HSBC Tops Ethical Rankings List
Covalence recently published their annual Ethical Rankings from a study of over 540 companies across 18 different industries. They used data from 2002 to Nov. ’08 and ranked companies according to waste management, labor standards, environmental impact of production, information to the consumer, human rights policies, plus 40 other criteria.
The following companies ranked highest overall, across all sectors:
- Marks & Spencer
- Rio Tinto
- General Electric
- Dell Computer
Xerox, General Electric, and DuPont entered the top ten for the first time, replacing IBM, Hewlett-Packard, and Toyota. Covalence also ranks companies by industry: sector leaders included Starbucks (Travel & Leisure), PG&E Corp (Utilities), and Nissan Motor (Automobiles & Parts).
HSBC’s Deputy Head of Corporate sustainability, Francis Sullivan, recently discussed the company’s carbon neutrality policies. This is just one of the many steps they’ve taken over the past few years to be more environmentally conscious.
Energy Manager News
- Clauses to Consider in Green Leases
- Bahama Yacht Club to Generate Power from Solid Waste
- Duke Energy, USF Launch Solar Battery Research Initiative
- Energy Storage Helps Hotel Reduce Demand Charges by 10%
- EU Smart Campus Pilot Achieves 30% Energy Savings
- Uline to Operate 130 GenDrive Fuel Cell Units from Plug Power
- Los Angeles Shopping Center Installs 504 kW Solar
- SustainCo Wins $575,000 Contract for Energy Management Controls