TIME ranks cleantech's best
Nine Australian companies have been recognised in TIME Magazine's 2025 Global GreenTech Rankings.
Aussie companies made a strong showing in the latest World’s Top GreenTech Companies of 2025 report, compiled by TIME Magazine and Statista.
Among the 250 global companies recognised for their innovation and impact in reducing environmental harm, nine Australian firms earned a place on the coveted list.
Leading the Australian contingent was V2food, a foodtech company that creates plant-based meat alternatives, and 5B, a firm focused on faster, cheaper solar deployment, with each ranked 35th and 36th respectively.
Other Australian standouts were green hydrogen company Hysata (68th), battery tech company Relectrify (135th), dynamic power company Amber (171st) and EV charging company JOLT (210th).
"AI, mealworms, aerospace, carbon capture: They’re all innovative approaches companies are taking to try to stop the effects of climate change."
Also on the list were Australian renewable generation & storage company CleanPeak Energy (223rd), vertical farm company Stacked Farm (228th), and solar tech company SunDrive (243).
The TIME-Statista analysis reviewed more than 8,000 companies worldwide, assessing their financial strength, innovation, and environmental impact.
"AI, mealworms, aerospace, carbon capture: They’re all innovative approaches companies are taking to try to stop the effects of climate change," the report said.
The final 250 firms named in the list spanned over 30 countries, with BETA Technologies, a Vermont-based firm developing battery-powered aircraft, securing the top spot, followed by Swiss carbon capture pioneer Climeworks, whose technology is capturing 36,000 tons of CO₂ annually at its Icelandic facility.
Climeworks wasn’t the only carbon capture company in the top 10 – London-based Carbon Clean ranked seventh with its industrial solution which captures carbon at the point of emission.
Others leading the pack included France’s Innovafeed, which specialises in insect-based protein for animal and plant feed, and Canada’s Waabi, an AI-driven startup partnering with Volvo to boost sustainability in long-haul trucking.
