Lafarge, Boral crack top 100 list of most sustainable global companies
Source:
Corporate Knights magazine, Toronto
The
sixth annual Global 100 most sustainable large corporations list, announced at
the World Economic Forum in Davos, Switzerland, includes construction and
materials giants Lafarge SA (No. 51) of France and Australia-based Boral Ltd.
(No. 61). Factors
in the ranking include sales/metric ton of waste produced, carbon emissions,
and carbon productivity (sales/metric ton of total CO2)--all measuring against
company financial data. In carbon productivity, Lafarge scored $266, Boral
$1,177. However, Lafarge was applauded for scoring 75 percent on transparency
and reported increasing its annualized resource productivity in excess of the 6
percent “sustainable path” threshold from 2006 to 2008 in energy, carbon and
water. Boral was recognized for a score of 81 percent for transparency and
reporting impressive water productivity numbers.
Corporate
Knights is a media business devoted to prompting and reinforcing sustainable
development. Topped by General Electric Co., the firm’s Global 100 includes
companies from 24 countries encompassing all sectors with a collective value of
$4 trillion and three million employees. They were evaluated according to how
effectively they managed environmental, social and governance risks, and
opportunities relative to their industry peers. Analysis was based on the work of a group of sustainability
research providers used to isolate a short list of the top 10 percent of
sustainability and financial performers from a universe of 3,000 developed and
emerging market stocks.
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