| Coal Industry Sector: | Power, Services |
| Coal Share of Revenue: | >30% |
| Expansion Plans: | Yes |
Listed on the Global Coal Exit List 2022
168 results Total investment of current selection: $ 10,194 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 | Khazanah Nasional | Tenaga Nasional Bhd | Khazanah Nasional | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 3,137 M | $ 3,137 M | $ 3,137 M | $ 3,137 M | ||||||||
| 2 | 1 | Permodalan Nasional Berhad | Tenaga Nasional Bhd | Permodalan Nasional Berhad | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 2,198 M | $ 2,198 M | $ 2,198 M | $ 2,198 M | ||||||||
| 3 | 1 | Employees Provident Fund | Tenaga Nasional Bhd | Employees Provident Fund | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 2,019 M | $ 2,019 M | $ 2,019 M | $ 2,019 M | ||||||||
| 4 | 1 | KWAP Retirement Fund | Tenaga Nasional Bhd | KWAP Retirement Fund | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 932 M | $ 932 M | $ 932 M | $ 932 M | ||||||||
| 5 | 1 | Public Bank | Tenaga Nasional Bhd | Public Bank | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 285 M | $ 285 M | $ 285 M | $ 285 M | ||||||||
| 6 | 1 | Vanguard | Tenaga Nasional Bhd | Vanguard | investment | United States | Malaysia | North America | South-East Asia | $ 272 M | $ 1 M | $ 273 M | $ 272 M | $ 1 M | $ 273 M | ||||||
| 7 | 1 | Prudential Plc | Tenaga Nasional Bhd | Prudential Plc | investment | United Kingdom | Malaysia | Europe (non EU) | South-East Asia | $ 160 M | $ 1 M | $ 161 M | $ 160 M | $ 1 M | $ 161 M | ||||||
| 8 | 1 | Oversea-Chinese Banking Corporation | Tenaga Nasional Bhd | Oversea-Chinese Banking Corporation | investment | Singapore | Malaysia | South-East Asia | South-East Asia | $ 143 M | $ <1 M | $ 144 M | $ 143 M | $ <1 M | $ 144 M | ||||||
| 9 | 1 | Malaysian Hajj Pilgrims Fund | Tenaga Nasional Bhd | Malaysian Hajj Pilgrims Fund | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 102 M | $ 102 M | $ 102 M | $ 102 M | ||||||||
| 10 | 1 | BlackRock | Tenaga Nasional Bhd | BlackRock | investment | United States | Malaysia | North America | South-East Asia | $ 78 M | $ 17 M | $ 95 M | $ 78 M | $ 17 M | $ 95 M | ||||||
| 11 | 1 | Pertubuhan Keselamatan Sosial | Tenaga Nasional Bhd | Pertubuhan Keselamatan Sosial | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 69 M | $ 69 M | $ 69 M | $ 69 M | ||||||||
| 12 | 1 | Geode Capital Holdings | Tenaga Nasional Bhd | Geode Capital Holdings | investment | United States | Malaysia | North America | South-East Asia | $ 67 M | $ 67 M | $ 67 M | $ 67 M | ||||||||
| 13 | 1 | Principal Financial Group | Tenaga Nasional Bhd | Principal Financial Group | investment | United States | Malaysia | North America | South-East Asia | $ 64 M | $ <1 M | $ 64 M | $ 64 M | $ <1 M | $ 64 M | ||||||
| 14 | 1 | California Public Employees' Retirement System (CalPERS) | Tenaga Nasional Bhd | California Public Employees' Retirement System (CalPERS) | investment | United States | Malaysia | North America | South-East Asia | $ 45 M | $ 45 M | $ 45 M | $ 45 M | ||||||||
| 15 | 1 | M&G | Tenaga Nasional Bhd | M&G | investment | United Kingdom | Malaysia | Europe (non EU) | South-East Asia | $ 41 M | $ 41 M | $ 41 M | $ 41 M | ||||||||
| 16 | 1 | Charles Schwab | Tenaga Nasional Bhd | Charles Schwab | investment | United States | Malaysia | North America | South-East Asia | $ 39 M | $ 39 M | $ 39 M | $ 39 M | ||||||||
| 17 | 1 | DoubleLine Capital | Tenaga Nasional Bhd | DoubleLine Capital | investment | United States | Malaysia | North America | South-East Asia | $ 34 M | $ 34 M | $ 34 M | $ 34 M | ||||||||
| 18 | 1 | Government Pension Investment Fund (GPIF) | Tenaga Nasional Bhd | Government Pension Investment Fund (GPIF) | investment | Japan | Malaysia | East Asia | South-East Asia | $ 31 M | $ 31 M | $ 31 M | $ 31 M | ||||||||
| 19 | 1 | TIAA | Tenaga Nasional Bhd | TIAA | investment | United States | Malaysia | North America | South-East Asia | $ 12 M | $ 14 M | $ 26 M | $ 12 M | $ 14 M | $ 26 M | ||||||
| 20 | 1 | State Street | Tenaga Nasional Bhd | State Street | investment | United States | Malaysia | North America | South-East Asia | $ 25 M | $ <1 M | $ 25 M | $ 25 M | $ <1 M | $ 25 M | ||||||
| 21 | 1 | Macquarie Group | Tenaga Nasional Bhd | Macquarie Group | investment | Australia | Malaysia | Oceania | South-East Asia | $ 25 M | $ 25 M | $ 25 M | $ 25 M | ||||||||
| 22 | 1 | New York Life Insurance | Tenaga Nasional Bhd | New York Life Insurance | investment | United States | Malaysia | North America | South-East Asia | $ 23 M | $ 23 M | $ 23 M | $ 23 M | ||||||||
| 23 | 1 | Victory Capital | Tenaga Nasional Bhd | Victory Capital | investment | United States | Malaysia | North America | South-East Asia | $ 23 M | $ 23 M | $ 23 M | $ 23 M | ||||||||
| 24 | 1 | JPMorgan Chase | Tenaga Nasional Bhd | JPMorgan Chase | investment | United States | Malaysia | North America | South-East Asia | $ 10 M | $ 12 M | $ 22 M | $ 10 M | $ 12 M | $ 22 M | ||||||
| 25 | 1 | Abrdn | Tenaga Nasional Bhd | Abrdn | investment | United Kingdom | Malaysia | Europe (non EU) | South-East Asia | $ 3 M | $ 14 M | $ 17 M | $ 3 M | $ 14 M | $ 17 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