Only 32 fossil fuel firms account for half of world’s CO2 emissions, study shows

Saudi Aramco was the biggest state-controlled polluter and ExxonMobil was the largest investor-owned polluter.

Just 32 fossil fuel companies were responsible for half the global carbon dioxide emissions driving the climate crisis in 2024, down from 36 a year earlier, a report has revealed.

Saudi Aramco was the biggest state-controlled polluter and ExxonMobil was the largest investor-owned polluter. Critics accused the leading fossil fuel companies of “sabotaging climate action” and “being on the wrong side of history” but said the emissions data was increasingly being used to hold the companies accountable.