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Global 500 Firms’ GHG Emissions Rise

Global 500 Firms’ GHG Emissions Rise

Greenhouse gas emissions from the world’s 500 largest businesses rose 3.1 percent from 2010 to 2013, according to a Thomson Reuters report written in collaboration with BSD Consulting. During this time the UN says major companies should have seen a 4.2 percent reduction to keep global temperatures within a 2 … Read more »

PetroChina Buys First Chinese Carbon Offsets

PetroChina, the state-owned oil and gas company, bought 10,000 Chinese carbon offsets from wind power producer Longyuan on Friday for 16 yuan ($2.62) each, which Reuters reports is six times higher than international prices. The purchase, carried out on the China Beijing Environment Exchange, was the first Chinese Certified Emissions … Read more »

Most Firms Don’t Report GHG Emissions, Report Says

Most Firms Don’t Report GHG Emissions, Report Says

Only 37 percent of the world’s largest companies report their greenhouse gas emissions fully and correctly, according to research from the Environmental Investment Organisation. The Environmental Tracking Carbon Rankings, which examines the GHG emissions and transparency of the 800 largest companies globally, shows only 21 percent had their data externally … Read more »