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.
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.
|Company||Country of HQ||Shareholding (Mio $)||Bondholding (Mio $)||Total (Mio $) Sort ascending|
|Electricite de France (EDF Group)||France||0.66||25.91||26.57|
|Energie Versorgung Niederoesterreich (EVN)||Austria||14.90||0.47||15.37|
|EnBW Energie Baden-Württemberg||Germany||8.59||8.59|
|Anglo American||United Kingdom||0.87||6.87||7.74|
|Air Products & Chemicals||USA||0.90||1.42||2.32|
|Power Finance Corp||India||1.90||1.90|
|Perusahaan Listrik Negara (PLN)||Indonesia||1.26||1.26|
|Berkshire Hathaway Energy Company||USA||0.60||0.60|
|Bulgarian Energy Holding (BEH)||Bulgaria||0.59||0.59|
|Mitsui & Co||Japan||0.54||0.54|
|CLP Holdings||China (Hong Kong)||0.39||0.39|
|Polskie Górnictwo Naftowe i Gazownictwo (PGNiG)||Poland||0.29||0.29|
|Power Assets Holdings||China (Hong Kong)||0.23||0.23|
|Sany Heavy Equipment International Holdings||China||0.17||0.17|
|Vedanta Resources||United Kingdom||0.15||0.15|
|CITIC Ltd||China (Hong Kong)||0.05||0.05|
|GCM Resources (Global Coal Management)||United Kingdom||0.02||0.02|