| Coal Industry Sector: | Power, Mining |
| Coal Share of Revenue: | >20% |
| Expansion Plans: | No |
Listed on the Global Coal Exit List 2022
343 results Total investment of current selection: $ 3,676 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Shares | Bonds | Total | Shares | Bonds | Total | Shares $M | Bonds $M | Total $M | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | BlackRock | ALLETE Inc | BlackRock | investment | United States | United States | North America | North America | $ 339 M | $ 339 M | $ 339 M | $ 339 M | ||||||||
| 2 | 1 | Vanguard | ALLETE Inc | Vanguard | investment | United States | United States | North America | North America | $ 307 M | $ 307 M | $ 307 M | $ 307 M | ||||||||
| 3 | 1 | Northwestern Mutual | ALLETE Inc | Northwestern Mutual | investment | United States | United States | North America | North America | $ 2 M | $ 223 M | $ 225 M | $ 2 M | $ 223 M | $ 225 M | ||||||
| 4 | 1 | Macquarie Group | ALLETE Inc | Macquarie Group | investment | Australia | United States | Oceania | North America | $ 59 M | $ 145 M | $ 204 M | $ 59 M | $ 145 M | $ 204 M | ||||||
| 5 | 1 | State Street | ALLETE Inc | State Street | investment | United States | United States | North America | North America | $ 127 M | $ 127 M | $ 127 M | $ 127 M | ||||||||
| 6 | 1 | State Farm | ALLETE Inc | State Farm | investment | United States | United States | North America | North America | $ 101 M | $ 101 M | $ 101 M | $ 101 M | ||||||||
| 7 | 1 | ATLAS Infrastructure Partners | ALLETE Inc | ATLAS Infrastructure Partners | investment | United Kingdom | United States | Europe (non EU) | North America | $ 97 M | $ 97 M | $ 97 M | $ 97 M | ||||||||
| 8 | 1 | Principal Financial Group | ALLETE Inc | Principal Financial Group | investment | United States | United States | North America | North America | $ 44 M | $ 42 M | $ 86 M | $ 44 M | $ 42 M | $ 86 M | ||||||
| 9 | 1 | Victory Capital | ALLETE Inc | Victory Capital | investment | United States | United States | North America | North America | $ 84 M | $ 84 M | $ 84 M | $ 84 M | ||||||||
| 10 | 1 | Power Corporation of Canada | ALLETE Inc | Power Corporation of Canada | investment | Canada | United States | North America | North America | $ 6 M | $ 67 M | $ 73 M | $ 6 M | $ 67 M | $ 73 M | ||||||
| 11 | 1 | Manulife Financial | ALLETE Inc | Manulife Financial | investment | Canada | United States | North America | North America | $ 3 M | $ 67 M | $ 70 M | $ 3 M | $ 67 M | $ 70 M | ||||||
| 12 | 1 | The Hartford | ALLETE Inc | The Hartford | investment | United States | United States | North America | North America | $ 67 M | $ 67 M | $ 67 M | $ 67 M | ||||||||
| 13 | 1 | Fidelity Investments | ALLETE Inc | Fidelity Investments | investment | United States | United States | North America | North America | $ 62 M | $ 62 M | $ 62 M | $ 62 M | ||||||||
| 14 | 1 | First Trust Advisors | ALLETE Inc | First Trust Advisors | investment | United States | United States | North America | North America | $ 61 M | $ 61 M | $ 61 M | $ 61 M | ||||||||
| 15 | 1 | Geode Capital Holdings | ALLETE Inc | Geode Capital Holdings | investment | United States | United States | North America | North America | $ 51 M | $ 51 M | $ 51 M | $ 51 M | ||||||||
| 16 | 1 | Bank of New York Mellon | ALLETE Inc | Bank of New York Mellon | investment | United States | United States | North America | North America | $ 51 M | $ 51 M | $ 51 M | $ 51 M | ||||||||
| 17 | 1 | Goldman Sachs | ALLETE Inc | Goldman Sachs | investment | United States | United States | North America | North America | $ 49 M | $ 49 M | $ 49 M | $ 49 M | ||||||||
| 18 | 1 | Dai-Ichi Life | ALLETE Inc | Dai-Ichi Life | investment | Japan | United States | East Asia | North America | $ 47 M | $ 47 M | $ 47 M | $ 47 M | ||||||||
| 19 | 1 | Invesco | ALLETE Inc | Invesco | investment | United States | United States | North America | North America | $ 46 M | $ 46 M | $ 46 M | $ 46 M | ||||||||
| 20 | 1 | DePrince Race & Zollo | ALLETE Inc | DePrince Race & Zollo | investment | United States | United States | North America | North America | $ 44 M | $ 44 M | $ 44 M | $ 44 M | ||||||||
| 21 | 1 | American Equity | ALLETE Inc | American Equity | investment | United States | United States | North America | North America | $ 44 M | $ 44 M | $ 44 M | $ 44 M | ||||||||
| 22 | 1 | OneAmerica Asset Management | ALLETE Inc | OneAmerica Asset Management | investment | United States | United States | North America | North America | $ 40 M | $ 40 M | $ 40 M | $ 40 M | ||||||||
| 23 | 1 | MassMutual Holdings | ALLETE Inc | MassMutual Holdings | investment | United States | United States | North America | North America | $ <1 M | $ 38 M | $ 38 M | $ <1 M | $ 38 M | $ 38 M | ||||||
| 24 | 1 | Nationwide Mutual Insurance | ALLETE Inc | Nationwide Mutual Insurance | investment | United States | United States | North America | North America | $ 38 M | $ 38 M | $ 38 M | $ 38 M | ||||||||
| 25 | 1 | Northern Trust | ALLETE Inc | Northern Trust | investment | United States | United States | North America | North America | $ 37 M | $ 37 M | $ 37 M | $ 37 M |
Remarks
Financial data is drawn from the commercial databases Refinitiv and EMAXX. For a selection of pension funds, data was collected from the pension funds' disclosure. The data was retrieved in January 2023, but filings can be older than that and might have changed since. This might especially be the case if an investor introduced a fossil fuel policy in the meantime. We acknowledge that shares and bonds of some Russian companies can't be traded on all markets anymore and were written off some investors’ portfolios.
This report is meant for information purposes only and not as a source of any specific investment recommendation. Nothing herein shall constitute or be construed as a recommendation, endorsement, or sponsorship of any company or fund. You should determine on your own whether you agree with the content of this information and data provided.
Since publications, various corrections to the data were made. The most recent update was made on 8 August 2023.
For any questions or requests for further information, please get in touch with us: financeresearch@urgewald.org