Newsweek launched a ranking of the greenest companies in America in its current issue and Hewlett-Packard took top honors.The Newsweek Green Rankings is the first-ever report based on companies' actual environmental footprint, policies and practices. The twelve-page report in the September 28 issue, (on newsstands now), features a green as measured by revenue, market capitalization and number of employees.
Baxter International, which has a plant in North Cove, was ranked #1 in the healthcare equipment and services sector and #35 overall.
On Newsweek.com, users can search and sort the data in several ways, analyze the detailed methodology of the study and submit and review comments.
"This is the first time a media organization has ranked companies in this way," said Kathleen Deveny, Global Business Editor of Newsweek. "Most green lists are anecdotal -- ours is the result of a massive database research project conducted in collaboration with three of the leading players in environmental research: KLD, Trucost and Corporate Register."
The companies are ranked based on a number of criteria, including: each
company's greenhouse gas emissions, toxic waste emissions and use of other natural resources. Newsweek and its partners also assessed the companies' management of environmental issues and policies, regulatory compliance and policies concerning climate change. The rankings also factor in the
results of an exclusive reputational survey of CEOs, corporate social
responsibility officers, members of the media, academics, and members of key environmental groups.
As determined by the study, the top 10 greenest companies in America are:
1. Hewlett-Packard Company
2. Dell Inc.
3. Johnson & Johnson
4. Intel Corporation
5. IBM
6. State Street Corporation
7. NIKE, Inc.
8. Bristol-Myers Squibb Company
9. Applied Materials, Inc.
10. Starbucks Corporation
Newsweek also broke out the list by industry sector, determining the top 10
greenest companies in their respective industries. The top companies from
each industry are:
Industry: Name:
Banks & Insurance Wells Fargo & Company
Basic Materials Praxair, Inc.
Financial Services State Street
Corporation
Food & Beverage Coca-Cola
Enterprises, Inc.
General Industrials,
Construction & Materials ITT Corporation
Health Care Equipment & Services Baxter International Inc.
Industrial Goods & Services Agilent Technologies, Inc.
Industrial Transportation,
Aerospace & Defense United Technologies
Corporation
Media, Travel & Leisure Starbucks Corporation
Oil & Gas Marathon Oil
Corporation
Personal and Household Goods,
Autos & Auto Parts NIKE, Inc.
Pharmaceuticals & Biotechnology Johnson & Johnson
Retail Kohl's
Corporation
Technology & Telecommunications Hewlett-Packard Company
Utilities PG&E
Corporation
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