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
Usibelli Coal Mine Inc
USA csr
American Electric Power Co Inc (AEP)
AEP Generating Company (AEGCo) | Appalachian Power Co | CSW CREDIT INC | Dolet Hills Lignite Co LLC | Indiana Michigan Power Co | Kentucky Power Co | Ohio Valley Electric Corporation (OVEC) | Public Service Company of Oklahoma | Southwestern Electric Power Co (SWEPCO) | SWEPCO Capital I(Southwestern Electric Power Co) | SWEPCo Capital Trust I | Wheeling Power Co
USA >10GW csr | cspp
Anyuan Coal Industry Group Co
China csr
Atlantic Carbon Group Plc
United Kingdom csr
Banks Mining (HJ)
United Kingdom
Bisichi Mining plc
United Kingdom csr
Carbonifera Metropolitana SA
Brazil csr
Companhia Riograndense de Mineracao
Brazil csr
Damodar Valley Corporation (DVC)
Bhira Investments Ltd | Bokaro Power Supply Co Ltd (BPSCL) | Khopoli Investments Ltd | Maithon Power Limited (MPL)
India csr | cspp
Grand Ocean Advanced Resources Co Ltd
China csr
Guizhou Industrial Investment (Group) Co Ltd
Guizhou Xingyi Electric Power Development Co Ltd
China
Hornonitrianske bane Prievidza (HBP) AS
Slovakia csr
Hwange Colliery Co Ltd
Zimbabwe csr
Ichor Coal NV
Mbuyelo Coal
South Africa csr
Petmin Ltd
South Africa csr
PT Golden Eagle Energy Tbk
Indonesia csr
PT KARBINDO ABESYAPRADHI
Indonesia csr
PT Resource Alam Indonesia Tbk
PT Insani Baraperkasa
Indonesia csr
Qinghai Provincial Investment Group Co Ltd
Qinghai Investment Group Co Ltd | Qinghai Qiaotou Aluminum & Power Co Ltd
China cspp
Rudnici Uglja Banovici (RMUB)
Bosnia and Herzegovina 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.