Global Coal Exit List: Divestment Made Easy!

AXA Sets Divestment Milestone / Report: Investors vs. the Paris Agreement / GCEL Webinar

Urgewald applauds the major new divestment steps taken by French insurer AXA. In its statement AXA confirms that it is using the “Global Coal Exit List” to guide its coal divestment.

See more details in our press release

A new report identifies the 1,455 institutional investors financing the top 120 coal plant developers. It was published on Climate Finance Day in Paris, December 11th, 2017. It is accompanied by a sister publication about bank financing for the top 120 coal plant developers.

Find the investors report in the download section

In a new half-hour webinar, Urgewald staff explains the creation, content and usage of the "Global Coal Exit List" database.

Watch the recording of the webinar

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. But do we really know which companies belong to the industry? And more importantly, do banks and investors know? Bending emissions toward a 1.5°C pathway will be impossible, unless the finance industry makes a speedy and full exit from the coal industry.

From our portfolio analyses and in-depth discussions with many major banks and insurers, we have reached the conclusion that financial institutions systematically underestimate their holdings in the coal industry. Even investors who have taken first steps down the divestment road, have not yet made a full exit from the industry. To address this blind spot, we have developed a unique divestment tool: The Global Coal Exit List (GCEL). It is a ‘Who is Who’ of the global coal industry 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. 

Our separate Coal Plant Developers Database highlights 120 companies whose coal power expansion plans should put them at the top of every divestment list.

» Database: Global Coal Exit List

» Database: Coal Plant Developers

» Report: GCEL - Time for Impact Divesting

» Graphics: Key Figures & Rankings

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