London CNN —The vast majority of the world’s biggest companies have done almost nothing in the past five years to cut their planet-heating pollution enough to avoid catastrophic climate change. Large companies are either more likely to contribute to extreme levels of warming or are not disclosing their greenhouse gas emissions at all, according to a new report from ESG Book, seen by CNN. Slow progressIn its analysis, ESG Book assigned “temperature scores” to companies based on publicly reported emission data and factors such as emission reduction targets to determine firms’ contribution to global climate goals. It accounted for direct emissions from operations as well as indirect emissions from use of the companies’ products. Still, slightly more than $1 trillion is expected to flow toward oil, gas and coal this year, significantly above the level consistent with the world reaching net-zero emissions by 2050, the IEA said.

---

Persons: ”, Daniel Klier, we’re, ” Klier, Fatih Birol Organizations: London CNN, CNN, Shell, BP, European Union, EU, International Energy Agency, World Meteorological Organization Locations: Paris, United States, United Kingdom, China, India