The Carbon Bankroll

New research makes it possible to calculate the emissions generated by a company’s cash and investments (cash, cash equivalents, and marketable securities). This research illuminates that this previously hidden emissions source is substantial. For some of the world’s largest companies, including Alphabet, Meta, Microsoft, and Salesforce, their cash and investments are their largest source of emissions. In fact, for Alphabet, Meta, and PayPal, the emissions generated by their cash and investments (financed emissions) exceed all their other emissions combined

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