Global Energy Transition

Chevron

Market Cap: US$241.1b

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

Shell

Market Cap: UK£138.5b

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

Siemens

Market Cap: €138.7b

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.

NextEra Energy

Market Cap: US$131.9b

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

TotalEnergies

Market Cap: €107.4b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

L'Air Liquide

Market Cap: €92.6b

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

Iberdrola

Market Cap: €88.3b

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.

Southern

Market Cap: US$95.3b

Through its subsidiaries, engages in the generation, transmission, and distribution of electricity.

Enbridge

Market Cap: CA$127.9b

Operates as an energy infrastructure company.

Duke Energy

Market Cap: US$90.1b

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

Hitachi

Market Cap: JP¥13.0t

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

Banco Santander

Market Cap: €80.8b

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

Waste Management

Market Cap: US$87.1b

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

KKR

Market Cap: US$83.9b

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

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €69.1b

Engages in the insurance and reinsurance businesses worldwide.

Trane Technologies

Market Cap: US$70.7b

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

BP

Market Cap: UK£52.7b

An integrated energy company, provides carbon products and services.

Vinci

Market Cap: €60.6b

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

ACWA Power

Market Cap: ر.س230.5b

Engages in the investment, development, operation, and maintenance of power generation, water desalination, and green hydrogen production plants in the Kingdom of Saudi Arabia, the Middle East, Asia, and Africa.

ITOCHU

Market Cap: JP¥8.8t

Engages in trading and importing/exporting various products worldwide.

Equinor

Market Cap: NOK 643.7b

An energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally.

SoftBank Group

Market Cap: JP¥8.7t

Provides telecommunication services in Japan and internationally.

Kinder Morgan

Market Cap: US$56.0b

Operates as an energy infrastructure company primarily in North America.

American Electric Power Company

Market Cap: US$53.9b

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.

Holcim

Market Cap: CHF 44.3b

Provides building materials and solutions worldwide.

Mitsubishi Heavy Industries

Market Cap: JP¥7.5t

Manufactures and sells heavy machinery worldwide.

Engie

Market Cap: €42.5b

Operates as an energy company, engages in the renewables and decentralized, low-carbon energy networks, and energy services businesses in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

Swiss Re

Market Cap: CHF 38.4b

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

3i Group

Market Cap: UK£34.8b

A private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins.

Dominion Energy

Market Cap: US$42.3b

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

E.ON

Market Cap: €36.7b

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

Xcel Energy

Market Cap: US$39.4b

Through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity in the United States.

NTPC

Market Cap: ₹3.4t

Primarily engages in the generation and sale of bulk power to state power utilities in India.

Phillips 66

Market Cap: US$37.9b

Operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally.

Eni

Market Cap: €34.3b

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

Marathon Petroleum

Market Cap: US$36.9b

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