In a world increasingly attuned to the environmental challenges, companies are recognizing the imperative to integrate sustainability into their business models. As we navigate the ever-changing landscape of corporate responsibility, the Global 100 index continues to spotlight the champions of sustainable practices. Here, we highlight the top 10 most sustainable companies in 2023, each making significant strides towards a greener and more ethical future.
Breaking into the top spot after ranking 15th in 2022, Schnitzer Steel Industries is rewriting the narrative for the steel industry. Despite being traditionally carbon-intensive, Schnitzer leads by example, recycling steel and metals. The company utilizes electric arc furnaces powered by hydropower, resulting in exceptionally low-carbon metal production. CEO Tamara Lundgren sees this achievement as a testament to how sustainability principles can rejuvenate even century-old industrial companies.
Danish wind turbine manufacturer Vestas Wind Systems secures its place among the top sustainable companies for another year. With a remarkable 24 percent reduction in volatile organic compound emissions since 2019, Vestas continues to make significant contributions to the renewable energy sector. Its commitment to both clean energy and the safety and wellbeing of its workforce cements its status as a global sustainability leader.
Brambles, a supply-chain logistics company, challenges preconceptions about sustainability in the industry. While logistics often generates substantial waste, Brambles pioneers reusable pallets, crates, and containers. Embracing the sharing economy, the company aspires to establish regenerative supply chains that positively impact both the environment and communities.
Brookfield Renewable Partners is a powerhouse in the renewable energy sector, generating 99 percent of its electricity from renewable sources such as hydro, wind, and solar. With an extensive global presence and a capacity exceeding 24,000 megawatts, the company plays a pivotal role in helping governments and businesses achieve their decarbonization goals.
Autodesk distinguishes itself by deriving 93 percent of its revenue from sustainability-optimizing software for buildings and infrastructure. Committed to enhancing energy and material efficiency while reducing waste, Autodesk actively contributes to the transition towards a low-carbon economy.
Evoqua Water Technologies sets ambitious goals for water sustainability, aiming to recycle and reuse more water than it withdraws by 2035. Specializing in wastewater treatment systems and technologies, the company supports industrial, commercial, and municipal markets worldwide in adopting more sustainable practices. The Water One service, a digital water management platform, exemplifies Evoqua's commitment to building better water treatment systems.
Stantec secures its spot by providing engineering, architecture, and environmental solutions with a focus on ecosystem restoration. As a partner in the United Nations' Decade of Ecosystem Restoration, Stantec contributes to global efforts to prevent, halt, and reverse ecosystem degradation.
Siemens Gamesa Renewable Energy secures its position with the development of the world's first recyclable wind turbine blade, the RecyclableBlade. Beyond environmental protection, the company actively engages in poverty alleviation and technological education initiatives within diverse communities.
Surprisingly, the Taiwan High-Speed Rail emerges as a sustainability leader, boasting a 99 percent punctuality rate and transporting 43 million passengers in 2021. Beyond energy and carbon productivity, the company earns accolades for its pension fund quality and efforts to enhance local connections.
Dassault Systèmes, rooted in aerospace, has transitioned to sustainability by offering software for 3D product design and manufacturing. Beyond environmental commitments, the company prioritizes positive social impact and employee wellbeing, solidifying its position among the top 10 most sustainable companies of 2023.
These 10 companies stand as beacons of sustainability, demonstrating that profitability and environmental responsibility can go hand in hand. As they continue to lead by example, their innovative approaches inspire hope and set new benchmarks for businesses worldwide. In a world grappling with urgent environmental challenges, these companies serve as catalysts for positive change, showcasing that sustainable practices are not just commendable but also crucial for the longevity of our planet.