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
Pakistan International Bulk Terminal Limited
Pakistan csr
Paradip Port Trust
India
Payra Port Authority
Bangladesh
Guangdong Pearl River Investments Co. Ltd
Guangdong Zhujiang Investment Management Group Co Ltd
China
PER Lusulu Power
Zimbabwe
PHINMA Energy
South Luzon Thermal Energy Corp (SLTEC)
Philippines csr | cspp
PKP Cargo SA
Advanced World Transport (AWT) B.V. | Trade Trans Finance
Poland csr
PNM Resources Inc
NM CAPITAL UTILITY CORP | Public Service Company of New Mexico (PNM)
USA csr | cspp
Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG)
PGNiG TERMIKA Energetyka Przemysłowa SA (PGNiG TERMIKA EP)
Poland cspp
Power Assets Holdings Ltd
Canadian Power Holdings | Guangdong Zhuhai Jinwan Power Company Limited | Guangdong Zhuhai Power Station Company Limited | TransAlta Cogeneration
China (Hong Kong) csr | cspp
Power Construction Corp of China / PowerChina
Hwange Electricity Supply Company (HESCo) | Port Qasim Electric Power Company | Power Construction Corporation of China Ltd | PowerChina Gansu Energy Investment Co Ltd | PowerChina Resource Ltd | SEPCO III Electric Power Construction Corporation | Sinohydro Corporation (PowerChina International Group Ltd)
China
Power Finance Corporation Ltd.
Bihar Infrapower Limited | Bihar Mega Power Limited | Cheyyur Infra Limited | Chhattisgarh Surguja Power Limited | Coastal Karnataka Power Limited | Coastal Maharashtra Mega Power Limited | Coastal Tamil Nadu Power Limited | Deoghar Infra Limited | Deoghar Mega Power Limited | Ghogarpalli Integrated Power Company Limited | Jharkhand Infrapower Limited | Odisha Infrapower Limited | PFC Consulting Limited | Orissa Integrated Power Limited | Sakhigopal Integrated Power Company Limited | Tatiya Andhra Mega Power Limited
India
PPL Corporation
Kentucky Utilities Co (KU) | LG&E CAPITAL CORP | Louisville Gas & Electric Co (LG&E) | Ohio Valley Electric Corporation (OVEC) | PPL Capital Funding Inc | PPL Electric Utilities Corporation
USA csr | cspp
Prayagraj Power Generation Company Ltd (PPGCL)
India csr | cspp
Premthai Energy Ltd
Thailand csr
Prophecy Development Corp
Chandgana Coal LLC
Canada
PT Atlas Resources Tbk
Indonesia csr
PT Borneo Coal Trading
PT Global Makara Teknik (GMT)
Indonesia csr
PT Borneo Olah Sarana Sukses Tbk (BOSS)
Indonesia csr
PT Insam Batubara Energy
Indonesia csr

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.