
A recent report from the International Energy Agency unveils data showing a 0.9% increase in global carbon dioxide emissions in 2022, reaching a staggering 36.8 billion tonnes. While some regions like the European Union managed to decrease emissions by 2.5%, the United States observed a 0.8% rise. Notably, emissions in emerging Asian countries, excluding China, surged by 4.2%.
Here are some companies with the most carbon production:
Wheaton Precious Metals Corp.
Wheaton Precious Metals Corp. (NYSE:WPM) takes the top spot as the most carbon-intensive company globally. A key player in Canadian precious metal streaming, it amassed an impressive $1.06 billion in revenue in 2022, with a carbon productivity reaching $33.24 million.
IGM Financial Inc.
IGM Financial Inc. (OTC:IGIFF) emerges as a major carbon emitter within Canada’s financial services sector. Specializing in asset and wealth management, the company boasts nearly $250 billion in managed assets. With an annual revenue of $3.70 billion in 2023, its carbon productivity stands at $4.94 million.
Nordea Bank Abp
Nordea Bank Abp (OTC:NRDBY) secures the third position among the world’s most carbon-intensive companies. Operating across 17 countries, it offers a range of banking services including personal and commercial banking, investment management, and more. With a carbon productivity of $3.24 million, its carbon footprint remains a concern.
Beazley plc
Beazley plc (OTC:BZLYF) stands as one of London’s largest insurance firms, specializing in various insurance services such as life, health, property, and marine. With a revenue of $3.46 billion in 2022, its carbon productivity reaches $2.86 million, reflecting significant environmental concerns.
Prologis, Inc.
Prologis, Inc. (NYSE:PLD) earns its place among the world’s most carbon-productive companies, offering logistics real estate and sustainability solutions. Generating a substantial revenue of $8.03 billion in 2023, its carbon productivity stands at $1.61 million, raising alarms about its environmental impact.
Assicurazioni Generali S.p.A.
Assicurazioni Generali S.p.A. (OTC:ARZGY), a prominent insurance company operating in over 50 countries, boasts assets exceeding €500 billion. With an annual revenue of $81.41 billion in 2022, its carbon productivity reaches $1.27 million, highlighting significant environmental implications.