5 Most Capitalist Companies in the World

2. Saudi Arabian Oil Company (SAUDI:2222.SR)

ESG Risk Score: 45.3

ESG-Risk: Severe

Saudi Arabian Oil Company, more commonly known as Saudi Aramco, is the biggest carbon emitting corporation in the world. Aramco doesn’t disclose its scope-3 emissions but according to Bloomberg estimates, it’s likely about 1.6 billion tonnes of CO2 equivalents for 2019. That would roughly be 4% of overall global greenhouse gas emissions. Its ESG risk score is 45.3, and falls in the ‘severe’ category.