Move over Fortune 500…a newer and more sustainably relevant benchmark listing is starting to make some news. And fortunately this benchmark would have no difficulty fitting into our Enviro News and Events page…since, well…it’s all about who’s being green.
While it’s always interesting, in a general trivia sort of way to see who are the biggest companies in the world or in a particular country, environmentalists and those who understand the environmental challenge currently upon us would probably put more stock in knowing which companies are doing the most to be green.
The annual ranking, which uses a complex methodology revolving around key areas of impact, management and disclosure provides a bit of a window as to not only which companies are ranking as the “Greenest” but also delves into which countries are best represented and even which industries tend to lead the way.
According to the rankings the worlds greenest company was Brazilian bank Satander Brasil. 2nd was Wipro of India, an IT and telecommunications company and rounding out the Top 3 was another Brazilian financial institution Bradesco.
Brazil and India led the way in this ranking with each having 3 companies in the Top 20. The top American company was IBM in 4th place, while the top Canadian firm was Bell Canada Enterprises, which ranked 13th. Overall Canada had 18 companies listed in the Top 500 which were heavily weighted towards financials, but also included companies such as aerospace company Bombardier at number 89, Thomson Reuters at number 238, retailer Loblaw at number 284 and even auto parts behemoth Magna at number 352.
Where nations are concerned, the United States led with 162 companies in the Top 500. Other notable countries included Japan with 53 companies listed, China with 38, the United Kingdom with 36, Brazil with 14, India with 13, and Australia with.
The Newsweek publication also took time to mention (in the US anyway) which companies were faring the poorest. The top 3 Least Green companies in America were Blackrock Investments, followed by leading coal producer Alpha Natural Resources and CF Industries Holdings who are involved in the manufacturing and distribution of fertilizer.
It’s hoped that rankings such as this will continue to evolve and hold greater weight in the eyes of both investors and consumers to the point where companies view the ranking as something to aspire to, much as the Fortune 500 and others do today.
To see the full in depth analysis and report on the 500 Greenest Companies in the World, simply FOLLOW THIS LINK