Data on fossil fuel companies

The document provides a detailed table and supplementary notes on fossil fuel companies, tracking their emissions intensity pathways against 1.5°C and 2°C targets. It highlights that many major companies, including BP, Chevron, and Saudi Aramco, have emissions intensity pathways outside the 2°C target. The report also identifies companies with interests in tar sands, such as ExxonMobil and Royal Dutch Shell, and notes that the SBTi stopped accepting commitments from fossil fuel companies in March 2022. Additionally, it documents environmental disasters, corruption allegations, and disinformation campaigns linked to these entities.

• The Science-based Targets initiative (SBTi) announced in March 2022 that it will no longer validate targets or accept commitments from fossil fuel companies and is planning a peer review of its target setting methodologies for the oil and gas sector.
• Several companies maintain interests in tar sands, which are noted for high carbon emissions intensity. This includes ExxonMobil (30% stake in Kearl Oil Sands Project), BP (assets in Canada worth $2.5bn), Royal Dutch Shell (10% stake in Canadian operations), and CNOOC (joint venture participant in Mildred Lake).
• Saudi Aramco is identified as the top company in the Carbon Underground 200 oil and gas reserves list, with total reserves of 106.1 GtCO2e.
• The document records various corporate controversies, including ExxonMobil's involvement in climate change disinformation, BP's 2016 North Sea oil leak of 95 tonnes, and BHP's responsibility for the 2015 Samarco dam collapse in Brazil.
• In January 2021, S&P increased the risk rating for the oil and gas sector from “intermediate” to “moderately high” due to volatile prices, poor profitability, and the transition away from fossil fuels, warning 13 companies (including Chevron, ConocoPhillips, Royal Dutch Shell, and Total) of potential credit rating downgrades.

APA

Scientists for Global Responsibility (2022). Data on fossil fuel companies. https://www.sgr.org.uk/sites/default/files/2022-03/Roundup_of_Fossil_Fuel_companies_updated_March_2022.pdf

Chicago

Scientists for Global Responsibility. Data on fossil fuel companies. 2022. https://www.sgr.org.uk/sites/default/files/2022-03/Roundup_of_Fossil_Fuel_companies_updated_March_2022.pdf.

Wikipedia

{{cite report |author=Scientists for Global Responsibility |title=Data on fossil fuel companies |date=March 2022 |url=https://www.sgr.org.uk/sites/default/files/2022-03/Roundup_of_Fossil_Fuel_companies_updated_March_2022.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{scientistsforglobalresponsibility2022data, author = {{Scientists for Global Responsibility}}, title = {{Data on fossil fuel companies}}, institution = {Scientists for Global Responsibility}, year = {2022}, month = mar, url = {https://www.sgr.org.uk/sites/default/files/2022-03/Roundup_of_Fossil_Fuel_companies_updated_March_2022.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }