November 30, 2020

The Guardian: Just 100 companies responsible for 71% of global emissions, study says

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https://www.theguardian.com/sustainable-business/2017/jul/10/100-fossil-fuel-companies-investors-responsible-71-global-emissions-cdp-study-climate-change

Just 100 companies responsible for 71% of global emissions, study says

2017-07-10 00:00:00, Tess Riley, The Guardian

Content Categorization
/People & Society/Social Issues & Advocacy/Green Living & Environmental Issues
/Business & Industrial/Energy & Utilities/Renewable & Alternative Energy
/Science/Ecology & Environment

Word Count:
762

Words/Sentence:
26

Reading Time:
5.08 min

Reading Quality:
Adept

Readability:
13th to 15th

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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.

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.

While companies have a huge role to play in driving climate change, says Faria, the barrier is the "absolute tension" between short-term profitability and the urgent need to reduce emissions.

Nearly 100 companies including Apple, Facebook, Google and Ikea have committed to 100% renewable power under the RE100 initiative.

Keywords
Greenhouse gas emissions, Intergovernmental Panel on Climate Change (IPCC), Guardian sustainable business, Business, Chevron, ExxonMobil, Environment, Shell, Oil and gas companies, Climate crisis, BP

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