Only about 50 of the 250 top corporate producers of greenhouse gases have put in place strategies to reduce their climate impacts through 2050 and beyond.
But those that have are demonstrating that their plans are creating value by growing revenue and reducing costs.
A new ranking from Thomson Reuters charts the top 250 corporate producers of greenhouse gases, which, together with their supply chains, account for about a third of total greenhouse-gas emissions worldwide.
The top emitter is Coal India, followed by PJSC Gazprom and Exxon-Mobil. The Global 250 Greenhouse Gas Emitters, ranks companies based on the “maturity” of their strategies for reducing greenhouse-gas emissions as well as their “momentum” (or not) toward lower emissions.
This “M2 Lens” sheds light on firms potential “to develop a durable Sustainability Premium,” the paper says.
Ranked №23 on the emitter list, “Toyota, more than any other automaker in the G250, exemplifies a company that is building its brand and culture around sustainability,” the paper says.
BMW, Renault also are considered Leaders. Nissan, Ford and Fiat Chrysler are classed as Defenders, showing middling maturity scores and negative momentum.