| Coal Industry Sector: | Power, Services, Mining |
| Coal Share of Revenue: | >52% |
| Expansion Plans: | Yes |
Listed on the Global Coal Exit List 2022
155 results Total investment of current selection: $ 1,959 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 | Prudential Financial (US) | Perusahaan Listrik Negara (Persero) PT | Prudential Financial (US) | investment | United States | Indonesia | North America | South-East Asia | $ 129 M | $ 129 M | $ 129 M | $ 129 M | ||||||||
| 2 | 1 | BlackRock | Perusahaan Listrik Negara (Persero) PT | BlackRock | investment | United States | Indonesia | North America | South-East Asia | $ 126 M | $ 126 M | $ 126 M | $ 126 M | ||||||||
| 3 | 1 | TIAA | Perusahaan Listrik Negara (Persero) PT | TIAA | investment | United States | Indonesia | North America | South-East Asia | $ 88 M | $ 88 M | $ 88 M | $ 88 M | ||||||||
| 4 | 1 | American International Group (AIG) | Perusahaan Listrik Negara (Persero) PT | American International Group (AIG) | investment | United States | Indonesia | North America | South-East Asia | $ 78 M | $ 78 M | $ 78 M | $ 78 M | ||||||||
| 5 | 1 | Allianz | Perusahaan Listrik Negara (Persero) PT | Allianz | investment | Germany | Indonesia | Europe (EU) | South-East Asia | $ 77 M | $ 77 M | $ 77 M | $ 77 M | ||||||||
| 6 | 1 | Voya Financial | Perusahaan Listrik Negara (Persero) PT | Voya Financial | investment | United States | Indonesia | North America | South-East Asia | $ 73 M | $ 73 M | $ 73 M | $ 73 M | ||||||||
| 7 | 1 | Franklin Resources | Perusahaan Listrik Negara (Persero) PT | Franklin Resources | investment | United States | Indonesia | North America | South-East Asia | $ 71 M | $ 71 M | $ 71 M | $ 71 M | ||||||||
| 8 | 1 | Manulife Financial | Perusahaan Listrik Negara (Persero) PT | Manulife Financial | investment | Canada | Indonesia | North America | South-East Asia | $ 68 M | $ 68 M | $ 68 M | $ 68 M | ||||||||
| 9 | 1 | Northwestern Mutual | Perusahaan Listrik Negara (Persero) PT | Northwestern Mutual | investment | United States | Indonesia | North America | South-East Asia | $ 60 M | $ 60 M | $ 60 M | $ 60 M | ||||||||
| 10 | 1 | Vanguard | Perusahaan Listrik Negara (Persero) PT | Vanguard | investment | United States | Indonesia | North America | South-East Asia | $ 58 M | $ 58 M | $ 58 M | $ 58 M | ||||||||
| 11 | 1 | Principal Financial Group | Perusahaan Listrik Negara (Persero) PT | Principal Financial Group | investment | United States | Indonesia | North America | South-East Asia | $ 52 M | $ 52 M | $ 52 M | $ 52 M | ||||||||
| 12 | 1 | Government Pension Investment Fund (GPIF) | Perusahaan Listrik Negara (Persero) PT | Government Pension Investment Fund (GPIF) | investment | Japan | Indonesia | East Asia | South-East Asia | $ 52 M | $ 52 M | $ 52 M | $ 52 M | ||||||||
| 13 | 1 | Macquarie Group | Perusahaan Listrik Negara (Persero) PT | Macquarie Group | investment | Australia | Indonesia | Oceania | South-East Asia | $ 48 M | $ 48 M | $ 48 M | $ 48 M | ||||||||
| 14 | 1 | JPMorgan Chase | Perusahaan Listrik Negara (Persero) PT | JPMorgan Chase | investment | United States | Indonesia | North America | South-East Asia | $ 45 M | $ 45 M | $ 45 M | $ 45 M | ||||||||
| 15 | 1 | Guggenheim Capital | Perusahaan Listrik Negara (Persero) PT | Guggenheim Capital | investment | United States | Indonesia | North America | South-East Asia | $ 44 M | $ 44 M | $ 44 M | $ 44 M | ||||||||
| 16 | 1 | Pensioenfonds Metaal en Techniek (PMT) | Perusahaan Listrik Negara (Persero) PT | Pensioenfonds Metaal en Techniek (PMT) | investment | Netherlands | Indonesia | Europe (EU) | South-East Asia | $ 38 M | $ 38 M | $ 38 M | $ 38 M | ||||||||
| 17 | 1 | Goldman Sachs | Perusahaan Listrik Negara (Persero) PT | Goldman Sachs | investment | United States | Indonesia | North America | South-East Asia | $ 37 M | $ 37 M | $ 37 M | $ 37 M | ||||||||
| 18 | 1 | Equitable Holdings | Perusahaan Listrik Negara (Persero) PT | Equitable Holdings | investment | United States | Indonesia | North America | South-East Asia | $ 36 M | $ 36 M | $ 36 M | $ 36 M | ||||||||
| 19 | 1 | TCW Group | Perusahaan Listrik Negara (Persero) PT | TCW Group | investment | United States | Indonesia | North America | South-East Asia | $ 36 M | $ 36 M | $ 36 M | $ 36 M | ||||||||
| 20 | 1 | Neuberger Berman | Perusahaan Listrik Negara (Persero) PT | Neuberger Berman | investment | United States | Indonesia | North America | South-East Asia | $ 34 M | $ 34 M | $ 34 M | $ 34 M | ||||||||
| 21 | 1 | UBS | Perusahaan Listrik Negara (Persero) PT | UBS | investment | Switzerland | Indonesia | Europe (non EU) | South-East Asia | $ 32 M | $ 32 M | $ 32 M | $ 32 M | ||||||||
| 22 | 1 | M&G | Perusahaan Listrik Negara (Persero) PT | M&G | investment | United Kingdom | Indonesia | Europe (non EU) | South-East Asia | $ 29 M | $ 29 M | $ 29 M | $ 29 M | ||||||||
| 23 | 1 | MassMutual Holdings | Perusahaan Listrik Negara (Persero) PT | MassMutual Holdings | investment | United States | Indonesia | North America | South-East Asia | $ 27 M | $ 27 M | $ 27 M | $ 27 M | ||||||||
| 24 | 1 | T. Rowe Price | Perusahaan Listrik Negara (Persero) PT | T. Rowe Price | investment | United States | Indonesia | North America | South-East Asia | $ 25 M | $ 25 M | $ 25 M | $ 25 M | ||||||||
| 25 | 1 | Pensioenfonds Rail & Openbaar Vervoer | Perusahaan Listrik Negara (Persero) PT | Pensioenfonds Rail & Openbaar Vervoer | investment | Netherlands | Indonesia | Europe (EU) | South-East Asia | $ 23 M | $ 23 M | $ 23 M | $ 23 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