| Coal Industry Sector: | Mining, Power, Services |
| Coal Share of Revenue: | 36% |
| Expansion Plans: | Yes |
Listed on the Global Coal Exit List 2022
121 results Total investment of current selection: $ 1,231 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 | TCW Group | Indonesia Asahan Aluminium (Persero) PT | TCW Group | investment | United States | Indonesia | North America | South-East Asia | $ 96 M | $ 96 M | $ 96 M | $ 96 M | ||||||||
| 2 | 1 | Prudential Financial (US) | Indonesia Asahan Aluminium (Persero) PT | Prudential Financial (US) | investment | United States | Indonesia | North America | South-East Asia | $ 88 M | $ 88 M | $ 88 M | $ 88 M | ||||||||
| 3 | 1 | BlackRock | Indonesia Asahan Aluminium (Persero) PT | BlackRock | investment | United States | Indonesia | North America | South-East Asia | $ 87 M | $ 87 M | $ 87 M | $ 87 M | ||||||||
| 4 | 1 | Capital Group | Indonesia Asahan Aluminium (Persero) PT | Capital Group | investment | United States | Indonesia | North America | South-East Asia | $ 83 M | $ 83 M | $ 83 M | $ 83 M | ||||||||
| 5 | 1 | American International Group (AIG) | Indonesia Asahan Aluminium (Persero) PT | American International Group (AIG) | investment | United States | Indonesia | North America | South-East Asia | $ 81 M | $ 81 M | $ 81 M | $ 81 M | ||||||||
| 6 | 1 | Vanguard | Indonesia Asahan Aluminium (Persero) PT | Vanguard | investment | United States | Indonesia | North America | South-East Asia | $ 62 M | $ 62 M | $ 62 M | $ 62 M | ||||||||
| 7 | 1 | Guggenheim Capital | Indonesia Asahan Aluminium (Persero) PT | Guggenheim Capital | investment | United States | Indonesia | North America | South-East Asia | $ 55 M | $ 55 M | $ 55 M | $ 55 M | ||||||||
| 8 | 1 | Goldman Sachs | Indonesia Asahan Aluminium (Persero) PT | Goldman Sachs | investment | United States | Indonesia | North America | South-East Asia | $ 41 M | $ 41 M | $ 41 M | $ 41 M | ||||||||
| 9 | 1 | MetLife | Indonesia Asahan Aluminium (Persero) PT | MetLife | investment | United States | Indonesia | North America | South-East Asia | $ 40 M | $ 40 M | $ 40 M | $ 40 M | ||||||||
| 10 | 1 | JPMorgan Chase | Indonesia Asahan Aluminium (Persero) PT | JPMorgan Chase | investment | United States | Indonesia | North America | South-East Asia | $ 39 M | $ 39 M | $ 39 M | $ 39 M | ||||||||
| 11 | 1 | Fidelity International | Indonesia Asahan Aluminium (Persero) PT | Fidelity International | investment | Bermuda | Indonesia | North America | South-East Asia | $ 38 M | $ 38 M | $ 38 M | $ 38 M | ||||||||
| 12 | 1 | Fidelity Investments | Indonesia Asahan Aluminium (Persero) PT | Fidelity Investments | investment | United States | Indonesia | North America | South-East Asia | $ 32 M | $ 32 M | $ 32 M | $ 32 M | ||||||||
| 13 | 1 | Franklin Resources | Indonesia Asahan Aluminium (Persero) PT | Franklin Resources | investment | United States | Indonesia | North America | South-East Asia | $ 29 M | $ 29 M | $ 29 M | $ 29 M | ||||||||
| 14 | 1 | Ameriprise Financial | Indonesia Asahan Aluminium (Persero) PT | Ameriprise Financial | investment | United States | Indonesia | North America | South-East Asia | $ 27 M | $ 27 M | $ 27 M | $ 27 M | ||||||||
| 15 | 1 | Pensioenfonds Metaal en Techniek (PMT) | Indonesia Asahan Aluminium (Persero) PT | Pensioenfonds Metaal en Techniek (PMT) | investment | Netherlands | Indonesia | Europe (EU) | South-East Asia | $ 25 M | $ 25 M | $ 25 M | $ 25 M | ||||||||
| 16 | 1 | Grantham Mayo Van Otterloo & Co | Indonesia Asahan Aluminium (Persero) PT | Grantham Mayo Van Otterloo & Co | investment | United States | Indonesia | North America | South-East Asia | $ 25 M | $ 25 M | $ 25 M | $ 25 M | ||||||||
| 17 | 1 | Ashmore Group | Indonesia Asahan Aluminium (Persero) PT | Ashmore Group | investment | United Kingdom | Indonesia | Europe (non EU) | South-East Asia | $ 24 M | $ 24 M | $ 24 M | $ 24 M | ||||||||
| 18 | 1 | Pensioenfonds van de Metalelektro (PME) | Indonesia Asahan Aluminium (Persero) PT | Pensioenfonds van de Metalelektro (PME) | investment | Netherlands | Indonesia | Europe (EU) | South-East Asia | $ 21 M | $ 21 M | $ 21 M | $ 21 M | ||||||||
| 19 | 1 | MassMutual Holdings | Indonesia Asahan Aluminium (Persero) PT | MassMutual Holdings | investment | United States | Indonesia | North America | South-East Asia | $ 20 M | $ 20 M | $ 20 M | $ 20 M | ||||||||
| 20 | 1 | Allianz | Indonesia Asahan Aluminium (Persero) PT | Allianz | investment | Germany | Indonesia | Europe (EU) | South-East Asia | $ 18 M | $ 18 M | $ 18 M | $ 18 M | ||||||||
| 21 | 1 | Invesco | Indonesia Asahan Aluminium (Persero) PT | Invesco | investment | United States | Indonesia | North America | South-East Asia | $ 16 M | $ 16 M | $ 16 M | $ 16 M | ||||||||
| 22 | 1 | Manulife Financial | Indonesia Asahan Aluminium (Persero) PT | Manulife Financial | investment | Canada | Indonesia | North America | South-East Asia | $ 15 M | $ 15 M | $ 15 M | $ 15 M | ||||||||
| 23 | 1 | UBS | Indonesia Asahan Aluminium (Persero) PT | UBS | investment | Switzerland | Indonesia | Europe (non EU) | South-East Asia | $ 14 M | $ 14 M | $ 14 M | $ 14 M | ||||||||
| 24 | 1 | Equitable Holdings | Indonesia Asahan Aluminium (Persero) PT | Equitable Holdings | investment | United States | Indonesia | North America | South-East Asia | $ 13 M | $ 13 M | $ 13 M | $ 13 M | ||||||||
| 25 | 1 | Pacific Century Group | Indonesia Asahan Aluminium (Persero) PT | Pacific Century Group | investment | China (Hong Kong) | Indonesia | East Asia | South-East Asia | $ 12 M | $ 12 M | $ 12 M | $ 12 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