World’s biggest emitters still fail to disclose climate-related business risks
The companies analysed include oil and gas majors such as BP, Chevron and TotalEnergies, as well as airlines, miners and large manufacturers.
Most of the world’s largest corporate emitters are still failing to properly assess and disclose how climate-related risks are likely to affect their business.
Only 40% of the 140 companies tracked by Climate Action 100+ (the investor-led coalition recently left by several high-profile firms) are providing information on how a changing climate and all its consequences could impact their financial performance. This is up from 35% last year, but still deemed insufficient by financial think tank Carbon Tracker, which produced today’s report.
