Davos Brings out New Sustainability Rankings and Ratings
posted by Dave Stangis on January 23, 2008
Each year about this time a couple of new sustainability ratings get a refresh. For the fourth year in a row, Corporate Knights has announced the 100 most sustainable corporations in the world in conjunction with the World Economic Forum in Davos, The Global 100. The rankings are built on a body of research created by Innovest. Each year it seems that between 25 and 35 companies are replaced on this list of the hundred most sustainable corporations. Intel has been honored to be included in the list the last four years, since its inception.
What is interesting about the Innovest ratings for those that don’t follow the subtleties of screening methodology, is that they are based on a best in class approach. This means that they don’t screen out any particular sector. They search for leading sustainability companies within every sector. You can learn a lot more about the list and the methodology here.
Another pleasant surprise today, was the launch of The Sustainability Yearbook by Sustainable Asset Management (SAM). In addition to providing extensive research and data on the world’s leading sustainability companies across multiple sectors, they’ve also developed some new recognitions for the leaders of the leaders. These are called SAM distinctions.
These new distinctions identify 57 companies as SAM sector leaders. In addition, the companies that focus most on sustainability issues are recognized as Gold Class, Silver Class, or Bronze Class. While Intel has been a Super Sector Leader in the Dow Jones Sustainability Index (built based on SAM research as well) for seven years, these new recognitions we’ve received as both a Sector Leader and Gold Class company are new for us.
While these new rankings and ratings make our executives and employees proud, they provide very tangible tools for our core CSR team to begin to drive continuous improvement.
So there are a couple things we need to do with all of this information right away. The first one is to congratulate all of the great companies that are included in both of these announcements that were just made public in Davos. And the second one is to begin work on how to improve any areas that we fall short of our new competition.
Comments (3)
tagged: Corporate Knights, Davos, Global 100, Innovest, Intel, sustainability, Sustainable Asset Management, WEF
Comments
Jan 23 | Elia Rodriguez said:
Great to see Intel excel not just in making products and profits, but also in taking a sustainable approach. Is Intel doing anything to share its sustainability “bag of tricks” with others in its sector? That would be true leadership and should be taken into account in the ratings that you mentioned.
Jan 24 | Dave Stangis said:
Thanks for the comment and great point Elia. With leadership comes responsibility. I have conversations routinely with other companies in my sector - and many other sectors about improving their systematic sustainability performance.
I also teach courses when my schedule allows. It feels like a consulting business at some times :) without the consulting income. Today, I’m doing exactly as you suggest with a bunch of multinational companies meeting here in Phoenix.
Jan 24 | Elia Rodriguez said:
without the income (maybe) but think about the glory! Seriously though — this is good to hear. It’s also nice to be reminded that there are living, breathing people who care inside “faceless” corporations.