The GCEL was devised to help financial institutions navigate the complicated landscape of coal-based business models. Companies on the GCEL represent 90% of the world’s thermal coal production and the world’s coal-fired capacity. The aim of the GCEL database is to identify all companies that play a significant role in the thermal coal value chain. In contrast to many other databases, the GCEL therefore includes not only coal miners and coal power producers, but also companies involved in coal exploration, coal processing, coal trading, coal transport & logistics, coal equipment manufacturing, coal-related O&M and EPC services and Coal-to-Liquids as well as Coal-to-Gas production. The GCEL currently provides thermal coal-related data and statistics for 1,030 parent companies and almost 1,800 subsidiaries and joint ventures. It, however, does not cover coal used for cement or steel production.