World’s 250 biggest companies account for a third of greenhouse gases
Oslo — The world’s 250 biggest listed companies account for a third of all man-made greenhouse gas emissions yet few have strong goals to limit rising temperatures, a study showed on Tuesday. Coal India, Gazprom and ExxonMobil topped the list when measuring carbon dioxide emitted by companies and by consumers using their products, it said. "Without continual reduction in emissions from this group of companies, effectively mitigating the long-term risks of climate change is not possible," according to the study, a Thomson Reuters Financial and Risk white paper. In the past three years, emissions from the group of 250 had been flat "when they should have been going down by roughly 3% per year" to limit temperatures in line with goals set by the 2015 Paris Agreement on climate change, it said. The report, written in collaboration with Constellation Research and Technology, emissions-tracking group CDP and BSD Consulting, found the group emitted a third of world carbon emissions and tha...
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