Investors in fossil fuel companies carry influence over one-fifth of industrial greenhouse gas emissions worldwide, says The Carbon Majors Database, which stores greenhouse gas (GHG) emissions data.
CDP’s Carbon Majors Report 2017 is the first in an ongoing series of publications aimed at using this database to highlight the role that corporations can play in driving the global energy transition.
In 2015, a fifth of global industrial GHG emissions was backed by publicly listed investment. The scale of emissions signals the importance and potential of investor engagement in the fossil fuel industry. Many oil and gas majors are already developing scenarios to comprehend their potential role in the future energy system. Here are the key findings of the report:
Source: CDP Carbon Major’s Report 2017 *GHG: Green House Gas