Global 100 companies represent the top 1 percent in the world on sustainability performance. To determine the ranking, more than 8,000 companies have been analyzed against global industry peers on a suite of up to 24 quantitative key performance indicators.
January 27, 2021. By Manu Tayal
Global tech giant ABB has been ranked 33 among world’s 100 most sustainable companies by significantly improving its score as compared to last year’s ranking.
The ranking has been issued by Corporate Knights, an international media and research organization.
Global 100 companies represent the top 1 percent in the world on sustainability performance. To determine the ranking, more than 8,000 companies have been analyzed against global industry peers on a suite of up to 24 quantitative key performance indicators, covering resource management, employee management, financial management, clean revenue and investment and supplier performance that are weighted to reflect each industry’s impact profile.
Commenting on the development, Theodor Swedjemark, Group Executive Committee member responsible for Sustainability, said “ABB is proud to be acknowledged as one of the Global 100 most sustainable corporations in the world. Sustainability is a core part of our company Purpose as well as the value we create for all of our stakeholders. Rooted in our long history of sustainability performance, our recently launched 2030 sustainability strategy represents a new level of ambition. We want to lead by example and have committed ourselves to making a difference across our value chain and society. As a company, we aim to be carbon-neutral by 2030 and our leading technologies will both enable our customers to reduce their emissions and preserve resources.”
With its 2030 sustainability strategy launched in November 2020, the company has been actively enabling a low-carbon society as well as working with its customers and suppliers to implement sustainable practices across its value chain and the lifecycle of its products and solutions. At the same time, the company said that it is committed to driving social progress, along with its suppliers and in the communities the company operates in.
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