Pile of coal

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Urgewald has been relentless in building rigorous and effective tools. The Global Coal Exit List makes coal divestment easy and more impactful.

Tom Kruse Program Director, Rockefeller Brothers Fund

The GCEL is amongst the most thorough coal databases we have seen so far. We have tested the list and believe it is a promising tool for investors who want to move their portfolios away from coal.

Sylvain Vanston Group Corporate Responsibility, AXA

Urgewald's data serve as an important and reliable source of information for the issuer rating in our Sustainability Research.

Marc Pfizenmaier Sustainability Analyst, GLS Bank (Germany)

Selected Articles

L'AGEFI, Nov 16, 2017
Les assureurs français restent investis dans le charbon (rapport)

Diario Digital RD, Nov 15, 2017
El carbón sigue extendiendo su contaminación por América Latina

Inter Press Service, Nov 15, 2017
Coal Pollution Continues to Spread in Latin America 

RSE Data News, Nov 14, 2017
Climat: les investisseurs français financent toujours le charbon

DW.com, Nov 13, 2017 
Is China an overrated climate champion?

Australian Associated Press, Nov 11, 2017
Coal companies revealed in investor list

Handelsblatt, Nov 10, 2017
Umweltschützer stellen Kohle-Konzerne an den Pranger

El Periódico de la Energía, Nov 10, 2017
La industria del carbón pretende construir 550.000 MW de nuevas centrales térmicas en todo el mundo

EFE:VERDE, Nov 10, 2017
La ONG Urgewald presenta en COP23 la lista de empresas de carbón del mundo

Mining Review Africa, Nov 10, 2017
German NGO database encourages divestment in the coal sector

Wirtschaftswoche, Nov 10, 2017
Die Mär vom Braunkohleausstieg

taz, Nov 9, 2017
Das Silberne Einhorn macht Kohle

Gazeta Wyborcza, Nov 9, 2017
Czarna lista inwestycji węglowych. Na niej 17 spółek z Polski. Ekolodzy namawiają banki i instytucje do finansowego bojkotu

La Prensa, Nov 9, 2017
ONG presenta listado mundial de empresas del carbón para pedir desinversiones

ZEIT, Nov 9, 2017
Der Schornstein raucht und raucht

AFP, July 5, 2017
China backs hundreds of global coal power projects: report

New York Times, July 1, 2017
As Beijing Joins Climate Fight, Chinese Companies Build Coal Plants

Huffington Post, June 30, 2017
The Dirty 120: Urgewald Exposes World’s Biggest Coal Plant Developers; Calls for Divestment

DeSmogBlog, June 28, 2017
These Companies Plan to Expand Coal Power Worldwide by 43 Percent

Quotes by Finance Experts, Scientists, Politicians & NGO Campaigners

“The GCEL is amongst the most thorough coal databases we have seen so far. We have tested the list and believe it is a promising tool for investors who want to move their portfolios away from coal.”

Sylvain Vanston, Head of ESG integration, AXA

 

“Urgewald has been relentless in building rigorous and effective tools. The Global Coal Exit List makes coal divestment easy and more impactful.”

Tom Kruse, Program Director, Rockefeller Brothers Fund

 

"The Global Coal Exist List database provides transparent and important information on the international coal market, and identifies which companies are active in the coal mining and coal power sectors. The financial market needs this important information on the profitability and the "coal share" of portfolios in order to meet the ever-growing necessity of global climate protection.”

Prof. Claudia Kemfert, Head of Energy, Economics Institute DIW Berlin


“This research is potentially worth millions of dollars to investors. The depth of analysis conducted by Heffa Schuecking and her team is superb.”

Tom Sanzillo, Director of Finance, IEEFA institute

 

“The Global Coal Exit List brings transparency to the haze surrounding the global coal industry and shows us that the industry is much bigger than often assumed. The Global Coal Exit List is a practical tool that not only enables divestment, but makes it effective. We can only hope that this brilliant invention will help us prevent run-away climate change.”

Ole von Uexküll, Executive Director, Right Livelihood Foundation

 

“Coal is the climate killer number one among fossil fuels. We therefore need to phase out coal-fired power generation as quickly as possible.”

Prof. Mojib Latif, Climate Scientist, Helmholtz Centre for Ocean Research Kiel (GEOMAR)

 

“Large parts of Africa are already being hit by climate change. The GCEL puts a spotlight on the companies investors need to ditch before it is too late.”

Trusha Reddy, WoMin, South Africa

 

“The Philippines and Southeast Asia have seen the worst devastation climate change has brought with it – Haiyan, Khanun and many other deadly storms. It is appalling that corporations such as Marubeni and KEPCO continue to push for coal expansion. The GCEL highlights these investments that are clearly incompatible with the aim of limiting global warming to 1.5°C and gives us a fighting chance to stop financiers from pouring more fuel on the fire.”

Gerry Arances, Convener of Southeast Asian Working Group on Climate and Energy

 

“It's astonishing that by 2017 there's anyone left in the world who wants to keep building coal-fired power plants--there really isn't a more destructive path they could be taking. It's a good thing, then, that there's now a list of precisely who's behind these plans, so we can all go to work."

Bill McKibben, Environmentalist and author, Founder of 350.org

 

“This list lays down a clear marker for companies. Those that remain wedded to coal will lose their attractiveness in equity and capital markets. On the other hand, companies like India's NTPC have an opportunity to drop their coal expansion plans and instead look to renewables. That will, in time, allow them to once again attract investment from the growing list of investors moving away from coal.”

Ashish Fernandes, Senior Climate and Coal Campaigner, Greenpeace India

 

“For GLS’ sustainability research, Urgewald’s data is an important and reliable information source for our issuer ratings.”

Marc Pfizenmaier, Sustainability Analyst, GLS Bank (Germany)

 

“Investments in renewables bring cheap and clean energy. This report is decisive for banks to avoid stranded investment and bankruptcy.”

Hans-Josef Fell, President of the Energy Watch Group

 

“The GCEL is an excellent tool for political work with an important goal: The phase out of fossil fuels, beginning with coal. The GCEL covers the entire coal supply chain from coal mines to customers. And what is especially important: The GCEL reveals who is planning to build new coal plants worldwide - even though we all know that coal needs to stay in the ground if we want our blue planet to remain livable.”

Barbara Unmüßig, Executive Director, Heinrich Böll Foundation

 

“Urgewald’s Global Coal Exit List is a very comprehensive database with the potential to be an important signpost for the divestment movement and for investors. The data Urgewald provides has never been available in such a complete form before now. It offers a thorough insight into the coal industry worldwide and helps us understand, who is behind this dirty industry. NGOs, political bodies and investors should take inspiration from the Global Coal Exit List as a detailed new instrument, to accelerate the exit from coal.”

Reinhard Bütikofer, Member of the European Parliament, The Green Party

 

“A recipe against climate killers: The Global Coal Exit List provides a meticulous overview of investments that will get your fingers burnt. Highly recommended reading. Thank you, Urgewald!”

Sven Giegold, Member of the European Parliament, The Green Party

 

"The Global Coal Exit List produced by Urgewald is an excellent tool for understanding asset stranding and energy transition risks. The tool provides one of the most comprehensive and in-depth databases for coal generation and expansion, offering investors one of the most detailed insights into coal exposure. ET Index Research has found the tool to go beyond what many other expensive databases offer and has increased the granularity of our analysis of transition risks on a portfolio level. GCEL is at current the most comprehensive coal database available to investors."

Pekka Piirainen, Investor Engagement Manager, ET Index Research

 

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