Hansen has a spotless track record, with its first sustainability commitment dating back to 1949. Schneider Electric is the Most Sustainable Company of CAC 40. At the same time, we encourage them to set emission reduction targets aligned with climate science and to run their operations on green energy. Rest of the World: 6/100 Sustainable Companies. Beyond its innovative products, sustainability is also part of its daily business activities through its operational targets for the environment and responsible sourcing. Meanwhile, its sustainability efforts extend to its suppliers, as the company requires full transparency regarding greenhouse gas emissions and reduction targets to CDP (formerly the Carbon Disclosure Project) from their part. An excellent example of this is Novozymes’ laundry products which, all thanks to enzyme-based solutions, allow consumers to wash laundry at lower temperatures and reduce energy consumption. Feb 12, 2020 3:30 PM ETTweet This: The World’s Most Sustainable Companies Revealed https://bit.ly/38nBgK8 @CiscoBlogCisco Blog | Corporate Social ResponsibilityThey may not have the glitz and glamour of the Oscars or the Golden Globes, but two significant corporate sustainability award rankings were released healthcare sectors. Thankfully, more and more organisations are actively taking steps to integrate sustainability into their operations. With operations around the world, German-based Adidas is the manufacturer of Adidas and Reebok branded sporting equipment. The energy company’s portfolio boasts hydroelectric, wind, thermal and solar power facilities, which serve nearly 1 million people across North America. Corporate sustainability has become somewhat of a buzzword in the business world in recent years. Eating less meat. We believe that our transformation is proof that change is possible. What is the importance of sustainability in business? In other words, a company’s poor performance with any key stakeholder group determined to be financially material disqualified that company from consideration. Disclaimer Other notable companies such as Alphabet (at No. Each year, Corporate Knights rank the 100 Novozymes’ contributions have rightfully earned it a spot among the world’s most sustainable corporations. We develop offshore wind, onshore wind, solar energy and storage solutions, and are the global leader in offshore wind. Industry: Speciality and performance chemicals. The biotech company specialises in biological solutions, namely enzymes and microorganisms, that can be used to make products more sustainable. Transforming an energy company the size of Ørsted has not been easy, but it was necessary. Banco do Brasil has taken definite steps towards an environmentally friendly corporate model. There are a few notable mentions in other regions, too. Countries and businesses must take active, ambitious steps to reduce their emissions, and they must act now. In addition, to be considered among the 100 Most Sustainable Companies, a firm needed to be rated above the bottom quartile in all financially material stakeholder categories. Hansen Holding A/S: Food and other chemical agents Privacy Policy for Business Relations Ørsted develops, constructs and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers. The Global 100 Corporate Knights rank the 100 most sustainable companies in the world, ranking the top 1% on corporate sustainability performance. Sustainability is far beyond a trendy business initiative used for marketing purposes. Corporate Knights’ Global 100 sustainability index Each year, Corporate Knights rank the 100 most sustainable companies in the world, ranking the top 1% on corporate sustainability performance. address: The Black Church, St. Mary’s Place, Dublin 7, Ireland. As the only one this ranking is cross-sectoral, including industrials, financial, IT, … Privacy Notice - Recruiting You can also find tools to help write stories about us. The results of our 2019 Global 100 Most Sustainable Corporations in the World … Which of these companies’ efforts did you find the most impressive? Skærbæk most sustainable companies in the world, Today, it’s cheaper than newly built coal- and gas-fired power plants in most parts of the world. Its general approach to sustainabilityis to find the balance between shareholder expectations, respecting human rights and the needs of its employees. Ørsted ranks #1 in Corporate Knights' 2020 index of the Global 100 most sustainable corporations in the world and is recognised on the CDP Climate Change A List as a global leader on climate action. Indeed, their products are widely used across the manufacturing, architecture, media and entertainment industries. Taking reusable bags to the supermarket. Its next target is to become carbon neutral by 2025. By carefully examining over 7,200 publicly listed corporations with a minimum revenue of $1 billion, Corporate Knights’ Global 100 list showcases the world’s most sustainable companies of 2020. Companies who opt to truly integrate sustainability within their corporate model do so with due diligence by actively investing in more environmentally sound and ecologically conscious practices, as this global ranking shows. Their clients include Jack Wills, Thomas Cook and the National Trust. 62), Tesla (74), Samsung (80), Toyota (92), Lenovo (97), and L’oreal (98) also made the list—though … Let us know in the comments section below! It’s a game changer that has lifted the offshore wind industry from a niche to a global and rapidly growing industry with the potential to deliver green energy to hundreds of millions of people. “The world’s most sustainable company 2019” ranks no. We’ll completely phase out the use of coal by 2023 and generate nearly 100% green energy by 2025. Out of the 100 who made the cut, however, 10 distinguished themselves from this global ranking through their environmentally sound practices. Sustainable companies don’t just make the world a better place, they offer higher returns and longer lifespans. Read more about taking action in our paper. Calvert Research & Management, a unit of Eaton Vance, produced a weighted-average sustainability ranking for large publicly traded companies, and then sorted them for Barron’s from the highest to the lowest, producing this table of the top 100. Hansen, which derives more than 80% of its revenue from the development of natural solutions for food preservation and crop protection, and alternatives to antibiotics for animals. Its renewable jet fuel is refined from waste and sustainable raw materials, while its renewable diesel allows drivers to reduce their greenhouse gas emissions by a whopping 90%. For its own operations, Autodesk relies on 100% renewable energy to power its buildings, data centres and cloud services – a commendable achievement for any energy-intensive business. While there may be costs associated with transforming business models to align with science, the cost of not taking action is considerably higher. - Henrik Poulsen, former CEO, Ørsted (2012-2020), increased the percentage of revenue earned from renewable energy by 10% from 58.4% to 68.1% in 2018-2019, increased carbon productivity and water productivity by more than 50% due to cuts in absolute carbon emissions and lower water use combined with higher revenues, increased the percentage of female directors from 33% to 38%, paid a fair share of tax: 34% cash tax/EBITDA over past five years, placing the company in the 92. The company’s sustainable initiatives are aligned with the UN’s SDGs, placing emphasis on promoting efficient food production, using nutritious products for wellbeing and sustainable food consumption. An Elite CafeMedia Publisher - Update Privacy Preferences. All it takes is for businesses to be willing to take the leap towards a more sustainable and greener future. In 2006, its business model took a 180-degree turn, transforming itself from a fossil fuel-intensive energy utility to one of the largest renewable energy companies in the world. Ditching plastic straws at the bar. 7000 Fredericia Through innovation and large-scale deployment of offshore wind technology, we’ve helped bring down the cost of offshore wind. Among other innovations put forward by Neste are its bio-based plastics and chemicals made from waste and residue fats and oils. By employing sustainable practices, the company has significantly reduced its carbon footprint through its operations and aims to reach its green goals before the EU meets its own climate targets. But what does sustainability mean, exactly? Novozymes’ contributions have rightfully earned it a spot among the world’s most sustainable corporations. 9 in Barron’s first annual list of most sustainable companies. However, its ecological efforts don’t end there, as the global banking corporation aims to power all its buildings worldwide with 100% renewable energy by 2020. This will help us achieve carbon neutrality across the company's entire carbon footprint by 2040, ten years ahead of the global target for net-zero emissions as required by climate science to limit global warming to 1.5ºC. Offshore wind energy Investors are increasingly seeking out environmentally sustainable companies and look for transparency when it comes to the climate impacts of their investments. ING is also the very first bank in the world that has vowed to exit the coal industry and eliminate its coal power generation by 2025. Moving forward, these demands will continue to guide consumer sentiment and loyalty. This isn’t to say that socially responsible companies are unconcerned with profit (probably not the most sustainable step for for-profit companies). Headquartered in Denmark, Ørsted employs 6,120 people. Today, it is a leading offshore wind developer, providing over 13 million people with clean energy. Our key drivers for combating climate change are: Phase out coal Meet the UK’s most sustainable companies in this blog… 548227, reg. Through its 2019–2021 sustainability plan, the company has outlined how it aims to address these goals and promote sustainability through its own operations. more about our renewable energy solutions. Faced with the existential threat of the global climate emergency, companies all over the world are beginning to explore more sustainable ways of doing business. The ranking is cross-sectoral, including the industrial, financial, IT, consumer and health care sectors. Card payments collected by DeltaQuest Media, company no. Privacy policy Although Chr. And increasingly companies are “going green” too. As one of the world’s largest circulation (147K+) magazines focused on the intersection of business and society, Corporate Knights is also a prominent brand in the clean capitalism media space. Cisco Systems also slashed its greenhouse gas emission by 45% and sourced 82% of its electricity from green energy sources. Our commitment is to halve the carbon emissions from our energy trading and our supply chain by 2032, as compared with 2018. As a renewable energy and regulated utility conglomerate, Algonquin Power & Utilities Corp has actively invested in green energy and sustainable utility distribution through its operating subsidiaries Liberty Power and Liberty Utilities. 2. As a biotechnology company, it conducts genomic research. We’re ranked the most sustainable company in the world in the Corporate Knights 2020 Global 100 index of most sustainable corporations. Our energy solutions are leading the green transformation, Our sustainability strategy makes our commitment operational and tangible, We believe that it's time to take real action to create a world that runs on green energy. This further reinforces their ‘think global, act local’ business model, which aims to form mutually beneficial relationships between all the company’s stakeholders. But we dismantled our fossil fuel business and now focus entirely on renewables. While we’re proud and grateful to be ranked the most sustainable company in the world, we’re painfully aware that the world must speed up green action to stay below the 1.5°C limit for global warming that is outlined in the Paris Agreement on climate change. Syngenta AG is a global Swiss agribusiness producing agrochemicals and seeds. 3. We’re also the first utility to top the Global 100 since the index’s inception in 2005. In fact, Chr. sustainability performance. Business sustainability is not just a moral imperative, but also good business practice. Brazil’s Banco do Brasil remains in the top ten list, and is one of the three most sustainable companies in all of South America. See all Ørsted's sites. According to Corporate Knights, Ørsted moved up to the #1 place in the 2020 ranking because the company*: *These statistics are based on our 2018 data set. We’re reducing emissions much faster than what climate science outlines as necessary to limit global warming to 1.5°C. As we’re close to having eliminated the carbon emissions from our energy production, we’re now embarking on the next frontier in our decarbonisation journey. Change is critical as the world faces the climate emergency. They’re considering their long-term impact on the local environment, community and economy and asking whether their business makes a measurable, positive contribution. Hansen is dedicated to developing natural solutions such as cultures, enzymes and probiotics used in a range of industries in a bid to reduce food waste, antibiotic overuse and harmful agricultural practices. We made the decision to change our business based on the realisation that fossil fuels were neither environmentally nor financially sustainable. The biotech company specialises in biological solutions, namely enzymes and microorganisms, that can be used to make products more sustainable. Without further ado, here are the 10 most sustainable companies in the world. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). With three Danish companies in the top ten, Denmark shows clear leadership in sustainability. This can come in many different forms, starting from using clean, renewable energy, averting waste from land fields and funding local community developments. By following a strict environmental and social risk framework to evaluate all its transactions, policies and clientele, it has also placed great emphasis on the ecological impact on its financing decisions, aiming to ‘finance change’ through its influence. Right now, going green is a competitive differentiator, but in the near future, it will be the key to staying in business. By integrating sustainable design features within their products, Autodesk encourages sustainability by allowing its customers to become pioneers of net-zero energy buildings, smart cities and green manufacturing. Making a buck, after all, is important to investors, employees and vendors. By 2025, the tech giant aims to incorporate circular design principles in all its new products in a bid to reduce the overconsumption of natural resources by reducing and reusing products and packaging. The Global 100 Corporate Knights rank the 100 most sustainable companies in the world, ranking the top 1% on corporate sustainability performance. As an oil refining and marketing company, Neste Oyj focuses extensively on producing innovative products with a reduced environmental impact. The improved ranking reflects the substantial growth of our business alongside the dramatic reductions in our carbon emissions. Any public company with revenue of at least $1B USD is screened for various factors such as sufficient sustainability reporting. It’s fair to say many of us are changing our behaviour to be more environmentally friendly. No—companies are just embracing their responsibility to have a positive impact on the well-being of the communities they benefit from and weaving that obligation into the fibers of their business. As a multinational banking corporation, the ING Group has invested billions in green energy projects and organisations committed to battling climate change. Sustainability is mission-critical to Clorox, which ranks No. The company’s extensive portfolio consolidates its mission to replace fossil fuel with clean and renewable alternatives. Another upcycling company, Wyatt & Jack creates sustainable bags and accessories from upcycled beach deckchair canvas and retired bouncy castle vinyl PVC. In 2019, consumers were able to save 76 million tonnes of carbon emissions by using Novozymes’ products, an equivalent to nearly 32 million cars being taken off the road. Of course, this also applies to its own supply chain by placing emphasis on the slashing of emissions and consumption. Science tells us that we need to halve global carbon emissions by 2030 to avoid climate catastrophe, yet emissions continue to rise year on year. Denmark, Modern Slavery Act Statements Having allocated a grand €16.6 billion budget, it plans to invest in the development of renewable energy sources and network digitalisation. We also have a target of achieving a carbon neutral footprint by 2040. Storebrand ASA | Norway | Financials. Our business was initially based on fossil fuels, and we were one of the most coal-intensive energy companies in Europe. Hansen was dethroned from the top spot in last year’s list, the global bioscience company remains as purpose-driven as ever. Employees can earn flexible time off and have a lifetime working time account to bank time to use as p… The Ørsted vision is a world that runs entirely on green energy. We have reduced our carbon emissions by 86%, and by 2025, we’ll be carbon neutral in our energy generation and operations. Leading the way is Chr. What makes Ørsted the most sustainable company in the world? The Italian multinational energy company has committed to six of the UN’s development goals, including providing access to affordable, clean energy, innovation and infrastructure, and climate action. The ING Group is also committed to retaining its carbon neutrality, a status that it has held since 2007 through carbon offsetting initiatives. Read Siemens AG | Germany | Industrials. This statistic displays the most sustainable companies in the United States in 2020. For over a decade, Cisco Systems has been pursuing eco-friendly operations. Get a complete overview of Ørsted's Investor relations, We invest significantly in employee development as our people are our most important catalyst for our future growth. This year’s Global 100 ranking of the world’s most sustainable companies suggests that performing well on sustainability issues not only makes you more money, it helps you live longer, too—a rosier take on the cliché that nice guys finish last. See all the latest Ørsted news and press releases. All rights reserved. ©2021 DeltaQuest Media. Explore our frequently asked questions to find out more about Corporate Knights and business sustainability. 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