At the World Economic Forum at Davos, Corporate Knights, which is a magazine for 'clean capitalism', announced its ranking of the most sustainable corporations.
The Global 100 measures Energy Productivity, CO2 Productivity, Water Productivity, Waste Productivity, Leadership Diversity, CEO-to-Average Worker Pay, % Tax Paid, Sustainability Leadership, Sustainability Pay Link, Innovation Capacity & Transparency.
GE received the top spot due to its following achievements:
-- Leading ratio of sales to waste ($729,685 in sales per ton of waste)
-- Doubling of its carbon productivity (sales/tons of total CO2e) from 2006 to 2008
-- Cutting total carbon emissions from 10.8 million tons to 6.5 million tons
-- Strong board gender diversity (almost a quarter of directors were female)
Top 10 List
General Electric (US)
PG & E Corp. (US)
Tnt Nv Transportation (Netherlands)
H & M Hennes & Mauritz Ab Retailing (Sweden)
Nokia Corporation Tech. Hardware & Equip. (Finland)
Siemens Ag Capital Goods (Germany)
Unilever Plc (UK)
Vodafone Group Plc (UK)
Smiths Group Plc (UK)
Being on this list can increase a company's financial position as well. From its inception in February 2005, the Global 100 Most Sustainable Corporations have achieved a total return of 23.67%, outperforming its benchmark (the MSCI All Country World Index) by 334 basis points per annum to January 25th, 2010.
To view the entire list visit http://static.corporateknights.ca/PR_Global_2010_final.pdf