100 companies produce 71% of global emissions – report
Some 71 per cent of global emissions are produced by just 100 companies, a new greenhouse gases (GHG) study has found.
In a Carbon Majors report, CDP, formerly known of the Carbon Disclosure Project, and the Climate Accountability Institute, outed many of the worst corporate offenders when it comes to pollution.
The study claims the contribution of fossil fuels to global of warming has “doubled,” while just 100 companies have caused 71 per cent of methane and carbon dioxide emissions since 1988.
— CDP (@CDP) July 10, 2017
“[Twenty-five] corporate and state producing entities account for 51 percent of global industrial GHG emissions. All 100 producers account for 71 percent of global industrial GHG emissions,” the report states.
Out of the 100 companies, 36 of the firms are at least partially state-owned, including Saudi Aramco, Gazprom, National Iranian Oil and Coal India. ExxonMobil, Shell, BP, Chevron, Peabody and Total are among the privately-owned companies in the report.