2024 CDP Scores by Sector
3 Upgrades / 11 Downgrades / 16 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Electronic Arts | No Score | B- | |
Warner Bros. Discovery | No Score | C | |
![]() |
Informa | B | A- |
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
![]() |
Publicis Groupe | B | C |
Fox Corp (ex 21st Century Fox) | B | C |
The following companies stopped publicly reporting to CDP in 2024:
Alphabet Inc. Google
AT&T Inc.
Comcast
Meta Platforms, Inc
The Walt Disney Company
Verizon Communications
T-Mobile (ex T-Mobile US)
Orange
Auto Trader Group
Live Nation Entertainment
Match Group
DETAILED SCORES EVOLUTION HERE
14 Upgrades / 23 Downgrades / 42 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Porsche | No Score | A- | |
Barratt Redrow | No Score | B | |
O'Reilly Auto Parts | No Score | B- | |
Williams-Sonoma | No Score | B- |
The following companies reported to CDP for the first time in
2024:
LKQ Corporation
O'Reilly Auto Parts
Royal Caribbean Group
Accor
Williams-Sonoma
Barratt Redrow
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
Ralph Lauren Corporation | B | C | |
MGM Resorts | A | B | |
![]() |
IHG Hotels & Resorts | B | C |
The following companies stopped publicly reporting to CDP in 2024:
Amazon.com Inc.
Ford Motor Company
McDonald's Corp.
Starbucks Corp.
eBay Inc.
Hermès International
Michelin
Zalando
Berkeley Group Holdings
Taylor Wimpey
Carnival
Hilton Worldwide
Las Vegas Sands
Lululemon Athletica
Tractor Supply
DETAILED SCORES EVOLUTION HERE
8 Upgrades / 26 Downgrades / 22 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Coca-Cola Europacific Partners | No Score | A | |
Kellanova | No Score | C | |
![]() |
Costco | C | B |
The following companies reported to CDP for the first time in
2024:
Kellanova
Coca-Cola Europacific Partners
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
McCormick & Company | A- | C | |
![]() |
Mondelez International | A- | C |
Lamb Weston | C | D | |
Hormel Foods | B | C | |
Brown–Forman | B | C | |
![]() |
Tesco | B | C |
![]() |
Diageo | A | B |
![]() |
Walmart | B | C |
![]() |
Kraft Heinz Co | B | C |
The following companies stopped publicly reporting to CDP in 2024:
Colgate-Palmolive
Procter & Gamble
Target Corp.
Carrefour
Henkel
Imperial Brands
Unilever
Campbell Soup Company
Conagra Brands
Tyson Foods
DETAILED SCORES EVOLUTION HERE
0 Upgrades / 12 Downgrades / 14 same score
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
Marathon Petroleum | B | C | |
![]() |
Halliburton Co. | C | D |
Valero Energy | D | D- | |
BP | A- | B | |
![]() |
Occidental Petroleum | A- | B |
The following companies stopped publicly reporting to CDP in 2024:
ConocoPhillips
Kinder Morgan Inc.
Devon Energy Corp.
TotalEnergies
Shell plc
Baker Hughes
EOG Resources
Hess Corporation
DETAILED SCORES EVOLUTION HERE
11 Upgrades / 32 Downgrades / 65 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Hiscox | No Score | B | |
Hartford (The) | No Score | C | |
![]() |
St. James's Place plc | D | B |
Franklin Templeton | No Score | D |
The following companies reported to CDP for the first time in
2024:
Franklin Templeton
Hartford (The)
Hiscox
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
Chubb Limited | B | D | |
3i | B | D | |
![]() |
HSBC | A- | C |
Beazley Group | B- | D |
The following companies stopped publicly reporting to CDP in 2024:
Bank of America
BlackRock Inc.
Capital One Financial
Citigroup Inc.
Goldman Sachs Group
JPMorgan Chase & Co.
MasterCard Inc.
MetLife Inc.
Morgan Stanley
The Bank of New York Mellon
US Bancorp
Wells Fargo
Crédit agricole
Allianz
Deutsche Bank
Munich Re
Admiral Group
NatWest Group
Schroders
Standard Chartered
Arthur J. Gallagher & Co.
Blackstone
Cboe Global Markets
Citizens Financial Group
Discover Financial
Fifth Third Bank
Huntington Bancshares
Intercontinental Exchange
KeyCorp
M&T Bank
MSCI
Nasdaq, Inc.
Northern Trust
PNC Financial Services
Raymond James
Regions Financial Corporation
State Street Corporation
Truist
DETAILED SCORES EVOLUTION HERE
11 Upgrades / 23 Downgrades / 41 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Boston Scientific | No Score | B | |
Cencora | No Score | B | |
Moderna | No Score | C | |
Revvity | No Score | C |
The following companies reported to CDP for the first time in
2024:
Boston Scientific
Cencora
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
Humana | B- | D | |
West Pharmaceutical Services | B | C | |
Steris | B | C | |
ResMed | C | D | |
Henry Schein | C | D | |
Cardinal Health | B | C | |
Agilent Technologies | B | C | |
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United Health Group | B | C |
The following companies stopped publicly reporting to CDP in 2024:
Merck
Sartorius
Siemens Healthineers
AstraZeneca
Hikma Pharmaceuticals
Charles River Laboratories
Cigna
Incyte
Mettler Toledo
Zimmer Biomet
Zoetis
DETAILED SCORES EVOLUTION HERE
19 Upgrades / 35 Downgrades / 59 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Bureau Veritas | No Score | A | |
CSX | No Score | B | |
Equifax | No Score | B | |
Parker Hannifin | No Score | B |
The following companies reported to CDP for the first time in
2024:
CSX
Parker Hannifin
Bureau Veritas
Babcock International Group
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
Howmet Aerospace | B | D | |
Broadridge Financial Solutions | B | D | |
![]() |
3M | B- | D |
The following companies stopped publicly reporting to CDP in 2024:
Boeing
Emerson Electric
General Electric
Raytheon Technologies
Union Pacific Corp
Bouygues
Vinci
Brenntag
Deutsche Post
MTU Aero Engines
Bunzl
Experian
International Airlines Group
Melrose Industries
Weir Group
A. O. Smith
Ametek
Automated Data Processing
Carrier Global
Delta Air Lines
Illinois Tool Works
Republic Services
United Airlines Holdings
DETAILED SCORES EVOLUTION HERE
19 Upgrades / 26 Downgrades / 31 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
CDW | No Score | B | |
Workday | No Score | B | |
Dell Technologies | No Score | B |
The following companies reported to CDP for the first time in
2024:
CDW
Fair Isaac
ON Semiconductor
Palantir Technologies
Workday
Dell Technologies
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
Seagate Technology | B | C | |
Micron Technology | C | D | |
Ansys | B | C | |
![]() |
Oracle | B | C |
The following companies stopped publicly reporting to CDP in 2024:
Accenture
Adobe Inc.
Apple Inc.
Cisco Systems
IBM Corp.
Microsoft Corp.
HP Inc (ex Hewlett-Packard)
Akamai
Analog Devices
Enphase
F5, Inc.
Hewlett Packard Enterprise
Juniper Networks
Motorola Solutions
Palo Alto Networks
Roper Technologies
Western Digital
Zebra Technologies
DETAILED SCORES EVOLUTION HERE
8 Upgrades / 15 Downgrades / 16 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Nucor | D | B | |
Endeavour Mining | C | B | |
PPG Industries | D | C | |
Sherwin-Williams | C | B |
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
International Paper | B | C | |
Eastman Chemical Company | B | C | |
![]() |
Rio Tinto | B | C |
Freeport-McMoRan Inc | B | C |
The following companies stopped publicly reporting to CDP in 2024:
Dow Inc.
Air liquide
BASF
Heidelberg Materials
Symrise
Ball Corporation
Ecolab
LyondellBasell
DETAILED SCORES EVOLUTION HERE
6 Upgrades / 10 Downgrades / 21 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
CoStar Group | No Score | B- | |
LondonMetric Property | No Score | C | |
![]() |
Segro | B | A |
Public Storage | C | B | |
SBA Communications | C | B |
The following companies reported to CDP for the first time in
2024:
LondonMetric Property
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
![]() |
American Tower | B | D |
Healthpeak | A- | B | |
Equity Residential | A- | B | |
AvalonBay Communities | A- | B | |
![]() |
Vonovia | A- | B |
![]() |
Simon Property Group Inc. | A- | B |
The following companies stopped publicly reporting to CDP in 2024:
Unite Group
Federal Realty
Host Hotels & Resorts
Weyerhaeuser
DETAILED SCORES EVOLUTION HERE
4 Upgrades / 10 Downgrades / 26 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Vistra | No Score | C | |
![]() |
Engie | B | A- |
![]() |
Veolia | A- | A |
![]() |
United Utilities | A- | A |
The following companies reported to CDP for the first time in
2024:
Vistra
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
PG&E Corporation | A- | B | |
AES Corporation | A- | B | |
![]() |
SSE plc | A | A- |
![]() |
E.ON | A | A- |
The following companies stopped publicly reporting to CDP in 2024:
Duke Energy
Exelon
Nextera Energy Inc.
Southern Company
American Electric Power Co. Inc.
RWE
Alliant Energy
Ameren
CMS Energy
Consolidated Edison
DTE Energy
Dominion Energy
Entergy
Evergy
Eversource
FirstEnergy
NRG Energy
NiSource
PPL Corporation
Pinnacle West
Sempra Energy
WEC Energy Group
DETAILED SCORES EVOLUTION HERE
2024 CDP Scores by Stock
12 Upgrades / 15 Downgrades / 13 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Bureau Veritas | No Score | A | |
Accor | No Score | C | |
![]() |
Eurofins Scientific | D | C |
The following companies reported to CDP for the first time in
2024:
Accor
Bureau Veritas
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
![]() |
Publicis Groupe | B | C |
![]() |
Axa | B | C |
![]() |
Renault | A- | B |
![]() |
BNP Paribas | A | A- |
![]() |
ArcelorMittal | A- | B |
![]() |
Airbus | A- | B |
The following companies stopped publicly reporting to CDP in 2024:
Air liquide
TotalEnergies
Vinci
Carrefour
Bouygues
Orange
Crédit agricole
Michelin
Hermès International
DETAILED SCORES EVOLUTION HERE
20 Upgrades / 31 Downgrades / 49 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Coca-Cola Europacific Partners | No Score | A | |
Hiscox | No Score | B | |
Barratt Redrow | No Score | B |
The following companies reported to CDP for the first time in
2024:
Hiscox
Babcock International Group
LondonMetric Property
Barratt Redrow
Coca-Cola Europacific Partners
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
3i | B | D | |
![]() |
HSBC | A- | C |
Beazley Group | B- | D |
The following companies stopped publicly reporting to CDP in 2024:
Experian
Admiral Group
AstraZeneca
Auto Trader Group
Berkeley Group Holdings
Bunzl
Hikma Pharmaceuticals
Imperial Brands
International Airlines Group
Melrose Industries
NatWest Group
Schroders
Shell plc
Standard Chartered
Taylor Wimpey
Unilever
Unite Group
Weir Group
DETAILED SCORES EVOLUTION HERE
5 Upgrades / 19 Downgrades / 16 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Porsche | No Score | A- | |
Deutsche Börse | C | B | |
![]() |
Adidas | A- | A |
![]() |
Bayer | A- | A |
![]() |
BMW | A- | A |
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
![]() |
Vonovia | A- | B |
Rheinmetall | B | B- | |
![]() |
E.ON | A | A- |
![]() |
Continental | A | A- |
![]() |
Airbus | A- | B |
The following companies stopped publicly reporting to CDP in 2024:
Allianz
BASF
Brenntag
Deutsche Bank
Deutsche Post
Heidelberg Materials
Henkel
Merck
MTU Aero Engines
Munich Re
RWE
Sartorius
Siemens Healthineers
Symrise
Zalando
DETAILED SCORES EVOLUTION HERE
2 Upgrades / 15 Downgrades / 13 same score
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
![]() |
3M | B- | D |
![]() |
Walmart | B | C |
![]() |
United Health Group | B | C |
The following companies stopped publicly reporting to CDP in 2024:
Amazon.com Inc.
Apple Inc.
Boeing
Goldman Sachs Group
IBM Corp.
JPMorgan Chase & Co.
McDonald's Corp.
Microsoft Corp.
Procter & Gamble
The Walt Disney Company
Verizon Communications
Cisco Systems
DETAILED SCORES EVOLUTION HERE
7 Upgrades / 45 Downgrades / 48 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Palantir Technologies | No Score | C | |
![]() |
Costco | C | B |
![]() |
FedEx | C | B |
![]() |
Medtronic | C | B |
The following companies reported to CDP for the first time in
2024:
Palantir Technologies
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
![]() |
American Tower | B | D |
![]() |
Mondelez International | A- | C |
![]() |
3M | B- | D |
The following companies stopped publicly reporting to CDP in 2024:
Alphabet Inc. Google
Union Pacific Corp
Southern Company
Accenture
Amazon.com Inc.
BlackRock Inc.
Apple Inc.
AT&T Inc.
Bank of America
Boeing
Capital One Financial
Citigroup Inc.
Colgate-Palmolive
Comcast
Duke Energy
General Electric
Goldman Sachs Group
ConocoPhillips
IBM Corp.
JPMorgan Chase & Co.
MasterCard Inc.
McDonald's Corp.
Meta Platforms, Inc
MetLife Inc.
Microsoft Corp.
Morgan Stanley
Nextera Energy Inc.
Procter & Gamble
Raytheon Technologies
Starbucks Corp.
Target Corp.
The Walt Disney Company
US Bancorp
Verizon Communications
Wells Fargo
Cisco Systems
Adobe Inc.
Emerson Electric
The Bank of New York Mellon
T-Mobile (ex T-Mobile US)
DETAILED SCORES EVOLUTION HERE
66 Upgrades / 159 Downgrades / 275 same score
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Boston Scientific | No Score | B | |
CDW | No Score | B | |
CSX | No Score | B | |
Cencora | No Score | B | |
Equifax | No Score | B | |
Parker Hannifin | No Score | B | |
Workday | No Score | B | |
Dell Technologies | No Score | B |
The following companies reported to CDP for the first time in
2024:
Boston Scientific
CDW
CSX
Cencora
Fair Isaac
Franklin Templeton
Hartford (The)
Kellanova
LKQ Corporation
O'Reilly Auto Parts
ON Semiconductor
Parker Hannifin
Royal Caribbean Group
Vistra
Palantir Technologies
Workday
Williams-Sonoma
Dell Technologies
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
Howmet Aerospace | B | D | |
Chubb Limited | B | D | |
Broadridge Financial Solutions | B | D | |
![]() |
American Tower | B | D |
The following companies stopped publicly reporting to CDP in 2024:
Dow Inc.
Alphabet Inc. Google
Union Pacific Corp
Southern Company
Accenture
Amazon.com Inc.
BlackRock Inc.
Apple Inc.
AT&T Inc.
Bank of America
Boeing
Capital One Financial
Devon Energy Corp.
Citigroup Inc.
Colgate-Palmolive
Comcast
Duke Energy
Ford Motor Company
General Electric
Goldman Sachs Group
ConocoPhillips
IBM Corp.
JPMorgan Chase & Co.
MasterCard Inc.
McDonald's Corp.
Meta Platforms, Inc
MetLife Inc.
Microsoft Corp.
Morgan Stanley
Nextera Energy Inc.
Procter & Gamble
Raytheon Technologies
Starbucks Corp.
Target Corp.
The Walt Disney Company
US Bancorp
Verizon Communications
Wells Fargo
Exelon
American Electric Power Co. Inc.
Cisco Systems
Kinder Morgan Inc.
eBay Inc.
Adobe Inc.
Emerson Electric
The Bank of New York Mellon
T-Mobile (ex T-Mobile US)
A. O. Smith
Akamai
Alliant Energy
Ameren
Ametek
Analog Devices
Arthur J. Gallagher & Co.
Automated Data Processing
Baker Hughes
Ball Corporation
Blackstone
CMS Energy
Campbell Soup Company
Carnival
Carrier Global
Cboe Global Markets
Charles River Laboratories
Cigna
Citizens Financial Group
Conagra Brands
Consolidated Edison
DTE Energy
Delta Air Lines
Discover Financial
Dominion Energy
EOG Resources
Ecolab
Enphase
Entergy
Evergy
Eversource
F5, Inc.
Federal Realty
Fifth Third Bank
FirstEnergy
Hess Corporation
Hilton Worldwide
Host Hotels & Resorts
Huntington Bancshares
Illinois Tool Works
Incyte
Intercontinental Exchange
Juniper Networks
KeyCorp
Las Vegas Sands
Live Nation Entertainment
Lululemon Athletica
LyondellBasell
M&T Bank
MSCI
Match Group
Mettler Toledo
Motorola Solutions
NRG Energy
Nasdaq, Inc.
NiSource
Northern Trust
PNC Financial Services
PPL Corporation
Palo Alto Networks
Pinnacle West
Raymond James
Regions Financial Corporation
Republic Services
Roper Technologies
Sempra Energy
State Street Corporation
Tractor Supply
Truist
Tyson Foods
United Airlines Holdings
WEC Energy Group
Western Digital
Weyerhaeuser
Zebra Technologies
Zimmer Biomet
Zoetis
HP Inc (ex Hewlett-Packard)
Hewlett Packard Enterprise
DETAILED SCORES EVOLUTION HERE
2024 CDP Scores by Company
Best Upgrades
Company | 2023 | 2024 | |
---|---|---|---|
Bureau Veritas | No Score | A | |
Coca-Cola Europacific Partners | No Score | A | |
Porsche | No Score | A- |
The following companies reported to CDP for the first time in
2024:
Fair Isaac
LondonMetric Property
CDW
Barratt Redrow
Hiscox
LKQ Corporation
ON Semiconductor
Workday
CSX
Hartford (The)
Coca-Cola Europacific Partners
Bureau Veritas
Vistra
Cencora
Royal Caribbean Group
Dell Technologies
Babcock International Group
Franklin Templeton
Boston Scientific
Kellanova
Palantir Technologies
Accor
O'Reilly Auto Parts
Parker Hannifin
Williams-Sonoma
Worst Downgrades
Company | 2023 | 2024 | |
---|---|---|---|
Howmet Aerospace | B | D | |
Chubb Limited | B | D | |
Broadridge Financial Solutions | B | D | |
3i | B | D | |
![]() |
American Tower | B | D |
The following companies stopped publicly reporting to CDP in 2024:
Target Corp.
NRG Energy
Nextera Energy Inc.
Sartorius
Enphase
Juniper Networks
BASF
Air liquide
Emerson Electric
Carrefour
Meta Platforms, Inc
Kinder Morgan Inc.
BlackRock Inc.
Allianz
Truist
Accenture
Merck
Verizon Communications
Starbucks Corp.
Goldman Sachs Group
Microsoft Corp.
LyondellBasell
EOG Resources
Tractor Supply
Carrier Global
International Airlines Group
Match Group
United Airlines Holdings
CMS Energy
Siemens Healthineers
Bunzl
General Electric
Heidelberg Materials
MTU Aero Engines
HP Inc (ex Hewlett-Packard)
Cisco Systems
Experian
Illinois Tool Works
Citizens Financial Group
Incyte
Deutsche Bank
Schroders
Tyson Foods
Cigna
Analog Devices
Charles River Laboratories
Discover Financial
Lululemon Athletica
Zimmer Biomet
Weyerhaeuser
Vinci
KeyCorp
Amazon.com Inc.
Ecolab
Southern Company
US Bancorp
NatWest Group
Nasdaq, Inc.
Deutsche Post
Colgate-Palmolive
State Street Corporation
DTE Energy
Consolidated Edison
Brenntag
JPMorgan Chase & Co.
AstraZeneca
The Walt Disney Company
Western Digital
Fifth Third Bank
Conagra Brands
NiSource
Raymond James
MSCI
Standard Chartered
M&T Bank
Hilton Worldwide
Zoetis
Crédit agricole
Symrise
Huntington Bancshares
Carnival
Exelon
Auto Trader Group
IBM Corp.
ConocoPhillips
Ametek
Michelin
Federal Realty
Unite Group
Dominion Energy
Entergy
Delta Air Lines
Melrose Industries
Motorola Solutions
Capital One Financial
Ameren
Eversource
Campbell Soup Company
Hewlett Packard Enterprise
A. O. Smith
Union Pacific Corp
Blackstone
F5, Inc.
Zalando
WEC Energy Group
Palo Alto Networks
Alliant Energy
Shell plc
RWE
Arthur J. Gallagher & Co.
Unilever
AT&T Inc.
Raytheon Technologies
MasterCard Inc.
Regions Financial Corporation
Hess Corporation
Adobe Inc.
Zebra Technologies
Devon Energy Corp.
Host Hotels & Resorts
Mettler Toledo
FirstEnergy
The Bank of New York Mellon
Comcast
Apple Inc.
Roper Technologies
Admiral Group
Imperial Brands
Republic Services
Alphabet Inc. Google
PPL Corporation
Evergy
Boeing
eBay Inc.
Las Vegas Sands
Henkel
Cboe Global Markets
Morgan Stanley
Baker Hughes
Hikma Pharmaceuticals
T-Mobile (ex T-Mobile US)
Northern Trust
Taylor Wimpey
MetLife Inc.
Sempra Energy
Intercontinental Exchange
Akamai
Ball Corporation
Procter & Gamble
Hermès International
Duke Energy
Citigroup Inc.
Pinnacle West
Automated Data Processing
PNC Financial Services
Ford Motor Company
Weir Group
Berkeley Group Holdings
Dow Inc.
American Electric Power Co. Inc.
Bank of America
McDonald's Corp.
Bouygues
Wells Fargo
Munich Re
TotalEnergies
Orange
Live Nation Entertainment
DETAILED SCORES EVOLUTION HERE
Still Low Transparency in Carbon Reporting
Note: Based on S&P 100 companies
Science-Based Targets: The Gold Standard
SBTi
% companies that committed or set science-based targets as validated by SBTi.
Note: Based on global companies tracked by Net0Tracker and SBTi latest report
Net Zero is Becoming Mainstream
Top 10 Revenue without Net Zero Target
Company | Revenue (USD) | Ranking | |
---|---|---|---|
![]() |
Berkshire Hathaway Inc. | 276.1 billion | #97 |
![]() |
AbbVie Inc. | 56.2 billion | #52 |
![]() |
Caterpillar Inc. | 51.0 billion | #89 |
![]() |
Abbott Laboratories | 43.1 billion | #57 |
![]() |
Capital One Financial | 32.0 billion | #34 |
![]() |
Broadcom | 27.5 billion | #99 |
![]() |
Altria Group Inc | 21.1 billion | #12 |
![]() |
Charles Schwab Corp | 19.0 billion | #96 |
![]() |
Advanced Micro Devices | 16.4 billion | #33 |
![]() |
American Tower | 9.4 billion | #65 |
Note: Based on S&P 100 companies
Still A long Way to Go to Reach Net Zero by 2050
Current Methodology:
- For each S&P 100 company, a GHG emission trajectory from 2019 to 2050 is calculated
- Historical GHG emissions (usually 2019-2021) are either based on self-reported data or an estimate when GHG reporting is either incomplete or absent.
- Future GHG emissions are calculated based on reduction targets that are publicly committed
- Two types of targets are considered: gross absolute emissions reduction and net zero targets.
- Net Zero targets are converted in gross emission reduction assuming a 90% decrease vs. 2020 (See Net Zero Standard by SBTi)
- Targets including incomplete scope 3 categories are excluded.
Is ESG Rating consistent with Climate Performance?
Analysis based on the Top 100 largest US companies (S&P 100)
ESG Ratings
In the analysis below, we'll use MSCI ESG ratings
- LAGGARD (CCC/B): A company lagging its industry based on its high exposure and failure to manage significant ESG risks
- AVERAGE (BB/BBB/A) A company with a mixed or unexceptional track record of managing the most significant ESG risks and opportunities relative to industry peers
- LEADER (AA/AAA) A company leading its industry in managing the most significant ESG risks and opportunities
Climate Alignment Ratings




We'll use the Implied Temperature Rise (ITR) from MSCI to measure the temperarure alignment of companies with global temperature goals. It is a forward-looking metric, expressed in degrees Celsius.
- True Leaders: Companies are combining strong ESG rating and climate-aligned goals.
- Climate/ESG Leader: Companies are leaders either in ESG or climate.
- Average: Companies have average ESG and climate scores.
- Laggards: Companies are laggards in either ESG or climate scores.
These charts were inspired by a conversation with Christine Uri on LinkedIn(LinkedIn) about the possibility of
achieving ESG without sustainability and vice-versa. She was absolutely right.
Many thanks to MSCI ESG Ratings & Climate Search Tool for providing free access to this data. Here's the Oct-22 MSCI
Net Zero Tracker report with additional insights.
Carbon Intensity Ranking
Carbon intensity is measured as the amount of Scope 1-2 GHG Emissions (expressed in metric tons of CO2 equivalent) per Million of Revenue (in USD)
Most carbon-intensive companies (all sectors)
Company | Year | CO2e (S1+S2) | Revenue (USD) | Intensity | |
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Southern Company | 2021 | 82.6 million | 23.2 billion | 3,557 |
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Duke Energy | 2021 | 78.1 million | 24.6 billion | 3,172 |
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Nextera Energy Inc. | 2021 | 43.0 million | 21.3 billion | 2,023 |
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ArcelorMittal | 2021 | 138.6 million | 76.6 billion | 1,808 |
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Linde plc | 2021 | 39.9 million | 30.8 billion | 1,295 |
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Air liquide | 2022 | 39.3 million | 31.5 billion | 1,246 |
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Veolia | 2021 | 30.5 million | 33.7 billion | 904 |
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Dow Inc. | 2021 | 32.2 million | 55.0 billion | 586 |
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Union Pacific Corp | 2021 | 9.5 million | 21.8 billion | 434 |
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Exxon Mobil | 2021 | 117.0 million | 280.5 billion | 417 |
Most carbon-intensive companies by sector
Company | Sector | Year | CO2e (S1+S2) | Revenue (USD) | Intensity | |
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Southern Company | Utilities | 2021 | 82.6 million | 23.2 billion | 3,557 |
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ArcelorMittal | Materials | 2021 | 138.6 million | 76.6 billion | 1,808 |
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Union Pacific Corp | Industrials | 2021 | 9.5 million | 21.8 billion | 434 |
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Exxon Mobil | Energy | 2021 | 117.0 million | 280.5 billion | 417 |
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American Tower | Real Estate | 2021 | 1.1 million | 9.4 billion | 119 |
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Texas Instruments | Information Technology | 2021 | 2.1 million | 18.3 billion | 113 |
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Michelin | Consumer Discretionary | 2022 | 2.3 million | 30.1 billion | 76 |
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PepsiCo Inc. | Consumer Staples | 2021 | 4.3 million | 79.5 billion | 53 |
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AT&T Inc. | Communication Services | 2021 | 5.5 million | 134.0 billion | 41 |
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EssilorLuxottica | Health Care | 2021 | 772,593 | 23.5 billion | 32 |
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US Bancorp | Financials | 2021 | 138,873 | 21.8 billion | 6 |