Coal is among the largest sources of global warming pollution in the world. Obtaining it destroys mountains, burning it releases hazardous emissions, and disposing of it results in hazardous toxic waste. Coal is scorching the planet and leaving a legacy of devastation in its wake.
That’s why we partnered with Macroclimate® to screen mutual funds for the Macroclimate® 30 – an exclusion list of the 30 largest public-company owners of coal-fired power plants in Developed Markets plus China and India.
Macroclimate® compiled the list of 30 companies using open-source data on coal-fired power plants worldwide. These companies are emitting massive amounts of CO2 and fueling climate change - and given coal’s volatility and unsustainable business model, it is becoming an increasingly risky investment.