Sustainability and balance sheets: 100 top corporate citizens
Published on by Water Network Research, Official research team of The Water Network in Social
Norwegian energy company Statoil ASA wound up at the head of the latest Corporate Knights magazine’s Global 100 list, which features the best of the best when it comes to large companies focusing on the triple bottom line–giving weight to people, planet and profit. The company unseated last year’s leader, General Electric, which now comes in at No. 11. In case you’re wondering why an oil and gas production company is at the top of this list, this isn’t your average corporate sustainability or green business list. The ranking, which was compiled with the help of Legg Mason’s Global Currents Investment Management and Phoenix Global Advisors, is unique in that it looks at top-performing stocks according to various indexes and THEN rates those companies from a sustainability standpoint. But Statoil’s inclusion is definitely noteworthy, when you look at all the different balance sheet considerations that go into the list selection: Read more at: http://www.smartplanet.com/business/blog/business-brains/sustainability-and-balance-sheets-100-top-corporate-citizens/13332/