Global Energy Transition

Valero Energy

Market Cap: US$49.6b

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.

Swiss Re

Market Cap: CHF 38.9b

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

E.ON

Market Cap: €41.2b

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

Ferrovial

Market Cap: €40.5b

Engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally.

Mahindra & Mahindra

Market Cap: ₹4.0t

Provides mobility products and farm solutions in India and internationally.

3i Group

Market Cap: UK£32.0b

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

Xcel Energy

Market Cap: US$43.0b

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

Dian Swastatika Sentosa

Market Cap: Rp648.0t

Engages in the coal mining and trading, multimedia, forestry, infrastructure, power and steam generation, technology, and fertilizer and chemical trading businesses.

ACWA Power

Market Cap: ر.س143.7b

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.

WEG

Market Cap: R$208.6b

Engages in the production and sale of capital goods in Brazil and internationally.

RWE

Market Cap: €31.6b

Generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally.

Toyota Tsusho

Market Cap: JP¥5.7t

Engages in the metals, circular economy, supply chain, mobility, green infrastructure, digital solutions, and lifestyle businesses.

NTPC

Market Cap: ₹3.1t

Operates as an integrated power company in India.

WEC Energy Group

Market Cap: US$33.8b

Through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States.

Sika

Market Cap: CHF 26.0b

A specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide.

ORIX

Market Cap: JP¥5.1t

Provides financial services in Japan, the United States, Asia, Europe, and Australasia.

Partners Group Holding

Market Cap: CHF 25.4b

A private equity firm specializing in direct, secondary, and primary investments across private equity, private real estate, private infrastructure, and private debt.

Orlen

Market Cap: zł110.1b

Operates in refining, petrochemical, energy, retail, gas, and upstream business.

NRG Energy

Market Cap: US$29.9b

Operates as an energy and home services company in the United States and Canada.

Coal India

Market Cap: ₹2.6t

Produces and sells coal and coal products in India.

Naturgy Energy Group

Market Cap: €24.0b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

EMCOR Group

Market Cap: US$27.4b

Provides electrical and mechanical construction and facilities, building, and industrial services in the United States and the United Kingdom.

Ameren

Market Cap: US$26.6b

Operates as a public utility holding company in the United States.

DTE Energy

Market Cap: US$26.5b

Engages in the energy-related businesses and services.

Samsung C&T

Market Cap: ₩39.2t

Engages in the engineering and construction, trading and investment, fashion, and resort businesses in South Korea, Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Alpha Dhabi Holding PJSC

Market Cap: د.إ95.2b

Engages in the construction, healthcare, real estate, and hospitality businesses in the United Arab Emirates and internationally.

Kuehne + Nagel International

Market Cap: CHF 20.4b

Provides integrated logistics services in Europe, the Middle East, Africa, the Americas, the Asia-Pacific.

EnBW Energie Baden-Württemberg

Market Cap: €21.7b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

VERBUND

Market Cap: €21.4b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Veolia Environnement

Market Cap: €21.4b

Designs and provides water, waste, and energy management solutions.

Ørsted

Market Cap: DKK 154.8b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants.

Banco BPM

Market Cap: €19.3b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

Kongsberg Gruppen

Market Cap: NOK 228.3b

Provides high-tech systems and solutions primarily to customers in the maritime and defense markets.

CLP Holdings

Market Cap: HK$175.3b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

Baoshan Iron & Steel

Market Cap: CN¥155.0b

Manufactures and sells steel products for automobile, home appliance, petrochemical, machinery manufacturing, energy, transportation, and other industries in China and internationally.

Hindalco Industries

Market Cap: ₹1.9t

Manufactures and distributes aluminum and copper products in India, the United States, Brazil, South Korea, the United Kingdom, Germany, China, and internationally.