Report: Listed firms responsible for environmental damages worth 4% of global GDP
More than a quarter of companies generate environmental costs larger than their net income.
The world’s largest listed companies caused environmental damages worth US$3.71 trillion in 2021 – equal to more than 4% of global GDP, according to a new report by S&P Global and the Capitals Coalition.
The analysis looked at damages caused by the direct operations of more than 12,000 companies in the S&P Global Broad Market Index (BMI), not including their upstream and downstream supply chains.
