WBCSD members rank high on list of 100 most sustainably managed companies in the world

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13 October, 2020

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Member spotlight

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WBCSD Communications

The Wall Street Journal released a new ranking that focuses on companies’ ability to create long-term shareholder value puts Sony at the top.

Many WBCSD companies are present in this top 100 companies, with Philips NV, Iberdrola, Arkema, Mahindra & Mahindra, Saint Gobain, Nestlé, CLP Holdings, Eni, Kering, ABB, Royal Dutch Shell, Alstom, Total, Solvay, Apple, Randstad, IBM, Schneider Electric, Toshiba, Bayer, Infosys, Acer or International Paper among others.  

The WSJ research team’s assessments followed the framework of the Sustainability Accounting Standards Board, or SASB, which determines financial materiality of data points for each industry based on categories that are considered reasonably likely to affect the operating performance of a company. Those material categories were given greater weight in calculating the aggregate score that determined a company’s rank.

Each company was scored by combining up to 165 company-reported data items with an analysis of media coverage by more than 8,800 sources available via Factiva, a database information service owned by Wall Street Journal publisher Dow Jones & Co. Artificial-intelligence systems supporting the ranking were co-developed with data-service, advisory and technology provider Arabesque S-Ray, which also supplied the company data used for the scores.

For all of the companies, transparency was key. Scores reflect the amount of publicly available information about each company’s policies, initiatives and performance metrics—all of which can be important indicators of a company’s long-term financial performance and the effects it could have on the planet and people.

For the full story and the list of companies, please refer to the Wall Street Journal article.

The 100 companies ranking is available here.