New York, NY , June 2, 2016 (Newswire.com) - Newsweek, a premier weekly news magazine owned by IBT Media, today announced the results of the 2016 Newsweek Green Rankings, created in partnership with Corporate Knights and HIP Investor. Since 2009, the Newsweek Green Rankings have been one of the world’s foremost corporate environmental rankings which assess the 500 largest publicly-traded companies in the United States and the 500 largest publicly-traded companies globally on overall environmental performance.
"In the current global business and political climate, no company can continue to ignore its environmental footprint and there's good news: Newsweek's 2016 Green Rankings show that the world's biggest companies are improving when it comes to energy productivity and in limiting greenhouse gas emissions,” said Elijah Wolfson, Senior Editor for Newsweek. “Our hope is that the rankings will propel leaders to start looking at their environmental impact not just in terms of carbon use, but comprehensively, and make the changes necessary to sustain both business growth and environmental viability."
In the current global business and political climate, no company can continue to ignore its environmental footprint and there's good news: Newsweek's 2016 Green Rankings show that the world's biggest companies are improving when it comes to energy productivity and in limiting greenhouse gas emissions.
Elijah Wolfson, Senior Editor for Newsweek
Top placement in the U.S. 500 included:
1. Hasbro Inc.
2. NIKE Inc
3. Hershey Co
4. NVIDIA Corp
5. Biogen Inc.
6. Ecolab Inc.
7. Rockwell Automation Inc.
8. MetLife Inc.
9. Coca-Cola Enterprises Inc.
10. Oracle Corp
Top placement in the Global 500 included:
1. Shire PLC
2. Reckitt Benckiser Group PLC
3. BT Group PLC
4. Swisscom AG
5. Essilor International SA
6. NIKE Inc.
7. Unilever PLC
8. Sky PLC
9. Siemens AG
10. Schneider Electric SE
For more information about the 2016 Newsweek Green Rankings, visit here: http://www.newsweek.com/green-2016.
For more information about Newsweek, visit: newsweek.com or corp.ibt.com. For all use of the Newsweek Green Rankings 2016 logo, please contact PARS International: http://ibtreprints.com/newsweek-green/
Newsweek is a premier news magazine and website, bringing high-quality journalism to readers around the globe for over 80 years. Newsweek provides the latest news, in-depth analysis and ideas about international issues, technology, business, culture and politics. In addition to its online and mobile presence, Newsweek publishes weekly English print editions in the United States, Europe/Middle East/Africa and Asia as well as editions in Japanese, Korean, Polish, Serbian, Spanish and Czech. Newsweek is owned by IBT Media. For more information, visit: newsweek.com or corp.ibt.com.
Newsweek Green Rankings Methodology:
The U.S. 500 consists of the 500 largest publicly-traded companies headquartered in the U.S. by market capitalization as at 31 December 2015. The Global 500 consists of the 500 largest publicly-traded companies in the world by market capitalization as at 31 December 2015.
Data is obtained from HIP Investor, Bloomberg and the CDP (via Bloomberg). All companies are contacted for data verification, whenever possible once all available items of data have been obtained.
The 2016 Newsweek Green Rankings measures the environmental performance of large public companies using eight clearly defined key performance indicators. The methodology is clear and rules- based, and the process meets the test of being replicable by a third party. A company’s overall score is a weighted average of their eight KPI scores. Combined Energy Productivity Score, Combined GHG Productivity Score, Combined Water Productivity Score, Combined Waste Productivity Score, Green Revenue Score, Sustainability Pay Link, Sustainability Board Committee, Audited Environmental Metrics.
About Corporate Knights
Corporate Knights is Independent media and financial research B Corp with more than a decade of experience doing corporate sustainability ratings including the Global 100 Most Sustainable Corporations in the World, Newsweek Green Rankings, and Sustainable Stock Exchanges Ranking. The company designed and developed CleanCapitalist.com, a global platform for ranking and tailoring investment portfolios according a person's specific values. The vision of Corporate Knights is information empowering markets to foster a better world.
About HIP Investor
Founded in 2006, HIP (Human Impact + Profit ) Investor produces 17,000 investment ratings and rankings of stocks, bonds and mutual funds based on the fundamental drivers of value, including people, products, natural resources and trust. HIP Investor applies its ratings to advise investors, manage portfolios, and partner with advisors to deliver sustainable 401(k)plans. The HIP Investor textbook (Wiley, 2010) is included in 26 university and MBA curricula. See www.HIPinvestor.com.
Source: IBT Media