EMEA > Africa > 32 companies linked to over half of global fossil fuel and cement CO2 emissions, state-owned enterprises dominate, analysis finds

32 companies linked to over half of global fossil fuel and cement CO2 emissions, state-owned enterprises dominate, analysis finds

Published 06:00 on January 21, 2026 / Last updated at 17:43 on January 20, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), Net Zero Transition (Investment, Reporting & Disclosure, Litigation)

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The top 10 corporate emitters of fossil fuel and cement CO2 in 2024 were all fully or majority state-owned companies and together accounted for more than one quarter of global fossil CO2 emissions, while a total of just 32 companies were linked to more than half of global emissions, according to a new analysis published on Wednesday.
The top 10 corporate emitters of fossil fuel and cement CO2 in 2024 were all fully or majority state-owned companies and together accounted for more than one quarter of global fossil CO2 emissions, while a total of just 32 companies were linked to more than half of global emissions, according to a new analysis published on Wednesday.


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