Environmental Rankings Assess Largest Publicly Traded Companies Globally And In The U.S.
ST. LOUIS – Monsanto announced that it has placed no. 12 out of 500 of the largest U.S. publicly traded companies in the 2016 Newsweek Green Rankings, which is created in partnership with Corporate Knights and HIP Investor. This represents a dramatic jump from last year’s rankings when Monsanto placed 52nd.
Monsanto continues to lead the agriculture sector in the Newsweek Green Rankings. The company also improved significantly on the global rankings list, moving to 22nd place in 2016, up from 84th in 2015.
“We’re delighted by the acknowledgment of our sustainability efforts by the 2016 Newsweek Green Rankings,” said Hugh Grant, Monsanto Chairman and CEO. “Our people are focused on collaborating with others to feed a growing planet in a changing climate. Through efforts with farmers on carbon neutral crop production and our company’s intention to be carbon neutral by 2021, we hope to help create a food-secure world that protects the environment.”
In the past year, Monsanto advanced multiple important sustainability goals. The company increased irrigation efficiency in its seed production business and curbed the intensity of its operational greenhouse gas emissions in the crop protection business. Additionally, Monsanto became the first company to partner with the National Fish and Wildlife Foundation’s Monarch Butterfly Conservation Fund, making a multimillion-dollar commitment to support efforts to benefit monarch butterflies.
In Puerto Rico, the company announced this year that they plan to continue strengthening its plant breeding activities in Puerto Rico through investments in field operations, new breeding technologies and expanded facilities.
The updates Monsanto has made to its Juana Díaz facilities are a step forward in its vision for maximum sustainable production in its Breeding operations. Through sustainable seed production the company expects to reduce pesticide applications, as well as its overall crop production footprint and carbon emissions from reductions in soil tillage.
“In the current global business and political climate, no company can continue to ignore its environmental footprint and there’s good news: Newsweek’s 2016 Green Rankings show that the world’s biggest companies are improving when it comes to energy productivity and in limiting greenhouse gas emissions,” said Elijah Wolfson, Senior Editor for Newsweek. “Our hope is that the rankings will propel leaders to start looking at their environmental impact not just in terms of carbon use, but comprehensively, and make the changes necessary to sustain both business growth and environmental viability.”
For more information about Monsanto’s sustainability initiatives, visit the 2015 Sustainability Report: http://www.monsanto.com/sustainability.
For more information about the 2016 Newsweek Green Rankings, visit here: http://www.newsweek.com/green-2016.
For more information about Newsweek, visit: newsweek.com or corp.ibt.com. For all use of the Newsweek Green Rankings 2016 logo, please contact PARS International: http://ibtreprints.com/newsweek-green/.
About Monsanto Company
Monsanto is committed to bringing a broad range of solutions to help nourish our growing world. We produce seeds for fruits, vegetables and key crops – such as corn, soybeans, and cotton – that help farmers have better harvests while using water and other important resources more efficiently. We work to find sustainable solutions for soil health, help farmers use data to improve farming practices and conserve natural resources, and provide crop protection products to minimize damage from pests and disease. Through programs and partnerships, we collaborate with farmers, researchers, nonprofit organizations, universities and others to help tackle some of the world’s biggest challenges. To learn more about Monsanto, our commitments and our more than 20,000 dedicated employees, please visit: discover.monsanto.com and monsanto.com. Follow our business on Twitter® at twitter.com/MonsantoCo, on the company blog, Beyond the Rows® at monsantoblog.com or subscribe to our News Release RSS Feed.
Newsweek is a premier news magazine and website, bringing high-quality journalism to readers around the globe for over 80 years. Newsweek provides the latest news, in-depth analysis and ideas about international issues, technology, business, culture and politics. In addition to its online and mobile presence, Newsweek publishes weekly English print editions in the United States, Europe/Middle East/Africa and Asia as well as editions in Japanese, Korean, Polish, Serbian, Spanish and Czech. Newsweek is owned by IBT Media. For more information, visit: newsweek.com or corp.ibt.com.
Newsweek Green Rankings Methodology:
The U.S. 500 consists of the 500 largest publicly-traded companies headquartered in the U.S. by market capitalization as at 31 December 2015. The Global 500 consists of the 500 largest publicly-traded companies in the world by market capitalization as at 31 December 2015.
Data is obtained from HIP Investor, Bloomberg and the CDP (via Bloomberg). All companies are contacted for data verification, whenever possible once all available items of data have been obtained.
The 2016 Newsweek Green Rankings measures the environmental performance of large public companies using eight clearly defined key performance indicators. The methodology is clear and rules- based, and the process meets the test of being replicable by a third party. A company’s overall score is a weighted average of their eight KPI scores. Combined Energy Productivity Score, Combined GHG Productivity Score, Combined Water Productivity Score, Combined Waste Productivity Score, Green Revenue Score, Sustainability Pay Link, Sustainability Board Committee, Audited Environmental Metrics
About Corporate Knights
Corporate Knights is Independent media and financial research B Corp with more than a decade of experience doing corporate sustainability ratings including the Global 100 Most Sustainable Corporations in the World, Newsweek Green Rankings, and Sustainable Stock Exchanges Ranking. The company designed and developed CleanCapitalist.com, a global platform for ranking and tailoring investment portfolios according a person’s specific values. The vision of Corporate Knights is information empowering markets to foster a better world.
About HIP Investor
Founded in 2006, HIP (Human Impact + Profit) Investor produces 17,000 investment ratings and rankings of stocks, bonds and mutual funds based on the fundamental drivers of value, including people, products, natural resources and trust. HIP Investor applies its ratings to advise investors, manage portfolios, and partner with advisors to deliver sustainable 401(k) plans. The HIP Investor textbook (Wiley, 2010) is included in 26 university and MBA curricula. See www.HIPinvestor.com.