Here’s the complete list of all the battery companies’ stock that’s listed on the New York Stock Exchange (NYSE) as of 09/23/20. Specifically, these are the companies whose products are being used in climate change solutions.
We put it together at Carbon Collective because we wanted a way to invest in all of the companies building solutions to climate change. From renewable energy stocks, to LEDs stocks, to recycling stocks.
For humanity to stop climate change, we need to run far more society with electricity rather than combustion engines. This means we’re going to need a lot more batteries. According to Project Drawdown, each of the following has the potential to reduce global carbon emission significantly.
- Electric cars: 12 – 16 gigatons CO2e reduction potential
- Electric bikes: 1 – 4 gigatons of CO2e reduction potential
- Hybrid cars: 4 – 8 gigatons of CO2e reduction potential.
- Utility scale electricity storage
- Distributed (home & commercial) electricity storage
Disclaimer: We had trouble finding all of these stocks in one place online. So, we built the following list. We’re publishing it purely for informational purposes and not a recommendation to buy or sell.
- COMPANY
- TICKER
- % CHANGE (3-YR)
- % CHANGE (5-YR)
- DESCRIPTION
Albermarle mines lithium, the key component in electricity storage and car batteries
EnerSys makes batteries for electrical storage, cars, and other sectors. Batteries are a key component in powering the world without fossil fuels
Flux makes batteries that enable forklifts and other heavy machinery to operate without fossil fuels.
Kemet corp makes electrical capacitors, a key component in electrical storage and charging systems in electric vehicles
Kandi is a Chinese manufacturing company specializing in batteries for electric vehicles
Livent makes highly refined Lithium that allow batteries and specific metals to be lighter and thus more energy efficient.
Ultralife makes batteries for electrical storage, cars, and other sectors. Batteries are a key component in powering the world without fossil fuels
We’ve updated this list as of 09/23/20. If there are companies that you believe we are missing, we’d love your help keeping this list up to date. Please email drawdownindex@carboncollective.co.
About Carbon Collective:
We built Carbon Collective after we couldn’t find the right place to invest our retirement savings that made both ethical and financial sense in the age of climate change.
So we built the first series of climate-friendly, diversified, low-fee investment portfolios and teamed up with a world class online brokerage platform to automatically manage them.
Imagine an index fund in a world without fossil fuels. That’s how we build our portfolios. We swap the high-carbon parts of the stock market (fossil fuels, dirty utilities, airlines, etc.) with the companies building solutions to climate change (renewable energy, circular economy, energy efficiency, etc.).
Checkout their historical performance, carbon footprint, and fees compared to common standard and ethical portfolios.