Coal Truck

Welcome to the Global Coal Exit List

The Global Coal Exit List (GCEL) is a unique, public database, which provides key statistics on companies throughout the entire thermal coal value chain. It aims to capture the world’s coal industry as a whole and serves as an information source and a divestment tool for the finance sector. 

Coal is the single biggest contributor to climate change, and phasing out investments in the coal industry is the single most important step financial institutions can take to protect our climate. According to the 2018 IPCC report, coal-fired power generation must decrease by 78% by 2030 if we want to keep the 1.5°C limit within reach. Achieving this goal requires immediate action by banks and investors.

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The GCEL is a practical tool that enables financial institutions to identify the ‘coal content’ of their portfolios, to avoid new coal investments and to accelerate their departure from the coal industry. Since our database was first published in 2017, 200 financial institutions have become registered users of the GCEL. Many leading investors are now using our database not only to assess coal-related risks in their portfolios, but to plan and execute meaningful divestment steps.

The 2019 GCEL lists around 2,300 companies (parents and subsidiaries). It provides key information on these companies’ coal share of revenue (CSR), coal share of power production (CSPP), installed coal-fired capacity and annual coal production. It also identifies, which companies are planning an expansion of coal mining or coal power activities or are developing other coal infrastructure.

Our research mainly relies on public data provided by the companies themselves. Most of the information in the GCEL is extracted from companies’ reporting documents, investor presentations and their websites. Other important sources are publications by government agencies and stock exchanges.

Urgewald strives to facilitate impactful coal divestment and provide data on which financial institutions, academics, NGOs and journalists can rely on. We will continue refining the GCEL to incorporate new parameters and improve its data density. We aim to set the benchmark when it comes to capturing coal sector data and providing it in a way that is tailored to the needs of responsible investors.


 

 

For Investors – Get the list with ISIN codes

We provide a special version of the Global Coal Exit List with common financial identifiers (ISIN, Bloomberg Ticker, etc.) on request. We also offer in-depth webinars on the list.

What's so special about the Global Coal Exit List?

We also list private companies that engage in coal-related business activities, which is especially valuable to insurance companies.

Users of the Global Coal Exit List

Our database has more than 200 registered users from the finance sector.
Financial Institutions representing nearly US$ 10 trillion Assets under Management are applying one ore more of the Global Coal Exit List criteria.
Company Headquarter Absolute criteria Relative criteria Expansion criteria
Sojitz Coal Resources Pty Ltd
Australia csr
Sundiro Holding Co Ltd
China csr
Wanji Holding Group Co Ltd
China csr
Xinjiang Tianye Group Co Ltd
Xinjiang Tianye Co. Ltd.
China csr | cspp
Bathurst Resources Ltd
Bathurst Coal Holdings Limited | Bathurst Coal Limited | Bathurst New Zealand Limited | Bathurst Resources (Canada) Limited | BR Coal Pty Limited | BT Mining Limited | Buller Coal Ltd | New Brighton Collieries Limited
New Zealand csr
Capital Power Corporation
Capital Power LP
Canada csr | cspp
China Coal Technology & Engineering Group Co.
Tiandi Science & Technology Co. Ltd
China csr
Copelmi Mineração Ltda
Brazil csr
CS Energy Limited
Australia csr | cspp
EMCO
EMCO Energy Zambia Ltd | PT Bina Insan Sukses Mandiri
India
Feishang Group Ltd.
Feishang Anthracite Resources Limited
China csr
Hidili Industry International Development Ltd.
China csr
Jaiprakash Power Ventures Limited (JPVL)
India csr | cspp
Japan Coal Development Co. Ltd.
Japan csr
Kores Australia Pty Ltd
Wyong Areas Coal Joint Venture (WACJV)
Australia csr
Kuyasa Mining Pty Ltd
KiPower
South Africa csr
Lanco Infratech Limited (Lanco Group)
Griffin Coal Mining Co Pty Ltd | Himavat Power Limited | Vainateya Power Private Limited
India csr | cspp
Makomo Resources
Zimbabwe csr
Morupule Coal Mine
Botswana csr
Nan Nan Resources Enterprise Ltd
China (Hong Kong) csr

Support our Research

Coalexit.org is a platform free of charge. However, it is based on a years-long and extremely costly research. Please help Urgewald with your donation.