We organise a structured dialogue and set a clear objective of regularly monitoring progress. We engage in a dialogue either directly with the company or together with other investors – typically a mixture of the two. We often choose to vote at the company's annual general meeting. If the company shows no desire to change its conduct, or if it is unrealistic that this will happen, we will exclude the company from Nykredit's investments and review our decision within two years. The following companies have been excluded.
Company |
Reason |
| Chevron Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Exxon Mobil Corp | Fossil Expansion |
| Lockheed Martin Corp | Breach of International Norms |
| Lockheed Martin Corp/Saint Louis MO | Breach of International Norms |
| Occidental Petroleum Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| ConocoPhillips | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Swedish Match AB | Tobacco Production |
| CESC Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Genting Bhd | Fossil Expansion |
| Guangdong Investment Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Power Assets Holdings Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Malakoff Corp Bhd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| British American Tobacco Malaysia Bhd | Tobacco Production |
| San Miguel Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Dagang NeXchange Bhd | Fossil Expansion |
| AES Corp/The | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Alabama Power Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Hess Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| American Electric Power Co Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Apache Corp | Fossil Expansion |
| Appalachian Power Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Arizona Public Service Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Aryt Industries Ltd | Unconventional Weapons |
| Black Hills Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Mallon Oil Co Sucursal Costa Rica | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Vector Group Ltd | Tobacco Production |
| CMS Energy Corp | Fossil Expansion |
| Coterra Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Berkshire Hathaway Energy Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Progress Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| AEP Texas Inc | Fossil Expansion |
| Cleco Corporate Holdings LLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Comstock Resources Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Consumers Energy Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| CoreCivic Inc | Breach of International Norms |
| DTE Electric Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Devon Energy Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Consolidated Natural Gas Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Dominion Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Duke Energy Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Duke Capital Partners LLC/Houston | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| EOG Resources Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| EQT Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| First Bancorp/Southern Pines NC | Breach of Good Governance |
| GrandSouth Bancorporation | Breach of Good Governance |
| Freeport-McMoRan Inc | Breach of International Norms |
| General Dynamics Corp | Unconventional Weapons |
| Georgia Power Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Zuken Inc | Breach of Good Governance |
| Qatar Aluminum Manufacturing Co | Breach of Good Governance |
| Midwestern Oil & Gas Co Ltd | Fossil Expansion |
| Barrick Mining Corp | Breach of International Norms |
| Entergy Arkansas LLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Entergy Mississippi LLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Inner Mongolia Yitai Coal Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| MDU Resources Group Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Pioneer Natural Resources Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Al Moammar Information Systems Co | Breach of Good Governance |
| North Atlantic Trading Co Inc | Tobacco Production |
| ILX Holdings III LLC | Fossil Expansion |
| Taesung Co Ltd | Breach of Good Governance |
| Voronoi Inc | Breach of Good Governance |
| Hamakyorex Co Ltd | Breach of Good Governance |
| Indonesian Tobacco Tbk PT | Tobacco Production |
| Ataa Educational Co | Breach of Good Governance |
| Target Healthcare REIT PLC | Breach of Good Governance |
| BW Energy Ltd | Fossil Expansion |
| Longshore Resources Ltd | Fossil Expansion |
| Mader Group Ltd | Breach of Good Governance |
| Smoore International Holdings Ltd | Tobacco Production |
| North Silo Resources LLC | Fossil Expansion |
| Ithaca Energy PLC | Fossil Expansion |
| Heritage Petroleum Co Ltd | Breach of Good Governance |
| Urban One Inc | Breach of Good Governance |
| HighPeak Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Selcuk Ecza Deposu Ticaret ve Sanayi A.S. | Breach of Good Governance |
| GENDA INC | Breach of Good Governance |
| Petro-Hunt LLC | Fossil Expansion |
| Longfellow Energy LP | Fossil Expansion |
| L&T Finance Ltd | Unconventional Weapons |
| L&T Infra Credit Ltd | Unconventional Weapons |
| Nabha Power Ltd | Unconventional Weapons |
| Changzhou Xingyu Automotive Lighting Systems Co Ltd | Breach of Good Governance |
| Westshore Terminals Investment Corp | Breach of Good Governance |
| Saizeriya Co Ltd | Breach of Good Governance |
| Ingenic Semiconductor Co Ltd | Breach of Good Governance |
| Sino GeoPhysical Co Ltd | Fossil Expansion |
| INK-Capital JSC | Fossil Expansion |
| San Miguel Global Power Holdings Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Slawson Exploration Co Inc | Fossil Expansion |
| Foundation Energy Management LLC | Fossil Expansion |
| Pluspetrol Resources Corp SA | Fossil Expansion |
| Glencore PLC | Breach of International Norms and Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Shea Homes LP / Shea Homes Funding Corp | Breach of Good Governance |
| Hibiscus Petroleum Bhd | Fossil Expansion |
| Beijing Enlight Media Co Ltd | Breach of Good Governance |
| Riyadh Cement Co | Breach of Good Governance |
| Hoshine Silicon Industry Co Ltd | Breach of International Norms |
| Scientech Corp | Breach of Good Governance |
| Concedo AS | Fossil Expansion |
| Galp Energia SGPS SA | Fossil Expansion |
| Galp Energia | Fossil Expansion |
| RAK Ceramics PJSC/Private | Breach of Good Governance |
| Ras Al Khaimah Ceramics PJSC | Breach of Good Governance |
| SP PowerAssets Ltd | Breach of Good Governance |
| Evergy Metro Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| China Resources Power Holdings Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Japan Petroleum Exploration Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| SK Inc | Fossil Expansion |
| CNX Resources Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Gazprom Neft PJSC | Fossil Expansion and Sanctions |
| Reynolds American Inc | Tobacco Production |
| Huadian International Shiliquan Power Plant | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Huadian Power International Corp Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Alliance Resource Partners LP | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Imperial Brands Finance PLC | Tobacco Production |
| Jindal Steel Ltd | Fossil Expansion |
| KT&G Corp | Tobacco Production |
| Qatar International Islamic Bank QSC | Breach of Good Governance |
| Nebras Energy | Breach of Good Governance |
| FW Thorpe PLC | Breach of Good Governance |
| Udachny GOK | Fossil Expansion |
| Alrosa PJSC | Fossil Expansion |
| ORLEN SA | Fossil Expansion |
| Tullow Oil PLC | Fossil Expansion |
| Nova Scotia Power Finance Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Nova Scotia Power Inc Coupon Strip | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Nova Scotia Power Inc Principal Strip | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Nova Scotia Power Finance Corp Coupon Strip | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Nova Scotia Power Inc Package Bonds | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Nova Scotia Power Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Gazprombank JSC | Sanctions |
| 88 Energy Ltd | Fossil Expansion |
| Belluna Co Ltd | Breach of Good Governance |
| Transneft PJSC | Sanctions |
| Precise Biometrics AB | Breach of Good Governance |
| SNT Holdings Co Ltd | Unconventional Weapons |
| Energiekontor AG | Breach of Good Governance |
| PetroChina Co Ltd | Fossil Expansion |
| China National Petroleum Corp Xinjiang Oilfield Branch | Fossil Expansion |
| Tata Sons Pvt Ltd | Unconventional Weapons |
| Guanghui Energy Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Dubai Investments PJSC | Breach of Good Governance |
| Shanxi Coking Coal Energy Group Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Central Automotive Products Ltd | Breach of Good Governance |
| Rockhopper Exploration PLC | Fossil Expansion |
| Sinnar Bidi Udyog Ltd | Tobacco Production |
| Sakura Internet Inc | Breach of Good Governance |
| Abu Dhabi National Energy Co PJSC | Fossil Expansion |
| Ashton Woods USA LLC / Ashton Woods Finance Co | Breach of Good Governance |
| Var Energi ASA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| IFA Hotels & Resorts-KPSC | Breach of Good Governance |
| Japan Expressway Holding and Debt Repayment Agency | Breach of Good Governance |
| Japan Highway Public Corp | Breach of Good Governance |
| Tsuruha Holdings Inc | Breach of Good Governance |
| Scandinavian Tobacco Group A/S | Tobacco Production |
| Canvas Energy Inc | Fossil Expansion |
| China Boton Group Co Ltd | Tobacco Production |
| Yamaguchi Financial Group Inc | Breach of Good Governance |
| Chabiotech Co Ltd | Breach of Good Governance |
| SandRidge Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal, Fossil Expansion and Breach of Good Governance |
| Solar Industries India Ltd | Unconventional Weapons |
| Northern Oil & Gas Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| JBS S/A | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Airport City Ltd | Breach of Good Governance |
| Inpex Idemitsu Norge AS | Fossil Expansion |
| Aldrees Petroleum and Transport Services Co | Breach of Good Governance |
| Pantheon Resources PLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Saras SpA | Fossil Expansion |
| Geopark Ltd | Fossil Expansion |
| GMR Airports Ltd | Fossil Expansion |
| Transmissora Alianca de Energia Eletrica S/A | Breach of Good Governance |
| PGE Polska Grupa Energetyczna SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Saudi Paper Manufacturing Co | Breach of Good Governance |
| Guangzhou Development District Holding Group Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| LLOG Exploration Co LLC | Fossil Expansion |
| Duke Energy Carolinas LLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Unipro PAO | Fossil Expansion |
| Berezovskaya Gres Fl Unipro PAO | Fossil Expansion |
| OGK-2 PJSC | Fossil Expansion |
| Huafon Chemical Co Ltd | Breach of Good Governance |
| Geo-Jade Petroleum Corp | Fossil Expansion |
| Shanxi Lu an Environmental Energy Development Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| 22nd Century Group Inc | Tobacco Production |
| AGL Energy Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Emaar Economic City | Breach of Good Governance |
| Vital Energy Inc/ Canada | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Pingdingshan Tianan Coal Mining Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Meyer Burger Technology AG | Breach of Good Governance |
| Badeco Adria JSC Sarajevo | Tobacco Production |
| Sakai Moving Service Co Ltd | Breach of Good Governance |
| State Oil Co of the Azerbaijan Republic | Fossil Expansion |
| China Coal Energy Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Ai Holdings Corp | Breach of Good Governance |
| Ngan Son JSC | Tobacco Production |
| Keppel Infrastructure Trust | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| eGuarantee Inc | Breach of Good Governance |
| Dar Al Arkan Real Estate Development Co | Breach of Good Governance |
| Ring Energy Inc | Fossil Expansion |
| Castleton Commodities International LLC | Fossil Expansion |
| Domtar Corp | Breach of Good Governance |
| Imperial Oil Ltd | Fossil Expansion |
| KazMunayGas National Co JSC | Fossil Expansion |
| Inner Mongolia Dian Tou Energy Corp Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Arabian Internet & Communications Services Co | Breach of Good Governance |
| Coka Duvanska Industrija AD Coka | Tobacco Production |
| Pacific Energy Corp Ltd | Fossil Expansion |
| Tauron Polska Energia SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Isramco Negev 2 LP | Fossil Expansion |
| BWX Technologies Inc | Unconventional Weapons |
| China North Industries Group Corp Ltd | Unconventional Weapons and Fossil Expansion |
| Whitehaven Coal Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Shaanxi Yanchang Petroleum Group Co Ltd | Fossil Expansion |
| Coal India Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| NTPC Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| NLC India Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Pan Pacific International Holdings Corp | Breach of Good Governance |
| Rami Levy Chain Stores Hashikma Marketing 2006 Ltd | Breach of Good Governance |
| Jabal Omar Development Co | Breach of Good Governance |
| Shandong Xinchao Energy Corp Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| GCL Technology Holdings Ltd | Breach of International Norms |
| Freehold Royalties Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Cikarang Listrindo Tbk PT | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Elbit Systems Ltd | Breach of International Norms |
| Eneva SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Tutunski Kombinat AD | Tobacco Production |
| NRW Holdings Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Hainan Mining Co Ltd | Fossil Expansion |
| Doutor Nichires Holdings Co Ltd | Breach of Good Governance |
| MatsukiyoCocokara & Co | Breach of Good Governance |
| Aker BP ASA | Fossil Expansion |
| Emlak Konut Gayrimenkul Yatirim Ortakligi AS | Breach of Good Governance |
| ENEOS Xplora Inc | Fossil Expansion |
| Mobile Telecommunications Co Saudi Arabia | Breach of Good Governance |
| Reliance Power Ltd | Breach of Good Governance and Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Societe Ivoirienne des Tabacs SA | Tobacco Production |
| BAT International Finance PLC | Tobacco Production |
| Central Bank of Turkmenistan | Democracy and Human Rights |
| Tianshui Huatian Technology Co Ltd | Breach of Good Governance |
| Indo Tambangraya Megah Tbk PT | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Wintershall Dea GmbH | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Franco-Nevada Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Franco-Nevada/Canada | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| United Aircraft Corp PAO | Sanctions |
| BEML Ltd | Unconventional Weapons |
| EBN BV | Fossil Expansion |
| Adani Enterprises Ltd | Breach of Good Governance and Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Adani Green Technology Ltd | Breach of Good Governance and Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Gazprom PJSC | Fossil Expansion and Sanctions |
| Sberbank of Russia PJSC | Sanctions |
| Sberbank CIB JSC | Sanctions |
| Sberbank of Russia OJSC/India | Sanctions |
| Surgutneftegas PAO | Fossil Expansion and Sanctions |
| Han Kuk Carbon Co Ltd | Breach of Good Governance |
| Gulf Cables & Electrical Industries Group Co. KSCP | Breach of Good Governance |
| Kuwait Real Estate Co KSC | Breach of Good Governance |
| Baytex Energy Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Daiichikosho Co Ltd | Breach of Good Governance |
| Federal Home Loan Bank Discount Notes | Breach of Good Governance |
| Federal Home Loan Banks | Breach of Good Governance |
| Federal Home Loan Mortgage Corp | Breach of Good Governance |
| Federal Home Loan Bank Coupon Strips | Breach of Good Governance |
| Federal Home Loan Bank Principal Strips | Breach of Good Governance |
| NTC Industries Ltd | Tobacco Production |
| Eastern Co SAE | Breach of Good Governance and Tobacco Production |
| MOL Hungarian Oil & Gas PLC | Fossil Expansion |
| Inner Mongolia ERDOS Resources Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| CTO PCL | Tobacco Production |
| LUKOIL PJSC | Fossil Expansion and Sanctions |
| Karelia Tobacco Co Inc SA | Tobacco Production |
| DMCI Holdings Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Meren Energy Inc | Fossil Expansion |
| Union Investment Corp PLC | Tobacco Production |
| Union Tobacco & Cigarette Industries Co | Tobacco Production |
| SDIC Power Holdings Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Hikari Tsushin Inc | Breach of Good Governance |
| Alicorp SAA | Breach of Good Governance |
| Chubu Electric Power Co Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Chubu Electric Power Co Inc/London | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Chugoku Electric Power Co Inc/The | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Eo Technics Co Ltd | Breach of Good Governance |
| Itochu Enex Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| ABC-Mart Inc | Breach of Good Governance |
| Daiwa Ltd | Breach of Good Governance |
| Sinopec Guangzhou Petrochemical Co | Fossil Expansion |
| Sinopec Zhenhai Refining & Chemical Co | Fossil Expansion |
| China Petroleum & Chemical Corp | Fossil Expansion |
| Ezaki Glico Co Ltd | Breach of Good Governance |
| Ratch Group PCL | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Fuji Corp/Aichi | Breach of Good Governance |
| Fujitec Co Ltd | Breach of Good Governance |
| JSW Energy Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Gunma Bank Ltd/The | Breach of Good Governance |
| Gunma Bank Ltd/New York | Breach of Good Governance |
| Hachijuni Nagano Bank Ltd | Breach of Good Governance |
| Hachijuni Bank Ltd/Hong Kong | Breach of Good Governance |
| Hirose Electric Co Ltd | Breach of Good Governance |
| Hokkaido Electric Power Co Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Hokuriku Electric Power Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Hosiden Corp | Breach of Good Governance |
| Dow Chemical Co/The | Fossil Expansion |
| Sharjah Islamic Bank | Breach of Good Governance |
| Kansai Electric Power Co Inc/The | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Keyence Corp | Breach of Good Governance |
| Kiyo Bank Ltd/The | Breach of Good Governance |
| Kobe Steel Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Komeri Co Ltd | Breach of Good Governance |
| QazaqGaz NC JSC | Fossil Expansion |
| Kyushu Electric Power Co Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Max Co Ltd | Breach of Good Governance |
| Mitani Sekisan Co Ltd | Breach of Good Governance |
| Mitsubishi Corp | Fossil Expansion |
| CNOOC Ltd | Fossil Expansion |
| Birchcliff Energy Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal, Fossil Expansion and Breach of Good Governance |
| Nifco Inc/Japan | Breach of Good Governance |
| Posco International Corp | Fossil Expansion |
| Kura Sushi Inc | Breach of Good Governance |
| Saudi Chemical Co Holding | Breach of Good Governance |
| Orient Corp | Breach of Good Governance |
| Osaka Gas Co Ltd | Fossil Expansion |
| Royal Holdings Co Ltd | Breach of Good Governance |
| San-In Godo Bank Ltd/The | Breach of Good Governance |
| Shiga Bank Ltd/The | Breach of Good Governance |
| Shiga Bank Ltd/Hong Kong | Breach of Good Governance |
| Sanrio Co Ltd | Breach of Good Governance |
| Shikoku Electric Power Co Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Shimamura Co Ltd | Breach of Good Governance |
| Shinagawa Refra Co Ltd | Breach of Good Governance |
| Shochiku Co Ltd | Breach of Good Governance |
| Jerusalem Cigarette Co Ltd | Tobacco Production |
| Sumitomo Corp | Fossil Expansion |
| Mezzion Pharma Co Ltd | Breach of Good Governance |
| Inner Mongolia North Heavy Industries Group Corp Ltd | Unconventional Weapons |
| Kuang-Chi Technologies Co Ltd | Breach of Good Governance |
| Seojin System Co Ltd | Breach of Good Governance |
| Vital Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Shaanxi Coal Industry Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Northern Region Cement Co | Breach of Good Governance |
| People & Technology Inc | Breach of Good Governance |
| Anschutz Exploration Corp | Fossil Expansion |
| Amni International Petroleum Development Co Ltd | Fossil Expansion |
| Al Masane Al Kobra Mining Co | Breach of Good Governance |
| North Industries Group Investment Management Co Ltd | Unconventional Weapons |
| Caza Petroleum LLC | Fossil Expansion |
| TATA Advanced Systems Ltd | Unconventional Weapons |
| L&T Realty Properties Ltd | Unconventional Weapons |
| L&T Metro Rail Hyderabad Ltd | Unconventional Weapons |
| Jamjoom Pharmaceuticals Factory Co | Breach of Good Governance |
| Haisco Pharmaceutical Group Co Ltd | Breach of Good Governance |
| Impact Oil & Gas Ltd | Fossil Expansion |
| Amplify Energy Corp | Fossil Expansion |
| SEPLAT Energy PLC | Fossil Expansion |
| Al Hammadi Holding | Breach of Good Governance |
| BAT Netherlands Finance BV | Tobacco Production |
| Petro-Victory Energy Corp | Fossil Expansion |
| 1876 Resources LLC | Fossil Expansion |
| Talen Energy Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Nostrum Oil & Gas PLC | Fossil Expansion |
| Tribune Resources LLC | Fossil Expansion |
| California Resources Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| PharmaResearch Co Ltd | Breach of Good Governance |
| Restaurant Brands International Inc | Breach of Good Governance |
| JNTC Co Ltd | Breach of Good Governance |
| AAG Energy Holdings Ltd | Fossil Expansion |
| SanBio Co Ltd | Breach of Good Governance |
| MBB SE | Breach of Good Governance |
| Bayswater Exploration & Production LLC | Fossil Expansion |
| Healthier Choices Management Corp | Tobacco Production |
| Xinjiang Xintai Natural Gas Co Ltd | Fossil Expansion |
| Cardinal Energy Ltd | Fossil Expansion |
| Lifedrink Co Inc | Breach of Good Governance |
| JERA Co Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Adani Energy Solutions Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| LS Eco Energy Ltd | Breach of Good Governance |
| NuVista Energy Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Air Transport Services Group Inc | Breach of Good Governance |
| Zhejiang Longsheng Group Co Ltd | Breach of Good Governance |
| Seria Co Ltd | Breach of Good Governance |
| Korea East-West Power Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Shanxi Coal International Energy Group Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Shan Xi Hua Yang Group New Energy Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Industries Qatar QSC | Breach of Good Governance |
| Nippon Life Insurance Co | Breach of Good Governance |
| Nippon Life Insurance Co London Representative Office | Breach of Good Governance |
| Korea Gas Corp | Fossil Expansion |
| Hokuhoku Financial Group Inc | Breach of Good Governance |
| New Hope Corp Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Modern Mills Co | Breach of Good Governance |
| Hibernia Energy IV LLC | Fossil Expansion |
| We Buy Cars Holdings Ltd | Breach of Good Governance |
| Altria Group Inc | Tobacco Production |
| Uniti Group Inc | Breach of Good Governance |
| Rasan Information Technology Co | Breach of Good Governance |
| British American Tobacco PLC | Tobacco Production |
| CILCORP Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Ameren Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Landbridge Co LLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Al Majed for Oud Co | Breach of Good Governance |
| Melbana Energy Ltd | Fossil Expansion |
| Topaz Energy Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Wildfire Energy I LLC | Fossil Expansion |
| Yankuang Energy Group Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Capricorn Energy PLC | Fossil Expansion |
| InPlay Oil Corp | Fossil Expansion |
| Sam Chun Dang Pharm Co Ltd | Breach of Good Governance |
| Lotte Tour Development Co Ltd | Breach of Good Governance |
| Hanwha Corp | Unconventional Weapons |
| Nice One Beauty Digital Marketing Co | Breach of Good Governance |
| Infinity Natural Resources Inc | Fossil Expansion |
| Canacol Energy Ltd | Fossil Expansion |
| Blackhill Energy LLC | Fossil Expansion |
| Teine Energy Ltd | Fossil Expansion |
| Peyto Exploration & Development Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Zijin Gold International Co Ltd | Breach of International Norms |
| Dana Petroleum Ltd | Fossil Expansion |
| Whitecap Resources Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Washington H Soul Pattinson & Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Wintime Energy Group Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Viper Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Vermilion Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Tourmaline Oil Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Obara Group Inc | Breach of Good Governance |
| Peabody Energy Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Suncor Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Suncor Energy Inc Coupon Strip | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Diversified Energy Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Suncor Energy Inc Principal Strip | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Permian Resources Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Strategy Inc | Breach of International Norms |
| Cenovus Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Bulgartabac Holding AD | Tobacco Production |
| Exxon Mobil Corp | Fossil Expansion |
| ExxonMobil Holdings Corp | Fossil Expansion |
| Eesti Energia AS | Fossil Expansion |
| Megachips Corp | Breach of Good Governance |
| Continental Resources Inc/OK | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal, Fossil Expansion and Breach of Good Governance |
| Gotse Delchev Tabac AD-Gotse Delchev | Tobacco Production |
| Pazardjik Balgarski Targovski Menidjment AD | Tobacco Production |
| Shumen-Tabac AD-Shumen | Tobacco Production |
| Slantse Stara Zagora- BT AD | Tobacco Production |
| Saudi Ceramic Co | Breach of Good Governance |
| Saudi Pharmaceutical Industries & Medical Appliances Corp | Breach of Good Governance |
| National Gas & Industrialization Co | Breach of Good Governance |
| Saudi Advanced Industries Co | Breach of Good Governance |
| Qassim Cement Co/The | Breach of Good Governance |
| Southern Province Cement Co | Breach of Good Governance |
| Saudi Real Estate Co | Breach of Good Governance |
| Saudi Automotive Services Co | Breach of Good Governance |
| Arriyadh Development Co | Breach of Good Governance |
| Jardine Matheson Holdings Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Saudi Cement Co | Breach of Good Governance |
| IDOM Inc | Breach of Good Governance |
| Youngor Fashion Co Ltd | Breach of International Norms |
| Ovintiv Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Rush Street Interactive Inc | Breach of Good Governance |
| Rebellion Energy II LLC | Fossil Expansion |
| China Spacesat Co Ltd | Unconventional Weapons |
| Antelopus Energy Pvt Ltd | Fossil Expansion |
| Anycolor Inc | Breach of Good Governance |
| Black Swan Oil & Gas LLC | Fossil Expansion |
| Cover Corp | Breach of Good Governance |
| Fujian Huadian Furui Energy Development Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Jahez International Co | Breach of Good Governance |
| VTB Bank PJSC | Sanctions |
| Rockies Resources LLC | Fossil Expansion |
| Phoenix Energy One LLC | Fossil Expansion |
| STG Global Finance BV | Tobacco Production |
| Brava Energia | Fossil Expansion |
| SHIFT UP Corp | Breach of Good Governance |
| Fonix PLC | Breach of Good Governance |
| Pyxus Holdings Inc | Tobacco Production |
| Old Holdco Inc | Tobacco Production |
| Pyxus International Inc | Tobacco Production |
| China National Petroleum Corp | Fossil Expansion |
| Albioma SAS | Fossil Expansion |
| Energy Development Oman | Fossil Expansion |
| Texas Pacific Land Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| BKV Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Ikav Energy Inc | Fossil Expansion |
| RLX Technology Inc | Tobacco Production |
| Eskom Holdings | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Godfrey Phillips India Ltd | Tobacco Production |
| Golden Tobacco Ltd | Tobacco Production |
| Gudang Garam Tbk PT | Tobacco Production |
| Hanjaya Mandala Sampoerna Tbk PT | Tobacco Production |
| Hosken Consolidated Investments Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Delek Group Ltd | Fossil Expansion |
| Israel Electric Corp Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| ITC Ltd | Tobacco Production |
| Korea Electric Power Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| OCI Holdings Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Larsen & Toubro Ltd | Unconventional Weapons |
| LX INTERNATIONAL CORP | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| EXCO Resources Inc | Fossil Expansion |
| Okinawa Electric Power Co Inc/The | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| PALTAC Corp | Breach of Good Governance |
| Petroleo Brasileiro SA - Petrobras | Fossil Expansion |
| Poongsan Holdings Corp | Unconventional Weapons |
| Hanwha Aerospace Co Ltd | Unconventional Weapons |
| Semirara Mining & Power Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Shinnihon Corp | Breach of Good Governance |
| Siam City Cement PCL | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Senshu Electric Co Ltd | Breach of Good Governance |
| TCC Group Holdings Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Tata Power Co Ltd/The | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| SNT Dynamics Co Ltd | Unconventional Weapons |
| Turkiye Petrol Rafinerileri AS | Breach of Good Governance |
| Union Tool Co | Breach of Good Governance |
| United Tractors Tbk PT | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Walchandnagar Industries Ltd | Unconventional Weapons |
| Nagawa Co Ltd | Breach of Good Governance |
| Huabao International Holdings Ltd | Tobacco Production |
| Advantage Energy Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Ceylon Tobacco Co PLC | Tobacco Production |
| OKEA ASA | Fossil Expansion |
| Regional REIT Ltd | Breach of Good Governance |
| Yokohama Financial Group Inc | Breach of Good Governance |
| M Yochananof & Sons Ltd | Breach of Good Governance |
| Middle East Pharmaceutical Industries Co | Breach of Good Governance |
| Permian Resources Holdings Inc/DE | Fossil Expansion |
| Petrus Resources Ltd | Fossil Expansion |
| Wellesley Petroleum AS | Fossil Expansion |
| Perenco Petroleum Ltd | Fossil Expansion |
| JT International Financial Services BV | Tobacco Production |
| AlKhorayef Water & Power Technologies Co | Breach of Good Governance |
| KOMEDA Holdings Co Ltd | Breach of Good Governance |
| Rockchip Electronics Co Ltd | Breach of Good Governance |
| GAIL India Ltd | Fossil Expansion |
| Nishi-Nippon Financial Holdings Inc | Breach of Good Governance |
| Vistra Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| ABLBio Inc | Breach of Good Governance |
| Artis Exploration Ltd | Fossil Expansion |
| Silicon2 Co Ltd | Breach of Good Governance |
| Medley Inc | Breach of Good Governance |
| Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC | Breach of Good Governance |
| Sun Petrochemicals Pvt Ltd | Fossil Expansion |
| Ramaco Resources Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Kimbell Royalty Partners LP | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| OPC Energy Ltd | Fossil Expansion |
| Steward Energy II LLC | Fossil Expansion |
| Hamilton Lane Inc | Breach of Good Governance |
| Pandion Energy AS | Fossil Expansion |
| Magnolia Oil & Gas Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Gran Tierra Energy Inc | Fossil Expansion |
| Riley Exploration-Permian LLC | Fossil Expansion |
| International Petroleum Corp | Fossil Expansion |
| Frontera Energy Corp | Fossil Expansion |
| Burk Royalty Co Ltd | Fossil Expansion |
| TBEA Co Ltd | Breach of International Norms and Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| PRS REIT Plc/The | Breach of Good Governance |
| Energean PLC | Fossil Expansion |
| DJR Energy LLC | Fossil Expansion |
| Vista Energy SAB de CV | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Tamar Petroleum Ltd | Fossil Expansion |
| Chisholm Oil & Gas Operating LLC | Fossil Expansion |
| Str Sub Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Navitas Petroleum LP | Fossil Expansion |
| Snyder Brothers Inc | Fossil Expansion |
| Core Natural Resources Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| PennEnergy Resources LLC | Fossil Expansion |
| Summit Petroleum LLC | Fossil Expansion |
| Red Willow Production LLC | Fossil Expansion |
| Murchison Oil and Gas Inc | Fossil Expansion |
| Pan Capital Management LP | Fossil Expansion |
| San Isidro Development Co LC | Fossil Expansion |
| Ping Petroleum UK Plc | Fossil Expansion |
| UpCurve Energy LLC | Fossil Expansion |
| Travaux Generaux de Construction de Casablanca SA | Breach of Good Governance |
| Blackbeard Operating LLC | Fossil Expansion |
| Canadian Natural Resources Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Tundra Oil & Gas Ltd | Fossil Expansion |
| SOGC Inc | Fossil Expansion |
| Gulftex Energy IV LP | Fossil Expansion |
| Three Span Oil & Gas Inc | Fossil Expansion |
| Nishimatsuya Chain Co Ltd | Breach of Good Governance |
| STL Resources LLC | Fossil Expansion |
| Glencore Finance Europe Ltd | Breach of International Norms and Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Sage Natural Resources LLC | Fossil Expansion |
| Evergy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Yangarra Resources Ltd | Fossil Expansion |
| Lake Materials Co Ltd | Breach of Good Governance |
| Contourglobal Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Turk Altin Isletmeleri AS | Breach of Good Governance |
| VPR Brands LP | Tobacco Production |
| British American Tobacco Bangladesh Co Ltd | Tobacco Production |
| China Evergrande Group | Breach of International Norms |
| Alupar Investimento SA | Breach of Good Governance |
| Entergy Texas Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Finley Resources Inc | Fossil Expansion |
| OQ SAOC | Fossil Expansion |
| Ajman Bank PJSC | Breach of Good Governance |
| Bulgarian Energy Holding EAD | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Migdal Insurance & Financial Holdings Ltd | Breach of Good Governance |
| Aksa Enerji Uretim AS | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Emirate of Abu Dhabi United Arab Emirates | Democracy and Human Rights |
| Abu Dhabi Government International Bond | Democracy and Human Rights |
| Kinder Morgan Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Adani Power Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Deutsche Rohstoff AG | Fossil Expansion |
| Alamtri Resources Indonesia Tbk PT | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Adaro Andalan Indonesia PT | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Inter RAO UES PJSC | Fossil Expansion |
| Prairie Operating Co | Fossil Expansion |
| Hanwha Life Insurance Co Ltd | Breach of Good Governance |
| Motability Operations Group PLC | Breach of Good Governance |
| Poongsan Corp | Unconventional Weapons |
| Enduring Resources IV LLC | Fossil Expansion |
| NPO Almaz PAO | Sanctions |
| San Leon Energy PLC | Fossil Expansion |
| Finance Department Government of Sharjah | Democracy and Human Rights |
| Emirate of Sharjah Government International Bonds | Democracy and Human Rights |
| Guangdong Hongda Holdings Group Co Ltd | Unconventional Weapons |
| West Indian Tobacco Co Ltd/The | Tobacco Production |
| Hancock Prospecting Pty Ltd | Fossil Expansion |
| TAQA Morocco SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Star Petroleum Refining PCL | Breach of Good Governance |
| Aeropuerto Internacional de Tocumen SA | Breach of Good Governance |
| Athabasca Oil Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Al Meera Consumer Goods Co QSC | Breach of Good Governance |
| Create SD Holdings Co Ltd | Breach of Good Governance |
| Citation Oil & Gas Corp | Fossil Expansion |
| Merit Energy Co LLC | Fossil Expansion |
| Tama Home Co Ltd | Breach of Good Governance |
| Tajikistan Treasury Notes | Democracy and Human Rights |
| Republic of Tajikistan International Bond | Democracy and Human Rights |
| Republic of Tajikistan | Democracy and Human Rights |
| Emirate of Dubai Government International Bonds | Democracy and Human Rights |
| Koei Tecmo Holdings Co Ltd | Breach of Good Governance |
| Discovery Natural Resources LLC | Fossil Expansion |
| OGE Energy Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| CFG Bank | Breach of Good Governance |
| China Qinfa Group Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Knowledge Economic City Co | Breach of Good Governance |
| Impact Exploration and Production LLC | Fossil Expansion |
| Capital Power Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Al-Dawaa Medical Services Co | Breach of Good Governance |
| China ZhenHua Oil Co Ltd | Fossil Expansion |
| Shaanxi Coal & Chemical Industry Group Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Mouwasat Medical Services Co | Breach of Good Governance |
| 361 Degrees International Ltd | Breach of International Norms |
| RattanIndia Power Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Dian Swastatika Sentosa Tbk PT | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Eve Energy Co Ltd | Tobacco Production |
| Valor Estate Ltd | Breach of Good Governance |
| Uzbekneftegaz JSC | Fossil Expansion |
| Yancoal Australia Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| ENEOS Holdings Inc | Fossil Expansion |
| Fawry for Banking & Payment Technology Services SAE | Breach of Good Governance |
| China Longyuan Power Group Corp Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Mezzan Holding Co KSCC | Breach of Good Governance |
| Energa SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Hithink RoyalFlush Information Network Co Ltd | Breach of Good Governance |
| MidAmerican Energy Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Southwestern Electric Power Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Yantai Jereh Oilfield Services Group Co Ltd | Fossil Expansion |
| Beijing Haohua Energy Resource Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| HLB Therapeutics Co Ltd | Breach of Good Governance |
| Trinidad Generation UnLtd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Alliance Resource Operating Partners LP / Alliance Resource Finance Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Alliance Resource Operating Partners LP | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Carthage Cement | Breach of Good Governance |
| SGH Ltd | Fossil Expansion |
| Jiangsu Yoke Technology Co Ltd | Breach of Good Governance |
| Wuhan Guide Infrared Co Ltd | Breach of Good Governance |
| South Coast British Columbia Transportation Authority | Breach of Good Governance |
| Alaseel Co | Breach of Good Governance |
| Ballard Petroleum Holdings LLC | Fossil Expansion |
| Terracom Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Vnesheconombank Via VEB Finance PLC | Sanctions |
| VEB Finance PLC | Sanctions |
| OFILM Group Co Ltd | Breach of International Norms |
| A1 Group Inc | Tobacco Production |
| Tecpetrol Internacional SL | Fossil Expansion |
| PRIO SA/Brazil | Fossil Expansion |
| US Energy Development Corp | Fossil Expansion |
| Avibras Industria Aeroespacial SA | Unconventional Weapons |
| LTM Ltd | Unconventional Weapons |
| Crawley Petroleum Corp | Fossil Expansion |
| Texas American Resources LLC | Fossil Expansion |
| Central Bank of Myanmar | Democracy and Human Rights |
| OCP SA | Breach of International Norms |
| Matador Resources Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Zavanna LLC | Fossil Expansion |
| Twinza Oil Ltd | Fossil Expansion |
| Murex Petroleum Corp | Fossil Expansion |
| Mewbourne Oil Co | Fossil Expansion |
| Dow Inc | Fossil Expansion |
| Basin Electric Power Cooperative | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Rosselkhozbank JSC | Sanctions |
| Axos Financial Inc | Breach of Good Governance |
| Sinochem Group Co Ltd | Fossil Expansion |
| Kuwait Telecommunications Co | Breach of Good Governance |
| Oil India Ltd | Fossil Expansion |
| Pennsylvania General Energy Co LLC | Fossil Expansion |
| Pertamina Persero PT | Fossil Expansion |
| Saudi Research & Media Group | Breach of Good Governance |
| Kirde Varad AS | Fossil Expansion |
| Zarubezhneft OAO | Fossil Expansion |
| Veolia Inversiones Aguas del Gran Santiago Ltda | Breach of Good Governance |
| Bharat Dynamics Ltd | Unconventional Weapons |
| Chord Energy Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Ontario Power Generation Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| QatarEnergy | Fossil Expansion |
| China Satellite Communications Co Ltd | Unconventional Weapons |
| INA Industrija Nafte DD | Fossil Expansion |
| Roketsan Roket Sanayi Ve Ticaret AS | Unconventional Weapons |
| Turkiye Petrolleri AO | Fossil Expansion |
| Societatea Nationala de Gaze Naturale ROMGAZ SA | Fossil Expansion |
| Air Arabia PJSC | Breach of Good Governance |
| Emirates National Oil Co Ltd-LLC | Fossil Expansion |
| Jastrzebska Spolka Weglowa SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Imperial Brands PLC | Tobacco Production |
| Walter Oil & Gas Corp | Fossil Expansion |
| RussNeft PJSC | Fossil Expansion |
| Tri-State 2003-Series B Pass Through Trust | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Tri-State Generation and Transmission Association Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Enea SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Shandong Energy Group Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Ship Healthcare Holdings Inc | Breach of Good Governance |
| China Aerospace Science & Technology Corp | Unconventional Weapons |
| Jaiprakash Power Ventures Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Kohnan Shoji Co Ltd | Breach of Good Governance |
| TransMontaigne Partners LLC | Breach of Good Governance |
| MEG Energy Corp | Fossil Expansion |
| GemVax & Kael Co Ltd | Breach of Good Governance |
| China Shenhua Energy Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Kiwetinohk Energy Corp | Fossil Expansion |
| HWN Energy Ltd | Fossil Expansion |
| Yangzijiang Financial Holding Ltd | Breach of Good Governance |
| Azule Energy Holdings Ltd | Fossil Expansion |
| Greenlake Energy Holdings LLC | Fossil Expansion |
| Granite Ridge Resources Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Shizuoka Financial Group Inc | Breach of Good Governance |
| Coelacanth Energy Inc | Fossil Expansion |
| Archer Exploration Corp/AB | Fossil Expansion |
| VTX Energy Partners LLC | Fossil Expansion |
| Asberry 22 Holdings Inc | Tobacco Production |
| Van Buren Energy LLC | Fossil Expansion |
| Japan Lifeline Co Ltd | Breach of Good Governance |
| Conrad Asia Energy Ltd | Fossil Expansion |
| Saudi Manpower Solutions Co | Breach of Good Governance |
| Vitesse Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Bison Oil & Gas IV LLC | Fossil Expansion |
| TXO Partners LP | Fossil Expansion |
| AlSaif Stores For Development & Investment Co | Breach of Good Governance |
| Kistos Holdings PLC | Fossil Expansion |
| Hannathon Petroleum II LLC | Fossil Expansion |
| Petrindo Jaya Kreasi Tbk PT | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Burke & Herbert Financial Services Corp | Breach of Good Governance |
| Nippon Kanzai Holdings Co Ltd | Breach of Good Governance |
| Circle-S Energy LLC | Fossil Expansion |
| Rorze Corp | Breach of Good Governance |
| Firebird Energy II LLC | Fossil Expansion |
| SAL Saudi Logistics Services | Breach of Good Governance |
| Assemblin Caverion Group AB | Breach of Good Governance |
| Net Power Inc | Breach of Good Governance |
| Gujarat Mineral Development Corp Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Mach Natural Resources LP | Fossil Expansion |
| Northwestern Energy Group Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| ARC Resources Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| United International Holding Co | Breach of Good Governance |
| TransAlta Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Transalta Corp Coupon Strip | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| TransAlta Corp Principal Strip | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Strathcona Resources Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Attica Exploration AS | Fossil Expansion |
| Pursuit Oil & Gas LLC | Fossil Expansion |
| Camino Natural Resources LLC | Fossil Expansion |
| Bedrock Energy Partners LLC | Fossil Expansion |
| Elevation Resources LLC | Fossil Expansion |
| Derby Exploration LLC | Fossil Expansion |
| Adani Transmission Rajasthan Ltd | Fossil Expansion |
| Biglari Holdings Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Al Rajhi REIT | Breach of Good Governance |
| Talos Energy Inc | Fossil Expansion |
| Tap Rock Resources LLC | Fossil Expansion |
| MSU Energy SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| HLB Co Ltd | Breach of Good Governance |
| PSK Holdings Inc | Breach of Good Governance |
| Revolution Resources LLC | Fossil Expansion |
| Jadwa REIT Saudi Fund | Breach of Good Governance |
| Supreme PLC | Tobacco Production |
| Triple Crown Resources LLC | Fossil Expansion |
| Beacon Offshore Energy Development LLC | Fossil Expansion |
| Legacy Reserves Inc | Fossil Expansion |
| Paramount Resources Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Verdun Oil Co II LLC | Fossil Expansion |
| APR Operating LLC | Fossil Expansion |
| Livewest Homes Ltd | Breach of Good Governance |
| Source Energy AS | Fossil Expansion |
| Rainbow Robotics | Breach of Good Governance |
| Daishi Hokuetsu Financial Group Inc | Breach of Good Governance |
| Koda Resources LLC | Fossil Expansion |
| National Co for Learning & Education | Breach of Good Governance |
| Point Energy Partners Operating LLC | Fossil Expansion |
| APR Corp/Korea | Breach of Good Governance |
| Kosmos Energy Ltd | Fossil Expansion |
| Coronado Global Resources Inc | Fossil Expansion |
| Hallador Energy Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| CenterPoint Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Grupo Carso SAB de CV | Fossil Expansion |
| IDACORP Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Indiana Michigan Power Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Interstate Power and Light Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| IPALCO Enterprises Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Evergy Kansas Central Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Kentucky Utilities Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Leon s Furniture Ltd | Breach of Good Governance |
| Range Resources Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| MGE Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Magic Software Enterprises Ltd | Breach of Good Governance |
| Monongahela Power Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Murphy Oil Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| National Fuel Gas Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| National Presto Industries Inc | Unconventional Weapons |
| Nordstrom Inc | Breach of Good Governance |
| Xcel Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Oklahoma Gas and Electric Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Otter Tail Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| PacifiCorp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Serica Energy PLC | Fossil Expansion |
| Harbour Energy PLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Harbour Energy Finance 2 PLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| PrimeEnergy Resources Corp | Fossil Expansion |
| Public Service Co of Colorado | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Bonterra Energy Corp | Fossil Expansion |
| Zhongxing Tianheng Energy Technology Beijing Co Ltd | Fossil Expansion |
| Dominion Energy South Carolina Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Southern Co/The | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Southwestern Public Service Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Union Electric Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| RTX Corp | Breach of International Norms |
| Universal Corp/VA | Tobacco Production |
| Universal Health Services Inc | Breach of International Norms |
| VAALCO Energy Inc | Breach of International Norms |
| Virginia Electric and Power Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Alliant Energy Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Avista Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Williams Cos Inc/The | Fossil Expansion |
| Wisconsin Electric Power Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| WEC Energy Group Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Wisconsin Public Service Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Furnas-Centrais Eletricas SA | Fossil Expansion |
| Axia Energia SA | Fossil Expansion |
| Aksa Akrilik Kimya Sanayii AS | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| African Rainbow Minerals Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Astra International Tbk PT | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Ayala Corp | Fossil Expansion |
| Banpu PCL /Old | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal, Fossil Expansion and Breach of Good Governance |
| Beach Energy Ltd | Fossil Expansion |
| Suruga Bank Ltd | Breach of Good Governance |
| Taihei Dengyo Kaisha Ltd | Breach of Good Governance |
| Talen Energy Supply LLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Tohoku Electric Power Co Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Mostotrest PJSC | Sanctions |
| Shizuoka Gas Co Ltd | Breach of Good Governance |
| Tokyo Electric Power Co Holdings Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Tokyo Gas Co Ltd | Fossil Expansion |
| Exxaro Resources Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Tokyo Steel Manufacturing Co Ltd | Breach of Good Governance |
| Topre Corp | Breach of Good Governance |
| Charlie s Holdings Inc | Tobacco Production |
| Juventus Football Club SpA | Breach of Good Governance |
| Sun Corp | Breach of Good Governance |
| EDION Corp | Breach of Good Governance |
| China National Offshore Oil Corp | Fossil Expansion |
| Amplitude Energy Ltd | Fossil Expansion |
| Bashneft PJSC | Fossil Expansion |
| Arata Corp | Breach of Good Governance |
| Korea Midland Power Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Nikotiana BT Holding AD Sofia | Tobacco Production |
| Sila Holding AD | Tobacco Production |
| Tamarack Valley Energy Ltd | Fossil Expansion |
| Imperatorskiy Tulskiy Oruzheniyy Zavod PAO | Sanctions |
| Aeon Mall Co Ltd | Breach of Good Governance |
| United Arab Emirates | Democracy and Human Rights |
| UAE International Government Bond | Democracy and Human Rights |
| UAE Government Bond | Democracy and Human Rights |
| UAE Retail Treasury Sukuk | Democracy and Human Rights |
| Duke Energy Progress LLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| China Energy Investment Corp Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Jubilee Metals Group PLC | Breach of Good Governance |
| Halows Co Ltd | Breach of Good Governance |
| Press Corp Plc | Tobacco Production |
| Eastern Province Cement Co | Breach of Good Governance |
| Coterra Energy Operating Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Northern States Power Co/MN | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Wee-Cig International Corp | Tobacco Production |
| Martin Midstream Partners LP | Breach of Good Governance |
| Martin Midstream Partners LP / Martin Midstream Finance Corp | Breach of Good Governance |
| Bukit Asam Persero Tbk PT | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| CIMIC Group Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Sojitz Corp | Fossil Expansion |
| Santos Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Senex Energy Pty Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Woodside Energy Group Ltd | Fossil Expansion |
| DNO ASA | Fossil Expansion |
| Sasol Ltd | Fossil Expansion |
| Logan Energy Corp/CA | Fossil Expansion |
| Alamar Foods | Breach of Good Governance |
| China National Nuclear Power Co Ltd | Fossil Expansion |
| North Lingyun Industrial Group Co Ltd | Unconventional Weapons |
| Ozon Holdings PLC | Sanctions |
| Anhui Great Wall Military Industry Co Ltd | Unconventional Weapons |
| INEOS Group Holdings SA | Breach of Good Governance |
| Diamondback Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Dilip Buildcon Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Kunlun Tech Co Ltd | Breach of Good Governance |
| Kinetic Development Group Ltd | Tobacco Production and Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Saka Energi Indonesia PT | Fossil Expansion |
| Antero Resources Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Anhui Yingjiagongjiu Co Ltd | Breach of Good Governance |
| Energia Group Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Petrolia Norway AS | Fossil Expansion |
| Chaozhou Three-Circle Group Co Ltd | Breach of Good Governance |
| Fyolo Technology Corp | Tobacco Production |
| Nava Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| China Nonferrous Mining Corp Ltd | Breach of International Norms |
| Duke Capital Ltd | Breach of Good Governance |
| Waaree Renewable Technologies Ltd | Breach of Good Governance |
| City Cement Co | Breach of Good Governance |
| Miahona | Breach of Good Governance |
| Yunnan Energy Group Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Geo Energy Resources Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Wismilak Inti Makmur Tbk PT | Tobacco Production |
| Eagleridge Energy LLC | Fossil Expansion |
| Northeast Natural Energy LLC | Fossil Expansion |
| Killam Oil Co Ltd | Fossil Expansion |
| DTE Energy Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Portland General Electric Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| PTT PCL | Fossil Expansion |
| Duke Energy Indiana LLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Sierra Pacific Power Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Evolution Petroleum Corp | Fossil Expansion |
| Tatneft PJSC | Fossil Expansion and Sanctions |
| Shanghai Industrial Holdings Ltd | Tobacco Production |
| Kuwait Ministry of Finance | Democracy and Human Rights |
| Kuwait International Government Bond | Democracy and Human Rights |
| State of Kuwait | Democracy and Human Rights |
| Kuwait Government Bond | Democracy and Human Rights |
| Kingdom of Saudi Arabia | Democracy and Human Rights |
| Saudi Arabia Government Development Bond | Democracy and Human Rights |
| Saudi Government International Bond | Democracy and Human Rights |
| Saudi Government Sukuk | Democracy and Human Rights |
| Saudi Arabia Government Development Murabaha | Democracy and Human Rights |
| Saudi Arabia Government Floating Rate Note | Democracy and Human Rights |
| Saudi Arabia Government Floating Rate Murabaha | Democracy and Human Rights |
| Kingdom of Saudi Arabia Ministry of Finance | Democracy and Human Rights |
| PPL Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Hisense Home Appliances Group Co Ltd | Breach of International Norms |
| Central Bank of the Russian Federation/The | Democracy and Human Rights |
| Russian Foreign Bond - Eurobond | Democracy and Human Rights |
| Russian Federal Bond - OFZ | Democracy and Human Rights |
| Russian Federal Inflation Linked Bond | Democracy and Human Rights |
| Central Bank of the Russian Federation Bond | Democracy and Human Rights |
| Central Bank of Russia OBRs | Democracy and Human Rights |
| BAT Capital Corp | Tobacco Production |
| CEZ AS | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Calpine LLC | Breach of Good Governance |
| NextEra Energy Capital Holdings Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Mohegan Tribal Gaming Authority | Breach of Good Governance |
| Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC | Breach of Good Governance |
| Oglethorpe Power Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Indian Railway Finance Corp Ltd | Breach of Good Governance |
| Ennostar Inc | Breach of Good Governance |
| LS Materials Ltd | Breach of Good Governance |
| APA Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Jadestone Energy PLC | Fossil Expansion |
| Petroleum Sarawak Exploration & Production Sdn Bhd | Fossil Expansion |
| Thungela Resources Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| GMR Power and Urban Infra Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Validus Energy II Midcon LLC | Fossil Expansion |
| 1920 Energy LLC | Fossil Expansion |
| Juroku Financial Group Inc | Breach of Good Governance |
| Piedmont Lithium Inc | Breach of Good Governance |
| Dear U Co Ltd | Breach of Good Governance |
| Crescent Energy Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| HPSP Co Ltd | Breach of Good Governance |
| Gulfport Energy Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| HEQ Deepwater LLC | Fossil Expansion |
| Ageron Energy LLC | Fossil Expansion |
| Spartan Delta Corp | Fossil Expansion |
| Fundare Resources Co Holdco LLC | Fossil Expansion |
| Jonah Energy South Texas LLC | Fossil Expansion |
| Almunajem Foods Co | Breach of Good Governance |
| East Pipes Integrated Co for Industry | Breach of Good Governance |
| Cygnet Energy Ltd | Fossil Expansion |
| Greylock Energy LLC | Fossil Expansion |
| FirstEnergy Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Pennsylvania Electric Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| El Paso CGP Co LLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Kinder Morgan Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| United Energy Group Ltd | Fossil Expansion |
| Colbun SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| IFCI Ltd | Breach of Good Governance |
| Medco Energi Internasional Tbk PT | Fossil Expansion |
| British American Tobacco Kenya PLC | Tobacco Production |
| British American Tobacco Zimbabwe Holdings Ltd | Tobacco Production |
| Tenaga Nasional Bhd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Ashot -Ashkelon Industries Ltd | Breach of International Norms |
| Emera Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Gulfport Energy Operating Corp | Fossil Expansion |
| SM Energy Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Expand Energy Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Ratio Energies LP | Fossil Expansion |
| MTY Food Group Inc | Breach of Good Governance |
| CSG Holding Co Ltd | Breach of Good Governance |
| Shanghai Electric Power Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| PTT Exploration & Production PCL | Fossil Expansion |
| YPF SA | Fossil Expansion |
| Equital Ltd | Breach of Good Governance |
| Engie Energia Chile SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Pinnacle West Capital Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| AES Andes SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Valor Holdings Co Ltd | Breach of Good Governance |
| Petroleos Mexicanos | Breach of International Norms and Fossil Expansion |
| Bentoel Internasional Investama Tbk PT | Tobacco Production |
| Japan Tobacco Inc | Tobacco Production |
| Shenergy Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Shenzhen Energy Group Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Bharat Petroleum Corp Ltd | Fossil Expansion |
| Huaneng Power International Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Huaneng Power International Nantong Power Plant | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| National Aluminium Co Ltd | Breach of Good Governance |
| Sundaram Finance Ltd | Breach of Good Governance |
| Electric Power Development Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Ecopetrol SA | Fossil Expansion |
| Indian Oil Corp Ltd | Fossil Expansion |
| Kuwait International Bank KSCP | Breach of Good Governance |
| First Busey Corp | Breach of Good Governance |
| Duke Energy Florida LLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Central Japan Railway Co | Breach of Good Governance |
| Bank of Boston Institucion de Banca Multiple / Comision Federal de Electricidad | Fossil Expansion |
| Comision Federal de Electricidad | Fossil Expansion |
| Acciones y Valores Banamex / Comision Federal de Electricidad | Fossil Expansion |
| Bancomext / Comision Federal de Electricidad | Fossil Expansion |
| HSBC / Comision Federal de Electricidad | Fossil Expansion |
| Bank of America Mexico SA / Comision Federal de Electricidad | Fossil Expansion |
| Oil & Natural Gas Corp Ltd | Fossil Expansion |
| Bumi Resources Tbk PT | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Petrosea Tbk PT | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Philip Morris CR AS | Tobacco Production |
| Wisconsin Power and Light Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Cia General de Combustibles SA | Fossil Expansion |
| State Power Investment Corp Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Vedanta Resources Ltd | Fossil Expansion |
| Perusahaan Gas Negara Persero Tbk PT | Fossil Expansion |
| Zijin Mining Group Co Ltd | Breach of International Norms |
| Rosneft Oil Co PJSC | Fossil Expansion and Sanctions |
| Oil & Gas Development Co Ltd | Fossil Expansion |
| Mechel PJSC | Fossil Expansion |
| Korea National Oil Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Turning Point Brands Inc | Tobacco Production |
| China Petrochemical Corp | Fossil Expansion |
| Petroliam Nasional Bhd | Fossil Expansion |
| T&D Holdings Inc | Breach of Good Governance |
| Hunt Oil Co | Fossil Expansion |
| Tucson Electric Power Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Comet Ridge Ltd | Fossil Expansion |
| Gulf Warehousing Co | Breach of Good Governance |
| Sanil Electric Co Ltd | Breach of Good Governance |
| British American Tobacco Uganda Ltd | Tobacco Production |
| Saturn Oil & Gas Inc | Fossil Expansion |
| Battalion Oil Corp | Fossil Expansion |
| Karoon Energy Ltd | Fossil Expansion |
| Energi Mega Persada Tbk PT | Fossil Expansion |
| Puget Sound Energy Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Phoenix Global Resources Ltd | Fossil Expansion |
| Abu Dhabi National Oil Co | Fossil Expansion |
| Saudi Arabian Oil Co | Fossil Expansion |
| Asahi Mutual Life Insurance Co | Breach of Good Governance |
| Great River Energy | Breach of Good Governance and Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| China North Industries Corp Ltd | Unconventional Weapons and Fossil Expansion |
| Petroleos del Peru SA | Breach of International Norms and Fossil Expansion |
| Sumitomo Life Insurance Co | Breach of Good Governance |
| Philip Morris International Inc | Tobacco Production |
| Philip Morris Operations AD Nis | Tobacco Production |
| Tanzania Cigarette Co Ltd | Tobacco Production |
| Strike Energy Ltd | Fossil Expansion |
| Konoike Transport Co Ltd | Breach of Good Governance |
| GS Holdings Corp | Fossil Expansion |
| China Resources Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Pakistan Petroleum Ltd | Fossil Expansion |
| RJ Reynolds Tobacco Co/NC | Tobacco Production |
| China Power International Development Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| LIG Defense&Aerospace Co Ltd | Unconventional Weapons |
| Cosmos Pharmaceutical Corp | Breach of Good Governance |
| Metaplanet Inc | Breach of Good Governance |
| Novatek PJSC | Fossil Expansion and Sanctions |
| GD Power Development Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Ichitan Group PCL | Breach of Good Governance |
| Datang International Power Generation Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Kelt Exploration Ltd | Fossil Expansion |
| Kimmeridge Energy Management Co LLC | Fossil Expansion |
| Global Power Synergy PCL | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Phillips 66 Partners LP | Breach of Good Governance |
| OQ Exploration & Production SAOG | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| HG Energy LLC | Fossil Expansion |
| Sinopec Engineering Group Co Ltd | Fossil Expansion |
| One Tech Holding | Breach of Good Governance |
| Saguaro Resources Ltd | Fossil Expansion |
| Rex International Holding Ltd | Fossil Expansion |
| Lime Petroleum AS | Fossil Expansion |
| Lime Petroleum Holding AS | Fossil Expansion |
| Newfold Digital Holdings Group Inc | Breach of Good Governance |
| Sequitur Energy Resources LLC | Fossil Expansion |
| Mesaieed Petrochemical Holding Co | Breach of Good Governance |
| Grupo Lala SAB de CV | Breach of Good Governance |
| Vitol Holding II SA | Fossil Expansion |
| HK Electric Investments & HK Electric Investments Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| HK Electric Investments Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Ascent Resources Utica Holdings LLC / ARU Finance Corp | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Ascent Resources Utica Holdings LLC | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| GEO Group Inc/The | Breach of International Norms |
| Samson Energy Co LLC | Fossil Expansion |
| Property Franchise Group PLC/The | Breach of Good Governance |
| Zhejiang Zheneng Electric Power Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Ridgewood Energy Corp | Fossil Expansion |
| L&T Technology Services Ltd | Unconventional Weapons |
| L&T Technology Services Ltd/Korea | Unconventional Weapons |
| Vapor Group Inc | Tobacco Production |
| Dubai Supply Authority | Fossil Expansion |
| Sumou Real Estate Co | Breach of Good Governance |
| Sumou Global Investment Co | Breach of Good Governance |
| Shenzhen Goodix Technology Co Ltd | Breach of Good Governance |
| Lens Technology Co Ltd | Breach of International Norms |
| EMRO Inc | Breach of Good Governance |
| Range Intelligent Computing Technology Group Co Ltd | Breach of Good Governance |
| Journey Energy Inc | Fossil Expansion |
| PrairieSky Royalty Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Khyber Tobacco Co Ltd | Tobacco Production |
| Pakistan Tobacco Co Ltd | Tobacco Production |
| Newmed Energy LP | Fossil Expansion |
| Belc Co Ltd | Breach of Good Governance |
| LT Group Inc | Tobacco Production |
| Tecpetrol SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Electricity Generating PCL | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Sundrug Co Ltd | Breach of Good Governance |
| Mari Energies Ltd | Fossil Expansion |
| Pampa Energia SA | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal and Fossil Expansion |
| Hub Power Co Ltd/The | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| VST Industries Ltd | Tobacco Production |
| AEON Financial Service Co Ltd | Breach of Good Governance |
| Louisville Gas and Electric Co | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Videocon Industries Ltd | Fossil Expansion |
| Aboitiz Equity Ventures Inc | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Lucky Cement Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| GS Caltex Corp | Breach of Good Governance |
| Sarda Energy & Minerals Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| SKS Power Generation Chhattisgarh Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Minsur SA | Breach of Good Governance |
| An Hui Wenergy Co Ltd | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| BSE Ltd | Breach of Good Governance |
| Tennessee Valley Authority | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| TVA Custodial Receipt | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Tennessee Valley Authority Discount Notes | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Tennessee Valley Authority Generic Strip | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Tennessee Valley Authority Principal Strip | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Tennessee Valley Authority Linked Call Strips | Unconventional Extraction of Fossil Fuels / Production of Thermal Coal |
| Al Ahli Bank Of Kuwait KSCP Dubai Branch | Breach of Good Governance |
| Al Ahli Bank of Kuwait KSCP | Breach of Good Governance |
| Al Ahli Bank Of Kuwait KSCP DIFC Branch | Breach of Good Governance |