Media Release
Corporate Knights Global 100 Most Sustainable Corporations Announced in Davos
Corporate Knights Inc and Innovest Strategic Value Advisors announced their fifth annual list of the 100 most sustainable corporations in the world, at the World Economic Forum in Davos in February 2009. The G100 includes companies from 15 countries encompassing all sectors. They were evaluated according to how effectively they managed environmental, social and governance risks and opportunities relative to their industry peers.
DAVOS, SWITZERLAND, (embargoed until 2.01 a.m. EST) January 29, 2011 — Corporate Knights, the magazine for clean capitalism, announced its seventh annual Global 100 list of the most sustainable large corporations in the world.
From its inception on February 1 2005, the Global 100 Most Sustainable Corporations has achieved a total return of 54.95%, outperforming its benchmark (the MSCI All Country World Index) by more than 16% to December 31st, 2010.
This edition of the Global 100 comes on the eve the final phase of meta-study of corporate sustainability rankings (Rate the Raters by the consultancy SustainAbility), which recognizes the Global 100 for its industry-leading standard of transparency.
The 2011 Global 100 tapped intelligence from the world's largest sustainability research alliance put together by Legg Mason's Global Currents Investment Management and Phoenix Global Advisors LLC to isolate the top ten per cent of companies from a universe of 3,500 global stocks, which were then transparently ranked based on 10 indicators, with data collected by Corporate Knights Research Group and verified with The BLOOMBERG PROFESSIONAL® service. Controversy research was provided by Sustainalytics and incorporated by Corporate Knights into its assessment of each company to provide risk mitigation against companies with severe controversies that could be deleterious to share valuation.
The Global 100 includes companies from 22 countries encompassing all sectors of the economy, with collective annual sales in excess of $3 trillion, and five million employees.
Among the 22 countries, Japan led the way with 19 Global 100 companies (14 more than they had in 2010). The United States followed with 13 (one more than in 2010). The UK (11 companies, down from 21 in 2010 ) and Canada (8 companies, down from 9 in 2010) took third and fourth place respectively. Rounding out the top ten scoring countries with the most constituents were Australia (six), Switzerland (six), France (five), Denmark (four), Finland (four), while Brazil, Germany, Norway and Spain each registered three Global 100 constituents. Sixty-six per cent of the 2010 companies remained on the list in 2011.
Toby Heaps, Editor-in-Chief of Corporate Knights Magazine, says, “The Global 100 are charting out a new prosperity agenda reconciling the megatrend of sustainability with the mega-institution of the corporation. The kicker: sustainability can be a market-beating strategy, as the Global 100's substantial outperformance demonstrates.”
To determine the Corporate Knights Global 100 for 2011, two improvements were made to build on the previous year's methodology.
1. Corporate Knights reviewed controversy research provided by Sustainalytics and incorporated it into its assessment of each company to provide risk mitigation against companies with severe controversies that could be deleterious to share valuation.
2. The indicator "Safety Productivity" (Sales (US$) / lost-time incidents*$50k and fatalities*$1M) was substituted for Sustainability Leadership (presence of a board committee dedicated to sustainability issues).
This year's Global 100 were recognized at the Davos World Economic Forum at a private dinner hosted by Corporate Knights and Inflection Point Capital Management. The dinner discussion which was moderated by Matthew Bishop, of The Economist Magazine, explored how to define a 21st balance sheet for cleaner capitalism that integrates a core group of sustainability factors onto the bottom lines of both companies and countries.
Global 100 Key Performance Indicators Definitions
Energy Productivity (US$) Sales (US$) / Total direct and indirect energy consumption (gigajoules)
Carbon Productivity (US$) Sales (US$) / Total CO2 and CO2 equivalents emissions (tonnes)
Water Productivity (US$) Sales (US$) / Total water use (cubic meters)
Waste Productivity (US$) Sales (US$) / Total amount of waste produced (tonnes)
Leadership Diversity % women board directors
CEO-to-average worker pay Ratio of highest paid officer's compensation to average employee compensation (3-year average)
% Tax Paid % reported tax obligation paid in cash (3-year average)
Safety Productivity Sales (US$) / lost-time incidents *$50k and fatalities *$1M)
Sustainability Remuneration Whether or not at least one senior officer has his/her pay linked to sustainability
Innovation Capacity R&D/sales (3-year average)
Transparency % of data points on which the company provided data and level of GRI disclosure
Contact information
For media and business queries:Toby Heaps Editor-in-Chief, Corporate Knights
or temporary mobile in Davos: ++1 416-274-1432)
Email: toby@corporateknights.ca
For full rankings and other details, please see: www.global100.org About Corporate Knights: Founded in 2002, Corporate Knights Inc. is an independent Canadian-based media company focused on prompting and reinforcing sustainable development. www.corporateknights.ca
The Global 100 Most Sustainable Corporations in the World is an annual project initiated by Corporate Knights, the magazine for clean capitalism. In 2010, Corporate Knights collaborated with three strategic partners to identify the Corporate Knights Global 100 Most Sustainable Corporations in the World: Inflection Point Capital Management, a sustainability-focused asset management venture founded by Dr. Matthew Kiernan, Legg Mason's Global Currents Investment Management, and Phoenix Global Advisors LLC (a consulting and technology platform focused on sustainability).Launched in 2005, the Global 100 is announced each year at the World Economic Forum in Davos.
Number of Corporate Knights Global 100 Companies in 2011 by Country
| Country | Number of Global 100 Constituents |
|---|---|
| JAPAN | 19 |
| UNITED STATES | 13 |
| UNITED KINGDOM | 11 |
| CANADA | 8 |
| AUSTRALIA | 6 |
| SWITZERLAND | 6 |
| FRANCE 5 | 5 |
| DENMARK | 4 |
| FINLAND | 4 |
| BRAZIL | 3 |
| GERMANY | 3 |
| SPAIN | 3 |
| NORWAY | 3 |
| INDIA | 2 |
| BELGIUM | 2 |
| NETHERLANDS | 2 |
| HONG KONG | 1 |
| ITALY | 1 |
| SOUTH KOREA | 1 |
| SWEDEN | 1 |
| SINGAPORE | 1 |
| SOUTH AFRICA | 1 |
2011 Global 100 Most Sustainable Corporations in the World
(by rank | alphabetical | by country | by sector/industry)
| Company Name | Country | GICS© Sector | Rank |
|---|---|---|---|
| STATOIL ASA | Energy | NORWAY | 1 |
| JOHNSON & JOHNSON | Pharmaceuticals, Biotechnology | UNITED STATES |
2 |
| NOVOZYMES | Materials | DENMARK | 3 |
| NOKIA OYJ | Technology Hardware & Equipment | FINLAND | 4 |
| UMICORE | Materials | BELGIUM | 5 |
| INTEL CORP | Semiconductors & Semiconductor | UNITED STATES |
6 |
| ASTRAZENECA PLC | Pharmaceuticals, Biotechnology | BRITAIN | 7 |
| CREDIT AGRICOLE SA | Banks | FRANCE | 8 |
| STOREBRAND ASA | Insurance | NORWAY | 9 |
| DANSKE BANK A/S | Banks | DENMARK | 10 |
| GENERAL ELECTRIC CO | Capital Goods | UNITED STATES |
11 |
| ENCANA CORP | Energy | CANADA | 12 |
| VIVENDI | Media | FRANCE | 13 |
| NITTO DENKO CORP | Materials | JAPAN | 14 |
| TNT NV | Transportation | NETHERLANDS | 15 |
| NOVO NORDISK | Pharmaceuticals, Biotechnology | DENMARK | 16 |
| DEXIA SA | Banks | BELGIUM | 17 |
| WESTPAC BANKING CORP | Banks | AUSTRALIA | 18 |
| ORIGIN ENERGY LTD | Energy | AUSTRALIA | 19 |
| NESTE OIL OYJ | Energy | FINLAND | 20 |
| VESTAS WIND SYSTEMS A/S | Capital Goods | DENMARK | 21 |
| ROCHE | Pharmaceuticals, Biotechnology | SWITZERLAND | 22 |
| AEON CO LTD | Food & Staples Retailing | JAPAN | 23 |
| T&D HOLDINGS INC | Insurance | JAPAN | 24 |
| HSBC HOLDINGS PLC | Banks | BRITAIN | 25 |
| KESKO OYJ | Food & Staples Retailing | FINLAND | 26 |
| TATA STEEL LTD | Materials | INDIA | 27 |
| AGILENT TECHNOLOGIES INC | Pharmaceuticals, Biotechnology | UNITED STATES |
28 |
| JOHNSON CONTROLS INC | Automobiles & Components | UNITED STATES |
29 |
| SONY CORP | Consumer Durables & Apparel | JAPAN | 30 |
| WEYERHAEUSER CO | Materials | UNITED STATES |
31 |
| MITSUI OSK LINES LTD | Transportation | JAPAN | 32 |
| INDITEX | Retailing | SPAIN | 33 |
| ENBRIDGE INC | Energy | CANADA | 34 |
| MITSUBISHI HEAVY INDUSTRIES | Capital Goods | JAPAN | 35 |
| NEXEN INC | Energy | CANADA | 36 |
| SWISSCOM | Telecommunication Services | SWITZERLAND | 37 |
| ADIDAS AG | Consumer Durables & Apparel | GERMANY | 38 |
| IBERDROLA SA | Utilities | SPAIN | 39 |
| RSA INSURANCE GROUP PLC | Insurance | BRITAIN | 40 |
| PROLOGIS | Real Estate | UNITED STATES |
41 |
| INSURANCE AUSTRALIA GROUP | Insurance | AUSTRALIA | 42 |
| Anglo Platinum Limited | SOUTH AFRICA |
43 | |
| PROCTER & GAMBLE CO | Household & Personal Products | UNITED STATES |
44 |
| KRAFT FOODS INC | Food Beverage & Tobacco | UNITED STATES |
45 |
| NORSK HYDRO ASA | Materials | NORWAY | 46 |
| UNIBAIL-RODAMCO | Real Estate | FRANCE | 47 |
| HENNES & MAURITZ | Retailing | SWEDEN | 48 |
| TOKYO GAS CO LTD | Utilities | JAPAN | 49 |
| P G & E CORP | Utilities | UNITED STATES |
50 |
| STORA ENSO OYJ | Materials | FINLAND | 51 |
| GEBERIT | Capital Goods | SWITZERLAND | 52 |
| DAIWA HOUSE INDUSTRY CO LTD | Real Estate | JAPAN | 53 |
| NIPPON YUSEN | Transportation | JAPAN | 54 |
| STOCKLAND | Real Estate | AUSTRALIA | 55 |
| SUN LIFE FINANCIAL INC | Insurance | CANADA | 56 |
| L'OREAL | Household & Personal Products | FRANCE | 57 |
| PHILIPS ELECTRONICS | Capital Goods | NETHERLANDS | 58 |
| YAMAHA CORP | Consumer Durables & Apparel | JAPAN | 59 |
| VODAFONE GROUP PLC | Telecommunication Services | BRITAIN | 60 |
| HENKEL | Household & Personal Products | GERMANY | 61 |
| CENTRICA PLC | Utilities | BRITAIN | 62 |
| SIMS METAL MANAGEMENT LTD | Materials | AUSTRALIA | 63 |
| ABB LTD | Capital Goods | SWITZERLAND | 64 |
| BG GROUP PLC | Energy | BRITAIN | 65 |
| NATURA COSMETICOS SA | Household & Personal Products | BRAZIL | 66 |
| KINGFISHER PLC | Retailing | BRITAIN | 67 |
| DANONE | Food Beverage & Tobacco | FRANCE | 68 |
| NTT DOCOMO INC | Telecommunication Services | JAPAN | 69 |
| KONICA MINOLTA INC | Technology Hardware & Equipment | JAPAN | 70 |
| RICOH CO LTD | Technology Hardware & Equipment | JAPAN | 71 |
| TOKYO ELECTRON LTD | Semiconductors & Semiconductor | JAPAN | 72 |
| INTESA SANPAOLO | Banks | ITALY | 73 |
| TAISHO PHARMACEUTICAL CO LTD | Pharmaceuticals, Biotechnology | JAPAN | 74 |
| HEWLETT-PACKARD CO | Technology Hardware & Equipment | UNITED STATES |
75 |
| SWISS REINSURANCE CO LTD | Insurance | SWITZERLAND | 76 |
| GLAXOSMITHKLINE PLC | Pharmaceuticals, Biotechnology | BRITAIN | 77 |
| COCA-COLA ENTERPRISES | Food Beverage & Tobacco | UNITED STATES |
78 |
| NEC CORP | Technology Hardware & Equipment | JAPAN | 79 |
| PANASONIC CORP | Consumer Durables & Apparel | JAPAN | 80 |
| NISSAN MOTOR CO LTD | Automobiles & Components | JAPAN | 81 |
| TOYOTA MOTOR CORP | Automobiles & Components | JAPAN | 82 |
| STMICROELECTRONICS | Semiconductors & Semiconductor | SWITZERLAND | 83 |
| UNILEVER PLC | Food Beverage & Tobacco | BRITAIN | 84 |
| LOGICA PLC | Software & Services | BRITAIN | 85 |
| SUNCOR ENERGY INC | Energy | CANADA | 86 |
| PRUDENTIAL PLC | Insurance | BRITAIN | 87 |
| PETROLEO BRASILEIRO SA | Energy | BRAZIL | 88 |
| REPSOL | SPAIN | 89 | |
| BCE INC | Telecommunication Services | CANADA | 90 |
| BANCO BRADESCO | Banks | BRAZIL | 91 |
| TORONTO-DOMINION BANK | Banks | CANADA | 92 |
| SAMSUNG ELECTRONICS CO LTD | Semiconductors & Semiconductor | SOUTH KOREA | 93 |
| SAP AG | Software & Services | GERMANY | 94 |
| GPT GROUP | Real Estate | AUSTRALIA | 95 |
| RELIANCE INDUSTRIES LTD | Energy | INDIA | 96 |
| MTR CORP | Transportation | HONG KONG | 97 |
| ROYAL BANK OF CANADA | Banks | CANADA | 98 |
| BAXTER INTERNATIONAL INC | Health Care Equipment & Service | UNITED STATES |
99 |
| CITY DEVELOPMENTS LTD | Real Estate | SINGAPORE | 100 |