15 Nordic companies are in the top 100
Corporate Knights, a Canadian company that works for "Clean Capitalism", released earlier this year its 14. annual rankings of the world's 100 most sustainable large companies. The 100 is found from 5.994 listed companies with at least 1 billion. USD in annual revenue from 22 countries, each of which has been evaluated from up to 17 environmental, social and managerial indicators.
The indicators range from energy consumption, CO2 emissions, the beneficial value of the company's products and services to the environment over innovation costs and paid taxes to the proportion of women in management and management salaries relative to the average of ordinary employees.
Denmark: Chr. Hansen (66), Ørsted (70) and Vestas (96)
Sweden: LM Ericsson (28), Svenska Cellulosa (40), H&M (57, Sandvik (65), Nordea (86)
Norway: Storebrand (38), Orkla (87)
Finland: Next (2), Outotec (5), Kesko (31), Nokia (35), Wartsila (88)
Subject to the ranking methodology, it is quite well done by the Nordic countries. 15 out of the world's Top 100 with a total population of about 0,35%. of the world's population.
Interesting observations from the study:
- The 100 companies paid an average of 27%. more in tax and had three times as many female top executives than the average multinational company with an annual turnover of over NNK billion. USD.
- In an era where the average multinational company has existed for less than 40 years, the average of the 100 companies is 85 years. 36 of the companies have existed for more than 100 years.
- An investment in the shares of the companies in the global Top 100 rankings (equitable distribution) since the ranking started in 2005 would have outperformed the benchmark MSCI All Country World Index by just under a third, Corporate Knights writes in press release.