The share price of Energy Action has been trading above $3 for some time now, having reached as high as $3.50. The company is growing revenue streams, and in a recent update, informed shareholders that it has appointed Fort Street Advisers to help “assess growth opportunities in the market.” They have also appointed an executive search firm to help find a replacement for Managing Director Valerie Duncan, who has signaled her intent to retire at some point in 2014. Evergreen Capital Partners and Perennial Investment Partners hold approximately 9% and 6% of the company respectively. Citigroup Global Markets also holds a relevant interest in about 5% of the company, subject to an obligation to return the borrowed stock to the lender. I don’t dare speculate as to what this means, however, what is certain is that Energy Action is no longer under the radar.

Tox Free Solutions Limited (ASX: TOX) is a waste management company with 23 facilities Australia wide. TOX provides household waste collection, hazardous waste disposal and recycling, solid waste management and recycling, and liquid waste treatment. The recycling of hazardous waste chemicals has positive environmental benefit.

Tassal Group Limited (ASX:TGR) is involved in the hatching, farming, processing, sales and marketing of Tasmanian Atlantic Salmon. Its operations are based on the west coast of Tasmania. The company is the largest Australian producer and marketer of salmon. We have researched the ethical aspects of fish farming, including the possible effects of antibiotics on consumers. Tassal comes up positively. The company even gets a tick from local environmentalists and the local green politician.

Energy Action Group (ASX: EAX) is rare among environmentally positive equities in that it is profitable and is able to pay regular dividends. It was listed on the ASX in October 2011 at $1.00 per share. EAX provides energy retrofitting services to government and private organisations. It also owns the Australian Energy Exchange where energy retailers bid to provide the best energy prices to organisations and those organisations are able to re-sell excess energy already contracted. Both services provide substantial savings to their customers and have environmental benefits.