Coal industry

Global Coal Exit List 2020

Coal is the number one driver of climate change, and phasing out investments in the coal industry is the single most important step financial institutions can take to protect our climate. Effective divestment, however, requires a precise understanding of who the coal industry is. This is where the Global Coal Exit List (GCEL) comes in. 

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The GCEL was devised to help financial institutions navigate the complicated landscape of coal-based business models. It offers key statistics on over 900 parent companies and 1,800 subsidiaries operating along the thermal coal value chain. 
Investors representing over US$ 14 trillion in assets are already applying one or more of the GCEL’s three divestment criteria to screen coal companies out of their portfolios. But unless more follow and do so quickly, we will fail the most basic of all climate tests: leaving coal behind.



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?

The GCEL is a powerful information tool and has played an influential role in shaping new policies by financial institutions on coal.

Users of the Global Coal Exit List

Our database has more than 400 registered users from the finance sector.
Financial Institutions representing nearly US$ 14 trillion Assets under Management are applying one ore more of the Global Coal Exit List criteria.

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