updated
75 results Total investment of current selection: $ 946 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Sectors | subsidiaries | Shares $M | Bonds $M | Total $M | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Shell plc | Munich Re | investment | Germany | United Kingdom | Europe (EU) | Europe (non EU) | Shell Finance Netherlands BV, Shell Finance Switzerland AG, Shell Treasury Centre East Pte Ltd, Shell Treasury Centre Ltd, Shell Treasury Luxembourg SARL, Shell International Finance BV | $ 32 M | $ 73 M | $ 105 M | ||||
| 2 | Siemens AG | Munich Re | investment | Germany | Germany | Europe (EU) | Europe (EU) | $ 77 M | $ 77 M | ||||||
| 3 | Sempra Energy | Munich Re | investment | Germany | United States | Europe (EU) | North America | Southern California Gas Co, Infraestructura Energetica Nova SAPI de CV, Port Arthur LNG Phase II LLC, ECA Liquefaction S de RL de CV, Energia Costa Azul S de RL de CV, Vista Pacifico LNG SAPI de CV | $ 50 M | $ 17 M | $ 66 M | ||||
| 4 | Chevron Corporation | Munich Re | investment | Germany | United States | Europe (EU) | North America | Texaco Capital Inc, Texaco Capital LLC, Tengizchevroil LLP | $ 61 M | $ 5 M | $ 66 M | ||||
| 5 | Dominion Energy Inc | Munich Re | investment | Germany | United States | Europe (EU) | North America | Virginia Electric and Power Co, Dominion Energy South Carolina Inc | $ 49 M | $ 49 M | |||||
| 6 | TotalEnergies SE | Munich Re | investment | Germany | France | Europe (EU) | Europe (EU) | Total Finance SAS, Total Treasury SAS, TotalEnergies Capital SA, TotalEnergies Capital Canada Ltd, TotalEnergies Capital International SA, East African Crude Oil Pipeline (EACOP) Ltd | $ 36 M | $ 3 M | $ 39 M | ||||
| 7 | Duke Energy Corporation | Munich Re | investment | Germany | United States | Europe (EU) | North America | Duke Capital Finance Trust I, Duke Capital Finance Trust II, Duke Energy Capital Trust II, Duke Energy Florida LLC, Duke Energy Florida Project Finance LLC, Duke Energy Indiana Inc, Duke Energy Kentucky Inc, Duke Energy Ohio Inc, Duke Energy Progress LLC, PROGRESS CAPITAL HOLDINGS INC, Progress Energy Inc, Duke Energy Carolinas LLC | $ 38 M | $ 38 M | |||||
| 8 | Exxon Mobil Corporation | Munich Re | investment | Germany | United States | Europe (EU) | North America | Imperial Oil Ltd | $ 36 M | $ 36 M | |||||
| 9 | BP plc | Munich Re | investment | Germany | United Kingdom | Europe (EU) | Europe (non EU) | Atlantic Richfield Co, BP Finance Australia Pty Ltd, BP Capital Markets PLC, BP Capital Markets America Inc, BP Capital Markets BV | $ 23 M | $ 13 M | $ 36 M | ||||
| 10 | Fortis Inc | Munich Re | investment | Germany | Canada | Europe (EU) | North America | UNS Energy Corp, Tucson Electric Power Co | $ 30 M | $ 30 M | |||||
| 11 | The Southern Company | Munich Re | investment | Germany | United States | Europe (EU) | North America | Alabama Power Capital Trust III, Alabama Power Capital Trust I, Alabama Power Capital Trust II, Alabama Power Co, Georgia Power Capital LP, Georgia Power Capital Trust, Georgia Power Capital Trust II, Georgia Power Capital Trust III, Georgia Power Capital Trust V, Georgia Power Capital Trust VI, Georgia Power Capital Trust VII, Georgia Power Co, Mississippi Power Capital Trust II, Mississippi Power Co, Southern Co Capital Funding Inc, Southern Co Capital Trust I, Southern Co Capital Trust II, Southern Co Capital Trust III, Southern Co Capital Trust IV, Southern Co Capital Trust V, Southern Co Capital Trust VI, Alabama Power Capital Trust V, Southern Co Gas Capital Corp | $ 29 M | $ 29 M | |||||
| 12 | NextEra Energy Inc | Munich Re | investment | Germany | United States | Europe (EU) | North America | NextEra Energy Capital Holdings Inc, Pipeline Funding Company LLC | $ 20 M | $ 20 M | |||||
| 13 | Repsol SA | Munich Re | investment | Germany | Spain | Europe (EU) | Europe (EU) | Repsol Europe Finance SARL, Repsol Netherlands Finance BV, Repsol International Finance BV | $ 17 M | $ 4 M | $ 20 M | ||||
| 14 | Emera Inc | Munich Re | investment | Germany | Canada | Europe (EU) | North America | EMERA US FINANCE LP, Nova Scotia Power Inc | $ 20 M | $ 20 M | |||||
| 15 | RWE AG | Munich Re | investment | Germany | Germany | Europe (EU) | Europe (EU) | RWE Power AG, RWE Supply & Trading GmbH | $ 19 M | $ 19 M | |||||
| 16 | Devon Energy Corporation | Munich Re | investment | Germany | United States | Europe (EU) | North America | $ 18 M | $ 18 M | ||||||
| 17 | Enbridge Inc | Munich Re | investment | Germany | Canada | Europe (EU) | North America | Enbridge Gas Inc, Alliance Pipeline LP, Rio Bravo Pipeline Company LLC, East Tennessee Natural Gas LLC, Westcoast Connector Gas Transmission Ltd | $ 16 M | $ 16 M | |||||
| 18 | E.ON SE | Munich Re | investment | Germany | Germany | Europe (EU) | Europe (EU) | $ 15 M | $ <1 M | $ 15 M | |||||
| 19 | Marathon Petroleum Corporation | Munich Re | investment | Germany | United States | Europe (EU) | North America | MPLX LP | $ 7 M | $ 8 M | $ 15 M | ||||
| 20 | Engie SA | Munich Re | investment | Germany | France | Europe (EU) | Europe (EU) | Engie Finance SA, GRTgaz SA, ENGIE Energia Chile SA | $ 14 M | $ 14 M | |||||
| 21 | OMV AG | Munich Re | investment | Germany | Austria | Europe (EU) | Europe (EU) | OMV Petrom SA | $ 9 M | $ 4 M | $ 13 M | ||||
| 22 | Petroleos Mexicanos (PEMEX) | Munich Re | investment | Germany | Mexico | Europe (EU) | Central America | Pemex Finance Ltd | $ 13 M | $ 13 M | |||||
| 23 | Enel SpA | Munich Re | investment | Germany | Italy | Europe (EU) | Europe (EU) | Endesa SA, Nuove Energie SRL, Enel Finance International NV, Enel Investment Holding BV, Endesa Financiación Filiales SA, Enel Finance America LLC | $ 6 M | $ 6 M | $ 12 M | ||||
| 24 | Electricite de France SA (EDF Group) | Munich Re | investment | Germany | France | Europe (EU) | Europe (EU) | $ 12 M | $ 12 M | ||||||
| 25 | Petroliam Nasional Bhd (Petronas) | Munich Re | investment | Germany | Malaysia | Europe (EU) | South-East Asia | PETRONAS Chemicals Group Bhd, Pengerang LNG (Two) Sdn Bhd, PETRONAS Capital Ltd | $ 11 M | $ 11 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!