Energy firms back global climate deal

A majority of the major carbon emitters in the global energy sector have backed a world climate deal, according to information released by activist organization the Carbon Disclosure Project (CDP).

According to CDP, it asked 28 of the largest energy firms, which together account for 26 per cent of the world’s greenhouse gas emissions, whether their boards of directors would support an international agreement on climate change which seeks to limit a global temperature rise to under 2ºC.

Of these companies, 13 said their board backs a global agreement – including Russia’s Gazprom, the largest emitter of greenhouse gases among the carbon majors according to CDP, and the US’s ConocoPhillips. Eight companies reported that they have no opinion, while the remaining seven did not answer.  

CDP says that over 2000 companies have disclosed their emissions information through it. Within the energy sector, it notes that Canadian Natural Resources Limited has said it will disclose at a later date, while Coal India, Rosneft and Marathon Oil have not responded to requests for emissions information.  

CDP’s executive chairman Paul Dickinson said: “It is time for governments to listen to the business voice in support of climate progress. Companies are telling us – and their investors – that they welcome climate action, which brings prosperity and growth.”

The 28 firms and their responses (source: CDP)

Anadarko Petroleum Corporation

USA

Blank

Anglo American

UK

Yes

Apache Corporation

USA

No opinion

BG Group

UK

Yes

BHP Billiton

UK

Yes

BP

UK

Blank

Chevron Corporation

USA

No opinion

China Petroleum & Chemical Corporation

China

Non public disclosure

ConocoPhillips

USA

Yes

Devon Energy Corporation

USA

No opinion

Ecopetrol Sa

Colombia

No opinion

Eni SpA

Italy

Yes

Exxon Mobil Corporation

USA

Blank

Gazprom OAO

Russia

Yes

Glencore plc

Switzerland

No opinion

Hess Corporation

USA

No opinion

Lukoil

Russia

Non public disclosure

Occidental Petroleum Corporation

USA

No opinion

PetroChina Company Limited

China

Non public disclosure

Petróleo Brasileiro SA - Petrobras

Brazil

Blank

Repsol

Spain

Yes

Rio Tinto

UK

No opinion

Royal Dutch Shell

Netherlands

Yes

RWE AG

Germany

Blank

Sasol Limited

South Africa

Yes

Statoil ASA

Norway

Yes

Suncor Energy Inc

Canada

Blank

Total

France

Yes

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