Utility
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.
Failed Utility Filter
0.19%
Enel Chile 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, 4.9% of its power comes from coal, but it has a plan to shut down its coal plants within the next 3 years. It exceeds state regulations.
Passed Utility Filter
Energizer Holdings
-
LED
Energizer Holdings, makes only batteries for household products and lighting products for flashlights and headlamps, neither of which are Drawdown solutions.
No Drawdown Solution
0.02%
Energy Focus makes a variety of LED products, such as replacements for fluorescent lamps and retrofits for military facilities.
Pure Play
EnerSys
-
Grid Expansion
EnerSys sells missiles and smart weapons, which fails the defense filter since it sells weapons to the defense industry.
Failed Defense Filter
2.00%
Enphase sells microinverters, energy monitoring software, and AC battery storage systems to solar distributors, OEMs, homeowners, and more.
Pure Play
Entergy
-
Electrical Utility
Entergy produces 61.76% of its power from fossil fuels, 38.01% from nuclear, and 0.23% from renewables.
Failed Utility Filter
Eos makes 100% of its revenue from selling battery storage solutions to utilities (and other customers). Its batteries have 98.2% of capacity retained annually.
Pure Play
ESCO Technologies
-
Wind Turbines
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.
Failed Defense Filter
Euro Tech Holdings
-
Water Distribution
Euro Tech Holdings does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
Failed Water Filter
Evergy
-
Electrical Utility
Evergy produces 50% of its power from fossil fuels, 29% from renewables, and 21% from nuclear.
Failed Utility Filter
Eversource Energy
-
Electrical Utility
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.
Failed Utility Filter
Evofem makes 100% of it's revenue from a contraceptive gel. They are also working on a vaginal gel that reduces certain infections.
Pure Play
Evoqua Water Technologies
-
Water Distribution
Evoqua Water Technologies does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
Failed Water Filter
3.32%
Exelon produces 60.25% of its power from nuclear, 29.77% from fossil fuels, 9.62% from nuclear, and 0.36% from non fossil fuel combustion. It produces no power from coal and exceeds what is required of it by state regulations.
Passed Utility Filter
0.02%
EZGO generates 100% of its revenue from selling e-bicycles, e-tricycles, and lithium batteries to the fast-growing Chinese market.
Pure Play
0.82%
First Solar sells its unique glass cadmium telluride solar modules as well as power plant solutions.
Pure Play
FirstEnergy
-
Electrical Utility
FirstEnergy produces over 95% of its power from fossil fuels. The rest is from renewables.
Failed Utility Filter
0.30%
Fisker generates 100% of its revenue from selling and leasing luxury and high end electric vehicles.
Pure Play
Flexible Solutions International
-
Nutrient Management
Flexible Solutions International produces nitrogen conservation products, a Drawdown solution, but also produces products for the oil and gas industries. A revenue breakdown is not present
Lacks Sufficient Information
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
FMC
-
Food Waste
FMC's products help protect crops from pests, not reduce food waste, leaving them without a Drawdown solution
No Drawdown Solution
Ford Motor
-
Electric Vehicles
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.
Failed Revenue Filter
Fortis
-
Electrical Utility
Fortis did not provide complete enough power generation info to determine if they pass or fail the utility filter
Lacks Sufficient Information
Franklin Electric
-
Water Distribution
Franklin Electric does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
Failed Water Filter
FTC Solar sells solar tracking systems that identifies the best positioning for a solar array to increase energy production.
Pure Play
FuelCell Energy
-
Microgrid
FuelCell energy makes hydrogen fuel cells, a Drawdown solution. They also sell carbon capture services (but not storage) to the oil and gas industry, which we categorize as fossil fuel revenue. A revenue breakdown between the two is not present
Lacks Sufficient Information
0.02%
Fusion Fuel Green makes green hydrogen, while producing zero carbon emissions. While it does sell to natural gas networks, this is to replace fossil fuels with green hydrogen to help them meet decarbonization goals and therefore is not considered fossil fuel revenue.
Pure Play
FutureFuel
-
Biofuels
Less than 50% of FutureFuel's biofuel production is advanced biofuel, leading it to fail the biofuel filter
Fails Biofuel Filter
Generac Holdings
-
Energy Storage
Generac Holdings derives part of its revenue from the Drawdown solution of energy storage. It however has fossil fuel profucts and a large natural gas customer base that is not quantified and no revenue breakdown for that segment is present.
Lacks Sufficient Information
General Electric
-
Wind Turbines
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.
Failed Revenue Filter
General Motors
-
Electric Vehicles
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.
Failed Revenue Filter
Genie Energy
-
Electrical Utility
Genie Energy did not provide complete enough power generation info to determine if they pass or fail the utility filter
Lacks Sufficient Information
Genuine Parts
-
Electric Vehicles
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.
Failed Revenue Filter
Gevo
-
Efficient Aviation
Less than 50% of Gevo's biofuel production is advanced biofuel, leading it to fail the biofuel filter
Fails Biofuel Filter
GFL Environment recycles steel and metal products, a Drawdown solution, while deriving no revenue from products created specifically for the fossil fuel industry.
Passed Revenue Filter
Gibraltar Industries derives its revenue in part from solar PVs, a drawdown solution, through the sale of solar racking and electrical balance of systems, while creating no products specifically for the fossil fuel industry.
Passed Revenue Filter
Graham
-
Heat Pumps
Graham builds heat pumps, but not high-efficiency heat pumps, meaning they do not produce a Drawdown solution
No Drawdown Solution
Granite Construction
-
Water Distribution
Granite Construction does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
Failed Water Filter
Green Plains
-
Biofuels
Less than 50% of Green Plain's biofuel production is advanced biofuel, leading it to fail the biofuel filter
Fails Biofuel Filter
Greenland Technologies Holding
-
Electric Vehicles
Greenland Technologies Holding has yet to produce any electric vehicles since that division was opened in December 2020.
No Drawdown Solution
GreenPower generates 100% of its revenue from electric vehicles for passenger, student, and cargo transportation.
Pure Play
Hannon Armstrong only invests in sustainable projects, from building energy efficient to solar and wind farms.
Pure Play
0.09%
Harsco generates 82% of its revenue from industrial recycling and waste management services, and the rest from maintenance, repair, and construction services for railway tracks.
Passed Revenue Filter
Hawaiian Electric Industries
-
Electrical Utility
Hawaiian Electric produces 71.6% of its power from fossil fuels, 23.9% from renewables, and 4.5% from non fossil fuel combustion.
Failed Utility Filter
Helios Technologies
-
Water Distribution
Helios Technologies does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
Failed Water Filter
0.02%
Highway Holdings does metal stampings and manufactures a variety of mechnical and electronic products, including LED power supplies, otherwise known as LED drivers.
Passed Revenue Filter
Honda Motor
-
Hybrid Cars
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.
Failed Revenue Filter
Honeywell International
-
Smart Thermostat
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.
Failed Defense Filter
Huaneng Power International
-
Electrical Utility
Huaneng Power did not provide complete enough power generation info to determine if they pass or fail the utility filter
Lacks Sufficient Information
Hubbell
-
Grid Expansion
Hubbell derives a large part of its revenue from producing solutions that enhance Grid Flexibility, but also has customers in the gas industry whose portion of the revenue is not specified.
Lacks Sufficient Information
Hudson provides various refrigerant management solutions, including reclamation of refrigerants and hydrostatic testing which checks for leaks.
Pure Play
Hyliion Holdings
-
Electric Vehicles
Hyliion Holdings derives its revenue by selling electrified and hybrid powertrain solutions, a Drawdown solution, but also sells powertrain systems that can be fueled with CNG, which is considered fossil fuel revenue. The revenue breakdown between these products is not provided.
Lacks Sufficient Information
0.52%
IAA allows for the sale of total loss, damaged, and low-value vehicles, as well as their parts, limiting automotive waste and reducing the need for new manufacturing.
Pure Play
IDACORP
-
Electrical Utility
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.
Failed Utility Filter
0.05%
Ideanomics generated 74.6% of its revenue from EVs and EV charging infrastructure and 19.3% from traditional combustion vehicles in 2020.
Passed Revenue Filter
IDEX
0.05%
Water Distributionlt
IDEX produces fluid and metering technologies, but not water conservation technologies, meaning they do not produce a Drawdown solution.
No Drawdown Solution
IES Holdings
-
Wind Turbines
IES Holdings services both wind energy projects and solar projects, both Drawdown solutions. It also services refineries, which are categorized as fossil fuel revenue. It is unclear which takes up a greater portion of the revenue.
Lacks Sufficient Information
IEA generates 65.2% of its revenue from installing and restoring infrastructure services for wind and solar industries. It also offers heavy civil construction services like road and bridge construction.
Passed Revenue Filter
Installed Building Products sells insulation products, including fiberglass, cellulose, and spray foam. It also sells advanced caulk and sealant products.
Passed Revenue Filter
iSun sells solar engineering, procurement and construction services. It also has an electrical and data segment that is separate from its solar offerings.
Passed Revenue Filter
0.23%
Itron generates 60.8% of its revenue from device solutions that deal with water measurement and control and networked solutions like smart meters and leak detection products. It builds no products specifically for the fossil fuel industry.
Passed Revenue Filter
0.17%
Jinko sells solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also constructs solar projects for power production.
Pure Play
Jiuzi makes all of its revenue from selling EVs and EV sales franchines in China, one of the fastest growing automobile markets on the planet.
Pure Play
Manufactures heat pumps and HVAC solutions
Passed Revenue Filter
0.07%
Kaltura offers video products that are heavily used in distance learning for virtual classrooms.
Pure Play
Kandi generated 61.2% of its revenue from EV parts and electric scooters and 38.8% from traditional offroad vehicles in 2020.
Passed Revenue Filter
Karat Packaging
-
Bioplastics
Karat Packaging produces packaging with both traditional and bioplastics. It is unclear which of the two comprise a majority of the revenue.
Lacks Sufficient Information
Kenon Holdings
-
Electrical Utility
Kenon Holdings did not provide complete enough power generation info to determine if they pass or fail the utility filter
Lacks Sufficient Information
Korea Electric Power
-
Electrical Utility
Korea Electric Power did not provide complete enough power generation info to determine if they pass or fail the utility filter
Lacks Sufficient Information
KULR sells thermal management technologies that are used in the lithium-ion batteries to ensure they stay within safe operating temperatures.
Pure Play
Laird sells plant-based food, such as hydrate coconut water and renew plant-based proteins.
Pure Play
Lear
-
Hybrid Cars
Lear manufactures some electrification products, but 94.1% of its revenue comes from acting as a supplier for traditional automotives.
Failed Revenue Filter
Lennox sells HVAC systems, which include high effiiciency heat pumps and air conditioners. They also sell refrigeration systems.
Passed Revenue Filter
LG Display
-
LED
The LEDs that LG makes are all used in their TV and smartphone displays. Tech displays are not a Drawdown solution.
No Drawdown Solution
2.17%
Li Auto generates 100% of its revenue from selling electric SUV's and luxury vehicles in China, one of the fastest growing markets for SUV's
Pure Play
Li-Cycle
-
Energy Storage
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.
Recent IPO
0.02%
Lighbridge focuses on the development of metallic nuclear fuels, which are safer and more economical, while effectively reducing carbon emissions.
Pure Play
Lightning eMotors makes electric fleet medium- and heavy-duty vehicles, such as delivery trucks and shuttle buses, as well as charging stations for EVs.
Pure Play
Limbach sells a variety of building solutions, including performing energy audits and retrofits, a Drawdown solution.
Passed Revenue Filter
Limoneira
-
Perennial Staple
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.
Failed Revenue Filter
Lindsay
-
Efficient Irrigation
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.
No Drawdown Solution
Littelfuse
-
Energy Storage
Littelfuse, sells products used in EVs and related infrastructure, but also has end markets in the traditional auto industry, as well as the oil and gas industry. A revenue breakdown is not present.
Lacks Sufficient Information
0.30%
Livent generates 100% of its revenue from selling lithium compounds with their primary use being lithium batteries.
Pure Play
1.02%
LKQ scraps totalled cars and sell the reclaimed replacement parts such as bumpers, transmissions, and suspension products, which help reduce waste generation.
Pure Play
Loop converts waste polyethylene terephthalate (PET), often used in food packaging, into virgin quality PET.
Pure Play
Lordstown Motors
-
Electric Vehicles
Lordstown Motors was credibly accused of fraud by a shortselling investor in 2021
Fraud
0.02%
LSI generates 67% of its revenue from LEDs for general use in parking garages and restaurants, and the rest from visual image elements for graphic displays.
Passed Revenue Filter
Lucid Motors
-
Electric Vehicles
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.
Recent IPO
Lydall
-
Insulation
Lydall creates insulation for things like car interiors to reduce noise, not to help buildings stay temperate, meaning they produce no Drawdown solution
No Drawdown Solution
Lyft
-
Carpooling
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.
No Drawdown Solution
0.05%
Magnachip Semiconductor derives its revenue in part from the promotion of LEDs and solar PVs, through the sale of LED products and products used with solar PVs. It creates no products specifically for the fossil fuel industry.
Passed Revenue Filter
Marrone Bio Innovations
-
Food Waste
Maronne Bio's products help protect crops from pests, not reduce food waste, leaving them without a Drawdown solution
No Drawdown Solution
0.42%
MasTec derives 32.2% of its revenue from promoting wind and solar energy, as well as grid flexibility, all Drawdown solutions, through the installation and construction of power generation facilities and the maintenance of electrical transmission lines and substations. It receives a smaller portion of its revenue (28.3%) for constructing and maintaining pipelines and processing facilities for the fossil fuel industry.
Passed Revenue Filter
Maxeon sells solar panels and other related components. It has over 1000 solar patents.
Pure Play
MDU Resources Group
-
Electrical Utility
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.
Failed Utility Filter
0.02%
Meatech 3D develops cultured meat products without animal slaughtering. In this process stem cells are collected without harming the animals, grown in reactors, diffentiated into fat and muscle cells, and finally formed into unstructured cultured meat products.
Pure Play
Merck & Co
-
Contraceptives
Merck sells prescription medicines, vaccines, animal health products, and more and makes less than 50% of its revenue from contraceptives
Failed Contraceptive Filter
Methode Electronics
-
LED
Methode sells electronic components like LEDs and sensors to automotive OEMS, external lighting solutions, and telecommunications products.
No Drawdown Solution
MGE Energy
-
Electrical Utility
MGE produces 85.93% of its energy from fossil fuels and 14.07% from renewables.
Failed Utility Filter
Montauk produces 100% of its power from non fossil fuel combustion. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
Passed Utility Filter
Montrose Environmental Group
-
Water Distribution
Montrose helps clients deal with water distribution issues among other pro-climate projects, but it also works with many oil and gas companies. It is unclear what makes up a majority of its revenue.
Lacks Sufficient Information
Mueller Industries
-
Water Distribution
Mueller Industries does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
Failed Water Filter
Mueller Water Products
-
Water Distribution
Mueller Water Products, sells water leak detection systems, a Drawdown solution, but also has an infrastructure segment that has some customers in the natural gas industry. A breakdown of that segment is not present.
Lacks Sufficient Information
MYR Group
-
Grid Expansion
limited gas construction services in T&D segment. No further breakdown of end-markets is given
Lacks Sufficient Information
National Grid
-
Electrical Utility
Korea Electric Power did not provide complete enough power generation info to determine if they pass or fail the utility filter
Lacks Sufficient Information
0.21%
NexGen owns uranium exploration & development projects in Canada, and wholly or partially owns 4 subsidiaries that are engaged in the same business. But NXE is a capital pool . IPO'd on NYSE in March 2017. NexGen is still in the exploration and development stage and has not yet made any revenue.
Passed Revenue Filter
NextEra produces 49.98% of its power from fossil fuels, 39.42% from renewables, 10.59% from nuclear, and 0.01% from non fossil fuel combustion. While it passes the generation mix criteria of > 50% non fossil fuel sources, 2.47% of its power comes from coal, but it has a plan to shut down its coal plants within the next 3 years. It exceeds state regulations.
Passed Utility Filter
NextEra Energy Partners produces 100% of its power from renewables. None of its power comes from coal and it goes beyond requirements by local regulations on renewable portfolios.
Passed Utility Filter
Nikola
-
Electric Vehicles
Nikola was credibly accused of fraud by whistleblower investors in 2020
Fraud
4.12%
NIO produces electric SUVs and sedans for the Chinese market plus enable customers to swap their batteries using a subscription instead of needing to recharge.
Pure Play
NiSource
-
Electrical Utility
NiSource produces 97.1% of its power from fossil fuels and 2.92% from renewables.
Failed Utility Filter
0.12%
Niu generates 100% of its revenue from selling their electric-scooters. They have over 800,000 active riders using their products.
Pure Play
NorthWestern
-
Electrical Utility
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.
Failed Utility Filter
NRG Energy
-
Electrical Utility
NRG produces 86% of its power from fossil fuels, 9% from renewables, and 5% from nuclear.
Failed Utility Filter
Nuvve sells vehicle to grid technology that allows EV owners to store and resell energy to the grid.
Pure Play
NV5 Global
-
Water Distribution
NV5 helps clients achieve net zero emissions in their buildings and deal with water distribution issues among other pro-climate projects, but it also works with many oil and gas companies. It is unclear what makes up a majority of its revenue.
Lacks Sufficient Information
nVent Electric
-
Grid Expansion
nVent Electric sells military aerospace systems, battlefield networks and shipboard targeting systems, and combat aircrafts, which fails the defense filter since these products would be classified as weapons related.
Failed Defense Filter
O2Micro sells integrated circuits that have many applications including LEDs, zero emission vehicles, phones, and more.
Passed Revenue Filter
ObsEva SA
-
Contraceptives
ObsEva makes health and pregnacy-related products, but not contraceptives, meaning it does make a Drawdown solution
No Drawdown Solution
Ocean Power Technologies
-
Ocean Power
Ocean Power Technologies utilizes ocean power to provide electricity, a Drawdown solution. But 87% of its revenue comes from servicing the fossil fuel industry.
Failed Revenue Filter
OGE Energy
-
Electrical Utility
OGE produces 89% of its power from fossil fuels and 11% from renewables.
Failed Utility Filter
ON Semiconductor
-
Electric Vehicles
ON manufacturs semiconductors for many industries, none of them specifically being Drawdown solutions.
No Drawdown Solution
Orbital gnerated 55.9% of its revenue from engineering, procurement, and construction services for utility-scale solar and the maintenance of electric power transmission and distribution infrastructure. It made 44.1% from designs, installs, and commissions industrial gas sampling, measurement and delivery systems.
Passed Revenue Filter
0.02%
Orion Energy Systems, derives its revenue in part from LED lighting products and works on retrofit projects, both of which are Drawdown solutions. It creates no products specifically for the fossil fuel industry.
Passed Revenue Filter
0.26%
Ormat produces goethermal energy systems that enable utilities to generate electricity using the heat of the earth.
Pure Play
Otter Tail
-
Electrical Utility
Otter Tail produces 70.68% of its power from fossil fuels and 29.32% from renewables.
Failed Utility Filter
0.61%
Owens Corning derives its revenue in part from insulation, a drawdown solution, while receiving no revenue from products specifically for the fossil fuel industry. The rest of its revenue comes from other building products like glass fiber materials.
Passed Revenue Filter
Pampa Energía
-
Electrical Utility
Pampa produces 85% of its power from fossil fuels and 15% from renewables.
Failed Utility Filter
Pentair
-
Water Distribution
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.
Failed Water Filter
Perma-Pipe International
-
Water Distribution
Perma-Pipe International does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
Failed Water Filter
Pfizer
-
Contraceptives
It is unclear what the revenue breakdown of Pfizer's contraceptive and non-contraceptive products is.
Lacks Sufficient Information
1.48%
PG&E produces 52% of its power from renewables, 44% from nuclear, and 3% from non fossil fuel combustion. It does not produce any of its power from coal and goes beyond what is required by state regulation for energy portfolios.
Passed Utility Filter
PGT sells aluminum frames, energy efficient glass, and other window related products that helps buildings save energy through better insulation
Passed Revenue Filter
Pinnacle West Capital
-
Electrical Utility
Pinnacle produces 64.19% of its power from fossil fuels, 27.81% from nuclear, and 8% from renewables.
Failed Utility Filter
Planet Green Holdings
-
Biofuels
Less than 50% of Planet Green's biofuel production is advanced biofuel, leading it to fail the biofuel filter
Fails Biofuel Filter
1.41%
Plug Power develops hydrogen fuel cell turnkey solutions through hydrogen fueling systems, proton exchange membrane technologies, and more.
Pure Play
PNM Resources
-
Electrical Utility
PNM produces 62.6% of its power from fossil fuels, 23.1% from renewables, and 14.3% from nuclear.
Failed Utility Filter
Polar Power
-
Grid Expansion
Polar Power, manufactures DC power systems that help with grid flexibility, a Drawdown solution, but diesel, natural gas, and propane appear to the predominant formats. A revenue breakdown is not present.
Lacks Sufficient Information
Portland General Electric
-
Electrical Utility
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.
Failed Utility Filter
0.40%
Power Integrations sells analog and mixed-signal integrated circuits among other electronic circuitry, applications of which include LCD monitors, computers, and LED lighting.
Passed Revenue Filter
PPL
-
Electrical Utility
PPL produces 98.85% of its power from fossil fuels and 1.15% from renewables.
Failed Utility Filter
Preformed Line Products derives the majority of its revenue from improving grid flexibility, a Drawdown solution, through the maintenance of energy networks, while creating no products specifically for the fossil fuel industry.
Passed Revenue Filter
0.16%
Proterra generates 100% of its revenue from building and selling electric vehicles, including electric buses used in mass transit
Pure Play
Public Service Enterprise Group
-
Electrical Utility
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.
Failed Utility Filter
PureCycle converts waste polypropylene (PP), often used in packaging and clothing, into virgin quality PP.
Pure Play
PyroGenesis derives its revenue in part from plasma torches (for use in battery production) and waste to energy operations, both Drawdown solutions. It derives no revenue products built specifically for the fossil fuel industry.
Passed Revenue Filter
Quanta Services, derives 69.4% revenue from improving grid flexibility, a Drawdown solution, through various services, including the maintenance of electric power transmission and distribution infrastructure and substation facilities. It receives a smaller portion of its revenue (30.6%) from maintaining natural gas and oil distribution networks, which would be categorized as fossil fuel revenue.
Passed Revenue Filter
0.78%
QuantumScape is fully focused on developign and selling solid-state lithium-metal batteries, some of which are used for EVs.
Pure Play
0.02%
Quest provides recycling services for a variety of items, including scrap tires, metal, and glass.
Pure Play
ReneSola constructs solar projects and sells project rights. It also owns some its own solar projects which generate electricity that is sold to customers.
Pure Play
Over 50% of REGI's revenue comes from advanced biofuels made from low carbon feedstocks that emit 75% less carbon that gasoline.
Passed Biofuel Filter
Republic Services
-
Recycling
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.
Failed Landfill Filter
Research Frontiers develops suspended particle device light control technology that undergirds dynamic glass technology.
Pure Play
Resideo Technologies
-
Net-zero building
Resideo tech makes wifi-connected thermostats, but not smart thermostates, the Drawdown solution
No Drawdown Solution
0.02%
ReTo Eco-Solutions manufactures environmentally friendly construction materials using less cabon intensive alternative materials, eg. making cement with fly ash. Its products are have a variety of end uses, including water absorption, flood control, and water retention.
Passed Revenue Filter
REX American Resources
-
Biofuels
Less than 50% of Rex American's biofuel production is advanced biofuel, leading it to fail the biofuel filter
Fails Biofuel Filter
Rexnord
-
Water Distribution
Rexnord does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
Failed Water Filter
Rivian Automotive
-
Electric Vehicles
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.
Recent IPO
0.03%
Romeo makes 65% of its revenue from lithium-ion battery modules for commercial electric vehicles and 35% in a jointe venture focused on traditional automobiles.
Passed Revenue Filter
Roper Technologies
-
Water Distribution
Roper Technologies does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
Failed Water Filter
0.02%
Save Foods sells post-harvest food acid and oxidizer blends that extend the shelf life of food, preventing food waste.
Pure Play
SemiLEDs sells LED chips, components, and modules, which are used for general lighting, horticulture, polymer curing, and more.
Pure Play
Sempra produces 52% of its power from renewables and 48% from fossil fuels. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
Passed Utility Filter
SGOCO Group
-
LED
SGOCO made zero revenue from their Drawdown solution, their LED business, in 2020
No Drawdown Solution
Shoals sells electrical balance of system solutions for solar energy projects.
Pure Play
Sociedad Química y Minera de Chile
-
Nutrient Management
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.
No Drawdown Solution
SolarEdge Technologies sells DC inverter systems for PVs among other solar products, EV charging solutions, lithium-ion cells and batteries, and uninterrupted power supply solutions.
Pure Play
Spark Energy
-
Electrical Utility
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.
Failed Utility Filter
0.02%
SPI Energy constructs solar projects for other power producers, owns its own solar projects which generate electricity that sells to utilities and other customers, and makes and sells both EVs and EV charging infrastructure.
Pure Play
0.17%
SPX makes electrical transformers that enable the grid to expand. It also installs HVAC systems and underground pipe and cable locators.
Passed Revenue Filter
Steel Partners Holdings
-
LED
Steel Partners Holdings L.P. produces LEDs, a Drawdown solution, but also produces tubing for the oil and gas industry, which is considered fossil fuel revenue. It also produces blades for meat/fish processing plants.
Lacks Sufficient Information
Stellantis N.V.
-
Electric Vehicles
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.
Failed Revenue Filter
0.19%
Stem makes it easy for buildings to most efficiently switch from onsite, to stored, to grid electricity with their artificial intelligence powered analytics platform that optimizes energy usage.
Pure Play
Sterling Construction
-
Water Distribution
Sterling Construction does not produce any not leak detection or water conservation technologies and therefore fails our water distribution efficiency filter.
Failed Water Filter
Sunnova is a leading residential solar in the US
Pure Play
0.05%
SunOpta sells plant-based foods and beverages, many of which use almond, soy, coconut, oat, or hemp.
Pure Play
SunPower sells electricity generated from solar as well as solar energy solutions and inverters. Some of its main customers include electrical utilities and
Pure Play
Sunrun sells solar energy systems, such as panels, and also sells battery storage systems, primarily to residential homeowners..
Pure Play
Sunworks sells photovoltaic systems for power production for residential and commercial and industrial clients.
Pure Play
Tantech Holdings
-
Electric Vehicles
Tantech Holdings put a hold on manufacturing electric vehicles, meaning they do not produce a Drawdown solution
No Drawdown Solution
Tata Motors
-
Electric Vehicles
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.
Failed Revenue Filter
Tattooed Chef
-
Plant-based diet
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.
No Drawdown Solution
Tecnoglass sells a range of high performance windows and derives no revenue from products dependent upon the fossil fuel industry.
Passed Revenue Filter
5.00%
Tesla generates 100% of its revenue from Drawdown solutions: electric vehicles, solar energy generation, and energy storage products.
Pure Play
Tetra Tech
-
Water Distribution
Tetra Tech helps clients achieve net zero emissions in their buildings among other pro-climate projects, but it also works with many oil and gas companies. It is unclear what makes up a majority of its revenue.
Lacks Sufficient Information
Teva Pharmaceutical Industries
-
Contraceptives
It is unclear what the revenue breakdown of Teva's contraceptive and non-contraceptive products is.
Lacks Sufficient Information
The AES
-
Electrical Utility
AES produces 78% of its power from fossil fuels and 22% from renewables.
Failed Utility Filter
The Cooper Companies
-
Contraceptives
Cooper sells healthcare products like contact lenses, fertility products, and contraceptives, but makes less than 50% of its revenue from contraceptives
Failed Contraceptive Filter
The Gorman-Rupp
-
Heat Pumps
Gormann-Rupp builds heat pumps, but not high-efficiency heat pumps, meaning they do not produce a Drawdown solution
No Drawdown Solution
Hain sells a variety of plant-based snack products like tortilla chips, whole grain chips, and pita chips.
Passed Revenue Filter
Lion Electric sells all-electric medium and heavy-duty urban vehicles like trucks and buses to electrify mass transportation.
Pure Play
The Metals Company
-
Energy Storage
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.
Recent IPO
The Southern
-
Electrical Utility
The Southern produces 68% of its power from fossil fuels, 17% from nuclear, and 15% from coal.
Failed Utility Filter
TherapeuticsmMD
-
Contraceptives
It is unclear what the revenue breakdown of TherapeuticsmMD's contraceptive and non-contraceptive products is.
Lacks Sufficient Information
0.54%
TopBuild sells insulation products for buidlings, as well as other home products like rain gutters, glass, and afterpaint. It makes no revenue specifically from serving the fossil fuel industry
Passed Revenue Filter
Toyota Motor
-
Hybrid Cars
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.
Failed Revenue Filter
0.09%
TPI Composities generates 96% of its revenue from composite wind blades and related precision molding and assembly systems and the rest from manufacturing composite structures for automotive companies.
Passed Revenue Filter
2.74%
Trane sells various HVAC products including high efficiency heat pumps, a Drawdown solution.
Passed Revenue Filter
TransAlta
-
Electrical Utility
TransAlta produces 65% of its power from fossil fuels and 35% from renewables.
Failed Utility Filter
Trimble
-
Electric Vehicles
Trimble does not build any of its products for EV's specifically, meaning it does not offer a Drawdown solution
No Drawdown Solution
Tutor Perini
-
Mass Transit
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.
Failed Defense Filter
Uber Technologies
-
Carpooling
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.
No Drawdown Solution
Ultralife
-
Electric Vehicles
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
Failed Defense Filter
Unitil
-
Electrical Utility
Unitil did not provide complete enough power generation info to determine if they pass or fail the utility filter.
Lacks Sufficient Information
0.56%
Universal Display sells LED products for display and solid-state lighting applications. It also provides contract research services for chemical materials synthesis.
Passed Revenue Filter
0.03%
Ur-Energy explores uranium mineral properties and has a stake in 12 projects in the U.S, helping power nuclear energy, a Drawdown solution.
Pure Play
0.05%
Uranium Energy extracts and processes uranium, helping power the nuclear energy industry, as well as and titanium concentrates.
Passed Revenue Filter
US Ecology
-
Recycling
US Ecology, does not have landfill gas to energy operations in a majority of its landfills, thus failing the landfill gas filter.
Failed Landfill Filter
Valmont Industries, derives its revenue in part from irrigation efficiency and improving grid flexibility, both Drawdown solutions, through the sale of precision irrigation solutions and structures for utility transmission and distribution, while receiving no revenue from products specifically built for the fossil fuel industry.
Passed Revenue Filter
0.07%
Veeco sells semiconductor and thin film process equipment, which can be used to make a variety of products including solar PVs, LEDs, and laser diodes.
Passed Revenue Filter
Vertiv Holdings
-
Grid Expansion
Vertiv Holdings Co improves grid flexibility, but has some customers in the fossil fuel industry whose portion of the revenue is not given.
Lacks Sufficient Information
0.03%
Veru makes more than 50% of its revenue from selling contraceptives and also develops medicines related to prostate and breast cancer.
Passed Contraceptive Filter
Vicor
-
Grid Expansion
Vicor sells defense electronics, which fails the defense filter because it sells a product to the defense industry that is not a Drawdown solution.
Failed Defense Filter
0.09%
View's dynamic glass is cloud-connected, automated, and allows for control of settings through smart devices in order to adjust for heat, lighting, and more.
Pure Play
Village Farms sells greenhouse grown produce and conducts cannabis operations. It also operates a methane digester power plant and sells electricity generated from the plant to the British Columbia Hydro and Power Authority.
Passed Revenue Filter
Viomi Technology
-
Smart Thermostat
Viomi does not sell smart themostats, meaning they do not produce a Drawdown solution
No Drawdown Solution
Vistra
-
Electrical Utility
Vista produces 88.4% of its power from fossil fuels, 11.3% from nuclear, and 0.3% from renewables.
Failed Utility Filter
Vivint sells cloud-enabled smart home operating systems that enable home owners to run their HVAC and other systems with less energy.
Passed Revenue Filter
VivoPower International
-
Electrical Utility
VivoPower did not provide complete enough power generation info to determine if they pass or fail the utility filter.
Lacks Sufficient Information
Waste Connections passes the landfill gas filter, but has no revenue breakdown present for its clean-up of oilfields, which is categorized as fossil fuel revenue.
Passed Revenue Filter
Waste Management has 146 out of 268 landfill operations equipped with a landfill gas capture to energy project, meaning it has the majority needed to pass the landfill filter.
Passed Landfill Filter
Watts sells generated 52% of its revenue residential & commercial leak detection and water quality monitoring products, and less than 30% of its revenue from gas products like boilers.
Passed Revenue Filter
WEC Energy Group
-
Electrical Utility
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.
Failed Utility Filter
0.42%
WESCO sells basic grid upgrade equipment like wires and cables but also smart grid products and range of transformers and distribution hardware.
Passed Revenue Filter
Westinghouse Air Brake Technologies
-
Mass Transit
No Drawdown Solution
Westwater Resources generates 100% of its revenue from selling 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
Fails Tobacco Filter
0.03%
Wildan provides consulting services to clients for primarily for energy efficiency goals, grid optimization, and building retrofits, plus provides civil engineering consulting services as well.
Passed Revenue Filter
Williams Industrial Services Group
-
Nuclear Power
Williams Industrial Services Group maintains nuclear projects and some renewable projects, but also works on fossil fuel plants. It is unclear which is a majority of their revenue.
Lacks Sufficient Information
Workhorse Group
-
Electric Vehicles
Workhorse Group was credibly accused of fraud by a shortselling investor in 2021
Fraud
Xcel Energy
-
Electrical Utility
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.
Failed Utility Filter
0.05%
XL Fleet. sells various EV products, such as hybrid electric drive systems and electrification-as-a-service, and lithium-ion battery packs. Over 150 million miles have been driven on XL's hybrid systems.
Pure Play
2.55%
XPeng sells electric vehicles, including electric sedans for the fast growing Chinese market.
Pure Play
1.49%
Xylem sells water infrastructure services related to transport and treatment, applied water solutions, and measurement & control solutions like leak detection and remote monitoring. They create no products specifically for the fossil fuel industry.
Passed Revenue Filter
Zoom offers video, phone, and chat communications technology and services.
Pure Play
Zymergen
-
Bioplastics
Zymergen biofacturing and bio-based products like adhesives largely for electronics, but not creation of bioplastics. They IPO'd in April 2021, lack an annual report/investor presentation/description of their products & services
Lacks Sufficient Information
Historical Performance
Portfolio type:
Just the climate index & green bonds
Just the climate index & green bonds
Just the climate index & green bonds
Just the climate index & green bonds
Just the climate index & green bonds
Just the climate index & green bonds
Select portfolio:
- Bold (80/20)
- Cautious (50/50)
- Moderately Bold (70/30)
- Moderately Cautious (60/40)
- Most Cautious (40/60)
- Most bold (90/10)
80% stocks, 18% bonds, 2% cash
50% stocks, 48% bonds, 2% cash
70% stocks, 28% bonds, 2% cash
60% stocks, 38% bonds, 2% cash
40% stocks, 58% bonds, 2% cash
90% stocks, 8% bonds, 2% cash
Total return:
Carbon Collective: 96.83%
Index: 56.74%
Jun 30, 2017 - Jun 30, 2022
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Total return:
Carbon Collective: 57.82%
Index: 35.95%
Jun 30, 2017 - Jun 30, 2022
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Total return:
Carbon Collective: 83.93%
Index: 49.69%
Jun 30, 2017 - Jun 30, 2022
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Total return:
Carbon Collective: 70.15%
Index: 42.76%
Jun 30, 2017 - Jun 30, 2022
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Total return:
Carbon Collective: 44.86%
Index: 29.29%
Jun 30, 2017 - Jun 30, 2022
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Total return:
Carbon Collective: 109.57%
Index: 63.89%
Jun 30, 2017 - Jun 30, 2022
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Stats
Jun 30, 2017 - Jun 30, 2022
BENCHMARK
Annual Return
14.49%
9.39%
Risk (STD)
17.70%
13.80%
Max Drawdown
-29.90%
-27.80%
Recovery (Days)
77
134
Beta
0.88
0.81
Alpha
4.34%
-0.14%
Current Yield
1.48%
-
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Stats
Jun 30, 2017 - Jun 30, 2022
BENCHMARK
Annual Return
9.54%
6.33%
Beta
0.6
0.53
Alpha
2.19%
-0.34%
Max Drawdown
-22.40%
-18.30%
Current Yield
1.69%
-
Risk (STD)
12.20%
9.10%
Recovery (Days)
-
77
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Stats
Jun 30, 2017 - Jun 30, 2022
BENCHMARK
Annual Return
12.95%
8.39%
Risk (STD)
15.80%
12.20%
Alpha
3.71%
-0.21%
Max Drawdown
-26.90%
-24.70%
Beta
0.78
0.72
Recovery (Days)
77
121
Current Yield
1.55%
-
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Stats
Jun 30, 2017 - Jun 30, 2022
BENCHMARK
Risk (STD)
14.00%
10.60%
Beta
0.69
0.62
Max Drawdown
-24.40%
-21.50%
Recovery (Days)
-
119
Annual Return
11.20%
7.37%
Alpha
2.90%
-0.28%
Current Yield
1.62%
-
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Stats
Jun 30, 2017 - Jun 30, 2022
BENCHMARK
Annual Return
7.68%
5.27%
Alpha
1.36%
-0.41%
Max Drawdown
-20.30%
-16.10%
Recovery (Days)
-
-
Risk (STD)
10.30%
7.70%
Beta
0.5
0.43
Current Yield
1.74%
-
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Stats
Jun 30, 2017 - Jun 30, 2022
BENCHMARK
Annual Return
15.93%
10.37%
Risk (STD)
19.70%
15.30%
Alpha
4.87%
-0.07%
Max Drawdown
-32.90%
-30.80%
Recovery (Days)
77
136
Current Yield
1.40%
-
Beta
0.98
0.91
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Portfolio type:
Just the climate index & green bonds
Just the climate index & green bonds
Just the climate index & green bonds
Just the climate index & green bonds
Just the climate index & green bonds
Just the climate index & green bonds
Select portfolio:
- Bold (80/20)
- Cautious (50/50)
- Moderately Bold (70/30)
- Moderately Cautious (60/40)
- Most Cautious (40/60)
- Most bold (90/10)
80% stocks, 18% bonds, 2% cash
50% stocks, 48% bonds, 2% cash
70% stocks, 28% bonds, 2% cash
60% stocks, 38% bonds, 2% cash
40% stocks, 58% bonds, 2% cash
90% stocks, 8% bonds, 2% cash
Total return:
Carbon Collective: 96.83%
Index: 56.74%
Jun 30, 2017 - Jun 30, 2022
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Total return:
Carbon Collective: 57.82%
Index: 35.95%
Jun 30, 2017 - Jun 30, 2022
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Total return:
Carbon Collective: 83.93%
Index: 49.69%
Jun 30, 2017 - Jun 30, 2022
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Total return:
Carbon Collective: 70.15%
Index: 42.76%
Jun 30, 2017 - Jun 30, 2022
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Total return:
Carbon Collective: 44.86%
Index: 29.29%
Jun 30, 2017 - Jun 30, 2022
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Total return:
Carbon Collective: 109.57%
Index: 63.89%
Jun 30, 2017 - Jun 30, 2022
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Stats
Jun 30, 2017 - Jun 30, 2022
BENCHMARK
Risk (STD)
17.70%
13.80%
Max Drawdown
-29.90%
-27.80%
Recovery (Days)
77
134
Current Yield
1.48%
-
Annual Return
14.49%
9.39%
Beta
0.88
0.81
Alpha
4.34%
-0.14%
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Stats
Jun 30, 2017 - Jun 30, 2022
BENCHMARK
Beta
0.6
0.53
Alpha
2.19%
-0.34%
Max Drawdown
-22.40%
-18.30%
Current Yield
1.69%
-
Annual Return
9.54%
6.33%
Risk (STD)
12.20%
9.10%
Recovery (Days)
-
77
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Stats
Jun 30, 2017 - Jun 30, 2022
BENCHMARK
Annual Return
12.95%
8.39%
Risk (STD)
15.80%
12.20%
Max Drawdown
-26.90%
-24.70%
Recovery (Days)
77
121
Current Yield
1.55%
-
Beta
0.78
0.72
Alpha
3.71%
-0.21%
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Stats
Jun 30, 2017 - Jun 30, 2022
BENCHMARK
Risk (STD)
14.00%
10.60%
Beta
0.69
0.62
Max Drawdown
-24.40%
-21.50%
Recovery (Days)
-
119
Annual Return
11.20%
7.37%
Alpha
2.90%
-0.28%
Current Yield
1.62%
-
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Stats
Jun 30, 2017 - Jun 30, 2022
BENCHMARK
Annual Return
7.68%
5.27%
Risk (STD)
10.30%
7.70%
Beta
0.5
0.43
Alpha
1.36%
-0.41%
Max Drawdown
-20.30%
-16.10%
Current Yield
1.74%
-
Recovery (Days)
-
-
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Stats
Jun 30, 2017 - Jun 30, 2022
BENCHMARK
Risk (STD)
19.70%
15.30%
Beta
0.98
0.91
Alpha
4.87%
-0.07%
Recovery (Days)
77
136
Current Yield
1.40%
-
Annual Return
15.93%
10.37%
Max Drawdown
-32.90%
-30.80%
Disclosures
This data compares the selected Carbon Collective portfolio to the comparable blended US benchmark. For example, a 90% stock, 10% bond CC portfolio is compared to the 90/10 US stock/bond benchmark. Carbon Collective’s results include fees (0.25% annually) and assume reinvested dividends. The benchmark reflects a blend of the VTI and BND ETFs and therefore includes the actual expenses of those ETFs during the time period. Performance of all Carbon Collective portfolios from 01/01/2015 - 10/18/20 are backtested, rebalancing on the first day of each year as if our climate-forward strategy had been launched in 2015. See the full details of how we simulate historical performance. Performance of Carbon Collective portfolios after 10/18/20 are simulated performance net of Carbon Collective’s fees and expenses of any underlying ETF included in the portfolios.
Simulated performance, nor past performance are a guarantee of future returns. Investments involve risks and there is always the potential of losing money when you invest in securities.
Overview:
The Climate Index contains our filtered list of every company building solutions to climate change traded on US stock markets. This 2021-2022 update took over 1,500 hours of research, writing, and analysis to compile.
We began with an inclusionary ethical filter, finding every publicly traded company that is building a climate change solution listed in Project Drawdown or the IEA’s Net Zero 2050 Report. Next, we applied an exclusionary filter, removing the companies that make more revenue from sales to the fossil fuel industry than from their climate solution. We also removed companies who have been credibly accused of fraud. For some sectors, we passed companies through a set of stricter inclusion criteria, specifically: utilities, yieldcos, and waste management, biofuels, carbon capture, water distribution, LED, and reproductive health companies.
Finally, we passed the remaining companies through a simple financial filter. The remaining companies get weighted based upon their current market caps with a ceiling at 5% of the total index and a floor of 0.01%. We go through this process annually, and will be adding new companies that come onto the market and removing any who no longer meet our ethical criteria for inclusion in the 2nd half of 2022.
Jump to:
- Inclusionary filter: All companies building Drawdown solutions
- Exclusionary filter: Remove all companies who generate more revenue from the fossil fuel industry
- Refine: Specific criteria for utilities, waste management, and more
- Financial filter: Weight by market capitalization
- Annual update criteria
- Notable companies that were excluded
Step 1: Inclusionary filter.
Find every publicly traded company building a climate solution.
We build the Climate Index and include it in our portfolios because we believe sustainable impact investing must go further than just being “less bad” and reducing the harm. It also has to actively support and encourage the companies who are actively building solutions.
More companies every day are building the climate solutions found in Project Drawdown.
There is no single solution to climate change. From now until 2050, we must dramatically transform our global infrastructure to run without fossil fuels while preserving and protecting as many natural ecosystems as possible. Luckily, more and more companies are stepping up to build these critical solutions. The first part of building the Climate Index is to aggregate all of them that are trading on US public stock exchanges: large and small, pure-play and conglomerate.
It’s more than just solar and wind companies.
When people think of companies building climate solutions, the first thing that often comes to mind is renewable energy. That’s because we’re going to need to transition our entire global electrical system to running without emitting carbon dioxide. Most of this transition will need to happen from 2020 - 2030.
But to solve climate change and remain below 1.5ºC of global warming, humanity must implement far more solutions than just clean energy. We need our global fleet of buildings to be energy retrofitted, our electrical grid infrastructure to be significantly expanded and reinforced, our cars and trucks to run on electricity and green hydrogen, and much more. This is why we use comprehensive frameworks like those built by Project Drawdown and the International Energy Agency. They present clear paths on how we solve climate change.
Step 2: Exclusionary filter.
Of them, which companies also make products for the fossil fuel industry?
Just because a company is building a Drawdown solution does not mean that they are oriented towards solving climate change. In our second step of building the Climate Index, we dig into each company to analyze the extent to which they are supporting the transition to a zero-carbon world.
Separate out the “pure-play” companies.
First, we make it easy on ourselves by separating out the “pure-play” companies. If a company is just manufacturing solar panels or selling electric cars, we label them pure-play and include them in the index. After this is done, what remains are the companies who have multiple product lines and sources of revenue. For these, we dig further into the numbers.
Look closer at the companies who make products/services for many industries.
For these remaining companies, we dig into their financials to find the answers to the following questions:
- Do they sell products/services explicitly to the oil and gas industry?
- Do they sell products/services that depend on fossil fuels?
- If so, what % of their revenue do such activities generate?
- What % of revenue does the company make from its Drawdown solutions?
- Which is higher?
We only use the past year's revenue in this calculation. We do not take stock of any future projects around climate commitments as actions are far more powerful than words.
For some companies, their revenue reporting was not detailed enough to make a distinction between their fossil-fuel based revenue and that from their Drawdown solutions. These companies are excluded from the index, using the 'Lacks Proper Information' tag.
One note: Many companies sell a given product line to multiple industries and can include oil and gas. For example, an LED lighting manufacturer makes industrial lighting. Some of its customers own warehouses, some are from the fossil fuel industry. We generally do not count such industry agnostic products against a potential Climate Index company. Even fossil fuel companies are installing solar panels on their offices.
Exclude the companies who make more revenue from sales to the fossil fuel industry.
First, we make it easy on ourselves by separating out the “pure-play” companies. After gathering the above data and running our analysis, we exclude the companies that generate more revenue from directly servicing and/or building products that depend upon oil and gas. GE is a good example of a conglomerate we apply this filter to. They are one of the largest manufacturers of wind turbines in the world, so they pass our first filter. But they made more revenue from producing jet engines and natural gas turbines, so we excluded them from the 2022 Climate Index.
At this stage we also remove any companies who have been credibly accused of committing fraud. There are companies out there that are capitalizing on the global rush to build climate solutions. Those that have been caught making clearly fraudulent claims will also be removed at this stage.
Question: Why would companies that make anything for the fossil fuel industry be included at all? The world unfortunately still runs on fossil fuels. The process of Drawdown necessitates a transition away from them, which won’t happen overnight. We want to support the companies who are leading that transition while acknowledging that some of their customers may still be fossil fuel companies.
Step 3: Refine.
A number of sub-sectors need more specific criteria.
Some categories of companies are harder to classify and need more specific criteria. For each of these, we pass the companies through additional exclusionary filters specific to their industries.
Criteria for a “green utility” and yieldcos
There are dozens of investor-owned utilities traded on the New York stock exchange (such as Duke, NextEra, Dominion, Xcel, PG&E, etc.). While practically all of them have some form of carbon reduction/neutrality commitment, there is a broad range of historical investment in renewable energy and follow through on these commitments.
In order to be included in the Climate Index an investor-owned utility must:
- Generate (or purchase) more than 50% of its energy from carbon neutral sources (wind, solar, hydro, and nuclear).
- Have closure dates for any coal plant they own in the next three years.
- Assuming they are not yet carbon neutral (or very close to it), they must be investing in renewable energy at a rate that exceeds state and federal mandates. In other words, we want to invest in the utilities leading the parade towards carbon neutrality, not those merely being forced to.
- Have a clear track record of carbon reductions to make their claims of future reductions believable.
Given that Yieldcos operate similarly to utilities in that they make money from generating electricity, we process them through the “green utility” exclusionary filter, as well.
Criteria for waste management companies
There are three Drawdown solutions related to waste management: recycling, composting, and landfill methane capture. All of the publicly traded waste management companies collect materials for recycling. Municipalities, not waste management companies, decide to collect compost. Therefore, we opted to use the landfill methane capture as the deciding factor. In order to be included in the Climate Index, a waste management company must capture methane at over 50% of the landfills it operates.
Criteria for biofuel companies
Biofuels are combustible fuels that can be used in internal combustion or jet engines but are not derived from fossil fuels. Instead they are produced from fermenting biological matter. While burning them does release emissions, biofuels can emit far less, and more importantly, they can exist as part of the natural carbon cycle of annual uptake and release, instead of emitting previously sequestered carbon. Most biofuels though, are not necessarily better for climate, at least not yet. Most are ethanol based, which are often mixed with gasoline. The emissions reductions from these are fairly marginal.
Advanced biofuels, on the other hand, are made primarily of crop waste/and used cooking oils offer a complete drop in replacement for fossil fuels and can offer significant emissions reductions. For a biofuels company to be included in the Climate Index, advanced biofuels must make up more than 50% of its biofuel production.
Criteria for carbon capture & sequestration companies
For humanity to truly solve climate change it will need to capture historic atmospheric carbon emissions and secure them in some form. There are many methods of doing this, but one is to separate CO2 from the air and sequester it as a gas underground or in other secure places. Up and coming, non-public companies like Climeworks are working to scale such technologies for ambient air. There are a number of publicly traded companies that provide carbon capture services, but for a different industry: fossil fuels. Companies like Fuel Cell and Babcock & Wilcox generate a significant amount of their revenue from generating “blue hydrogen” be separating hydrogen and carbon from methane (natural gas).
We classify revenue from such activities as “fossil fuel revenue” for two reasons.
- There have been no at scale demonstrations of any company’s ability to sequester such captured CO2 from fossil fuels despite significant investments in it.
- This lack of viable sequestration has led to significant greenwashing, enabling fossil fuel companies to paint themselves as part of the clean energy transition without taking real steps to curb emissions from their products.
For a company to be included in this sector it must generate more revenue from a Drawdown solution that does not service the fossil fuel industry than the revenue it generates from generating blue hydrogen for the fossil fuel industry.
Criteria for water companies and water utilities
Water conservation and moving water more efficiently are important climate solutions. There are many companies in the water industry, from monitoring, to treatment, to distribution, but not all are helping advance climate solutions related to water. For a water company to be included in the Climate Index it must do at least one of the following:
- Create and/or deploy technology that detects leaks
- Improve energy efficiencies for transporting water (pumps, etc.)
- Create and/or deploy water recycling technologies
Criteria for plant-based diet companies
Plant-based foods can create the same number of calories with far fewer emissions than those produced from animals (with some rare exceptions). So which companies should be included in the Climate Index? Beyond Meat seems obvious, but what about Dole? They make the vast majority of their revenue from selling canned plant-based foods (beans, pineapples, etc.).
In order to qualify for the climate index, a plant-based food company must only sell plant-based products and must be accelerating the adoption of plant-based foods. Then need to offer some kind of replacement or expansion of the menu to make it easier to switch, not just provide the raw ingredients for it. We also exclude a company in this section that generates revenue from selling flavor enhancers to cigarette companies. They make other plant-based foods as well, but this fails our consumer staples tobacco filter.
Criteria for LED companies
LEDs are an important climate solution. They enable us to do the same thing (create light) with significantly less electricity than incandescent or fluorescent. But not all LEDs are used for lighting. LED components are used in the screen for your smartphone, computer, TV, and even stadium "jumbo-tron." To be added into the Climate Index, an LED company must both pass our revenue filter and also explicitly create products and/or components used to create light and replace existing energy-intensive options.
Criteria for reproductive health companies
Many companies make reproductive health products, so who should be considered in the climate index? Should Arm & Hammer, the owners of Trojan condoms get in? We define this category more narrowly. For a company to be considered, it must generate at least 50% of its revenue from its reproductive health and contraception products.
Criteria for defense filter
Many companies build products that are used in the defense industry. We exclude those that sell a product to the defense industry that is not in a Drawdown solution category.
For example: CREE makes LED lighting, a Drawdown solution. They also make products used in RF communication (not a Drawdown solution) which are used for military communications. Therefore CREE is excluded from the 2022 Climate Index.
Criteria for telepresence
Many companies are engaged in making virtual work and telepresence possible, from the internet provider to your email platform.
To be included in the Climate Index, a company must be a "Pure Play" and develop and sell a technology that directly enables decreased commuting and travel.
For example: 100% of Zoom and DocuSign's revenue comes from products that enable work to be done virtually that previously would have required physically moving people and things.
Step 4:
Apply a financial filter, then weigh by market cap.
The final step of creating the Climate Index is to apply a light financial filter. Using our Smart Investing 101 principles, we want to invest broadly across sectors without picking winners and losers. Therefore, we don’t exclude companies on a financial basis, outside of a few broad rules:
A company must be traded on the New York Stock Exchange.
No pink slips or over the counter companies. Also (for now), we don’t include companies that trade on international exchanges, although we are excited to include them in the future.
It must have IPO’d at least six months earlier.
The first six months of a company’s journey on public markets can be quite volatile. After six months is when employees can generally sell stock, so we wait until this point for a company to be able to be included in the Climate Index.
It cannot be a SPAC.
The Climate Index invests in companies solving climate change, not Special Purpose Acquisition Companies that will wait to take such companies public.
It must be trading above $0.50 per share.
We exclude penny stocks from the Climate Index. The growth potential for such companies is generally not very high and we want the companies in the climate index to scale and grow their respective businesses as much as possible. Therefore, we remove any companies that are trading at $0.50 per share or below at the time when we update the Climate Index.
Then, we weight the remaining companies by market cap.
For the remaining companies, we simply let the market decide how much of the Climate Index they should get. We add up all of the market capitalizations of each company (share value * number of shares) to get the total market capitalization of the climate index. From here we divide the market cap of each company by the total to get what % of the Climate Index the given company should be allocated.
Then we add a ceiling of 5.00% and a floor of 0.01% per company and re-run all the numbers again. We add this ceiling and floor because we don’t want any company to take up too much of the Climate index (ahem, Tesla) and likewise, the smaller companies to not get enough representation.
Step 5: Update annually.
It seems like new companies building climate solutions are coming onto the market every day. How often do we update the Climate Index? For now we update it annually, just like we do with our Core portfolios.
Updating it more often would lead to more regular buying and selling of the index, which could lead to high short term capital gains taxes.
Some notable companies that didn’t make it
If you look through the Drawdown list of climate solutions, you will find some solutions that don’t have companies associated with them in the Climate Index. These publicly traded companies made it through the first, inclusionary filter, but not the second exclusionary. We hope this changes overtime as companies increase the revenue they generate from these divisions. These solutions are exciting and we personally are excited to invest in them. Here’s some examples of categories we’re excited to include in the future:
Alternative refrigerants
Chemours and Honeywell are both working on alternatives to freon and other highly polluting refrigerants, but the majority of their refrigerant revenue still comes from the old, polluting variety.
Hybrid cars
All traditional car companies still make a majority of their revenue from selling non-hybrid, fossil fuel-burning cars. We could not find a traditional car company that met criteria for inclusion. The closest was Toyota who sold 15 million hybrid vehicles between 1997 and 2020. This is impressive, but Toyota sold 10.6 million vehicles in 2019 alone.
Bicycle infrastructure
Uber and Lyft both own urban bike sharing companies and “last mile” electric scooter companies that help people in cities quickly go short distances without using cars. The problem is Uber and Lyft’s core business do the opposite from a climate-perspective. In 2020, the Union of Concerned Scientists published a report claiming that the two companies' ride-sharing systems generate 69% more pollution than the transportation they replace.
About Carbon Collective
About: Carbon Collective is the first climate-focused online investment advisor. Whether you have an IRA, old 401(k), trust, or just want to deposit some cash, all of our portfolios invest in the Climate Index.
Portfolios: Our 'Core Portfolios' systematically divest from the companies that are dependent on the long term use of fossil fuels, and reinvest that same allocation into climate solutions listed in the Climate Index. Our 'Climate Only' portfolios hold just the Climate Index and green bonds.
Fees: You'll pay the same low fees as you would for any generic online investment manager (0.25%).
Why: We have most of the technology we need to solve climate change, the challenge is deploying it fast enough. At Carbon Collective we're on a mission close the climate solution investment gap by making it smart to invest in climate impact. Our Core Portfolios offer a similar risk reward and fee structure as a generic index-based portfolio. Our Climate Only are far more diversified (and much less expensive) than a standard clean tech fund.
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