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
Vostochny Port JSC
Russia csr
Vorgashorskaya Coal Mine
Russia csr
Volta River Authority
Ghana
V.O.CHIDAMBARANAR PORT TRUST
India
Vivant Corporation
Abovant Holdings Inc (AHI) | Cebu Energy Development Corporation (CEDC) | Global Luzon Energy Development Corporation (GLEDC) | Lunar Power Core Inc (LPCI) | Minergy Power Corporation (MPC) | Therma Visayas Inc (TVI) | Vivant Energy Corporation (VEC) | Vivant Integrated Generation Corp (VIGC)
Philippines csr | cspp
Vistra Energy Corp
Dynegy Midwest Generation LLC | Electric Energy Inc | Luminant | Vistra Finance Corp
USA >20MT, >10GW csr | cspp
Vietnam Oil and Gas Group (PetroVietnam)
Vietnam cspp
Vietnam National Coal Mineral Industries Holding Corporation Limited (Vinacomin)
Cao Son Coal Joint Stock Company | Deo Nai Coal Joint Stock Company | Ha Lam Coal Joint Stock Company | JSC HA TU COAL | Mong Duong Coal Joint Stock Company | Quang Ninh Thermal Power JSC | Tay Nam Da Mai Coal Joint Stock Company | Vang Danh Coal Joint Stock Company
Vietnam >20MT
Vietnam Electricity Corporation (EVN)
Electricity of Vietnam | EVN Genco No 1 | EVN Genco No 2 | EVN Genco No 3 | Pha Lai Thermal Power JSC | Quang Ninh Thermal Power JSC
Vietnam cspp
PT Vietmindo Energitama
Indonesia csr
Veolia Polska SA
Poland cspp
Vedanta Resouces Plc
Bharat Aluminium Co Ltd (BALCO) | Hindustan Zinc Ltd | MALCO Energy Ltd (MEL) | Talwandi Sabo Power Limited (TSPL) | Vedanta Finance (Jersey) Limited | Vedanta Finance UK Limited | Vedanta Limited | Vedanta Resources Finance Limited | Vizag General Cargo Berth Private Limited (VGCB)
United Kingdom cspp
Vandana Vidhyut Ltd
India csr | cspp
Vale SA
Nacala Corridor Holding Netherlands B.V. | Vale Moçambique
Brazil
Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL)
Jawaharpur Vidyut Utpadan Nigam | Meja Urja Nigam Private Limited (MUNPL) | NLC Uttar Pradesh Power
India csr | cspp
Usibelli Coal Mine Inc
USA csr
Uroica Precision Information Engineering Co.Ltd
China csr
Ural Mining Metallurgical Company (UMMC)
CC Kolmar LLC | OAO UK Kuzbassrazrezugol (KRU)
Russia >20MT
Universal Coal plc
United Kingdom csr
PT United Tractors Tbk
ASTRA SEDAYA FINANCE PT | FEDERAL INTL FINANCE | PT Bhumi Jati Power | PT Pamapersada Nusantara (PAMA) | PT Prima Multi Mineral (PMM) | PT Tuah Turangga Agung (TTA)
Indonesia csr | cspp

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.