The Global Coal Exit List (GCEL) database is developed by Urgewald in collaboration with several international environmental and finance groups. This tool provides a comprehensive database of companies involved in the coal industry, covering coal mining, power generation, infrastructure, and related services. It is designed to support investors, asset managers, banks, and other finance professionals aiming to avoid or divest from coal-related businesses.

The database enables users to access critical information about companies’ coal activities, including revenue dependencies on coal, expansion plans, and coal asset ownership. With detailed insights on over a thousand companies, the tool aids finance professionals in assessing the degree of a company’s involvement in coal, supporting portfolio decisions aligned with environmental and climate-focused investment strategies.

Using this database, finance professionals can easily identify firms that continue to engage in coal operations and gauge the risk of association with coal, enabling decisions that reduce exposure to high-carbon assets. The tool is also beneficial for those developing and implementing environmental, social, and governance (ESG) strategies or supporting corporate sustainability goals.

By facilitating coal-related data access, the database supports finance professionals in tracking and managing portfolio alignment with climate policies and in adhering to sustainable finance principles that prioritise reduced fossil fuel dependency.