Is There A Link Between Environmental Protection And Performance?

Jan. 13, 2005
Like a number of other multinationals, the Bayer Group, a Germany-based chemical and pharmaceuticals firm, this spring is including an environmental review with its annual report to shareholders. After all, it's good public relations. But also this ...

Like a number of other multinationals, the Bayer Group, a Germany-based chemical and pharmaceuticals firm, this spring is including an environmental review with its annual report to shareholders. After all, it's good public relations. But also this spring comes a report linking superior corporate environmental performance with superior competitiveness and profitability. During 1999, the four leading environmental performers among 18 large-cap U.S. manufacturers financially outperformed their industry rivals by 30%, states Innovest Strategic Value Advisors, New York. The four -- Thermo Electron Corp., ITT Industries Inc., United Technologies Corp., and Minnesota Mining & Manufacturing Co. -- scored highly in a 60-point analysis of environmental management capabilities as well as in their capacity to capitalize from environmentally driven market opportunities, explains the investment advisory firm. Just below the leaders -- but still ranking above average in their ability to link environmental and financial performance -- were National Service Industries, Stanley Works, Honeywell International Inc., Johnson Controls Inc., and Corning Inc. Information about the report, "The Manufacturing Industry: Hidden Risks and Value Potential for Strategic Investors," can be obtained by calling Marc Brammer, Innovest Strategic Value Advisors, 212-421-2000.

Popular Sponsored Recommendations

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

Powering Up Productivity: The Transformative Power of AP Automation in Manufacturing

Oct. 25, 2023
Discover how AP Automation is revolutionizing the manufacturing industry, driving efficiency, cost savings, and security. In today's world, automation is the key to staying competitive...

The Benefits of Continuous Thermal Monitoring

Oct. 17, 2023
Read this eBook to learn more about collecting and using data intelligently to improve performance.

State of Sales Report

Sept. 12, 2023
Discover the latest insights driving productivity and efficiency for more than 7,700 sales leaders and professionals.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!