Financial services provider MSCI integrates Urgewald data

MSCI is a leading provider of ESG and climate data and analysis tools to the finance industry. We are therefore happy to announce that MSCI has recently decided to offer its clients coal developer data from Urgewald’s Global Coal Exit List. With the help of our data, clients of MSCI’s ESG platform can now choose to screen out companies that are still developing new coal assets such as coal power plants, mines and coal transportation infrastructure.

The UN Secretary general has time and again called for the cancellation of all new coal projects in the pipeline. Almost half of the companies on Urgewald’s Global Coal Exit List are, however, still developing new coal assets. “We are pleased to work with MSCI and hope that the increased visibility of our data will encourage more financial institutions to adopt a ban on coal expansion,” says Heffa Schücking, director of Urgewald.

Open pit coal mine

The Global Coal Exit List

The GCEL offers key statistics on over 1,000 parent companies and over 1,800 subsidiaries operating along the thermal coal value chain. Investors representing over US$ 16 trillion in assets are already applying one or more of the GCEL’s three divestment criteria to screen coal companies out of their portfolios.

Offshore oil platform

The Global Oil & Gas Exit List

The GOGEL is the most comprehensive publicly available database on the oil & gas industry. GOGEL 2022 covers 901 companies responsible for 95% of global oil & gas production. It is tailored to the needs of financial institutions looking to phase out fossil fuels.