Sunday, June 24, 2007

Companies fighting climate change rated & ranked

The solution to global warming will be marketplace driven. For the market to work, consumers need to know what companies are doing to reduce their footprints. Schemes like Climate Count, and corporate carbon counting systems will be keenly observed.

clipped from blogs.wsj.com

Companies Judged for Global-Warming Awareness, Found Lacking


A new group is giving consumers a way to evaluate the companies whose products they buy based on their commitment to fighting climate change. The takeaway: There is a lot of room for improvement.

A nonprofit group called Climate Counts has come out with a new ranking of 56 companies divided into eight sectors. Each company was assigned a score on a scale of 0 to 100, with 100 meaning the company is perfectly committed to fighting global warming. The highest-scoring of all companies was camera maker Canon (part of the “electronics” group), with a score of 77. Second in the electronics group was IBM, with a score of 70. In the apparel group, shoe company Nike topped the list with a 73. Leading the food-products group was Unilever, which makes Dove soap and Lipton teas, with a score of 71. These were the only four companies to score 70 or higher.

After that, the scores dropped off dramatically.


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