When you think of companies fighting climate change you probably mainly think about renewable energy: solar, wind, biomass, etc.
There are far more companies than just in these categories and you can invest in them. For the first time, we wanted to list all of them in one place.
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.
According to Project Drawdown, each of the following has the potential to reduce global carbon emission significantly.
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. Historical return data is from 09/23/20
Industrial Recycling
Aqua metals' proprietary technology propels a circular economy by enabling the recycling of lead from old batteries for reuse in manufacting new products.
Commercial Metals participates in the circular economy by making new steel from 95.5% recycled contents. They have a track record of reducing the carbon footprint of their steel.
Covanta builds waste-to-energy plants. These tend to have a much lower carbon and air quality footprint than traditional landfills.
LKQ is a leading autoparts recycler, selling refurbished parts on the OEM market. Recycling in a circular economy is a key part of reaching a sustainable economy.
Loop is a leader in manufacturing recycled plastic. They make 100% recycled PET and polyester that perform like new.
Landfill Gas
% CHANGE (3-YR)
+243.31 %
% CHANGE (5-YR)
+827.10 %
Casella is a waste management Co. in the NE US. They capture methane at over half of their landfills and have built regional recycling and composting programs.
Waste Connections collects landfill methane from other half of their landfills in addition to recycling or "diverting" over 50% of what they collect away from landfills.
% CHANGE (5-YR)
+156.64 %
WM captures landfill methane at 62% of its landfills and is a national leader in pushing for recycling and municipal compost.
Biomass
% CHANGE (5-YR)
+384.63 %
Enviva turn the wood scraps from manufacturers–who use only sustainably harvested wood–into pellets. Their goal is to replace coal with sustainable biomass.
Electric Cars
Aptiv makes hardware and software solutions to help automakers design and build better electric and automated vehicles.
Nio is a Chinese electric SUV company, helping direct expanding Chinese car ownership away from fossil fuels
% CHANGE (3-YR)
+529.39 %
% CHANGE (5-YR)
+803.08 %
Tesla has arguably done the most of any company to accelerate the adoption of electric cars, batteries, and home solar.
% CHANGE (3-YR)
+497.63 %
% CHANGE (5-YR)
+426.54 %
Workhorse makes electric delivery vans and drones, enabling the "last mile" of delivery to occur without fossil fuels.
Electric Bikes
Niu makes electric scooters that can cleanly replace popular fossil-fuel powered scooters in Asia and Europe.
Batteries
% CHANGE (5-YR)
+153.73 %
Albermarle mines lithium, the key component in electric storage and car batteries.
EnerSys makes batteries for electrical storage, cars, and other industries. Batteries are a key component in powering the world without fossil fuels
Flux makes batteries that enable forklifts and other heavy machinery to run without fossil fuels.
Kemet corp makes capacitors, a key component in electrical storage and charging systems in electric vehicles.
Kandi is a Chinese manufacturing company that specializes in batteries for electric vehicles
Livent makes highly refined Lithium so that batteries and specific metals can be lighter and thus more energy efficient.
Ultralife makes batteries for electrical storage, cars, and other industries. Batteries are a key component in powering the world without fossil fuels
LEDs
% CHANGE (5-YR)
+347.71 %
Applied Materials makes electrical semiconductors for solar panels, displays, LED lights, and other electrical applications
Acuity owns many lighting and controls brands, which are largely transitioning to LEDs. LEDs use 95% energy than traditional bulbs for the same light.
% CHANGE (3-YR)
+173.13 %
% CHANGE (5-YR)
+152.25 %
Cree is one of the largest LED chip and power component manufacturers. They make some of the most efficient lighting in the world.
Energy Focus specializes in LED lighting for commercial and industrial applications, helping their customer reduce their energy needs.
SemiLEDs is a Chinese LED chip manufacturer. Their chips enable LED light bulbs to be 95% more energy efficient than traditional
LSI Industrials manufacrtures LED lights. LED light bulbs are 95% more energy efficient than traditional incandescent.
% CHANGE (3-YR)
+541.20 %
% CHANGE (5-YR)
+231.34 %
Orion Energy specializes in energy-efficient lights, manufacturing LED and fluorescent bulbs.
% CHANGE (5-YR)
+397.82 %
Universal Display specializes in making organic LEDs which allow the energy efficiency of LEDs to be used in many different color spectrums
% CHANGE (5-YR)
+113.55 %
Philips (as its known in the US) went carbon neutral in 2020! They make LED bulbs and many household products.
% CHANGE (5-YR)
+206.74 %
Power Integrations makes electrical drivers for LEDs for a range of lighting applications. LED light bulbs are 95% more energy efficient than incandescent.
Veeco is an LED and electronics manufacturer. LED light bulbs are 95% more energy efficient than incandescent.
Building Automation
CS specializes in building automation systems that reduce the energy consumption of the building by automating and synchronizing heating and cooling
Johnson Controls helps buildings use less energy by automating their management systems and adding distributed energy storage.
Limbach is a building construction, upgrade, and maintenance company that focuses on energy efficiency and control system automation.
Electricity Grid
ABB sells electrical substations for the grid. To transition from fossil fuels, we need to "electrify everything," meaning a far more robust electrical grid.
% CHANGE (5-YR)
+144.07 %
Goldfield builds and maintains electrical lines for utilities. Powering our society with clean energy requires far more electricity grid infrastructure.
MYR Group specializes in high transmission power lines, a critical piece of infrastructure for bringing power from sunny/windy places to where it is needed in cities
Wesco helps distribute electricity for utilities, makes products to make electrical grids more robust, and helps buildings become more energy efficient.
Building Retrofit
% CHANGE (3-YR)
+329.04 %
% CHANGE (5-YR)
+461.29 %
Ameresco helps buildings become more energy efficient and even carbon neutral. They estimate they offset the CO2e equivalents of ~1.2M US homes in 2019
% CHANGE (5-YR)
+221.04 %
Willdan consults and builds software that helps the electrical grid optimally integrate renewables. They have delivered over 280,000 energy saving projects.
Dynamic Glass
% CHANGE (3-YR)
+102.40 %
% CHANGE (5-YR)
+102.40 %
RF make electronically tintable glass “Smartglass” which reduces solar gain in buildings and vehicles and decreases the amount of air conditioning we use.
Heat Pumps
Carrier builds heat pumps that are 2-3x more efficient than traditional electric heaters, thereby reducing electricity usage and CO2e emissions.
% CHANGE (5-YR)
+156.56 %
Lennox builds heat pumps that are 2-3x more efficient than traditional electric heaters, thereby reducing electricity usage and CO2e emissions.
% CHANGE (5-YR)
+221.61 %
Lennox builds heat pumps that are 2-3x more efficient than traditional electric heaters. The company has made a pledge to be carbon neutral by 2030.
High Performance Glass
Apogee owns a number of high-end window brands. Their high-performance glass better insulates buildings, reducing the energy needed to heat and cool structures.
Cement is a major emitter of CO2e. CRH is leading the push towards carbon-neutral cement (commitment by 2050), having already reduced their emissions by 26%.
PGT owns a number of high-end window brands. Their high-performance glass better insulates buildings, reducing the energy needed to heat and cool structures.
Tecnoglass makes high-performance glass that better insulates buildings, reducing the energy needed to heat and cool structures.
Insulation
% CHANGE (3-YR)
+174.87 %
% CHANGE (5-YR)
+391.10 %
Topbuild make home and building insulation, which saves energy to heat and cool structures. Insulation drawdown potential: 1.7%
% CHANGE (5-YR)
+245.43 %
Installed building products is on the largest insulation installers in the US. Insulation reduces the energy needed for heating and cooling.
OC makes a wide variety of insulation. Insulation reduces the energy usage of buildings. They have extensive sustainability goals with a track record of exceeding their targets.
Methane Digester
Capstone makes off-site power generators that can use renewable inputs like anaerobically-digested animal farm waste to make electricity.
Microgrids
Cleanspark makes software to help microgrids operate. Microgrids are key to balancing longterm grid flexibility as more renewable power comes online.
Ocean Power
OPT builds wave-powered generators and pressure-based power storage systems to produce renewable electricity.
Refrigerant Management
Hudson Technologies safely reclaims old refrigerants, one of the most potent greenhouse gases humans emit.
Smart Grid
% CHANGE (3-YR)
+239.69 %
% CHANGE (5-YR)
+165.51 %
ABB help utilities increase grid flexibility and reliability. To transition from fossil fuels, we need to "electrify everything," meaning a far more robust electrical grid.
Digi is an "Internet of Things" designer and manufacturer focused on building tools to help industry, cities, and infrastructure operate more efficiently with less waste.
Synthetic Fuels
Gevo makes carbon neutral biofuels (jet fuel, etc.) from corn grown with renegerative practices and natural gas generated from local dairy manure.
% CHANGE (3-YR)
+215.10 %
% CHANGE (5-YR)
+356.80 %
Renewable Energy is the country's leading refiner of biodiesel, refining it from used cooking oil, a far more sustainable way to fuel combustion engines.
Telepresence
Box makes software that makes it easier for employees to avoid commuting to work.
% CHANGE (5-YR)
+181.86 %
Citrix systems makes software that makes it easier for employees to avoid commuting to work.
Dropbox makes software that makes it easier for employees to avoid commuting to work.
Docusign makes software that removes the need to print legal documents. They estimate they have saved 2.5 million trees of paper since 2003.
Fiverr is a remote working service that helps businesses to find freelancers for jobs with no commuting or transportation required
Upwork is a remote working service that helps businesses to find freelancers for jobs with no commuting or transportation required
Slack makes software that enables teams to better work remotely, thus reducing the need to generate emissions from commuting
Zoom makes software that makes it easier for employees to avoid commuting to work
Water Distribution
% CHANGE (5-YR)
+138.67 %
BM makes internet-connected water valves and sensors that help municipalities catch leaks earlier. When less water is wasted, less energy is needed to be pumped uphill for storage
% CHANGE (5-YR)
+104.87 %
Ecolab makes a series of products, many of them aimed at helping companies save water. They have committed to halving their carbon footprint by 2030.
GWR builds and operates waste water treatment systems that specializes in municipal gray water systems that recycle water to be reused watering planted landscaping
% CHANGE (5-YR)
+111.36 %
Itron builds hardware and software products that help utilities manage their electrical, water, and gas distribution systems as efficiently as possible.
MW builds valves, hydrants, and smart infrastructure that help municapities save water. Saved water = less water that needs to be pumped uphill into storage
Pentair builds products and systems to help homes, businesses, and utilities move and distribute water as efficiently as possible.
% CHANGE (5-YR)
+183.02 %
Xylem owns many water companies, from pumps to sensors. They have a 100% renewable energy pledge by 2025 and aim to save their customer 3.5B cubic meters of water
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 Investing because we couldn’t find anywhere to invest our retirement savings that made both ethical and financial sense in the age of climate change.
So we built the world’s first series of climate-friendly, 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. We replace 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.