Most sustainable firms continue to focus on their climate and environmental efforts despite coronavirus crisis, Corporate Knights finds
Schneider Electric, Ørsted, and Banco de Brasil have been named the world’s most environmentally-sustainable major companies in the annual Global100 league table from Corporate Knights, securing plaudits for retaining sustainability as a top business priority in 2020 despite the devastating impacts of the coronavirus crisis.
Sustainability non-profit Corporate Knights carried out a “rigorous assessment” of over 8,000 corporates worldwide boasting more than $1bn in revenue in order to come up with the latest edition of its annual rankings of the 100 most sustainable corporates.
Released today, the rankings placed Schneider Electric SE at the top, after the French digital energy and automation specialist last year earned 70 per cent of its revenue from “sustainable solutions” while directing 73 per cent of its investment towards green goals, according to Corporate Knights.
Meanwhile, Danish energy giant Ørsted sits at number two, having dropped a place from last year’s rankings, and Banco de Brasil’s large green loan book has seen it come in at number three in the rankings. Finnish biofuel and oil refining company Neste slipped from third to fourth place this year, and Canadian engineering services firm Stantec Inc rounded out the top five, the rankings show.
The highest ranking British companies on the list were Atlantica Sustainable Infrastructure plc in ninth place, while telecommunications giant BT Group reached number 35, ahead of consumer goods giant Unilever at number 79.