updated
Global Luzon Energy Development Corporation, Atimonan One Energy Inc, San Buenaventura Power Ltd Co, Global Business Power Corp, Alsons Thermal Energy Corp, Cebu Energy Development Corp, Panay Energy Development Corp, Toledo Power Co, San Ramon Power Inc, Sarangani Energy Corp, MERALCO PowerGen Corp
| Coal Industry Sector: | Power, Services |
| Coal Share of Revenue: |
>29% |
Coal Expansion Plans:
|
Power |
Listed on the Global Coal Exit List 2023
| Oil and Gas Production in 2022: | No |
| Upstream Expansion:
The upstream expansion figure shows how much oil and gas resources a company is extremely likely to add to its production portfolio in the short term (approx. 1-7 years).
|
No |
| Midstream Expansion:
“Pipeline” means a company is developing ≥100km of oil or gas pipelines. “LNG” means a company is developing LNG terminals with ≥1Mt of annual gas liquefaction capacity.
|
No |
| Gas-fired Power Expansion:
“Yes” for all companies that are developing ≥100 MW of gas-fired power capacity.
|
Yes |
Listed on the Global Oil & Gas Exit List 2023
99 results Total investment of current selection: $ 3,051 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Sectors | subsidiaries | Shares $M | Bonds $M | Total $M | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Manila Electric Company (Meralco) | Metro Pacific Investments | investment | Philippines | Philippines | South-East Asia | South-East Asia | $ 2,839 M | $ 2,839 M | ||||||
| 2 | Manila Electric Company (Meralco) | Vanguard | investment | United States | Philippines | North America | South-East Asia | $ 56 M | $ 56 M | ||||||
| 3 | Manila Electric Company (Meralco) | BlackRock | investment | United States | Philippines | North America | South-East Asia | $ 55 M | $ 55 M | ||||||
| 4 | Manila Electric Company (Meralco) | Geode Capital Holdings | investment | United States | Philippines | North America | South-East Asia | $ 10 M | $ 10 M | ||||||
| 5 | Manila Electric Company (Meralco) | Government Pension Investment Fund (GPIF) | investment | Japan | Philippines | East Asia | South-East Asia | $ 10 M | $ 10 M | ||||||
| 6 | Manila Electric Company (Meralco) | Dimensional Fund Advisors | investment | United States | Philippines | North America | South-East Asia | $ 5 M | $ 5 M | ||||||
| 7 | Manila Electric Company (Meralco) | Affiliated Managers Group | investment | United States | Philippines | North America | South-East Asia | $ 5 M | $ 5 M | ||||||
| 8 | Manila Electric Company (Meralco) | TIAA | investment | United States | Philippines | North America | South-East Asia | $ 4 M | $ 4 M | ||||||
| 9 | Manila Electric Company (Meralco) | Sjunde AP-fonden (AP-7) | investment | Sweden | Philippines | Europe (EU) | South-East Asia | $ 4 M | $ 4 M | ||||||
| 10 | Manila Electric Company (Meralco) | Bank of New York Mellon | investment | United States | Philippines | North America | South-East Asia | $ 4 M | $ 4 M | ||||||
| 11 | Manila Electric Company (Meralco) | UBS | investment | Switzerland | Philippines | Europe (non EU) | South-East Asia | $ 4 M | $ 4 M | ||||||
| 12 | Manila Electric Company (Meralco) | Aviva | investment | United Kingdom | Philippines | Europe (non EU) | South-East Asia | $ 4 M | $ 4 M | ||||||
| 13 | Manila Electric Company (Meralco) | Northern Trust | investment | United States | Philippines | North America | South-East Asia | $ 3 M | $ 3 M | ||||||
| 14 | Manila Electric Company (Meralco) | California Public Employees' Retirement System (CalPERS) | investment | United States | Philippines | North America | South-East Asia | $ 3 M | $ 3 M | ||||||
| 15 | Manila Electric Company (Meralco) | Deutsche Bank (incl. DWS) | investment | Germany | Philippines | Europe (EU) | South-East Asia | $ 3 M | $ 3 M | ||||||
| 16 | Manila Electric Company (Meralco) | Saturna Capital | investment | United States | Philippines | North America | South-East Asia | $ 2 M | $ 2 M | ||||||
| 17 | Manila Electric Company (Meralco) | Ameriprise Financial | investment | United States | Philippines | North America | South-East Asia | $ 2 M | $ 2 M | ||||||
| 18 | Manila Electric Company (Meralco) | State Street | investment | United States | Philippines | North America | South-East Asia | $ 2 M | $ 2 M | ||||||
| 19 | Manila Electric Company (Meralco) | Charles Schwab | investment | United States | Philippines | North America | South-East Asia | $ 2 M | $ 2 M | ||||||
| 20 | Manila Electric Company (Meralco) | Legal & General Investment Management (LGIM) | investment | United Kingdom | Philippines | Europe (non EU) | South-East Asia | $ 2 M | $ 2 M | ||||||
| 21 | Manila Electric Company (Meralco) | National Pension Service | investment | South Korea | Philippines | East Asia | South-East Asia | $ 2 M | $ 2 M | ||||||
| 22 | Manila Electric Company (Meralco) | Pensioenfonds Zorg en Welzijn (PFZW) | investment | Netherlands | Philippines | Europe (EU) | South-East Asia | $ 2 M | $ 2 M | ||||||
| 23 | Manila Electric Company (Meralco) | Marsh & McLennan Companies | investment | United States | Philippines | North America | South-East Asia | $ 1 M | $ 1 M | ||||||
| 24 | Manila Electric Company (Meralco) | Prudential Plc | investment | United Kingdom | Philippines | Europe (non EU) | South-East Asia | $ 1 M | $ 1 M | ||||||
| 25 | Manila Electric Company (Meralco) | Pensioenfonds van de Metalektro (PME) | investment | Netherlands | Philippines | Europe (EU) | South-East Asia | $ 1 M | $ 1 M |
Remarks
Financial data is drawn from the commercial database Refinitiv (now known as LSEG Data & Analytics). For a selection of pension and sovereign wealth funds, data was collected from the fund disclosures and SEC filings in individual cases. The data was retrieved in May 2024, 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.
For more information read our detailed Methodology!