Top 500 companies’ carbon emissions rise despite calls for cuts

Report on world’s biggest 500 firms by capitalisation shows emissions are not in line with UN calls to avoid dangerous climate change

Greenhouse gas emissions by the world’s top 500 companies rose 3.1% from 2010 to 2013, far off the cuts urged by the United Nations to limit global warming, a study showed on Monday.

The top 500 firms by capitalisation accounted for 13.8% of world greenhouse gas emissions and 28% of gross domestic product in 2013, according to the report, drawn up by the information provider Thomson Reuters and BSD Consulting, a global sustainability consultancy.

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