Top 5 most sustainable companies

Sustainability in the corporate sector is more crucial than ever. Fortunately, some companies are going above and beyond their competitors’ sustainable efforts, leading the way for future change

  • By Millicent Angel | Wednesday, June 20th, 2018

Valeo earned itself third place on Corporate Knight's list of the 100 most sustainable companies for its commitment to energy efficiency and reducing pollution

With greenhouse gas production, deforestation and pollution rapidly increasing, it is now more important than ever for companies to be environmentally friendly. In light of this, Corporate Knight released a report listing the 100 most sustainable companies globally. From aerospace and defence systems to biopharmaceutical companies, The New Economy details Corporate Knight’s five most sustainable companies in the world:

Dassault Systemes
Established in 2002, Dassault Systemes has quickly become a world leader in product innovation platforms, offering software systems in fields such as aerospace, defence, industrial equipment and natural resources. Dassault Systemes virtualises the design process by creating 3D designs and digitally simulating and optimising products. This method eliminates the need to make physical prototypes, saving resources and materials.

With a heavy focus on achieving safe, compliant and sustainable operations, as well as an awareness of its environmental responsibility, the French company gained first place on Corporate Knight’s list.

The Finnish oil refiner was ranked as the second most sustainable business in the report and the best in the oil and gas industry. Using sustainable and renewable raw materials for its fuels, Neste produces premium quality traffic fuels that generate 90 percent less emissions than conventional crude oil. Neste provides environmental training across all its sites and ensures the palm oil it uses is certified by the Roundtable on Sustainable Palm Oil.

Neste produces premium quality traffic fuels that generate 90 percent less emissions than conventional crude oil

Valeo is an automotive supplier and partner to automakers worldwide, designing innovative solutions for smart mobility. Since 2009, the French company has decreased its direct and indirect carbon dioxide emissions by five percent. Moreover, it has spent €17.2m ($19.9m) on environmental protection, reducing its water use and improving energy efficiency.

Eco-design is also a big focus at Valeo, with the company striving to improve its recycling processes, use less raw materials, reduce the weight of its materials and produce less pollution during re-treatment.

UCB is a global biopharmaceutical company focused on improving the quality of life for people living with neurology and immunology conditions. By 2016, 97 percent of UCB’s waste was recovered.

In addition to this, the company has strict ethical rules; it fights slavery and human trafficking and is a strong supporter of human rights across the globe. This is largely thanks to UCB’s observation of the UN Global Compact’s principles on human rights, labour, the environment and anti-corruption, which ensure no human trafficking occurs in UCB’s business, nor in any partners of the business.

Another Finnish company, Outotec provides construction and engineering solutions. Outotec has reduced its greenhouse gas emissions by 6.2 million tonnes and had no significant spills in operations or project sites in 2017.

Outotec’s diligent care for the environment includes pollution prevention and sound environmental management for all its operations. Using minimal energy and materials throughout its operations makes it one of the world’s most sustainable companies.