By Rob Starr, Content Manager, Big4.com
According to The Sustainability Yearbook 2013, Companies from the US, Germany and South Korea are at the top of the 2013 international gold medal-table for sustainable business. Every year RobecoSAM rigorously assesses the sustainability performance of more than 2,000 companies across 58 sectors. Based on an in-depth analysis, each company is scored on up to 120 financially material economic, environmental, social and governance criteria specific to its own industry with a focus on long-term value creation.
The 10th edition of The Sustainability Yearbook will be published by RobecoSAM, the investment specialist focused exclusively on Sustainability Investing and KPMG International at the World Economic Forum Annual Meeting in Davos, Switzerland on 23 January 2013.
The country with the highest number of gold medal winners for sustainable business was the US, with nine companies shining: Molson Coors Brewing Co (Beverages sector), Alcoa Inc (Aluminium), Sonoco Products Co (Containers & Packaging), Herman Miller Inc (Furnishing), UnitedHealth Group (Healthcare Providers), Baxter International Inc (Medical Products) and Waste Management Inc (Waste & Disposal Services). All these companies are leaders in their respective sectors. PepsiCo (Beverages) and MeadWestvaco Corp (Containers & Packaging) also scored highly enough to be awarded gold medals.
“ Sustainable business is entering a period of unprecedented opportunity and risk due to a potent cocktail of megaforces including climate change, population growth, water scarcity, urbanization and ecological decline. Investors should consider the companies awarded gold medals in The Sustainability Yearbook 2013 as among the best prepared within their own sectors to manage these challenges and make themselves fit for the future,” said Yvo de Boer, Special Global Advisor on Climate Change & Sustainability, KPMG International.
For each of the 58 sectors, The Sustainability Yearbook 2013 provides a summary of the associated sustainability opportunities and risks. In other words, this edition has 58 individual summaries, in which different sustainability topics are addressed depending on the sector. Furthermore, it highlights the unique economic, environmental and social dimensions that are relevant to the sustainability analysis of each sector in sustainable business. Overall it gives readers the opportunity to magnify what is happening at the sector level with regard to sustainability.