Company Profiles

The EU Emissions Trading Scheme is dominated by a relatively small number of powerful companies. Power companies are generally short of permits and are therefore required to make effort to cut their carbon under the scheme. On the other hand, the industrial giants of steel and cement currently have far more permits than they actually need. This means that many are able to make windfall profits, or store up the potential to pollute long into the future.

This page currently highlights the biggest corporate beneficiary of the EU Emissions Trading Scheme, the world’s largest steel company, ArcelorMittal. In the New Year we will be launching a full report on how different companies are faring under the ETS and with that, more company profiles.

In the meantime, if you are concerned about the money being made by ArcelorMittal under the ETS vote for them to win the public eye award for worst company at this year's awards in Davos.

We have been able to produce this map with the generous assistance of Carbon Market Data who have carefully matched EU polluting installations, with their parent companies. Their online database is available at www.carbonmarketdata.com