Financial Backers of Global Coal

We are revealing the investors and banks behind the companies on our Global Coal Exit List.

 

In January 2021, 4,488 institutional investors held investments totaling US$ 1.03 trillion in companies operating along the thermal coal value chain.

Between October 1st 2018 and October 31st 2020 our research identified 665 banks that provided loans totaling US$ 315 billion and underwriting activities worth over US$ 808 billion to GCEL companies.

For more information, see the full ranking of the financial institutions and our briefing “Revealing the Financiers of the Coal Industry”.

Below, you can look up these investors and banks and their coal investments, but you can also search for a coal company and look at the banks and investors behind it.

The investment figures presented are gathered at group level. Please, note that investments might have changed since the data was retrieved from the financial databases. Read the detailed Methodology for more information.

The GCEL 2020 finance research was published by Urgewald and partner NGOs and was conducted by Profundo. Further analysis on the listed financial institutions’ coal policies can be found in the Coal Policy Tool of Reclaim Finance.

Choose Investor

Barclays

United Kingdom
Company Country of HQ Shareholding (Mio $) Bondholding (Mio $) Total (Mio $) Sort ascending
CenterPoint Energy USA 83.42 83.42
NiSource USA 71.72 71.72
WEC Energy Group USA 66.62 66.62
Air Products & Chemicals USA 53.42 53.42
Vistra Corp USA 44.62 44.62
Southern Company USA 41.07 41.07
Ameren Corp USA 37.53 37.53
Duke Energy USA 32.82 32.82
XCEL Energy USA 31.25 31.25
PPL Corporation USA 28.78 28.78
NRG Energy USA 28.57 28.57
American Electric Power USA 26.49 26.49
DTE Energy USA 20.60 20.60
FirstEnergy USA 12.99 12.99
CMS Energy USA 12.51 12.51
Alliant Energy USA 11.17 11.17
Vale Brazil 8.41 8.41
IDACORP USA 8.00 8.00
AES Corp USA 5.67 5.67
Pinnacle West Capital USA 5.37 5.37
Guangdong Investment China 5.19 5.19
NorthWestern Corp USA 5.00 5.00
Fortis Canada 4.55 4.55
Black Hills USA 4.48 4.48
Taiwan Cement Taiwan 3.67 3.67
PNM Resources USA 3.24 3.24
Portland General Electric (PGE) USA 3.16 3.16
ALLETE USA 3.03 3.03
OGE Energy USA 2.76 2.76
Anglo American United Kingdom 2.09 2.09
Otter Tail USA 1.99 1.99
MGE Energy USA 1.52 1.52
Alliance Resource Partners USA 0.63 0.63
BHP Group Australia 0.58 0.58
Contura Energy USA 0.41 0.41
Glencore Switzerland 0.31 0.31
CONSOL Energy USA 0.24 0.24
Vedanta Resources United Kingdom 0.24 0.24
POSCO South Korea 0.16 0.16
Peabody Energy USA 0.11 0.11
Aluminum Corporation of China China 0.07 0.07
NACCO Industries USA 0.05 0.05
Mechel Russia 0.02 0.02
China Huaneng Group China 0.02 0.02
Sasol South Africa 0.01 0.01
Hallador Energy USA 0.01 0.01

TOTAL (in US$ million)

Shareholding: 674.53
Total: 674.53