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Carbon Majors Report

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"57 Companies Responsible for Majority of Global CO2 Emissions Since 2016, Report Finds"

Originally Published 1 year ago — by Reuters

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Source: Reuters

A report by non-profit think tank InfluenceMap reveals that 80% of global CO2 emissions from 2016 to 2022 can be attributed to 57 fossil fuel and cement producers, including state-owned firms and investor-owned companies. The top three emitters were Saudi Aramco, Gazprom, and Coal India. Despite commitments to curb climate change, these companies have expanded fossil fuel production, leading to a rise in emissions. The report aims to increase transparency and could be used in legal cases, academic research, and by investors to hold these producers accountable for climate damages.