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
Elektroprivreda BIH (EPBIH)
Bosnia and Herzegovina csr | cspp
Global Mining Holding Company LLC
Global Coal Sales Group LLC | Global Mining Group LLC | Signal Peak Energy LLC
USA csr
Guanghui Energy Co. Ltd.
China csr
Inner Mongolia Energy Generation & Investment Group
CIIDG Erdos Hongjun Electric Power Co Ltd
China csr | cspp
JSC North Macedonian Power Plants (AD ELEM)
North Macedonia csr | cspp
Liaoning Hongyang Energy Resource Invest Co Ltd
China csr | cspp
Liuzhi Industrial and Mining (Group) Co. Ltd.
China csr
OAO Vorkutaugol
Russia csr
Prairie State Generating LLC
Prairie State Energy Campus LLC
USA csr | cspp
PT Toba Bara Sejahtra Tbk
PT Adimitra Baratama Nusantara (ABN) | PT Gorontalo Listrik Perdana (GLP) | PT Indomining | PT Minahasa Cahaya Lestari (MCL) | PT Paiton Energy | PT Trisensa Mineral Utama
Indonesia csr | cspp
Vale SA
Nacala Corridor Holding Netherlands B.V. | Vale Moçambique
Brazil
Western Fuels Association Inc
USA csr
Allete Inc.
BNI Coal Inc | BNI Energy | Minnesota Power
USA csr | cspp
Anglo Pacific Group PLC
Panorama Coal Corporation | Trefi Coal Corporation
United Kingdom
Coronado Coal LLC
Curragh Queensland Mining Pty Ltd | Wesfarmers Curragh Pty Ltd
USA csr
Elektroprivreda Republike Srpske (ERS)
Comsar Energy Republika Srpska | Rudnik I Termoelektrana Gacko | Rudnik Termoelektrana Ugljevik
Bosnia and Herzegovina csr | cspp
Henan Yulian Energy Group Co. Ltd.
Henan Yulian Coal Industry Group Co. Ltd. | Henan Zhongfu Industrial Co.Ltd.
China csr | cspp
KARAKAN INVEST
Russia csr
New World Resources plc
OKD
United Kingdom csr
Opus Global Nyrt
Mátra Energy Holding Zrt (Matra Energy Holding Zrt) | Mátrai Erőmű Zrt (Matrai Eromu Zrt)
Hungary cspp

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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.