Despite All The Talk, Emissions From Top Global 500 Firms Up 3.1% 2010 - 2013 - Guardian

Greenhouse gas emissions by the world’s top 500 companies rose 3.1% from 2010 to 2013, far off the cuts urged by the United Nations to limit global warming, a study showed on Monday.

The top 500 firms by capitalisation accounted for 13.8% of world greenhouse gas emissions and 28% of gross domestic product in 2013, according to the report, drawn up by the information provider Thomson Reuters and BSD Consulting, a global sustainability consultancy.

“Almost all of us use products from these companies,” said Tim Nixon, Director of Sustainability at Thomson Reuters. “This is about transparency. We hope companies will look at the report and engage with their stakeholders to reduce emissions.“ A path set out last month by the UN Environment Programme, intended to limit global temperature rises to 2C above pre-industrial times, implied a 4.2% fall in world emissions between 2010 and 2013.

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The top corporate greenhouse gas emitters in 2013 were PetroChina Co Ltd, China Petroleum and Chemical Corp, and steel maker ArcelorMittal, the report said. Big companies with a more than 10 percent decline in emissions between 2010 and 2013 were led by ConocoPhillips , Valero Energy Corp and Dominion Resources Inc.

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http://www.theguardian.com/environment/2014/dec/23/top-500-companies-carbon-emissions-rise-despite-calls-for-cuts