200 and counting: Global financial institutions are exiting coal
04 May 2023
Over 200 globally significant
financial institutions have established coal exclusion policies, with
divestment momentum away from coal accelerating in the last two years despite
record profits being enjoyed by coal companies on the back of the energy crisis.
Europe leads the way with the highest number of
financial institutions divesting from coal (114) and with more stringent
exclusion policies compared to other regions.