We’re also the first utility to top the Global 100 since the index’s inception in 2005. Offshore wind energy  Employees can earn flexible time off and have a lifetime working time account to bank time to use as p… The biotech company specialises in biological solutions, namely enzymes and microorganisms, that can be used to make products more sustainable. 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. And increasingly companies are “going green” too. Most sustainable companies Blaming huge corporations for denying climate science and contributing to pollution is a common thread in the discourse around climate change, from studies on carbon emissions to the Exxon Knew campaign . The improved ranking reflects the substantial growth of our business alongside the dramatic reductions in our carbon emissions. most sustainable companies in the world, We have reduced our carbon emissions by 86%, and by 2025, we’ll be carbon neutral in our energy generation and operations. We do this by gradually phasing out natural gas trading activities while increasing the green share of power traded. Novozymes’ contributions have rightfully earned it a spot among the world’s most sustainable corporations. #14. As a biotechnology company, it conducts genomic research. Another upcycling company, Wyatt & Jack creates sustainable bags and accessories from upcycled beach deckchair canvas and retired bouncy castle vinyl PVC. Today, it’s cheaper than newly built coal- and gas-fired power plants in most parts of the world. Companies, we all know, need to make a profit to prosper and survive. McCormick & Company: Food and Beverage Production: United States: … Denmark, Modern Slavery Act Statements Banco do Brasil’s decade-long partnership with the National Water Agency and the World Wildlife Fund have allowed the multinational bank to support the agriculture, transportation and energy sectors, enabling Brazil’s transition to a green economy. 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. 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. But we dismantled our fossil fuel business and now focus entirely on renewables. Privacy Policy for Business Relations Which of these companies’ efforts did you find the most impressive? 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. 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. Ørsted has jumped up the Global 100 ranking in the past three years, from #70 in 2018, to #4 in 2019, and now #1 in 2020. An Elite CafeMedia Publisher - Update Privacy Preferences. In 2019, the group's revenue was DKK 67.8 billion (EUR 9.1 billion). Siemens AG | Germany | Industrials. We develop offshore wind, onshore wind, solar energy and storage solutions, and are the global leader in offshore wind. 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. Adidas strives to provide the best lifestyle for its employees by including creative scheduling and time off models. According to the 2020 ranking by Corporate Knights, the top green companies in the world are: Kraftværksvej 53 As the only one this ranking is cross-sectoral, including industrials, financial, IT, … Storebrand ASA | Norway | Financials. While there may be costs associated with transforming business models to align with science, the cost of not taking action is considerably higher. 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. ranking the top 1% on corporate The Global 100 top rank is a humbling recognition of our transformation from a fossil-fuel based energy company to a global green energy company in the past decade. 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. Moving forward, these demands will continue to guide consumer sentiment and loyalty. Chr. 2 on Corporate Knights’ list for 2020. We made the decision to change our business based on the realisation that fossil fuels were neither environmentally nor financially sustainable. 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%. Using the UN’s global sustainability goals as the guiding light for its sustainability programmes and initiatives, the company has taken significant steps towards decarbonising its operations and reducing emissions in its supply chain. 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. Syngenta AG is a global Swiss agribusiness producing agrochemicals and seeds. The Global 100 Corporate Knights rank the 100 most sustainable companies in the world, ranking the top 1% on corporate sustainability performance. 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. 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. 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. The energy company’s portfolio boasts hydroelectric, wind, thermal and solar power facilities, which serve nearly 1 million people across North America. Sustainable companies don’t just make the world a better place, they offer higher returns and longer lifespans. A decade ago, we were one of the most fossil fuel intensive energy companies in Europe. This further reinforces their ‘think global, act local’ business model, which aims to form mutually beneficial relationships between all the company’s stakeholders. All it takes is for businesses to be willing to take the leap towards a more sustainable and greener future. Other notable companies such as Alphabet (at No. more about our renewable energy solutions. Taking reusable bags to the supermarket. As the most sustainable company in the world, Ørsted has come a very long way since its origins. It’s fair to say many of us are changing our behaviour to be more environmentally friendly. Of course, Novozymes’ sustainability efforts extend to its operations and processes, as evidenced in its commitment to divert its energy from coal to wood chips as part of a partnership with Orsted (which also appears on this list). This can come in many different forms, starting from using clean, renewable energy, averting waste from land fields and funding local community developments. 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. But what does sustainability mean, exactly? 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. 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. According to the Toronto -based sustainable business magazine and research company's latest data crunching, the world's most sustainable corporation in 2019 is … We believe that our transformation is proof that change is possible. Our commitment is to halve the carbon emissions from our energy trading and our supply chain by 2032, as compared with 2018. Cisco Systems also slashed its greenhouse gas emission by 45% and sourced 82% of its electricity from green energy sources. Its sustainability plan, also known as Agenda 30 BB, was formed based on the UN’s sustainable development goals and is focused on five pillars: people, planet, prosperity, peace and partnership. The company’s extensive portfolio consolidates its mission to replace fossil fuel with clean and renewable alternatives. Schneider Electric is the Most Sustainable Company of CAC 40. 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. This isn’t to say that socially responsible companies are unconcerned with profit (probably not the most sustainable step for for-profit companies). Privacy Notice - Recruiting Without further ado, here are the 10 most sustainable companies in the world. Each year, Corporate Knights rank the 100 Leading the way is Chr. Since 2005, Corporate Knights has produced the annual Global 100 index of the world’s most sustainable companies – an authoritative and widely-respected index of corporate sustainability performance. Having allocated a grand €16.6 billion budget, it plans to invest in the development of renewable energy sources and network digitalisation. What makes Ørsted the most sustainable company in the world? Sustainability is far beyond a trendy business initiative used for marketing purposes. 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. 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. The company’s decarbonisation strategy involves acquiring high carbon emission assets and transitioning them into clean energy sources that can power communities by delivering clean and affordable energy. Thankfully, more and more organisations are actively taking steps to integrate sustainability into their operations. Of course, this also applies to its own supply chain by placing emphasis on the slashing of emissions and consumption. According to the Toronto-based sustainable business magazine and research company's latest data crunching, the world's most sustainable corporation in 2019 … 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 Although Chr. Banco do Brasil has taken definite steps towards an environmentally friendly corporate model. Starting with its circular economy practices, the pioneering multinational technology company has managed to upcycle over 13,946 tonnes of returned products in 2019. See all Ørsted's sites. Sustainability and innovation are at the core of Enel’s operations. healthcare sectors. In Autodesk’s own words, they ‘make software for people who make things’. Right now, going green is a competitive differentiator, but in the near future, it will be the key to staying in business. ©2021 DeltaQuest Media. Hansen was dethroned from the top spot in last year’s list, the global bioscience company remains as purpose-driven as ever. CareerAddict is a registered trademark of DeltaQuest Media. Cookie policy 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. 548227, reg. Making a buck, after all, is important to investors, employees and vendors. Hansen has a spotless track record, with its first sustainability commitment dating back to 1949. Transforming an energy company the size of Ørsted has not been easy, but it was necessary. Let us know in the comments section below! Read Industry: Speciality and performance chemicals. Their clients include Jack Wills, Thomas Cook and the National Trust. The Ørsted vision is a world that runs entirely on green energy. What is the importance of sustainability in business? We’ll completely phase out the use of coal by 2023 and generate nearly 100% green energy by 2025. Beyond its innovative products, sustainability is also part of its daily business activities through its operational targets for the environment and responsible sourcing. 7000 Fredericia Rank 2020 Rank 2019 Company Peer Group Country Overall Score; 1: 4: Orsted A/S: Wholesale Power: Denmark: 85.20%: 2: 1: Chr. As an oil refining and marketing company, Neste Oyj focuses extensively on producing innovative products with a reduced environmental impact. The ING Group is also committed to retaining its carbon neutrality, a status that it has held since 2007 through carbon offsetting initiatives. Today’s visualization pulls data from Corporate Knight’s 2019 Global 100 report, which ranks the most sustainable corporations in the world. In other words, a company’s poor performance with any key stakeholder group determined to be financially material disqualified that company from consideration. Its general approach to sustainabilityis to find the balance between shareholder expectations, respecting human rights and the needs of its employees. Business sustainability is not just a moral imperative, but also good business practice. Indeed, their products are widely used across the manufacturing, architecture, media and entertainment industries. They’re considering their long-term impact on the local environment, community and economy and asking whether their business makes a measurable, positive contribution. Through its 2019–2021 sustainability plan, the company has outlined how it aims to address these goals and promote sustainability through its own operations. industrials, financial, IT, consumer and As the only one Umicore is the most sustainable company on earth this year, according to a new ranking. You can also find tools to help write stories about us. Rest of the World: 6/100 Sustainable Companies. 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