The World's Greenest Companies

NEWSWEEK released their Green Rankings list of companies and report that while governments are slow to act many corporations are already improving energy efficiency and implementing environmental measures.

The Green Rankings list shows how the top-ranked companies approach green projects with determination and with a long term view as it makes business sense, despite the current financial pressures.

Newsweek quotes Thomas Lyon, a Professor at the University of Michigan’s Ross School of Business “Big companies have decided that this is a long-term play.”

Newsweek comments that the highly ranked companies realise that waste cuts into profits, and that reducing wasted energy curbs greenhouse-gas emissions while bolstering the bottom line.

“We don’t expect a clear-cut policy in the U.S. any time soon,” Mark Vachon, who leads the Ecomagination programme at General Electric, told Newsweek. “But that doesn’t mean we ought to put our pencils down. In fact, having business lead in this space might be exactly what we should do.”

Read the full Green Rankings at Newsweek.com/green, comprising two lists, one that ranks the 500 biggest companies in the world and another of the 500 largest companies in the U.S., which generally lags behind companies in Europe and the rest of the globe.

Picture of IBM Blue Gene/P by Argonne National Laboratory reproduced under CCL.

Wednesday 26th October 2011


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