Today Corporate Knights Inc., which publishes one of the world’s largest magazines focused on clean capitalism, presented the 18th annual Global 100 Most Sustainable Corporations in the World.
Since 2005, the Global 100 has been unveiled annually during the World Economic Forum in Davos with an in-person CEO roundtable. For the second year, the Toronto, Ontario-based organization presented a virtual version of the event.
According to CEO Toby Heaps, this year, Corporate Knights is focusing on actions business and political leaders can take to close the “say-do gap” on emissions reductions commitments made at COP26. He also introduced EARTH INDEX, a simple and leading edge new tool that illuminates emissions reductions performance gaps and opportunities in G7 and BRICS countries.
Corporate Knights CEO Toby Heaps introduces a new index that points out emissions reductions performance gaps and opportunities.
The executive roundtable provided an informative and inspiring discussion on driving global decarbonization and how Global 100 companies can change the political climate.
The leadership panel participating in the virtual Corporate Knights roundtable on January 19, 2022.
The leadership panelists in attendance included, from left to right: Esther An. Chief Sustainability Officer, City Developments Limited; George R. Oliver, CEO, Johnson Controls; Minna Aila, SVP Sustainability, Neste; Christophe Beck, CEO, Ecolab; Roberto Guidetti, CEO, Vitasoy; Toby Heaps, CEO, Corporate Knights (moderator); Mads Nipper, CEO, Ørsted A/S; Jean-Pascal Tricoire, CEO, Schneider Electric Lawrence Kurzius, CEO, McCormick & Co.; Henrik Andersen, CEO, Vestas Wind Systems; and, Hakan Bulgurlu, CEO, Arcelik.
The Corporate Knights’ 2022 ranking of the world’s 100 most sustainable corporations is based on a rigorous assessment of nearly 7,000 public companies with revenue over US$1 billion.
These are the Canadian companies that made the cut:
2022 G100 Rank / 2021 G100 Rank / Company / Country / Climate Commitments / Score
|17||5||Stantec Inc||Canada||1.5°C, SBTi||B+|
|34||Canadian Pacific Railway Ltd||Canada||SBTi||B|
|41||29||IGM Financial Inc||Canada||NZAM||B-|
|49||54||Telus Corp||Canada||1.5°C, SBTi||B-|
|55*||69||Sun Life Financial Inc||Canada||NZAM||C+|
|74||91||Teck Resources Ltd||Canada||C|
|79||Gildan Activewear Inc||Canada||C|
|80||47||Bank of Montreal||Canada||NZAM, NZAO||C|
|81||68||Cogeco Communications Inc||Canada||1.5°C, SBTi||C|
|86†||73||Agnico Eagle Mines Ltd||Canada||C-|
|98||99||Canadian Tire Corporation Ltd||Canada||D|
“It is an honor to be recognized once again by Corporate Knights,” said Gord Johnston, president and chief executive officer of Stantec. “Global benchmarks in corporate sustainability recognize our commitment to climate action within our operations and reflect the important role we serve in helping communities transition to a low-carbon future and respond to climate change. Stantec is at the forefront of innovations that help communities predict and plan for climate change, mitigate its impacts and enhance the resiliency of their infrastructure.”
Global energy leader Vestas Wind Systems earned the top spot on the list. CEO Henrik Andersen encourages industry and governments to work together, harmoniously and aggressively, to effectively tackle climate action initiatives.
Christophe Beck, CEO of Ecolab, a global leader in providing water, hygiene, and infection prevention solutions, discussed the importance of committing to net zero targets and of conserving drinking water around the world. He also announced that the company is helping to form a global water resilience coalition involving 150 of the largest firms, which use one third of the world’s water.
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Featured image credit: istock.