Category: Business News
A ranking of the organizations doing the most to embrace sustainable business practices was revealed Tuesday at the World Economic Forum annual meeting in Davos, Switzerland. Compiled by Canadian research firm Corporate Knights since 2005, the Global 100 list ranks corporations with revenue in excess of $1 billion based on key metrics of sustainability, among them carbon footprint and gender diversity.
Topping this year’s list is Denmark-based renewable energy provider Ørsted. The first electricity company to earn the distinction of No. 1 climbed 69 spots since 2018 thanks, in part, to the way in which it has reinvented its business model over the past decade. “They completely revamped their core business from being a pretty coal-intensive utility to being almost a pure-play renewable power provider,” says Toby Heaps, cofounder and CEO of Corporate Knights.
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