Atlas Copco has been ranked seventh by Newsweek Green Rankings, one of the world’s foremost corporate environmental rankings of the 500 largest publicly traded, global companies by market capitalization.
Newsweek Green Rankings uses data from Bloomberg’s Professional Service, which includes sustainability information from over 5,000 public securities and CDP, an international nonprofit that helps companies measure, disclose, manage and share vital environmental information.
A total of 809 qualified companies were scored against eight key performance indicators based on the companies’ publically available data. Indicators include total energy consumption, greenhouse gas emissions, water use, waste generation and recycling, reputation and sustainability incentives for senior management.
“We are extremely proud to be recognized by an organization like Newsweek for our commitment to sustainable productivity,” said Jim Levitt, president of Atlas Copco North America. “This top 10 ranking is a reflection on our employees and their dedication to our sustainability initiatives surrounding safety, health and environmental issues.” Earlier this year, Atlas Copco was ranked as one of the most ethical companies by Ethisphere Institute and recognized by the Global 100 list as one of the world’s most sustainable companies.
Atlas Copco AB continues to be a member of the Dow Jones Sustainability Index, the UN Global Compact 100 and the FTSE4Good Index; the company has also been named to Forbes’ 100 Most Innovative Companies list.