The 5 most sustainable companies in the world

Corporate Knights released its top 100 most sustainable global companies ranking.

On January 22nd 2019, on the occasion of the World Economic Forum held in Davos, Switzerland, the Canadian research institute Corporate Knights released the 15th annual Global 100 Most Sustainable Corporations in the World ranking.

More than 7.500 publicly listed companies all over the world were evaluated on a set of environmental, social and governance key performance indicators.

1 – Chr. Hansen

The Danish Chr. Hansen scored 100% on the ‘clean revenue’ indicator and was ranked the most sustainable company in the world. Chr. Hansen is a global bioscience company developing and producing cultures, enzymes, probiotics and natural colors for a rich variety of foods, confectionery, beverages, dietary supplements and animal feed. 

The world is beginning to understand the power of good bacteria and the impact it can have on some of the major challenges the world is facing, such as food waste, antibiotic overuse and the need for a more sustainable agricultural sector to feed a growing world population while preserving our planet for future generations,” says CEO Mauricio Graber.

“Chr. Hansen is dedicated to promoting a wider adoption of natural solutions, and we are truly proud of our products which are consumed by more than 1 billion people every day. Having a global reach like that is indeed a great responsibility as well as an opportunity to make a positive difference for people, animals and plants.”, Graber added.

2 – Kering SA

The French Kering SA ranked second. A global Luxury group, Kering manages a series of renowned brands: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ulysse Nardin, Girard-Perregaux, as well as Kering Eyewear.

On their website, the group declares that “it is taking steps to reduce its environmental footprint and preserve the planet and its natural resources (…). The Group sources raw materials in sustainable ways, preserves biodiversity and meets the highest standards of health, safety and animal welfare.”

Hopefully they will soon stop producing leather goods…!

3 – Neste Corporation

Third place goes to Neste Corporation from Finland. Over the past ten years, Neste has focused on producing renewable fuels to replace fossil fuel use.

4 – Ørsted 

Ørsted, one of the main green energy groups in Northern Europe, based in Denmark, was awarded the 4th position in the ranking. In less than 10 years they were able to triple the production of wind power.They also use enzymes to transform unused household waste into bioenergy.

5  – GlaxoSmithKline plc

The British pharmaceutical group GlaxoSmithKline plc ranked 5th in the ranking. They aim to reduce their environmental impact by one quarter within 2030, cutting greenhouse gas emissions, reducing water impact and redirecting waste for beneficial use.

What about Italian companies? Are they sustainable?

The ranking only lists 2 Italian companies within the 100 most sustainable ones in the world, i.e. ERG (ranked 16th) and Intesa Sanpaolo (80th).

16 – ERG

The first one was able to question its own traditional core business, i.e. oil, turning first into a multy-energy company and then into a player in the sector of renewable energy. It is ranked 16th in the international ranking.

80 – Intesa Sanpaolo

Intesa Sanpaolo, the only Italian bank listed among the top 100, is ranked 80th. The large banking group received several awards and was listed in a few rankings relative to sustainability. Intesa Sanpaolo wants to be a “responsible financial intermediary that generates collective value knowing that innovation, development of new products and services and corporate responsibility can contribute to reducing the impact on society of phenomena such as climate change and social inequality.”

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