Full corporate profit and emission dataset
Sharing the full data for the Who can pay for carbon removals analysis
Here is a new, free dataset on the GHG emissions and profits of the world’s biggest companies.
We manually collected emission data for the top 250 companies (and found Scope 1-2 data for 209 of them). The profit and revenue data comes from the Forbes 2000 list. The set contains 2020-2022 data. (There will be mistakes in the data, please comment if you see one.)
The first use of the updated dataset was the Carbon Gap analysis on who can pay for carbon removal: https://carbongap.org/who-can-pay-for-carbon-removal/ Which itself was an update on the Bridging the ambition gap report.
Our analysis shows that low-emission/ high-profit companies can afford to take full responsibility for their emissions, implementing a credible internal carbon fee. But all sectors can afford to remove their final 10% emissions with permanent CDR. High-emissions/ low-profit companies might contribute the most to CDR in absolute terms, even if it represents a small part of their current emissions, and a low dollar amount per tonne emitted. See below for an illustration of this.
Use the dataset to play around yourself with different analyses, let me know what you come up with!
Here I present the analysis at COP at an IETA seminar on Saturday 2 Dec.
Full link to the dataset: https://docs.google.com/spreadsheets/d/19MQbZbrCu4HpAWe6NU92CioYQ7KE8FvD9vl-r9qSjJg/edit#gid=1986052149
Thank you to Vivek Jain for help with data gathering, and Tank Chen for quality control.
Would be cool to add financed emissions for the banks to get a better sense of their viability.