The agribusiness industry presents itself as part of the solution to climate change. The major firms spend significant sums to promote the message that corporate, industrial agriculture is compatible with fighting climate change. But they are wrong. This report demonstrates that multinational agribusiness companies are part of the problem, not the solution, by revealing the true extent of their overall contribution to dangerous climate change. So far, most agribusiness companies have got away with underestimating their true impact because they only declare their direct emissions. Many emissions are not direct, but arise from the end use of their products or from their supply chains.