The company’s extensive portfolio consolidates its mission to replace fossil fuel with clean and renewable alternatives. We’re ranked the most sustainable company in the world in the Corporate Knights 2020 Global 100 index of most sustainable corporations. Some people have left when we divested, and others have been part of a huge growth journey,” according to Ørsted CEO Henrik Poulsen. Eating less meat. Employee Management Although Chr. Hansen is dedicated to developing natural solutions such as cultures, enzymes and probiotics used in a range of industries in a bid to reduce food waste, antibiotic overuse and harmful agricultural practices. Novozymes’ contributions have rightfully earned it a spot among the world’s most sustainable corporations. Home/Hr News/ Who Are The 100 Most Sustainable Companies Of 2020? By carefully examining over 7,200 publicly listed corporations with a minimum revenue of $1 billion, Corporate Knights’ Global 100 list showcases the world’s most sustainable companies of 2020. ING is also the very first bank in the world that has vowed to exit the coal industry and eliminate its coal power generation by 2025. Overall score: 82.70%. The Italian multinational energy company has committed to six of the UN’s development goals, including providing access to affordable, clean energy, innovation and infrastructure, and climate action. Ørsted has jumped up the Global 100 ranking in the past three years, from #70 in 2018, to #4 in 2019, and now #1 in 2020. Up 40 points in a single day, before settling back down. Product categories and behaviour LightCradle is a digital magazine focusing on topics relating to clean energy, sustainability, renewables, technology, and the environment. 4. For over a decade, Cisco Systems has been pursuing eco-friendly operations. Ditching plastic straws at the bar. In 2006, its business model took a 180-degree turn, transforming itself from a fossil fuel-intensive energy utility to one of the largest renewable energy companies in the world. Out of the 100 who made the cut, however, 10 distinguished themselves from this global ranking through their environmentally sound practices. Which companies earned the title of being the world’s most sustainable for the year 2020? Chr. The electricity company climbed 69 spots since 2018. The Wall Street Journal published a new ranking that aims to give a comprehensive data-driven overview of the world’s most sustainably managed companies. As the most sustainable company in the world, Ørsted has come a very long way since its origins. Hansen Holding, a Danish bioscience firm that derives over 80% of its revenue developing natural solutions for … 4 spot on Barron’s list of the 100 Most Sustainable Companies. Chr. The second most sustainable company, Chr. Of course, Novozymes’ sustainability efforts extend to its operations and processes, as evidenced in its commitment to divert its energy from coal to wood chips as part of a partnership with Orsted (which also appears on this list). According to the Toronto-based sustainable business magazine and research company's latest data crunching, the world's most sustainable corporation in 2019 … Corporate sustainability has become somewhat of a buzzword in the business world in recent years. Ørsted ranks #1 in Corporate Knights' 2020 index of the Global 100 most sustainable corporations in the world and is recognised on the CDP Climate Change A List as a global leader on climate action. Posted by: Barney Cotton. In fact, Chr. Since 2006, the company has reduced its carbon emissions by 80% — truly a jaw-dropping change. In 2019, consumers were able to save 76 million tonnes of carbon emissions by using Novozymes’ products, an equivalent to nearly 32 million cars being taken off the road. Financial health 4. Today, it is a leading offshore wind developer, providing over 13 million people with clean energy. Having allocated a grand €16.6 billion budget, it plans to invest in the development of renewable energy sources and network digitalisation. What makes Ørsted the most sustainable company in the world? Thanks to its efforts, the company has reduced its greenhouse gas emissions by 41% over the last decade, earning it a place among the world’s most sustainable companies. The company’s sustainable initiatives are aligned with the UN’s SDGs, placing emphasis on promoting efficient food production, using nutritious products for wellbeing and sustainable food consumption. Close. In order to select the 100 companies which will be included in the rankings, Corporate Knights devised a screening process. Meet 8 of the UK’s Most Sustainable Companies in 2020. World Market Outlook for Concentrated Solar Power 2020 – Industry Trends... How Waste CO2 Is Helping To Turn Renewable Energy Into Liquid... Electric Car Sales Are On The Rise – Is Coronavirus A... REE Automotive Hits The Track With Three Fully Modular, Next-Generation EV... Industry Giants Commit To Transparent Reporting Of Shipping Emissions, The Countries Where Electric Vehicles Dominate, Perovskite Solar Cell: The Future Of Solar Energy, The Electric Vehicle Charging Guide For Cities, The Surge Of Electric Vehicles In United States Cities. Ørsted becomes the first-ever energy company to top the index. Hansen Holding A/S: Food and other chemical agents: Hansen has announced plans to rely solely on green energy by April 2020, provided by two solar parks. Hr News. To reflect this change, the company changed to its present name, which is in honour of the Danish physicist Hans Christian Ørsted, who discovered electromagnetism. Poulsen hopes that Ørsted will serve as an inspiration to others, showing that the transition to a low-carbon economy can be quick and substantial yet still profitable. Among other innovations put forward by Neste are its bio-based plastics and chemicals made from waste and residue fats and oils. Who made this year’s list? Once the Global 100 is selected, they are scored based on 21 key performance indicators (KPI) which belong to one of these four categories: 1. ... See the full list of the 100 most sustainable companies here. Making a buck, after all, is important to investors, employees and vendors. The drivers for companies to become more sustainable are coming from everywhere – the science, initiatives from governments and regulators, increased consumer pressure and demands from investors. 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