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Tue Sep 17, 2013, 12:51 PM

50 Largest Companies Produce 73% of Total Greenhouse Gas Emissions

A new study has found that just 50 corporations are responsible for 73% of the 3.6 billion metric tons of greenhouse gas emitted by the world’s 500 largest companies. Of the carbon-polluting corporations the most egregious offenders are, perhaps unsurprisingly, to be found within the energy sector, and as a whole, these companies are doing little to change their ways; the CDP Global 500 Climate Change Report 2013 found that the 50 giants have become even greater polluters in the last four years.

The CDP Global 500 Climate Change Report is published by PricewaterhouseCoopers, and calculates and analyzes the emissions and disclosures of the Global 500 companies by industry (403 of the companies took part in this year’s study). A number of the findings are largely unsurprising: Wal Mart is the greatest offender within the ‘Consumer Staples’ category and ExxonMobil in the Energy sector. Interestingly, Bank of America has the greatest emissions per unit of revenue in the Financial sector, Bayer in Healthcare, Samsung in Information Technology and Verizon in Telecommunications.

While GHG emissions from the Global 500 fell overall in recent years—from 4.2 to 3.6 billion metric tons—the top 50 corporations have managed to increase their emissions by 1.65% since 2009. This represents, the report states “a disparity between the companies’ strategies, targets and the emissions reductions that are required to limit global warming to 2 degrees C.”

http://inhabitat.com/10-of-worlds-largest-companies-produce-73-of-greenhouse-gas-emissions/

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Reply 50 Largest Companies Produce 73% of Total Greenhouse Gas Emissions (Original post)
grahamhgreen Sep 2013 OP
SunSeeker Sep 2013 #1
grahamhgreen Sep 2013 #2
bluedeathray Sep 2013 #3
grahamhgreen Sep 2013 #5
raouldukelives Sep 2013 #4

Response to grahamhgreen (Original post)

Tue Sep 17, 2013, 12:59 PM

1. They should be ordered to put solar panels on every one of their buildings. nt

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Response to SunSeeker (Reply #1)

Tue Sep 17, 2013, 02:49 PM

2. At a minimum....

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Response to grahamhgreen (Original post)

Wed Sep 18, 2013, 09:44 AM

3. PP/CC paradigm

Privatize Profit. Commonalize Costs.

Costs like infrastructure wear, environmental damage, financial misadventure.

And all the things that these corporations consume, that affect every being on the planet.

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Response to bluedeathray (Reply #3)

Wed Sep 18, 2013, 09:19 PM

5. Exactly, externalize the costs.



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Response to grahamhgreen (Original post)

Wed Sep 18, 2013, 10:32 AM

4. Reads like the backbone of any sound retirement plan. As always, thank an investor. nt

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