Big Oil cleaning up its act with cuts to greenhouse gas pollution

London

IT is no secret that oil majors are among the biggest corporate emitters of pollution. What may be surprising is that they are reducing their greenhouse gas footprints every year, actively participating in a trend that has swept up most corporate behemoths.

Sixty-two of the world's 100 largest companies consistently cut their emissions on an annual basis between 2010 and 2015, with an overall 12 per cent decline during that period, according to a report from Bloomberg New Energy Finance (BNEF) released ahead of its conference in London on Monday.