February 02, 2009
2009 List of Global 100 Most Sustainable Corporations in the World Unveiled at Davos
by Robert Kropp
Corporate Knights and Innovest publish fifth annual list of companies best equipped to manage ESG
risks and opportunities.
Corporate Knights, the Canadian
publisher of the world’s largest circulation magazine with an explicit focus on corporate
responsibility, has published its 2009 list of the 100 most sustainable corporations in the world.
The list has been published annually since 2005.
The Global 100 is a list of
publicly-traded, MSCI World-listed companies that, based on research and analysis by Innovest Strategic Value Advisors, are
best equipped to manage the environmental, social and governance (ESG) risks and opportunities they
face. Businesses derive benefits from sound management of their ESG areas, and investors believe
that ESG issues can affect the performance of portfolios.
The Innovest methodology
compares companies to their sector peers on a best-in-class basis. Companies on the Global 100 list
are leaders in terms of ESG risk and opportunity management for each of Innovest’s 71 categories.
The Global 100 does not discriminate on the basis of how companies earn their revenues, in the
belief that even companies in such higher-impact industries as weapons manufacturing may still be
strong social and environmental performers.
The Global 100 is arranged alphabetically,
because different industries face different social and environmental factors, making absolute
sustainability ratings neither insightful nor even methodologically possible.
list includes 20 companies from the US, four more than in 2008. The United Kingdom has 19, down
from 24 in 2008, and Japan improved on its 2008 tally of 13 with a total of 15 companies qualifying
in 2009. In all, 65 of the 2008 companies remained on the list in 2009.
The US companies
added to the Global 100 in 2009 are Amazon.com, Dell, Goldman Sachs, PG & E, Procter & Gamble, and
Prologis. US companies dropped from the list are Agilent Technologies, American International
Group, and General Electric.