An easy and public scoring system:
For the first four criteria, the rating logic is simple: the more coal companies excluded by the policy, the higher the score. For the fifth criteria, the more elements of a good coal phase-out strategy the policy takes on board, the higher the score.
Many policies allow exceptions, use inappropriate metrics or weaken the impact of criteria by limiting their application to certain activities. In these cases, a malus of one or two points is applied for each criteria to sanction these limitations and loopholes.
Policies only applying to SRI/ESG funds are not considered in this analysis, except if they are the only ones proposed by the financial player.
The analysis grid is available below the Coal Policy Tool.