COMMERCE CITY, Colo. (June 12, 2014) — Newsweek Green Rankings, one of the world’s foremost corporate environmental standings, recently ranked Atlas Copco seventh among the 500 largest publicly traded, global companies by market capitalization.
Newsweek Green Rankings uses data from Bloomberg’s Professional service, which includes sustainability information from more than 5,000 public securities. It also uses information from CDP, an international nonprofit organization that helps companies measure, disclose, manage and share vital environmental information. Newsweek scored qualified companies against eight key performance indicators based on publically available data. Indicators included total energy consumption, greenhouse gas emissions, water use, waste generation and recycling, reputation and sustainability incentives for senior management.
“We are extremely proud to be recognized by an organization like Newsweek for our commitment to sustainable productivity,” said Jim Levitt, president of Atlas Copco North America. “This top 10 ranking is a reflection of our employees’ dedication to our sustainability initiatives surrounding safety, health and environmental issues.”
Earlier this year, Atlas Copco was ranked as one of the most ethical companies by Ethisphere Institute and was recognized on the Global 100 list as one of the world’s most sustainable companies. Atlas Copco AB is a member of the Dow Jones Sustainability Index, the UN Global Compact 100 and the FTSE4Good Index. The company also has been named to Forbes’ 100 Most Innovative Companies list.