100 companies have accounted for more than 70 percent of the industrial emissions of greenhouse gases since 1988, reveals a new report. The oil and gas sector in particular accounts for the biggest CO2 emitters. This includes Maersk Group, covering both carrier Maersk Line and oil business Maersk Oil.
According to the report Carbon Majors, Maersk has represented 0.11 percent of the total industry emissions of greenhouse gases since 1988, placing it at number 82 on the list. However, there is still a long way to go before it reaches the biggest polluters.
The Chinese coal industry tops the list, followed by state oil company Saudi Aramco and Russia's Gazprom, while National Iranian Oil Co and US ExxonMobil are number four and five respectively.
The one sector and four companies represent a little over 25 percent of global greenhouse gas emissions in the 1988-2015 period.
The Carbon Majors report was published by NGO CDP and carried out in collaboration with Climate Accountability Institute. The results are based on publicly accessible data, writes CDP in a press release.
"This ground-breaking report pinpoints how a relatively small set of just 100 fossil fuel producers may hold the key to systemic change on carbon emissions," says Pedro Faria, CDP CEO.
The report comes approximately one week after the latest summit of the UN's International Maritime Organization (IMO) which has not yet managed to agree on a reduction target for the shipping industry, which unlike the oil industry was excluded from the Paris climate deal.
English Edit: Lena Rutkowski