Carbon Majors And The Capital Markets

In May we discussed the potential financial and capital markets impact of carbon pricing on some of the world's most carbon intensive companies. More recently, the CDP (formerly the Carbon Disclosure Project) released their 2017 Carbon Majors Database, which tracks and attributes carbon emissions to its survey base of 224 leading fossil fuel companies.

Carbon Majors Database

The Carbon Majors Database highlights several key points in assessing the disclosure issues and risk management challenges faced by some of the world's leading fossil fuel companies. Of particular interest, the Carbon Majors Database stated that:

• Emissions from investor owned companies are significant – the 224 fossil fuel companies in their Database account for 30.6 GtCO2e and of these:
  • 30% are public investor-owned enterprises;