updated
Zespol Elektrocieplowni Wroclawskich KOGENERACJA SA, PGE Elektrocieplownia Gorzow, PGE Elektrownia Opole SA, PGE Elektrownia Turow SA, PGE Energia Ciepła Oddział Wybrzeże, PGE Energia Ciepła SA, PGE Gornictwo i Energetyka Konwencjonalna SA, PGE Kopalnia Wegla Brunatnego Belchatow SA, PGE Kopalnia Węgla Brunatnego Turow SA, PGE Sweden AB, Zespół Elektrowni Dolna Odra SA, PGE Zespoł Elektrociepłowni Bydgoszcz SA, PGE Elektrownia Rybnik SA, PGE Elektrownia Bełchatów SA
| Coal Industry Sector: | Power, Mining, Services |
| Coal Share of Revenue: |
>60% |
Coal Expansion Plans:
|
No |
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
104 results Total investment of current selection: $ 413 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Sectors | subsidiaries | Shares $M | Bonds $M | Total $M | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | PGE Polska Grupa Energetyczna SA | PZU Group | investment | Poland | Poland | Europe (EU) | Europe (EU) | $ 30 M | $ 43 M | $ 73 M | |||||
| 2 | PGE Polska Grupa Energetyczna SA | Aviva | investment | United Kingdom | Poland | Europe (non EU) | Europe (EU) | $ 3 M | $ 52 M | $ 55 M | |||||
| 3 | PGE Polska Grupa Energetyczna SA | Vanguard | investment | United States | Poland | North America | Europe (EU) | $ 48 M | $ 48 M | ||||||
| 4 | PGE Polska Grupa Energetyczna SA | BlackRock | investment | United States | Poland | North America | Europe (EU) | $ 38 M | $ 38 M | ||||||
| 5 | PGE Polska Grupa Energetyczna SA | Allianz (incl. AGI, PIMCO, Allianz SE) | investment | Germany | Poland | Europe (EU) | Europe (EU) | $ 25 M | $ 25 M | ||||||
| 6 | PGE Polska Grupa Energetyczna SA | Goldman Sachs | investment | United States | Poland | North America | Europe (EU) | $ 14 M | $ 8 M | $ 22 M | |||||
| 7 | PGE Polska Grupa Energetyczna SA | Assicurazioni Generali | investment | Italy | Poland | Europe (EU) | Europe (EU) | $ 4 M | $ 13 M | $ 17 M | |||||
| 8 | PGE Polska Grupa Energetyczna SA | Dimensional Fund Advisors | investment | United States | Poland | North America | Europe (EU) | $ 16 M | $ 16 M | ||||||
| 9 | PGE Polska Grupa Energetyczna SA | PKO Bank Polski | investment | Poland | Poland | Europe (EU) | Europe (EU) | $ 7 M | $ 8 M | $ 15 M | |||||
| 10 | PGE Polska Grupa Energetyczna SA | NN Group | investment | Netherlands | Poland | Europe (EU) | Europe (EU) | $ 12 M | $ 12 M | ||||||
| 11 | PGE Polska Grupa Energetyczna SA | Geode Capital Holdings | investment | United States | Poland | North America | Europe (EU) | $ 7 M | $ 7 M | ||||||
| 12 | PGE Polska Grupa Energetyczna SA | Investors TFI | investment | Poland | Poland | Europe (EU) | Europe (EU) | $ 7 M | $ 7 M | ||||||
| 13 | PGE Polska Grupa Energetyczna SA | Charles Schwab | investment | United States | Poland | North America | Europe (EU) | $ 5 M | $ 5 M | ||||||
| 14 | PGE Polska Grupa Energetyczna SA | Towarzystwo Funduszy Inwestycyjnych | investment | Poland | Poland | Europe (EU) | Europe (EU) | $ 5 M | $ 5 M | ||||||
| 15 | PGE Polska Grupa Energetyczna SA | State Street | investment | United States | Poland | North America | Europe (EU) | $ 4 M | $ 4 M | ||||||
| 16 | PGE Polska Grupa Energetyczna SA | KK Investment Partners | investment | Czech Republic | Poland | Europe (EU) | Europe (EU) | $ 4 M | $ 4 M | ||||||
| 17 | PGE Polska Grupa Energetyczna SA | Research Affiliates | investment | United States | Poland | North America | Europe (EU) | $ 3 M | $ 3 M | ||||||
| 18 | PGE Polska Grupa Energetyczna SA | TIAA | investment | United States | Poland | North America | Europe (EU) | $ 3 M | $ 3 M | ||||||
| 19 | PGE Polska Grupa Energetyczna SA | Raiffeisen Banking Group | investment | Austria | Poland | Europe (EU) | Europe (EU) | $ 3 M | $ 3 M | ||||||
| 20 | PGE Polska Grupa Energetyczna SA | First Trust Advisors | investment | United States | Poland | North America | Europe (EU) | $ 3 M | $ 3 M | ||||||
| 21 | PGE Polska Grupa Energetyczna SA | Deutsche Bank (incl. DWS) | investment | Germany | Poland | Europe (EU) | Europe (EU) | $ 3 M | $ 3 M | ||||||
| 22 | PGE Polska Grupa Energetyczna SA | UBS | investment | Switzerland | Poland | Europe (non EU) | Europe (EU) | $ 3 M | $ 3 M | ||||||
| 23 | PGE Polska Grupa Energetyczna SA | Morgan Stanley | investment | United States | Poland | North America | Europe (EU) | $ 3 M | $ 3 M | ||||||
| 24 | PGE Polska Grupa Energetyczna SA | AQR Capital Management | investment | United States | Poland | North America | Europe (EU) | $ 3 M | $ 3 M | ||||||
| 25 | PGE Polska Grupa Energetyczna SA | Polunin Capital Partners | investment | United Kingdom | Poland | Europe (non EU) | Europe (EU) | $ 3 M | $ 3 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!