| Coal Industry Sector: | Power |
| Coal Share of Revenue: | 10% |
| Expansion Plans: | No |
Listed on the Global Coal Exit List 2022
| Oil & Gas Production: in 2021 |
6 mmboe |
| Short-Term Expansion: (Next 1–7 Years) |
31 mmboe |
| Capital spent on Exploration: (3-Year-Average) |
$ 12 M |
Listed on the Global Oil & Gas Exit List 2022
174 results Total investment of current selection: $ 2,361 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 | NN Group | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | NN Group | investment | Netherlands | Poland | Europe (EU) | Europe (EU) | $ 504 M | $ 504 M | $ 504 M | $ 504 M | ||||||||
| 2 | 1 | 1 | Aviva | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Aviva | investment | United Kingdom | Poland | Europe (non EU) | Europe (EU) | $ 6 M | $ 6 M | $ 400 M | $ 400 M | $ 400 M | $ 6 M | $ 405 M | ||||
| 3 | 1 | 1 | BlackRock | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | BlackRock | investment | United States | Poland | North America | Europe (EU) | $ 2 M | $ 2 M | $ 283 M | $ 283 M | $ 283 M | $ 2 M | $ 285 M | ||||
| 4 | 1 | 1 | Vanguard | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Vanguard | investment | United States | Poland | North America | Europe (EU) | $ <1 M | $ <1 M | $ 255 M | $ 255 M | $ 255 M | $ <1 M | $ 255 M | ||||
| 5 | 1 | Government Pension Fund Global (GPFG) | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Government Pension Fund Global (GPFG) | investment | Norway | Poland | Europe (non EU) | Europe (EU) | $ 195 M | $ 195 M | $ 195 M | $ 195 M | ||||||||
| 6 | 1 | Dimensional Fund Advisors | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Dimensional Fund Advisors | investment | United States | Poland | North America | Europe (EU) | $ 77 M | $ 77 M | $ 77 M | $ 77 M | ||||||||
| 7 | 1 | 1 | Goldman Sachs | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Goldman Sachs | investment | United States | Poland | North America | Europe (EU) | $ <1 M | $ <1 M | $ 50 M | $ 50 M | $ 50 M | $ 50 M | |||||
| 8 | 1 | Geode Capital Holdings | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Geode Capital Holdings | investment | United States | Poland | North America | Europe (EU) | $ 43 M | $ 43 M | $ 43 M | $ 43 M | ||||||||
| 9 | 1 | Charles Schwab | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Charles Schwab | investment | United States | Poland | North America | Europe (EU) | $ 34 M | $ 34 M | $ 34 M | $ 34 M | ||||||||
| 10 | 1 | Government Pension Investment Fund (GPIF) | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Government Pension Investment Fund (GPIF) | investment | Japan | Poland | East Asia | Europe (EU) | $ 33 M | $ 33 M | $ 33 M | $ 33 M | ||||||||
| 11 | 1 | 1 | State Street | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | State Street | investment | United States | Poland | North America | Europe (EU) | $ <1 M | $ <1 M | $ <1 M | $ 22 M | $ 22 M | $ 22 M | $ <1 M | $ 22 M | |||
| 12 | 1 | 1 | Credit Suisse | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Credit Suisse | investment | Switzerland | Poland | Europe (non EU) | Europe (EU) | $ 6 M | $ 6 M | $ 17 M | $ 17 M | $ 17 M | $ 6 M | $ 22 M | ||||
| 13 | 1 | PZU Group | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | PZU Group | investment | Poland | Poland | Europe (EU) | Europe (EU) | $ 21 M | $ 21 M | $ 21 M | $ 21 M | ||||||||
| 14 | 1 | PKO Bank Polski | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | PKO Bank Polski | investment | Poland | Poland | Europe (EU) | Europe (EU) | $ 21 M | $ 21 M | $ 21 M | $ 21 M | ||||||||
| 15 | 1 | TIAA | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | TIAA | investment | United States | Poland | North America | Europe (EU) | $ 20 M | $ 20 M | $ 20 M | $ 20 M | ||||||||
| 16 | 1 | Assicurazioni Generali | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Assicurazioni Generali | investment | Italy | Poland | Europe (EU) | Europe (EU) | $ 17 M | $ 17 M | $ 17 M | $ 17 M | ||||||||
| 17 | 1 | 1 | Deutsche Bank | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Deutsche Bank | investment | Germany | Poland | Europe (EU) | Europe (EU) | $ <1 M | $ <1 M | $ 17 M | $ 17 M | $ 17 M | $ <1 M | $ 17 M | ||||
| 18 | 1 | 1 | Crédit Agricole | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Crédit Agricole | investment | France | Poland | Europe (EU) | Europe (EU) | $ <1 M | $ <1 M | $ 16 M | $ 16 M | $ 16 M | $ <1 M | $ 17 M | ||||
| 19 | 1 | California State Teachers' Retirement System (CalSTRS) | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | California State Teachers' Retirement System (CalSTRS) | investment | United States | Poland | North America | Europe (EU) | $ 14 M | $ 14 M | $ 14 M | $ 14 M | ||||||||
| 20 | 1 | Northern Trust | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Northern Trust | investment | United States | Poland | North America | Europe (EU) | $ 13 M | $ 13 M | $ 13 M | $ 13 M | ||||||||
| 21 | 1 | National Pension Service | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | National Pension Service | investment | South Korea | Poland | East Asia | Europe (EU) | $ 8 M | $ 3 M | $ 11 M | $ 8 M | $ 3 M | $ 11 M | ||||||
| 22 | 1 | Sjunde AP-fonden (AP-7) | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Sjunde AP-fonden (AP-7) | investment | Sweden | Poland | Europe (EU) | Europe (EU) | $ 10 M | $ 10 M | $ 10 M | $ 10 M | ||||||||
| 23 | 1 | Victory Capital | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Victory Capital | investment | United States | Poland | North America | Europe (EU) | $ 10 M | $ 10 M | $ 10 M | $ 10 M | ||||||||
| 24 | 1 | Polunin Capital Partners | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Polunin Capital Partners | investment | United Kingdom | Poland | Europe (non EU) | Europe (EU) | $ 10 M | $ 10 M | $ 10 M | $ 10 M | ||||||||
| 25 | 1 | Bank of New York Mellon | Polski Koncern Naftowy ORLEN SA (PKN ORLEN) | Bank of New York Mellon | investment | United States | Poland | North America | Europe (EU) | $ 9 M | $ 9 M | $ 9 M | $ 9 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