Of the 6,720 corporations the Company Knights crew analyzed for our 2023 International 100 rating of the world’s most sustainable companies, a choose few stand out. Listed below are a handful main the pack on six key indicators.
Most sustainable investments: Iberdrola
Referred to as the “Exxon of inexperienced energy” by The New York Instances, Spanish electrical energy firm Iberdrola led all different International 100 corporations when it comes to sustainable investments in 2022. It pumped €8.6 billion into inexperienced belongings, comparable to renewable power and EV charging, in addition to power storage and hydrogen manufacturing.
Most gender-diverse executives: Xerox
Xerox has prided itself on its efforts to rent a extra racially various workers courting to the Nineteen Seventies, and now the Connecticut-headquartered doc administration firm is a frontrunner in gender range, partly because of the efforts of former CEO Ursula Burns. Greater than 58% of its execs are girls, up from 43% final yr.
Most racially various executives: HP
In 2020, underneath the management of its new CEO, Enrique Lores, HP introduced a aim of doubling the variety of its executives who’re Black and African American by 2025. The multinational IT company is already effectively on its approach to diversifying its management, as 58% of its executives are racially various, up from 43% in 2021.
Lowest hole in CEO-to-average-worker pay: Storebrand
Although Norway’s Storebrand CEO Odd Arild Grefstad’s compensation elevated to 9.32 million kroner in 2022 from 9.03 million in 2021, his monetary companies firm leads in terms of the ratio of CEO-to-worker pay: 6.5 to 1. The whole compensation of the Norwegian firm’s workers rose to
2.73 billion kroner in 2022.
Highest % taxes paid: Commerzbank
Some corporations are infamous for his or her means to keep away from paying taxes, however Commerzbank isn’t amongst them. The German financial institution had the best ratio of money taxes paid over the 2017 to 2021 interval of any G100 firm, at 30% (down from 34.63% within the earlier interval). Of the highest 10 corporations on this class, 5 others have been from Europe.
Highest progress in sustainable income: Intesa Sanpaolo
The Italian financial institution had the most important progress in sustainable income – skyrocketing 234% over final yr. Intesa Sanpaolo additionally ranked first in whole sustainable income in Company Knights’ 2022 Sustainable Banking report, with US$3.68 billion, because of environmental lending, lending by means of high-impact social loans and underwriting inexperienced bonds.