Just 100 companies responsible for 71% of global emissions, study says (excerpt): The Guardian (3 years old but still relevant)

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Note: A three year old article but what has changed apart from some greenwashing?

A relatively small number of fossil fuel producers and their investors could hold the key to tackling climate change

Just 100 companies have been the source of more than 70% of the world’s greenhouse gas emissions since 1988, according to a new report.

 

Exxon

The Carbon Majors Report (pdf) “pinpoints how a relatively small set of fossil fuel producers may hold the key to systemic change on carbon emissions,” says Pedro Faria, technical director at environmental non-profit CDP, which published the report in collaboration with the Climate Accountability Institute. 

Traditionally, large scale greenhouse gas emissions data is collected at a national level but this report focuses on fossil fuel producers. Compiled from a database of publicly available emissions figures, it is intended as the first in a series of publications to highlight the role companies and their investors could play in tackling climate change.

The report found that more than half of global industrial emissions since 1988 – the year the Intergovernmental Panel on Climate Change was established – can be traced to just 25 corporate and state-owned entities. The scale of historical emissions associated with these fossil fuel producers is large enough to have contributed significantly to climate change, according to the report.

Just 20 Companies Are Responsible for 35% of All Greenhouse Gas Emissions: Medium

The Climate Accountability Institute recently released a new report into the role of the oil and gas industry in our climate crisis. The report looks at companies within this industry since 1965*, evaluating the fossil fuels which they are responsible for extracting from the earth and the emissions that these fossil fuels are responsible for.

The key finding of this report? That just twenty fossil fuel companies are responsible for 35% of the global total greenhouse gas emissions since 1965.

These companies are a mixture of investor-owned, private companies, and state-owned companies. Top of the list comes Saudi Aramco, a state-owned company in Saudi Arabia which is responsible for 4.38% of the global total emissions since 1965. In terms of private companies, Chevron, an American energy company active in 180 countries, is the worst offender, responsible for 3.2% of global total emissions since 1965. You probably recognise Exxon, BP, and Shell who are also up there in the list.

Credit: http://climateaccountability.org/pdf/CAI%20PressRelease%20Top20%20Oct19.pdf

 

Tabitha Whiting

Oct 30 · 4 min read

Read the Medium article

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