Listed firms generate USD 2.56trn of clean energy revenues in 2022

Listed companies globally generated at least USD 2.56 trillion (EUR 2.33trn) in revenues from clean energy activities in 2022, which is equivalent to 2.6% of gross domestic product (GDP), BloombergNEF (BNEF) said last week.

BNEF’s Clean Energy Exposure Ratings analysis covers revenues from clean energy production and the manufacturing of technologies and equipment for the sector. It rates 8,182 listed companies based on the proportion of their revenues that come from clean energy.

Power utilities like EDF, Enel and E.on accounted for the largest share, 42%, or USD 1.06 trillion, of total clean energy revenues. Renewable energy manufacturers and developers such as CATL, Vestas, Trina Solar provided 25%, or USD 628 billion. The auto industry only contributed USD 370 billion.

Source: BloombergNEF, Bloomberg Terminal, company reports. Note: excludes high-revenue companies that don’t explicitly disclose clean energy revenue.

In addition, the analysis shows that the exposure of top global equity indices to clean energy revenues is minimal. For instance, in the S&P 500 and the MSCI World Index only 3.4% and 3% of portfolio-weighted revenues, respectively, are exposed to clean energy.

(USD 1 = EUR 0.909)

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