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
Samruk Energy JSC
Balkhash TPP JSC | Bogatyr Komir (LLP) (Forum Muider BV Netherlands) | Ekibastuz GRES-2 JSC
Kazakhstan >20MT csr | cspp
Xuzhou Mining Group Co. Ltd.
China >20MT csr | cspp
Tata Power Co Ltd
Maithon Power Limited (MPL) | PT Sumber Energi Andalan Tbk | Tata Power International
India csr | cspp
Reliance Power Ltd
Chitrangi Power Private Ltd (CPPL) | PT Avneesh Coal Resources | Coastal Andhra Power Ltd | PT Brayan Bitang Tiga Energi | PT Haramba Coal Resources | PT Sriwijiya Bintang Tiga Energi | PT Sumukha Coal Services | Reliance Coal Resources Pvt. Ltd | Reliance Power Netherlands | Rosa Power Supply Company Ltd | Sasan Power Ltd | Vidarbha Industries Power Ltd
India csr | cspp
Anhui Wanbei Coal - Electricity Group Co Ltd
Anhui Hengyuan Coal Industry and Electricity Power Co Ltd
China csr
Whitehaven Coal Ltd
Aston Resources Ltd | Narrabri Coal Operations Pty Ltd
Australia csr
China Resources Power Holdings Co Ltd
CR POWER INVESTMENT | CRE FINANCE HONG KONG LTD
China >10GW csr | cspp
Erdenes Mongol LLC
Baganuur JSC | Erdenes Shivee Energy LLC | Erdenes Tavan Tolgoi JSC | Shivee Ovoo JSC
Mongolia
Henan Shenhuo Group
Henan Shenhuo Coal & Power Co
China cspp
Indonesia Asahan Aluminium LLP
PT Bukit Asam | PT Timah Tbk
Indonesia csr
Menar Holding
Canyon Coal Pty Ltd | Kangra Coal (Proprietary) Ltd | Sitatunga Resources
Luxembourg csr
Jellinbah Group
Australia csr
Phu Fai Mining Company Limited
Laos csr
Russian Coal Co
Russia csr
DMCI Holdings Inc
SEM-Calaca Power Corp | Semirara Mining and Power Corporation (SMPC) | Southwest Luzon Power Generation Corp | St. Raphael Power Generation Corp via Semirara | D-Enerji
Philippines csr | cspp
Idemitsu Kosan Co Ltd
Boggabri Coal Operations Pty Ltd | Ensham Resources Pty Ltd | Idemitsu Australia Resources Pty Ltd. | Idemitsu Coal Marketing Australia | Muswellbrook Coal Co Ltd | PT Mitrabara Adiperdana
Japan
Natural Resource Partners L.P.
USA csr
OAO Kuzbasskaya Toplivnaya Kompaniya (KTK)
KTK Polska Spółka z o.o
Russia csr
Samtan Co Ltd
GS Donghae Power Co Ltd | PT Alur Biru Maritim (ABM) | PT Cirebon Electric Power (CEP) | PT Cirebon Energi Prasarana (CEPR) | PT Cirebon Power Services (CPS) | PT KIDECO Jaya Agung (KIDECO) | PT Mintec Abadi (MIN) | PT Samindo Resources Tbk | PT Samindo Utama Kaltim (SUK) | PT Sea Bridge Shipping | PT SIMS Jaya Kaltim (SIMS) | PT Trasindo Murni Perkasa (TMP) | Samtan USA | STI Pacific Pte Ltd
South Korea csr | cspp
ZAO Stroyservis
AO open cut mine Shestaki | OOO Razrez Berezovskiy | OOO Razrez Permyakovsky | OOO Shahta №12 | OOO SP Barzasskoye tovarischestvo”
Russia csr

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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.