A New Dimension of Coal Divestment
We all know the coal industry is the number one driver of climate change, damages peoples’ health and destroys the environment. The German NGO Urgewald has put together the first ever database listing all the major companies of this industry. The Global Coal Exit List (GCEL) is a ‘Who is Who’ of the global coal value chain and provides key statistics on 775 companies. The GCEL also identifies the companies which are planning new coal projects. It enables financial institutions to assess the ‘coal content’ of their portfolios, to avoid new coal investments and to accelerate their departure from the industry.
The Coal Plant Developers List is an important component of the Global coal exit list and is separately listed in the data section of this website. It highlights 120 companies whose coal power expansion plans should put them at the top of every divestment list.