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.

Register here to view and download the full data.

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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.

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.


 

 

Global Coal Exit List

Company Headquarter Absolute criteria Relative criteria Expansion criteria
Cornwall Coal Sales LLC
USA csr
County International
Australia
Crown Coal & Coke Co
USA csr
Dalian City thermoelectric Group Co. Ltd.
Dalian Thermal Power Co. Ltd.
China csr | cspp
Daqin Railway Co Ltd
China csr
Datang Sanmenxia Power Generation Company Ltd
China csr | cspp
Diler Holding
Atlas Enerji Üretim A.Ş. | Diler Elektrik Üretim A.Ş.
Turkey cspp
DLs Trading
Indonesia csr
Doğanlar Yatırım Holding A.Ş. (Doganlar Yatirim Holding A.S.)
Turkey
Donbasenergo PJSC
Ukraine csr | cspp
Dongfang Electric Corporation (DEC)
Dongfang Electric Co. Ltd. (DEC-Ltd.)
China csr
Dongguang Chemical Ltd.
China csr
DTE Energy Co.
DTE CAPITAL CORP
USA csr | cspp
Duke Energy Corporation
Duke Capital Corp | Duke Capital Finance Trust I (Duke Capital/Duke Energy) | Duke Capital Finance Trust II (Duke Capital/Duke Energy) | Duke Capital LLC | Duke Energy Capital Trust II | Duke Energy Carolinas LLC | DUKE ENERGY FL PROJ FIN | Duke Energy Florida LLC | Duke Energy Florida Project Finance LLC | Duke Energy Indiana Inc | Duke Energy Kentucky Inc | Duke Energy Ohio Inc | Duke Energy Progress LLC | Duke Power O/S Finance NV | Ohio Valley Electric Corporation (OVEC) | PROGRESS CAPITAL HLDGS
USA >10GW cspp
E-Commodities Holdings Ltd
China (Hong Kong) csr
East Energy Resources Ltd
Australia
Edenville Energy plc
Edenville International (Tanzania) Ltd | Edenville Power (Tz) Ltd | Pecém Operação e Manutenção de Unidades de Geração Elétrica SA (Pecém OM) | Porto do Pecém Geração de Energia SA (Porto do Pecém) | Porto do Pecém Transportadora de Minérios SA (Pecém TM)
United Kingdom csr
EDP Energias do Brasil SA (EDP Brazil)
Brazil cspp
EDP España SAU
EDP Servicios Financieros España SAU
Spain cspp
Ege Trade
Anadolu DIŞ Ticaret Pazarlama Madencilik A.Ş. | Anadolu Enerji Üretim A.Ş. | Şırnak Elektrik Üretim A.Ş.
Turkey

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.

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.