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. 

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.

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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.


 

 

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.
Company Headquarter Absolute criteria Relative criteria Expansion criteria
China Energy Engineering Group Co. Ltd. (Energy China Group)
China Energy Engineering Co. Ltd. (Energy China) | China Gezhouba Group Co. Ltd. (CGGC) | CPE: China Energy Engineering Group Planning and Engineering Co. Ltd
China
China Leon Inspection Holding Ltd.
China csr
China National Machinery Industry Corp (Sinomach)
China Machinery Engineering Corp (CMEC) | Sindh Engro Coal Mining Company | Thar Energy Limited (TEL)
China
China National Offshore Oil Corporation (CNOOC)
China
China National Tobacco Corporation
China
China Southern Power Grid Co Ltd
Castle Peak Power Co | CASTLE PEAK POWER FINANCE CO | China Southern Power Grid International Finance (Bvi 2018) Co Ltd | China Southern Power Grid International Finance (BVI) Co Ltd | CLP AUSTRALIA FINANCE PTY L | CLP Power Hong Kong Financing (CLP Power International) | CSG International Company
China csr
Chittagong Port Authority
Bangladesh
Chubu Electric Power Co Inc
Hitachinaka Generation Company | JERA Co Inc | JERA Trading Pte. Ltd. | Soma Kyodo Power
Japan
Chugoku Electric Power Company Inc.
Japan
CLP Holdings Ltd
CLP Guohua Shenmu Power Co. Ltd. | Castle Peak Power Co | CASTLE PEAK POWER FINANCE CO | CLP Australia Finance Pty Ltd | CLP Power HK Finance Ltd | CLP Power Hong Kong Financing Limited | CLP Power India Pvt Ltd | CLP Power International Ltd | CSEC Guohua International Power Co | EnergyAustralia Pty Ltd | Ho-Ping Power Company | One Energy Ltd. | Shandong Zhonghua Power Co Ltd
China (Hong Kong) >10GW csr | cspp
CMS Coal Marketing Services (Pty) Ltd
South Africa csr
CMS Energy Corporation
Consumers Energy Co Finance II (Consumers Energy Co/CMS Energy Corp) | Consumers Energy Co Finance IV (Consumers Energy Co/CMS Energy Corp) | Consumers Energy Company | Consumers Power Company Financing I(Consumers Power Co/CMS Energy) | HYDRA-CO Enterprises
USA cspp
Coal & Oil Group LCC
Coal and Oil Company LLC | Coastal Energen Pvt Ltd
India csr | cspp
Coal Asia Holdings Inc
Titan Mining and Energy Corp (TMEC)
Philippines
Coal Network LLC
USA csr
Coal Orbis Trading GmbH
Germany csr
Coal Power Generation Company Bangladesh
Bangladesh
Cokal Ltd
Cokal Karoo Limited | Cokal Manda Limited | Cokal Mozambique Pty Ltd | PT Anugerah Alam Katingan (AAK) | PT Borneo Bara Prima (BBP) | PT Bumi Barito Mineral (BBM) | PT Tambang Benua Alam Raya (TBAR
Australia csr
Comptoir Balland-Brugneaux SARL
Switzerland csr
Cong Thanh Group
Cong Thanh Thermal Power Joint Stock Company
Vietnam

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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.