Financial markets implications of the energy transition: carbon content of energy use in listed companies

Financial Innovation

Table 6 CCE in GICS 2 sectors, median of listed companies, reference: 2020

GICS 2	Communication services	Consumer discretionary	Consumer staples	Energy	Financials
United States	0.106	0.094	0.081	0.083	0.098
Germany	0.070	0.090	0.063	0.054	0.082
China	0.178	0.153	0.106	0.080	0.170

GICS 2	Health care	Industrials	Information technology	Materials	Real estate
United States	0.084	0.086	0.109	0.072	0.076
Germany	0.082	0.084	0.074	0.092	0.069
China	0.137	0.115	0.166	0.140	0.172