Corporate Social Responsibility is becoming increasingly important and global corporations are focusing on sustainability. Reduction of CO2 emissions and waste, diversity and other sustainable aspects are the basis of the CSR assessment.
Top 10 Most Sustainable Companies Worldwide
- Chr. Hansen Holding
- Kering SA
- Neste Corporation
- GlaxoSmithKline plc
- Prologis, Inc.
- Banco do Brasil SA
- Shinhan Financial Group Co.
- Taiwan Semiconductor
In times of climate change and scarcity of resources, corporate social responsibility is one of the most important issues for global corporations that want to survive in the long term and remain competitive. Gender diversity, fairness and other aspects of sustainability are also discussed at the top of the management level.
Corporate Social Responsibility rating
Since 15 years the Top 100 global companies (Annual revenue more than 1 billion USD) based on their CSR, meaning sustainability, rated and ranked. The ranking is analyzed and published by the Canadian financial information company and magazine "Corporate Knights", which focuses on sustainability. The valuation methodology is based on up to 21 Performance Indicators (KPIs) for Resource Management, Leadership, Financial Management, Supplier Performance, and Clean Revenue. The latter are revenues from the segments Clean Transition, CO2 Reduction and Circular Economy, which were weighted for the first time with 50% this year.
Top 3 of the ranking
The Danish company is in first place Chr. Hansen Holding. A global bioscience group that develops natural solutions for the food, nutrition, pharmaceutical and agricultural industries. Chr. Hansen achieved a score of 100% on the Clean Revenue indicator, which means that the company's products have clear ecological and social advantages.
The French Kering Group, which owns Gucci, Balenciaga and Yves Saint Laurent, is in second place in the ranking. Kering attaches great importance to sustainability and sources 2% of its resources from sustainable sources. In addition, 40% of the board members are women, ie more than 60% higher than the average for companies of similar size.
The Finnish mineral oil refinery Neste Corporation ranks 3rd. The company is shifting its focus more and more from fossil fuels to renewable biofuels and 50% of its profits come from biofuels businesses.
German companies in the ranking
Five German groups are among the top 100 companies for corporate social responsibility. Siemens AG in 28th place, Commerzbank and Osram AG in 67th and 77th place, and the sports brand Adidas in 84th place. Bayerische Motoren Werke BMW fell from 2018th to 17th place in 99 and are being overtaken by their rivals Tesla and Toyota. See the whole here List.