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IBM, Santander Brasil Top Newsweek Green Rankings
October 23, 2012
Environmental reporting increased significantly in the last year, according to Newsweek magazine’s ranking of the 500 largest U.S. companies and 500 largest global companies. However, environmental performance has much room for improvement.
Notably, disclosure by emerging markets companies increased by approximately 8 percent, reflecting a promising shift towards transparency in countries such as Brazil, Korea and India. For the first time, the global list was topped by three emerging markets companies, Banco Santander and Bradesco from Brazil, along with Indian IT leader, Wipro.
Companies on each list — the U.S. 500 and the Global 500 — are ranked by their overall Green Score. This score is derived from three component scores: an environmental impact score, an environmental management score, and an environmental disclosure score.
Top Ten Global Companies
- Santander Brasil, Brazil
- Wipro, India
- Bradesco, Brazil
- IBM, U.S.
- National Australia Bank, Australia
- BT Group, United Kingdom
- Munich Re, Germany
- SAP, Germany
- KPN, Netherlands
- Marks & Spencer Group, United Kingdom
Top Ten U.S. Companies
- Sprint Nextel
- CA Technologies
- Office Depot
Among other key findings, at the industry level Information Technology & Services and Technology Equipment remain the highest-ranking sectors on both the US and global lists. The two sectors improving the most in the 2012 Green Rankings are Food, Beverage, and Tobacco and Transport.
For the first time, the online feature of the Newsweek’s Green Rankings 2012 includes 20 unique industry pages, highlighting key areas of impact, strengths and weaknesses. In addition to generating overall rankings out of 500, readers can easily discern where companies rank relative to their industry peers in managing similar impacts and exposure.
The rankings are led by consulting firms Sustainalytics and Trucost. Read more about the methodology here.
@Bart_King is a freelance writer and communications consultant.