30 years ago, Urgewald was conceived in a flatshare's kitchen. A leopard logo quickly followed, a modern version of which is still our trademark. The fact we are still around after all this time is bittersweet. How wonderful a world would be that no longer needed us...
However, the environment and human rights are still in danger. You can judge the success of Urgewald's approach on the first five years of our Global Coal Exit List: More than 60 well-known international financial institutions have adopted or tightened policies to exclude coal plant developers. Over 70 financial institutions now have concrete end dates for coal financing and investments. Many insurers no longer provide services to coal companies and their projects.
Our second database, the Global Oil & Gas Exit List, is just one year old, but 125 financial institutions are already using it. Among them, we count the French insurer AXA as well as Ostrum, France's fourth-largest asset manager. What we have set in motion can no longer be stopped. Urgewald is more effective than ever and will still be sorely needed in the future.
