German sportswear manufacturer Puma tops EIRIS’ Top 10 Global Sustainability Leaders list while Apple earns a D, in a ranking that sees UK and European companies receive higher marks than their US and Asian counterparts.
With the UN’s 2012 Rio+20 Earth Summit coming up in June, the research house applied its Sustainability Ratings methodology to measure the sustainability performance of 2,063 global companies from the FTSE Aall World Developed Index. The report, titled “On track for Rio+20? How are global companies responding to sustainability?” identified 10 sustainability leaders and analyzes the performance of 50 of the world’s largest companies (by market cap).
A fifth of UK companies scored As, the highest ranking, based on their sustainability performance, followed by 12 percent of mainland European ones. But only 2 percent of US companies and 1 percent of Asian ones make the top grade in EIRIS’ Global Sustainability Ratings.
Puma received an A for its environmental management systems and reporting practices, along with its industry-leading supply chain policies, systems and disclosure, according to EIRIS analysts.
Source: Environmental Leader