Wind turbine manufacturing giant Vestas (CPH: VWS) has been named as the most sustainable company in the world for 2022.
It is a marked improvement for the Danish company, which ranked 21st in the 2021 index.There was further success for Denmark with Orsted, one of the world’s biggest renewables company, receiving the title of most sustainable energy company.
It marks four years as the top perfoming energy company for Orsted (CPH: ORSTED), which came in 7th overall, down from 2nd last year.
Spanish company Iberdrola (BME: IBE) also made the cut, ranking 25th, a slight drop on last year’s position.
Published by Corporate Knights, the 18th annual ranking of the world’s most sustainable corporations was released on Wednesday.
The ranking is based on a detailed assessment of 6,914 companies, each with more than $1 billion in revenue, where performance across a range of sustainability metrics is evaluated.
The index revealed circularity and ambitious carbon emissions reduction goals as highly prevalent amongst high performers.
Henrik Andersen, chief executive and president of Vestas, said: “Vestas has successfully helped our partners avoid more than 1.7 billion tonnes carbon emissions over the past four decades.
“Building a more sustainable future for our planet however, demands that we do more.
“As the energy transition accelerates, Vestas is dedicated to making sure this transformation unfolds sustainably, in close collaboration with our partners.” Energy Voice - link - Hamish Penman - link - more like this - link
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