Ranking Corporate Ambassadors for a Better, Cleaner Kind of Capitalism
Ranking Corporate Ambassadors for a Better, Cleaner Kind of Capitalism
The number one ranked company in the Global 100 Most Sustainable Corporations in the world for 2012 was Novo Nordisk, the Danish pharmaceutical firm. Property pioneer City Developments Limited (CDL) emerged as the only Singapore company listed for three consecutive years. The list includes companies from 22 countries encompassing all sectors, with collective annual sales in excess of US$3.02 trillion and 5,285,645 million employees. Who’s listed and who’s not? Read More
CDL reports:
Property pioneer City Developments Limited (CDL) emerged as the top Singapore corporation to be listed in the prestigious Corporate Knights Global 100 Most Sustainable Corporations 2012. It is the only Singapore company listed on this global ranking for three consecutive years.
This was announced at Davos World Economic Forum, at a private dinner hosted by Corporate Knights and Inflection Point Capital Management, on 25 January 2012. Listed for the third consecutive year, CDL’s ranking improved from 100th position in 2011 to 62nd place this year. This accolade is a testament to CDL’s ongoing and concerted sustainability efforts over the years. It is also significant as it places Singapore on the global map for sustainability.
“We are excited to be part of Global 100 for the third consecutive year. This recognition benchmarks us against the very best global sustainability leaders and affirms that we are moving in the right direction. Our improved ranking reflects our concerted effort to integrate sustainability into our corporate DNA. This global inclusion serves as an encouragement that spurs us to make further improvements in our sustainability journey,” said Mr Kwek Leng Joo, Managing Director of CDL.
For years, CDL has set the benchmark as Singapore’s leading green developer, attaining its financial objectives with responsible corporate citizenry through its Triple Bottom Line approach: balancing financial performance with environmental stewardship (championing the development of green buildings in Singapore) as well as social and community engagement (through key signature programmes that are focused on helping society’s less fortunate, championing youth development and promotion of the arts). These efforts have made CDL the only Singapore developer listed on both FTSE4Good Index Series since 2002 and the Dow Jones Sustainability Indexes (globally and regionally).
CDL is also honored to be the developer with the most number of Green Mark awarded properties, and accorded the Built Environment Leadership Platinum Award in 2009 as well as Singapore’s only Green Mark Platinum Champion in 2011 by Building and Construction Authority.
A champion for sustainability reporting in Singapore, CDL was the first local company in 2008 to publish a report that was successfully checked by Global Reporting Initiative (GRI), using its G3 Guidelines. GRI is the world’s most widely-used sustainability reporting framework for organisations to measure and report their economic, environmental and social performance.
In CDL’s Sustainability Report 2010, the Company also achieved the AA1000AS (2008) Assurance Standard, making it the first local company to be assured under this internationally accepted standard which not only establishes the credibility and reliability of CDL’s sustainability performance, but also raises the bar in CSR reporting in Singapore.
Last year, CDL became the first Singapore corporation to address the international ISO 26000 framework in its latest Sustainability Report. CDL’s current and previous Sustainability Reports are available online.
Source: www.cdl.com.sg.
Corporate Knights Global 100 Most Sustainable Corporations Announced in Davos
Report by Corporate Knights from Davos, Switzerland (25 January 2012):
Corporate Knights, the company for clean capitalism, announced its eighth annual Global 100 list of the most sustainable large corporations in the world.
Toby Heaps, CEO of Corporate Knights, says, “in a year in which Wall Street was occupied and capitalism became a bad word, the Global 100 companies serve as ambassadors for a better, cleaner kind of capitalism which, it also turns out, is more profitable.” From its inception on February 1 2005 to December 31, 2011, the Global 100 Most Sustainable Corporations has achieved a total return of 41.70%, outperforming its benchmark, (the MSCI All Country World Index at 29.30%) by more than 11%.
The Global 100 was recently recognized for its industry-leading standard of transparency and objectivity by a meta-study of corporate sustainability rankings (Rate the Raters by the consultancy SustainAbility).
The number one ranked company in the Global 100 the world for 2012 was Novo Nordisk. The Danish pharmaceutical firm, which had revenues of DKK 60.7 billion (US$10.5 billion) in 2010, is on record that access to essential medicines is a human right, and sells human insulin (the most basic kind) to 33 of the world’s poorest countries, at no more than 20 per cent of the average price in the western world.
On the key clean capitalism metrics measured by Corporate Knights, Novo Nordisk scored top quartile performance in energy productivity ($4,851 in revenue generated per unit of energy consumption, compared to a pharmaceutical sector average of $3,603), carbon productivity ($68,585 in revenue generated per unit of carbon emitted, compared to a pharmaceutical sector average of $56,414) and pay equity (CEO/average employee remuneration ratio of 15 vs. a pharmaceutical sector average of 93). Novo Nordisk is the only pharmaceutical company within the Global 100 to report linking CEO remuneration to corporate performance on clean capitalism KPIs.
The 2012 Global 100 tapped intelligence from the world’s largest sustainability research alliance put together by Legg Mason’s Global Currents Investment Management and Phoenix Global Advisors LLC to isolate the top ten per cent of companies from a universe of 3,500 global stocks, which were then transparently ranked based on 11 indicators, with data collected by Corporate Knights Research Group and verified with The BLOOMBERG PROFESSIONAL® service.
The Global 100 includes companies from 22 countries encompassing all sectors of the economy, with collective annual sales in excess of $3.02 trillion, and 5,285,645 million employees. Among the 22 countries, the United Kingdom led the way with 16 Global 100 companies (five more than they had in 2011). Japan followed with 11 (down from 19 in 2011).
France and the United States tied for third place with each claiming the headquarters of eight Global 100 companies. Rounding out the top ten scoring countries with at least three Global 100 companies were: Australia (seven), Canada (six), Germany (five) Switzerland (five), Denmark (four), Netherlands (four), Norway (four), Sweden (four), and Brazil (three). Sixty-eight per cent of the 2011 companies remained on the list in 2012.
2012 Global 100 Most Sustainable Corporations in the World
Rank Company Name Country Sector
1 Novo Nordisk A/S Denmark Health Care
2 Natura Cosmeticos S.A. Brazil Consumer Staples
3 Statoil ASA Norway Energy
4 Novozymes A/S Denmark Materials
5 ASML Holding NV Netherlands Information Technology
6 BG Group Plc United Kingdom Energy
7 Vivendi S.A. France Telecommunication Services
8 Umicore S.A./N.V. Belgium Materials
9 Norsk Hydro ASA Norway Materials
10 Atlas Copco AB Sweden Industrials
11 Sims Metal Management Ltd Australia Materials
12 Koninklijke Philips Electronics NV Netherlands Industrials
13 Teliasonera AB Sweden Telecommunication Services
14 Westpac Banking Corp. Australia Financials
15 Life Technologies Corp. United States Health Care
16 Credit Agricole SA France Financials
17 Henkel AG & Co. KGaA Germany Consumer Staples
18 Intel Corp. United States Information Technology
19 Neste Oil Oyj Finland Energy
20 Swisscom AG Switzerland Telecommunication Services
21 Toyota Motor Corp. Japan Consumer Discretionary
22 Centrica Plc United Kingdom Utilities
23 Koninklijke DSM N.V. Netherlands Materials
24 Geberit AG Switzerland Industrials
25 Roche Holding AG Switzerland Health Care
26 Schneider Electric SA France Industrials
27 Sap AG Germany Information Technology
28 Hitachi Chemical Company Ltd. Japan Materials
29 Anglo American Platinum Ltd South Africa Materials
30 POSCO South Korea Materials
31 Vestas Wind Systems A/S Denmark Industrials
32 Dassault Systemes SA France Information Technology
33 BT Group Plc United Kingdom Telecommunication Services
34 Tnt N.V. Netherlands Industrials
35 Mitsubishi Heavy Industries Ltd. Japan Industrials
36 Scania AB Sweden Industrials
37 Acciona SA Spain Utilities
38 Adidas AG Germany Consumer Discretionary
39 Tomra Systems ASA Norway Industrials
40 Aeon Co. Ltd. Japan Consumer Staples
41 Siemens AG Germany Industrials
42 AstraZeneca Plc United Kingdom Health Care
43 Kesko Oyj Finland Consumer Staples
44 Yamaha Motor Co. Ltd Japan Consumer Discretionary
45 L’Oreal S.A. France Consumer Staples
46 Logica Plc United Kingdom Information Technology
47 Corporate Express Australia Ltd Australia Industrials
48 Suncor Energy Inc. Canada Energy
49 Repsol YPF S.A. Spain Energy
50 Prudential United Kingdom Financials
51 Renault SA France Consumer Discretionary
52 Unilever Plc United Kingdom Consumer Staples
53 Allianz SE Germany Financials
54 StoreBrand ASA Norway Financials
55 Iberdrola S.A. Spain Utilities
56 Omv AG Austria Energy
57 Daiwa House Industry Co. Ltd. Japan Financials
58 Industria De Diseno Textil S.A. Spain Consumer Discretionary
59 Agilent Technologies Inc. United States Information Technology
60 Danone SA France Consumer Staples
61 Banco Bradesco S.A. Brazil Financials
62 City Developments Ltd Singapore Financials
63 Stockland Australia Australia Financials
64 Johnson Controls Inc United States Consumer Discretionary
65 Vodafone Group Plc United Kingdom Telecommunication Services
66 Procter & Gamble Co. United States Consumer Staples
67 H & M Hennes & Mauritz AB Sweden Consumer Discretionary
68 Swiss Reinsurance Company Switzerland Financials
69 International Business Machines Corp. United States Information Technology
70 Kingfisher Plc United Kingdom Consumer Discretionary
71 Enbridge Inc. Canada Energy
72 Ricoh Co. Ltd Japan Information Technology
73 Samsung Electronics Co. Ltd South Korea Information Technology
74 Glaxosmithkline Plc United Kingdom Health Care
75 Stmicroelectronics N.V. Switzerland Information Technology
76 Encana Corp. Canada Energy
77 Sysmex Corp. Japan Health Care
78 Electrocomponents Plc United Kingdom Information Technology
79 Insurance Australia Group Australia Financials
80 Nissan Motor Co. Ltd Japan Consumer Discretionary
81 Petrobras Petroleo Brasileiro Brazil Energy
82 Pennon Group Plc United Kingdom Utilities
83 JCDecaux S.A. France Consumer Discretionary
84 Coloplast A/S Denmark Health Care
85 Ibiden Co. Ltd Japan Information Technology
86 Baxter International Inc United States Health Care
87 CapitaLand Limited Singapore Financials
88 London Stock Exchange Group Plc United Kingdom Financials
89 Nexen Inc. Canada Energy
90 Prologis United States Financials
91 Sun Life Financial Inc. Canada Financials
92 HSBC Holdings Plc United Kingdom Financials
93 Lawson Inc. Japan Consumer Staples
94 J Sainsbury Plc United Kingdom Consumer Staples
95 Royal Bank Of Canada Canada Financials
96 Intesa Sanpaolo S.p.A. Italy Financials
97 Origin Energy Ltd Australia Energy
98 Dairy Crest Group Plc United Kingdom Consumer Staples
99 Ramsay Health Care Ltd Australia Health Care
100 Reliance Industries Ltd India Energy
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