Their Gain, Our Loss: How polluting companies enrich shareholders at the expense of people and planet

Enriching major shareholders at the expense of society. That is the business model of big polluting companies. Milieudefensie, with contributions from Profundo and SOMO, investigated the profits, shareholder distributions and climate damage of 20 polluting companies and banks. These companies account for €761 billion in climate damage, but do far too little to prevent it. Indeed, since the Paris Climate Agreement, the companies collectively earned €317 billion of net profit that was almost entirely channelled to major shareholders rather than used to tackle the damage they are responsible for.