About a quarter of the world’s highest-emitting, publicly listed companies fail to report their greenhouse gas emissions and nearly half do not properly consider the risks from the climate crisis in decision-making, new research has found.
The findings show the distance even the world’s biggest companies still have to cover to meet the goals of the Paris agreement on climate change, according to the group of investors coordinating the report.
The research covered a sample of 274 of the world’s highest emitting companies which are publicly listed, and therefore must make official disclosures of key financial data.
It was carried out by the Grantham Research Institute on climate change at the London School of Economics and commissioned by the Transition Pathway Initiative, a group of investors supportive of the Paris agreement, with about $14tn (£11tn) in funds under management.
Quarter of world’s biggest firms ‘fail to disclose emissions’ https://t.co/qrzsHrDLam
— The Guardian (@guardian) July 9, 2019