The Wall Street Journal is out with its first annual list of what it is calling "The World's Most Sustainably Managed Companies," produced out of a sense that "CEOs increasingly are embracing the idea that a company’s environmental, social and governance practices will play a role in its future success. For example, a quarter of CEOs now strongly agree that investing in climate-change initiatives could lead to significant new product and service opportunities for their businesses, up from 13% in 2010, according to a 2020 survey of more than 1,500 global CEOs by PricewaterhouseCoopers.
According to the Journal, "This ranking was produced by the Journal’s environment, social and governance research analysts, who assessed more than 5,500 publicly traded businesses based on sustainability metrics in such areas as business model and innovation, external social and product issues, employee and workplace issues, and the environment. The ranking’s methodology takes a broad view of sustainability, one which assesses a company’s leadership and governance practices for their ability to create value for shareholders over the long term."
You can see the list here.
- KC's View:
But don't look for any retailers on it. There aren't any.
Which may be because no retailers went through the process of being evaluated. I just thought this was notable.