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"polluting companies" is correct and usable in written English.
You can use it to refer to companies that pollute the environment, either directly (by releasing chemicals or burning fuel) or indirectly (through their supply chain and manufacturing processes). For example, "Regulating polluting companies is a necessary step in protecting the environment."
Exact(59)
In 2008, the China Securities Regulatory Commission issued the Notice on the Environmental Scrutiny of IPOs for Heavy Pollution Industries, setting higher environmental criteria from the very beginning for heavily polluting companies' going public.
Local officials are shielding polluting companies and covering up environmental degradation, say environmentalists.
The polluting companies her husband campaigned against remain open and the authorities have closed only unprofitable ones, she says.
There is also a "green trade " initiative, announced last October, that threatens polluting companies with suspension of their exports.
Dr. Armendariz resigned in April after Republican critics of the E.P.A. circulated a 2010 video in which he declared that the agency should "crucify" polluting companies.
When Republicans push through environmental ripper bills drafted by polluting companies, would George W. Bush have the courage to veto them as President Clinton did?
On Friday, the Chinese State Council said it planned to begin claiming compensation from polluting companies and individuals, particularly those who damage state property, over the next two years.
Vattenfall and other builders and operators of British renewable energy projects get subsidies from the renewable obligation program, a fund that collects about £1.4 billion a year in penalty payments from polluting companies.
But the price of permits has never been high enough for long enough to force polluting companies to make deep and lasting changes to the way the use or generate energy.
But while it will add to the costs of struggling companies, it could also give Beijing another tool to bring wayward industries in line with state policies and to force polluting companies to close.
Similar(1)
And in addition to providing your breakfast, lunch and dinner, they are some of the world's most-polluting companies.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com