Businesses have an important role in mitigating climate change and its impacts on human rights by reducing or preventing emission of greenhouse gases. Steps companies can take include improving energy efficiency of their operations and shifting from fossil fuels to renewable energy.
A growing movement of NGOs, foundations, and universities is calling for divestment from fossil fuels, to speed a transition to less-polluting forms of energy.
The following are key investigations & reports related to responsibility of fossil fuel companies:
Related stories and components
Indigenous communities on the frontlines of climate-forced displacement call upon world leaders to address climate crisis
Author: Unitarian Universalist Service Committee
"In the last 10 years, millions of people have been displaced due to the impacts of climate change. Rising seas, melting permafrost, erosion, and flooding are causing entire communities to relocate....
China will not require a gas bridge between coal and renewables, finds China Renewable Energy Outlook report
Author: Becky Beetz, PV Magazine
" 'The single most important step now is to reduce coal consumption in China,' state the authors of the 2018 CREO, which has been published today on the sidelines of COP 24 in Katowice, Poland. Its key recommendations are simple: rapidly phase out coal...
USA: Marathon Petroleum allegedly ran stealth campaign to roll back car emissions standards; inc. company comments
Author: Hiroko Tabuchi, The New York Times
"The oil industry's covert campaign to rewrite American car emissions rules," 13 Dec 2018...
Author: Alliance of CEO Climate Leaders
"...In 2015, our coalition the Alliance of CEO Climate Leaders – an informal group, facilitated by the World Economic Forum, of major global businesses from a range of sectors – called on governments to reach an ambitious climate deal, aligned with th...
- Related stories: Latest news on COP24 climate discussions
- Related in-depth areas: Climate change Mitigation
- Related companies: ABB Accenture Acciona Allianz Arcadis Arup AXA BASF Bloomberg BT Capricorn Investment Group Carlsberg Breweries Dana Danfoss DHL (part of Deutsche Post) Enel Engie (formerly GDF Suez) Greentech Capital Advisors Heineken Hindustan Construction Hindustan Power HSBC Iberdrola Infosys ING JinkoSolar Holding Kaiser Permanente Kokusai Kogyo LafargeHolcim LeasePlan Lenzing LGT (Liechtenstein Global Trust) Maple Leaf Foods Natixis Orsted Pan American Silver PWC Logistics Royal DSM Royal Philips Electronics Schneider Electric Signify Suntory Beverage & Food Limited Suzlon Swiss Re Syngenta Teck Resources UBS Unilever Vestas Wind Systems Yara
Global Coal Exit List identifies 282 companies planning to build new coal-fired power stations, calls for impact divesting
"...The GCEL provides key statistics on companies’ annual coal production and coal share of revenue, their installed coal-fired capacity and coal share of power production. These statistics were drawn from original company sources such as annual...
Author: Carbon Market Watch
"...If we are to achieve the goals of the Paris Agreement, the CDM must not be allowed to undermine future efforts for the following three reasons:...
The ECOFIN Council adopted three sustainability measures of the Capital Requirement Directive and Capital Requirement Regulation for banks as part of the EU’s ‘Risk Reduction Measures package’:...
Correlation between companies committing to 100% renewable electricity and achieving above-average financial performance
Author: Capgemini Invent and The Climate Group
"This study shows that there is a direct correlation between committing to 100% renewable electricity and achieving above-average financial performance. RE100 members consistently perform better than their peers on two key financial performance...
USA: Patagonia donates $10M tax break to groups protecting the environment & finding solutions to the climate crisis
Author: Nick Visser, HuffPost
"Patagonia donates $10 million tax break to green groups, says Trump 'irresponsible'," 28 Nov 2018...
Civil society urges EU Council to ensure positive progression on development of disclosure requirements for sustainable investments
Author: ActionAid et al
19 Nov 2018...