We've officially integrated Urgewald's Global Coal Exit List (GCEL) and Global Oil & Gas Exit List (GOGEL) into our company screening process.
This means any company listed on these databases—whether they're building new coal infrastructure or expanding oil and gas production—is automatically excluded from the SWISOX Green Light List. Even if they are more than 55% Taxonomy-aligned and meet other sustainability criteria.
Why? Because no credible 1.5°C-aligned scenario leaves room for new fossil fuel infrastructure. And because green finance only works if it's built on trust.
💡 Urgewald's public databases are some of the most powerful tools in climate finance. They allow investors and analysts to see exactly which companies are actively undermining global climate goals. We're honoured to rely on their work to enforce transparency.
You can explore the full methodology in our latest SWISOX Insights article:
💬 Questions about our new exclusion criteria? Let us know through the feedback form.