MARKETS

Atlas Copco shoulders world sustainability achievements

ATLAS Copco has been rated seventh among the 500 largest publicly traded global companies by market capitalisation by Newsweek Green Rankings, one of the world’s leading corporate environmental standings.

Lou Caruana

Earlier this year, Atlas Copco was ranked as one of the most ethical companies by Ethisphere Institute and was recognised on the Global 100 list as one of the world’s most sustainable companies.

“We are extremely proud to be recognised by an organisation like Newsweek for our commitment to sustainable productivity,” Atlas Copco North America president Jim Levitt said.

“This top 10 ranking is a reflection of our employees’ dedication to our sustainability initiatives surrounding safety, health and environmental issues.”

Newsweek Green Rankings uses data from Bloomberg’s Professional service, which includes sustainability information from more than 5000 public securities.

It also uses information from CDP, an international non-profit organisation that helps companies measure, disclose, manage and share vital environmental information.

Newsweek scored qualified companies against eight key performance indicators based on publicly available data.

Indicators included total energy consumption, greenhouse gas emissions, water use, waste generation and recycling, reputation and sustainability incentives for senior management.

Atlas Copco is a member of the Dow Jones Sustainability Index, the UN Global Compact 100 and the FTSE4Good Index.

The company has also been named on Forbes’ 100 most innovative companies list.

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