| Coal Industry Sector: | Services, Power |
| Coal Share of Revenue: | No exact data available |
| Expansion Plans: | Yes |
Listed on the Global Coal Exit List 2022
201 results Total investment of current selection: $ 9,178 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 | Power Finance Corporation | Power Finance Corporation Ltd | Power Finance Corporation | investment | India | India | South Asia | South Asia | $ 1,598 M | $ 1,598 M | $ 1,598 M | $ 1,598 M | ||||||||
| 2 | 1 | Edelweiss Financial Services | Power Finance Corporation Ltd | Edelweiss Financial Services | investment | India | India | South Asia | South Asia | $ 8 M | $ 1,364 M | $ 1,372 M | $ 8 M | $ 1,364 M | $ 1,372 M | ||||||
| 3 | 1 | HDFC Bank | Power Finance Corporation Ltd | HDFC Bank | investment | India | India | South Asia | South Asia | $ 465 M | $ 709 M | $ 1,174 M | $ 465 M | $ 709 M | $ 1,174 M | ||||||
| 4 | 1 | IDFC | Power Finance Corporation Ltd | IDFC | investment | India | India | South Asia | South Asia | $ 8 M | $ 494 M | $ 502 M | $ 8 M | $ 494 M | $ 502 M | ||||||
| 5 | 1 | State Bank of India | Power Finance Corporation Ltd | State Bank of India | investment | India | India | South Asia | South Asia | $ 15 M | $ 342 M | $ 357 M | $ 15 M | $ 342 M | $ 357 M | ||||||
| 6 | 1 | Aditya Birla Capital | Power Finance Corporation Ltd | Aditya Birla Capital | investment | India | India | South Asia | South Asia | $ 10 M | $ 294 M | $ 304 M | $ 10 M | $ 294 M | $ 304 M | ||||||
| 7 | 1 | The WindAcre Partnership | Power Finance Corporation Ltd | The WindAcre Partnership | investment | United States | India | North America | South Asia | $ 297 M | $ 297 M | $ 297 M | $ 297 M | ||||||||
| 8 | 1 | Life Insurance Corporation of India | Power Finance Corporation Ltd | Life Insurance Corporation of India | investment | India | India | South Asia | South Asia | $ 233 M | $ 17 M | $ 250 M | $ 233 M | $ 17 M | $ 250 M | ||||||
| 9 | 1 | Kotak Mahindra Bank | Power Finance Corporation Ltd | Kotak Mahindra Bank | investment | India | India | South Asia | South Asia | $ 59 M | $ 174 M | $ 233 M | $ 59 M | $ 174 M | $ 233 M | ||||||
| 10 | 1 | Nippon Life Insurance | Power Finance Corporation Ltd | Nippon Life Insurance | investment | Japan | India | East Asia | South Asia | $ 86 M | $ 139 M | $ 225 M | $ 86 M | $ 139 M | $ 225 M | ||||||
| 11 | 1 | ICICI Bank | Power Finance Corporation Ltd | ICICI Bank | investment | India | India | South Asia | South Asia | $ 27 M | $ 168 M | $ 195 M | $ 27 M | $ 168 M | $ 195 M | ||||||
| 12 | 1 | DSP Group | Power Finance Corporation Ltd | DSP Group | investment | India | India | South Asia | South Asia | $ 25 M | $ 141 M | $ 166 M | $ 25 M | $ 141 M | $ 166 M | ||||||
| 13 | 1 | L&T Finance Holdings | Power Finance Corporation Ltd | L&T Finance Holdings | investment | India | India | South Asia | South Asia | $ 17 M | $ 145 M | $ 161 M | $ 17 M | $ 145 M | $ 161 M | ||||||
| 14 | 1 | UBS | Power Finance Corporation Ltd | UBS | investment | Switzerland | India | Europe (non EU) | South Asia | $ 111 M | $ 43 M | $ 154 M | $ 111 M | $ 43 M | $ 154 M | ||||||
| 15 | 1 | Axis Bank | Power Finance Corporation Ltd | Axis Bank | investment | India | India | South Asia | South Asia | $ <1 M | $ 148 M | $ 149 M | $ <1 M | $ 148 M | $ 149 M | ||||||
| 16 | 1 | Mirae Asset Financial Group | Power Finance Corporation Ltd | Mirae Asset Financial Group | investment | South Korea | India | East Asia | South Asia | $ 121 M | $ 12 M | $ 132 M | $ 121 M | $ 12 M | $ 132 M | ||||||
| 17 | 1 | Muzinich & Co | Power Finance Corporation Ltd | Muzinich & Co | investment | United States | India | North America | South Asia | $ 132 M | $ 132 M | $ 132 M | $ 132 M | ||||||||
| 18 | 1 | Vanguard | Power Finance Corporation Ltd | Vanguard | investment | United States | India | North America | South Asia | $ 117 M | $ 3 M | $ 120 M | $ 117 M | $ 3 M | $ 120 M | ||||||
| 19 | 1 | BlackRock | Power Finance Corporation Ltd | BlackRock | investment | United States | India | North America | South Asia | $ 45 M | $ 64 M | $ 109 M | $ 45 M | $ 64 M | $ 109 M | ||||||
| 20 | 1 | Capital Group | Power Finance Corporation Ltd | Capital Group | investment | United States | India | North America | South Asia | $ 96 M | $ 96 M | $ 96 M | $ 96 M | ||||||||
| 21 | 1 | Prudential Plc | Power Finance Corporation Ltd | Prudential Plc | investment | United Kingdom | India | Europe (non EU) | South Asia | $ 1 M | $ 90 M | $ 92 M | $ 1 M | $ 90 M | $ 92 M | ||||||
| 22 | 1 | Tata Group | Power Finance Corporation Ltd | Tata Group | investment | India | India | South Asia | South Asia | $ 16 M | $ 70 M | $ 85 M | $ 16 M | $ 70 M | $ 85 M | ||||||
| 23 | 1 | Dimensional Fund Advisors | Power Finance Corporation Ltd | Dimensional Fund Advisors | investment | United States | India | North America | South Asia | $ 71 M | $ 71 M | $ 71 M | $ 71 M | ||||||||
| 24 | 1 | UTI Asset Management Co Ltd | Power Finance Corporation Ltd | UTI Asset Management Co Ltd | investment | India | India | South Asia | South Asia | $ 3 M | $ 65 M | $ 68 M | $ 3 M | $ 65 M | $ 68 M | ||||||
| 25 | 1 | Franklin Resources | Power Finance Corporation Ltd | Franklin Resources | investment | United States | India | North America | South Asia | $ 1 M | $ 58 M | $ 59 M | $ 1 M | $ 58 M | $ 59 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