Post by account_disabled on Feb 28, 2024 3:48:37 GMT -5
For the 18th time, Canadian Corporate Knights has released its annual index of the world's 100 most sustainable companies, based on a number of key environmental, social and governance (ESG) metrics. Do you want to know what are the best practices of the companies that enter this index? Here we tell you.
Certainly, the pandemic has continued to highlight Changsha Mobile Number List society's inequalities in 2021, and the urgency of addressing the climate crisis. This led to a year in which environmental, social and governance (ESG) issues took center stage in business, government and all walks of life.
According to the annual Corporate Knights Index , approximately 90% of countries have considered some form of net zero goal, as have hundreds of the companies listed on the world's largest stock exchanges. At the UN climate summit in November, $130 trillion in assets were committed to this goal.
more sustainable companies
What is Corporate Knights?
It is a financial information, research and media products company based in Toronto, Canada, focused on promoting an economic system where prices fully incorporate social, economic and ecological costs and benefits, and market participants are clearly aware of the consequences of their actions.
Corporate Knights has a media and research division, which includes the sustainable business magazine Corporate Knights, and a research division that produces corporate rankings, research reports and ratings of financial products based on corporate sustainability performance .
Its best-known rankings include Canada's 50 Best Corporate Citizens and the World's 100 Most Sustainable Corporations. In June 2013, Corporate Knights was named “Magazine of the Year” by the National Magazine Awards Foundation of Canada.
CSR of the most sustainable companies
As the “decade of action” to decarbonize the economy begins, more sustainable companies are more carbon and energy productive.
In 2021, 60 of the Global 100 companies joined the Science Based Targets initiative, aligning their emissions reductions with the requirements of the Paris Agreement. This year, that number inched to 65. And while non-Global 100 companies increased their clean investments from 22% in the 2021 ranking to 34% this year, the Global 100 invested, on average, 48% of their investments in clean activities, compared to a third a year ago.
47% of profits Global 100 companies make from clean products and services, compared to 30% for the benchmark index.
But, that's not all, Global 100 companies also perform better in other parameters, including sick pay. The ratio of CEO pay to the average worker is also lower at Global 100 companies, at 111:1, while at other companies, the pay gap has increased from 124:1 to 140:1, widening the gap. between executives and workers.
And while 87% of Global 100 companies link executive compensation to meeting sustainability goals, up from 80% last year, the share of companies in the benchmark index may have more than doubled, but that it is from just 14% last year to 34% this year.
In terms of diversity, at Global 100 companies, on average, 32% of directors are not men. When it comes to leadership diversity, 13% of Global 100 company board members and 12% of executives are racially diverse.
One area where Global 100 companies do not outperform the benchmark is in paying taxes: both the Global 100 and ACWI pay 13% taxes.
more sustainable companies
The Global 100 2022
Corporate Knights introduced a letter grading system this year that gives Global 100 companies grades ranging from A+ to D–. These ratings were converted from the companies' overall scores based on Corporate Knights' 23 key indicators.
The most sustainable companies in the Global 100 have sustainability practices well above average: Letter grades reflect the companies' standing relative to other high-performing companies.
This year, it is technology groups of all varieties that dominate, including telecommunications, chip makers, computer makers and business service providers.
Certainly, the pandemic has continued to highlight Changsha Mobile Number List society's inequalities in 2021, and the urgency of addressing the climate crisis. This led to a year in which environmental, social and governance (ESG) issues took center stage in business, government and all walks of life.
According to the annual Corporate Knights Index , approximately 90% of countries have considered some form of net zero goal, as have hundreds of the companies listed on the world's largest stock exchanges. At the UN climate summit in November, $130 trillion in assets were committed to this goal.
more sustainable companies
What is Corporate Knights?
It is a financial information, research and media products company based in Toronto, Canada, focused on promoting an economic system where prices fully incorporate social, economic and ecological costs and benefits, and market participants are clearly aware of the consequences of their actions.
Corporate Knights has a media and research division, which includes the sustainable business magazine Corporate Knights, and a research division that produces corporate rankings, research reports and ratings of financial products based on corporate sustainability performance .
Its best-known rankings include Canada's 50 Best Corporate Citizens and the World's 100 Most Sustainable Corporations. In June 2013, Corporate Knights was named “Magazine of the Year” by the National Magazine Awards Foundation of Canada.
CSR of the most sustainable companies
As the “decade of action” to decarbonize the economy begins, more sustainable companies are more carbon and energy productive.
In 2021, 60 of the Global 100 companies joined the Science Based Targets initiative, aligning their emissions reductions with the requirements of the Paris Agreement. This year, that number inched to 65. And while non-Global 100 companies increased their clean investments from 22% in the 2021 ranking to 34% this year, the Global 100 invested, on average, 48% of their investments in clean activities, compared to a third a year ago.
47% of profits Global 100 companies make from clean products and services, compared to 30% for the benchmark index.
But, that's not all, Global 100 companies also perform better in other parameters, including sick pay. The ratio of CEO pay to the average worker is also lower at Global 100 companies, at 111:1, while at other companies, the pay gap has increased from 124:1 to 140:1, widening the gap. between executives and workers.
And while 87% of Global 100 companies link executive compensation to meeting sustainability goals, up from 80% last year, the share of companies in the benchmark index may have more than doubled, but that it is from just 14% last year to 34% this year.
In terms of diversity, at Global 100 companies, on average, 32% of directors are not men. When it comes to leadership diversity, 13% of Global 100 company board members and 12% of executives are racially diverse.
One area where Global 100 companies do not outperform the benchmark is in paying taxes: both the Global 100 and ACWI pay 13% taxes.
more sustainable companies
The Global 100 2022
Corporate Knights introduced a letter grading system this year that gives Global 100 companies grades ranging from A+ to D–. These ratings were converted from the companies' overall scores based on Corporate Knights' 23 key indicators.
The most sustainable companies in the Global 100 have sustainability practices well above average: Letter grades reflect the companies' standing relative to other high-performing companies.
This year, it is technology groups of all varieties that dominate, including telecommunications, chip makers, computer makers and business service providers.