Acknowledgements

We gratefully recognize Feedback Global and Greenpeace for the sharing of finance data; Institute for Agriculture and Trade Policy (IATP) and GRAIN for the original production-based GHG emissions analysis methodology pioneered in the 2018 report Emissions Impossible as well as IATP and Changing Markets Foundation for the methodology in the 2022 report Emissions Impossible: Methane Edition, which w. [...] The research in this report expands the number of meat and dairy companies to 49, and calculates the financed and facilitated methane emissions of U. [...] bank financing of meat, dairy, and feed corporations and associated emissions: The GHG emissions of the 56 largest corporations involved in meat, dairy, and/or feed production are higher than the emissions of Japan (in 2020), the world’s eighth largest emitter.xxiii Only 22% of the 56 corporations disclose Scope 3 emissions; 56% do not report emissions at all.24 Using production data to calculate. [...] The research in this report expands the number of meat and dairy companies to 49, and calculates the financed and facilitated methane emissions of U. [...] Dollar for dollar of the Big Three’s loan volume, financing of corporations involved in meat, dairy, and/or feed production accounts for up to 9X the emissions of other high-emitting sectors, such as auto manufacturing and energy.xxviii • Bank of America: financed emissions intensity of these corporations is more than 2X that of auto manufacturing.