Global Energy Transition

Chevron

Market Cap: US$421.3b

Through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally.

Shell

Market Cap: UK£196.4b

Operates as an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United States, and other parts of the Americas.

TotalEnergies

Market Cap: €167.6b

An integrated energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, the United States, Europe, Brazil, India, and internationally.

NextEra Energy

Market Cap: US$190.4b

Through its subsidiaries, generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America.

Siemens

Market Cap: €158.5b

A technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia.

Banco Santander

Market Cap: €135.8b

Provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide.

Iberdrola

Market Cap: €127.6b

Engages in the generation, production, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia.

Hitachi

Market Cap: JP¥21.3t

Provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally.

Blackstone

Market Cap: US$132.8b

An alternative asset management firm specializing in private equity, venture capital, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies.

Enbridge

Market Cap: CA$165.5b

Operates as an energy infrastructure company.

L'Air Liquide

Market Cap: €99.8b

Provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa.

Enel

Market Cap: €91.8b

Operates as an integrated operator in electricity and gas industries worldwide.

Delta Electronics (Thailand)

Market Cap: ฿3.4t

Researches and develops, manufactures, and distributes electronic products.

Equinor

Market Cap: NOK 1.0t

Operates as an energy company in Norway and internationally.

Duke Energy

Market Cap: US$101.2b

Through its subsidiaries, operates as an energy company in the United States.

Mitsubishi Heavy Industries

Market Cap: JP¥15.4t

Manufactures and sells heavy machinery worldwide.

Trane Technologies

Market Cap: US$90.8b

Designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration.

Waste Management

Market Cap: US$90.8b

Through its subsidiaries, provides environmental solutions to residential, commercial, industrial, and municipal customers in the United States, Canada, Western Europe, and internationally.

ITOCHU

Market Cap: JP¥14.4t

Trades and imports/exports various products worldwide.

Brookfield

Market Cap: CA$121.2b

A multi-asset manager focused on real estate, credit, renewable power and transition, infrastructure, venture capital, and private equity including growth capital and emerging growth investments.

Quanta Services

Market Cap: US$82.3b

Offers infrastructure solutions for the electric and gas utility, power generation, load center, manufacturing, communications, pipeline, and energy industries.

Eni

Market Cap: €70.4b

Operates as an integrated energy company in Italy, Other European Union, Rest of Europe, the United States, Asia, Africa, and internationally.

Vinci

Market Cap: €69.8b

Engages in concessions, energy, and construction businesses in France and internationally.

KKR

Market Cap: US$78.9b

A private equity and real estate investment firm specializing in direct and fund of fund investments.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €66.4b

Engages in the insurance and reinsurance businesses worldwide.

Valero Energy

Market Cap: US$76.0b

Manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally.

Kinder Morgan

Market Cap: US$75.7b

Operates as an energy infrastructure company primarily in North America.

Phillips 66

Market Cap: US$75.5b

Operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally.

Engie

Market Cap: €65.2b

Engages in renewables and decentralized and low-carbon energy networks in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

Marathon Petroleum

Market Cap: US$74.2b

Operates as an integrated downstream energy company in the United States.

American Electric Power Company

Market Cap: US$70.6b

An electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States.

Brookfield Asset Management

Market Cap: CA$96.4b

A private equity firm specializing in acquisitions and growth capital investments.

E.ON

Market Cap: €48.5b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

Dominion Energy

Market Cap: US$53.5b

Provides regulated electricity and natural gas services in the United States.

BASF

Market Cap: €45.5b

Operates as a chemical company worldwide.

Swiss Re

Market Cap: CHF 37.9b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.