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
Sharyn Gol JSC
Mongolia csr
Shanxi Lu'an Mining Industry (Group) Co Ltd
Lu'an Xinjiang Coal Chemical (Group) Co. Ltd. | Shanxi Lu'An Environmental Energy Development Co. Ltd. | Shanxi Lu'an Group Xingguang Coal Power Co. Ltd. | Xinjiang Lu'an Energy Chemistry Co
China >20MT csr
Shanxi Lanhua Coal Industry Group Co. Ltd.
Shanxi Lanhua Sci-Tech Venture Co Ltd
China csr
Shanxi Jincheng Anthracite Mining Group Co Ltd
Taiyuan Coal Gasification Group Corp Ltd
China >20MT csr | cspp
Shanxi International Energy Group
Gemeng International Energy Co Ltd
China csr | cspp
Shanxi Coking Coal Group Co Ltd
Wuxiang Xishan Power Generation Co. Ltd. | Xishan Coal Electricity Group Co Ltd
China >20MT csr | cspp
Shanxi Coal Import & Export Group Co Ltd
Shanxi Coal International Energy Group Co Ltd
China >20MT csr
Shanghai Electric Group Corp
Thar Sino-Sindh Resource Ltd power station
China
Shandong Xinhai Technology Co. Ltd
Jvnan Liyuan Thermal Power Co. Ltd.
China cspp
Shandong Innovation Group
China
Shandong Energy Group Co Ltd
Feicheng Mining Group Co Ltd | Feicheng Mining Group Liangbaosi Energy Co. Ltd. | Rocklands Richfield Ltd | Shandong Energy Guizhou Mining Co Ltd | Shandong Energy Inner Mongolia Shenglu Energy& Chemical Co Ltd | Shandong Energy Linyi Mining Group Co Ltd | Shandong Energy Longkou Mining Group Co Ltd | Shandong Energy Xinwen Mining Group Co Ltd | Shandong Energy Zaozhuang Mining Group Co Ltd | Shandong Energy Zibo Mining Group Co Ltd | Zaozhuang Bayi Coal Water Slurry Thermal Power Co. Ltd.
China >20MT csr
Shaanxi Yulin Energy Group Co Ltd
China >20MT csr | cspp
Shaanxi Non-ferrous Metals Holding Group Co Ltd (Shaanxi Youser Group)
Meixin Industry Investment Co
China cspp
Shaanxi Investment Group Co. Ltd
Shaanxi Energy Zhaoshipan Coal & Elec Co Ltd | Shaanxi Huisen Coal Industry Development Co Ltd | Shaanxi Qingshuichuan Energy Co Ltd | Shaanxi Qinlong Electric Power Co Ltd | Shaanxi Xianyang Thermal Power Development Co Ltd | Shangluo Power Co Ltd
China csr | cspp
Shaanxi Coal and Chemical Industry Group Co Ltd
Datang Lueyang Power Generation Co | Fugu Energy Investment Co Ltd | Huangling Mining Group Co Ltd | Meixin Industry Investment Co | Shaanxi Binchang Mining Group Co Ltd | Shaanxi Coal Industry Co Ltd | Shaanxi Qingshuichuan Energy Co. Ltd. | Shaanxi Tongchuan Mining Co Ltd | Shenmu Hongliulin Mining Co Ltd
China >20MT, >10GW csr | cspp
Sev.en Energy Group
Coal Services a.s. | Sev.en Commodities AG | Sev.en EC a.s. | Severni Energeticka a.s. | Vršanská uhelná a.s.
Czech Republic csr | cspp
Serbian Oil Company (NIS)
Serbia
SEPC Power Pvt Ltd
India
Sembcorp Industries Ltd
ChongQing SongZao Sembcorp Electric Power | Sembcorp Energy India Limited | SEMBCORP FINANCIAL SERV | Sembcorp Gayatri Power Limited (SGPL) | Sembcorp Utilities Uk Ltd
Singapore cspp
SCANA Corporation
South Carolina Electricity & Gas Company (SCE&G) | South Carolina Generating Company Inc (GENCO)
USA 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.