| Coal Industry Sector: | Services |
| Coal Share of Revenue: | >20% |
| Expansion Plans: | No |
Listed on the Global Coal Exit List 2022
108 results Total investment of current selection: $ 1,833 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 | Edelweiss Financial Services | Indian Railways Privatization | Edelweiss Financial Services | investment | India | India | South Asia | South Asia | $ <1 M | $ 570 M | $ 570 M | $ <1 M | $ 570 M | $ 570 M | ||||||
| 2 | 1 | IDFC | Indian Railways Privatization | IDFC | investment | India | India | South Asia | South Asia | $ 161 M | $ 161 M | $ 161 M | $ 161 M | ||||||||
| 3 | 1 | L&T Finance Holdings | Indian Railways Privatization | L&T Finance Holdings | investment | India | India | South Asia | South Asia | $ 11 M | $ 115 M | $ 126 M | $ 11 M | $ 115 M | $ 126 M | ||||||
| 4 | 1 | State Bank of India | Indian Railways Privatization | State Bank of India | investment | India | India | South Asia | South Asia | $ <1 M | $ 114 M | $ 114 M | $ <1 M | $ 114 M | $ 114 M | ||||||
| 5 | 1 | HDFC Bank | Indian Railways Privatization | HDFC Bank | investment | India | India | South Asia | South Asia | $ 55 M | $ 58 M | $ 113 M | $ 55 M | $ 58 M | $ 113 M | ||||||
| 6 | 1 | ICICI Bank | Indian Railways Privatization | ICICI Bank | investment | India | India | South Asia | South Asia | $ <1 M | $ 93 M | $ 94 M | $ <1 M | $ 93 M | $ 94 M | ||||||
| 7 | 1 | DSP Group | Indian Railways Privatization | DSP Group | investment | India | India | South Asia | South Asia | $ 70 M | $ 70 M | $ 70 M | $ 70 M | ||||||||
| 8 | 1 | Pensioenfonds Zorg en Welzijn (PFZW) | Indian Railways Privatization | Pensioenfonds Zorg en Welzijn (PFZW) | investment | Netherlands | India | Europe (EU) | South Asia | $ 1 M | $ 53 M | $ 54 M | $ 1 M | $ 53 M | $ 54 M | ||||||
| 9 | 1 | Axis Bank | Indian Railways Privatization | Axis Bank | investment | India | India | South Asia | South Asia | $ 45 M | $ 45 M | $ 45 M | $ 45 M | ||||||||
| 10 | 1 | Nippon Life Insurance | Indian Railways Privatization | Nippon Life Insurance | investment | Japan | India | East Asia | South Asia | $ 4 M | $ 36 M | $ 39 M | $ 4 M | $ 36 M | $ 39 M | ||||||
| 11 | 1 | HSBC | Indian Railways Privatization | HSBC | investment | United Kingdom | India | Europe (non EU) | South Asia | $ 11 M | $ 28 M | $ 39 M | $ 11 M | $ 28 M | $ 39 M | ||||||
| 12 | 1 | Manulife Financial | Indian Railways Privatization | Manulife Financial | investment | Canada | India | North America | South Asia | $ 30 M | $ 30 M | $ 30 M | $ 30 M | ||||||||
| 13 | 1 | Allianz | Indian Railways Privatization | Allianz | investment | Germany | India | Europe (EU) | South Asia | $ 29 M | $ 29 M | $ 29 M | $ 29 M | ||||||||
| 14 | 1 | Vanguard | Indian Railways Privatization | Vanguard | investment | United States | India | North America | South Asia | $ 22 M | $ <1 M | $ 23 M | $ 22 M | $ <1 M | $ 23 M | ||||||
| 15 | 1 | Prudential Plc | Indian Railways Privatization | Prudential Plc | investment | United Kingdom | India | Europe (non EU) | South Asia | $ 20 M | $ 20 M | $ 20 M | $ 20 M | ||||||||
| 16 | 1 | UTI Asset Management Co Ltd | Indian Railways Privatization | UTI Asset Management Co Ltd | investment | India | India | South Asia | South Asia | $ <1 M | $ 18 M | $ 19 M | $ <1 M | $ 18 M | $ 19 M | ||||||
| 17 | 1 | Schroders | Indian Railways Privatization | Schroders | investment | United Kingdom | India | Europe (non EU) | South Asia | $ 18 M | $ 18 M | $ 18 M | $ 18 M | ||||||||
| 18 | 1 | Prudential Financial (US) | Indian Railways Privatization | Prudential Financial (US) | investment | United States | India | North America | South Asia | $ 17 M | $ 17 M | $ 17 M | $ 17 M | ||||||||
| 19 | 1 | Invesco | Indian Railways Privatization | Invesco | investment | United States | India | North America | South Asia | $ 14 M | $ 14 M | $ 14 M | $ 14 M | ||||||||
| 20 | 1 | UBS | Indian Railways Privatization | UBS | investment | Switzerland | India | Europe (non EU) | South Asia | $ 13 M | $ 13 M | $ 13 M | $ 13 M | ||||||||
| 21 | 1 | BlackRock | Indian Railways Privatization | BlackRock | investment | United States | India | North America | South Asia | $ <1 M | $ 11 M | $ 12 M | $ <1 M | $ 11 M | $ 12 M | ||||||
| 22 | 1 | Franklin Resources | Indian Railways Privatization | Franklin Resources | investment | United States | India | North America | South Asia | $ <1 M | $ 12 M | $ 12 M | $ <1 M | $ 12 M | $ 12 M | ||||||
| 23 | 1 | Tata Group | Indian Railways Privatization | Tata Group | investment | India | India | South Asia | South Asia | $ <1 M | $ 11 M | $ 11 M | $ <1 M | $ 11 M | $ 11 M | ||||||
| 24 | 1 | Pacific Mutual | Indian Railways Privatization | Pacific Mutual | investment | United States | India | North America | South Asia | $ 10 M | $ 10 M | $ 10 M | $ 10 M | ||||||||
| 25 | 1 | JPMorgan Chase | Indian Railways Privatization | JPMorgan Chase | investment | United States | India | North America | South Asia | $ 10 M | $ 10 M | $ 10 M | $ 10 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