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. If you want to see the other companies which made it to the Global 100, you can check the full rankings. Who made this year’s list? Out of the 100 who made the cut, however, 10 distinguished themselves from this global ranking through their environmentally sound practices. 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. 2. Most transparent companies in the financial sector on anti-corruption programmes 2011 Profits of the VF Corporation worldwide by segment in 2020 KEPCO's sales revenue South Korea 2014-2019 Ditching plastic straws at the bar. 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. Financial Management UniFirst’s sustainability and social efforts have earned the company the No. 0 26 1 minute read. The best-prepared businesses see opportunities as well as risks and are preparing accordingly. Hansen, a bioscience company, is also from Denmark. World Market Outlook for Concentrated Solar Power 2020 – Industry Trends... How Waste CO2 Is Helping To Turn Renewable Energy Into Liquid... Electric Car Sales Are On The Rise – Is Coronavirus A... REE Automotive Hits The Track With Three Fully Modular, Next-Generation EV... Industry Giants Commit To Transparent Reporting Of Shipping Emissions, The Countries Where Electric Vehicles Dominate, Perovskite Solar Cell: The Future Of Solar Energy, The Electric Vehicle Charging Guide For Cities, The Surge Of Electric Vehicles In United States Cities. 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. Global 100 index: Ørsted is the world's most sustainable company Renewable energy company Ørsted is the world's most sustainable company according to the Global 100 ranking announced today. Hansen Holding A/S (2nd) and Novozymes A/S (6th). Chr. Annual South African Day Traders Survey 2020; About; Search. The world’s most sustainable corporation in 2020 is Danish renewable energy provider Ørsted. The electricity company climbed 69 spots since 2018. As the demand for silicon carbide continues to increase, we’re poised for exponential growth and proud to be doing it sustainably. Beyond its innovative products, sustainability is also part of its daily business activities through its operational targets for the environment and responsible sourcing. 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. 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. As a multinational banking corporation, the ING Group has invested billions in green energy projects and organisations committed to battling climate change. Employee Management Philips is recognized for doing business sustainably and responsibly and for its transparency through its environmental and social disclosures and programs. Of course, this also applies to its own supply chain by placing emphasis on the slashing of emissions and consumption. For more insights, Corporate Knights also published a report. 2. The 2020 Global 100 ranking A decade ago, the energy company, formerly known as Danish Oil and Natural Gas (DONG), produced 85% of their supply through fossil fuels. Banco do Brasil has taken definite steps towards an environmentally friendly corporate model. 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. Fellow Danish companies joining Ørsted in the top ten are Chr. LightCradle is a digital magazine focusing on topics relating to clean energy, sustainability, renewables, technology, and the environment. Although Chr. Today, it is a leading offshore wind developer, providing over 13 million people with clean energy. It was the top ranked company in 2019. Thanks to its efforts, the company has reduced its greenhouse gas emissions by 41% over the last decade, earning it a place among the world’s most sustainable companies. 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. Financial health Ørsted A/S from Denmark claimed the ‘most sustainable’ title for 2020. 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. Hansen Holding was the first in rank in the 2019 list. Corporate sustainability has become somewhat of a buzzword in the business world in recent years. Let us know in the comments section below! The second most sustainable company, Chr. The drivers for companies to become more sustainable are coming from everywhere – the science, initiatives from governments and regulators, increased consumer pressure and demands from investors. The Wall Street Journal published a new ranking that aims to give a comprehensive data-driven overview of the world’s most sustainably managed companies. Europe is the continent which houses the highest number of companies in the Global 100, with 49 in total. 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. To reflect this change, the company changed to its present name, which is in honour of the Danish physicist Hans Christian Ørsted, who discovered electromagnetism. All it takes is for businesses to be willing to take the leap towards a more sustainable and greener future. Sustainability disclosure practices Which companies earned the title of being the world’s most sustainable for the year 2020? Hr News. Through its 2019–2021 sustainability plan, the company has outlined how it aims to address these goals and promote sustainability through its own operations. Having allocated a grand €16.6 billion budget, it plans to invest in the development of renewable energy sources and network digitalisation. 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. “Running the company just for profit doesn’t make sense, but running it just for a bigger purpose is also not sustainable in the long term. Sustainability and innovation are at the core of Enel’s operations. Which of these companies’ efforts did you find the most impressive? Take the world’s most sustainable corporation in 2020: the Danish renewable energy provider Ørsted produced 85% of its energy from fossil fuels and 15% from renewable energy just a … “Over the past eight or nine years, we have been gradually disassembling the very core of the company and using the cash from that to accelerate the build-out of our leadership position in offshore wind. Without further ado, here are the 10 most sustainable companies in the world. Which companies earned a spot on Corporate Knights' index of the world's … Up 40 points in a single day, before settling back down. 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. Most Sustainable Companies; Insights. Rank 2020 Rank 2019 Company Peer Group Country Overall Score; 1: 4: Orsted A/S: Wholesale Power: Denmark: 85.20%: 2: 1: Chr. Hansen has announced plans to rely solely on green energy by April 2020, provided by two solar parks. Thankfully, more and more organisations are actively taking steps to integrate sustainability into their operations. 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. 1. On the other hand, the United States is the country with the biggest number of Global 100 companies with 17 operating in its territory. Trending. A decade ago, the energy company, formerly known as Danish Oil and Natural Gas (DONG), produced 85% of their supply through fossil fuels. Out of the 100 who made the cut, however, 10 distinguished themselves from this global ranking through their environmentally sound practices. 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. 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. It’s fair to say many of us are changing our behaviour to be more environmentally friendly. Think what it does to the share price? 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. 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. Headquartered in Denmark, Ørsted employs 6,120 people, including over 1000 in the UK. North America: 29/100 Sustainable Companies. A … 4. Ranking number one this year on the Global 100 is Chr. 25 sustainable UK companies that are out to save the planet. Eating less meat. Among other innovations put forward by Neste are its bio-based plastics and chemicals made from waste and residue fats and oils. Novozymes’ contributions have rightfully earned it a spot among the world’s most sustainable corporations. 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. Indeed, their products are widely used across the manufacturing, architecture, media and entertainment industries. It has been a dramatic change. As an oil refining and marketing company, Neste Oyj focuses extensively on producing innovative products with a reduced environmental impact. As climate change and its adverse effects are finally gaining attention, more people are starting to pay attention to the sustainability practices of big corporations as well as their environmental footprint and climate initiatives. Doing good and doing well must go together,” Poulsen added. The biotech company specialises in biological solutions, namely enzymes and microorganisms, that can be used to make products more sustainable. In other words, a company’s poor performance with any key stakeholder group determined to be financially material disqualified that company from consideration. According to the Toronto-based sustainable business magazine and research company's latest data crunching, the world's most sustainable corporation in 2019 … Pavan CH Send an email January 29, 2020. The HubbleHQ Team | Updated May 13, 2020. This can come in many different forms, starting from using clean, renewable energy, averting waste from land fields and funding local community developments. Most Sustainable Companies 2019-2020. Financial sanctions. As the most sustainable company in the world, Ørsted has come a very long way since its origins. Taking reusable bags to the supermarket. Perhaps in the most stringent ground are B Corps . 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%. Since then, it has radically transformed into a renewable energy company and propelled itself into being the top energy provider in Denmark. Facebook Twitter LinkedIn Tumblr Pinterest Reddit VKontakte Odnoklassniki Pocket WhatsApp Telegram Share via Email Print. What’s more, of the 28 new companies to the 2020 Ranking, Canada is the homebase for nine of these entrants. Novozymes’ contributions have rightfully earned it a spot among the world’s most sustainable corporations. Philips took the #2 position in this WSJ ranking. Industry: Speciality and performance chemicals. Overall score: 82.70%. Companies, we all know, need to make a profit to prosper and survive. Since 2006, the company has reduced its carbon emissions by 80% — truly a jaw-dropping change. In order to select the 100 companies which will be included in the rankings, Corporate Knights devised a screening process. Hansen Holding, a Danish bioscience firm that derives over 80% of its revenue developing natural solutions for … Home/Hr News/ Who Are The 100 Most Sustainable Companies Of 2020? 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