Umicore Ranked Number One in Global 100 Most Sustainable Companies in the World Index
Umicore was ranked as the most sustainable company in the Global 100 Most Sustainable Corporations in the World index. The index is published annually since 2005 by Corporate Knights, an independent media and investment research company based in Toronto, Canada.
Marc Grynberg, CEO of Umicore expressed his delight at this recognition and said that it reinforced Umicore’s commitment to continue its sustainable development efforts as part of the company’s Vision 2015 strategy and beyond.
“Umicore has made significant investments in clean technologies such as automotive catalysts and rechargeable battery materials and our recycling technologies support a truly unique closed-loop business approach. Our products and services are addressing global issues such as resource scarcity, clean mobility and the generation and storage of clean energy. We complement this by ambitious objectives to further improve our environmental and social performance."
"Being recognised as the most sustainable company is foremost an encouragement to continue to grow our business in a sustainable way. While we still have much work to do, this recognition shows that we are on the right track” Marc Grynberg says.
Corporate Knights uses its flagship Global 100 ranking and the underlying research methodology to explore sustainable investment strategies with investors. They mentioned that Umicore achieved the top overall ranking in the 2013 Global 100 due to its strong, across-the-board sustainability performance.
Corporate Knights collected data for the project primarily from Bloomberg and through direct engagement with the 350 companies that made the project’s shortlist, selected from approximately 4,000 global mid and large cap stocks. Umicore is one of two Belgian companies included in the Global 100 index.
Note to editors
The Global 100 is an annual project initiated by Corporate Knights, the company for clean capitalism. Launched in 2005, the Global 100 is announced each year during the World Economic Forum in Davos.
The Global 100 uses a two-step methodology. First, companies from the starting universe are screened according to their sustainability disclosure practices, financial health, product types and recent legal payouts. Those companies that remain are then scored, relative to their same-sector peers, on a set of key performance indicators (KPIs). A different suite of KPIs is used for companies in each industry, depending on recent reporting trends in each industry group.
In aggregate, the Global 100 had revenues of US$3 trillion (roughly 4.5 per cent of global GDP) and a workforce of nearly 5.3 million in 2011.
For more information: http://www.global100.org/