The science is clear: greenhouse gas (GHG) emissions must peak before 2025 to prevent planetary warming exceeding 1.5℃. The solution is simple: stop doing and investing in things that emit GHGs and instead protect the natural systems that remove them from the atmosphere.
Disclosure of a company’s emissions should then let consumers and investors make informed decisions. But businesses are rarely required to disclose all of the emissions generated in their full “lifecycle”.
For example, the UK’s Cumbria coal mine, which was approved in December, will produce 2.8 million tonnes of coking coal each year for the steelmaking industry without accounting for the emissions produced when this coal is burned. These emissions instead represent the responsibility of the steel industry.
