For the second straight year, Google (Nasdaq: GOOG) and IBM (NYSE: IBM) have been named to the Sustainable Business 20 (SB20) List: The World’s Top Sustainable Stocks.
SustainableBusiness.com, which released its 8th Annual SB20 list this week, said that Google "leaves no stone unturned" in their green initiatives and has been more active in the last couple years than most firms are in a decade.
IBM was recognized for the increasing role that sustainability plays in driving the company’s business. In addition to greening its own and customers’ data centers, IBM has launched a suite of consulting services that help clients reduce their carbon footprints.
In addition to technology companies, this year’s SB20 list also features top companies in the geothermal, smart grid, water, food, solar and agriculture sectors, among others.
The list of 20 companies is presented in the Progressive Investor newsletter, published by SustainableBusiness.com, which tracks and analyzes green stocks.
"Our goal is to create a list that showcases public companies that, even over the past most difficult year, have made substantial progress in either greening their internal operations or growing a business based on an important green technology," says Rona Fried, Ph.D., SustainableBusiness.com CEO and Editor of Progressive Investor.
The list features small companies and well-known large ones from most regions of the world, not just the USA. The selections are made from the deep knowledge and experience of our judges, not numerical formulas.
In addition, over a third of the companies populating this year’s SB20 List are "Corporate Pioneers"–companies with conventional products and services that are greening their product lines.
Every company on the 2009 SB20 List has continued to grow their business during the recession, dominating their particular industry niche. Corporate pioneers have continued innovating on the green side despite the recession, an aspect which is increasingly viewed as a sign of management excellence and stronger financial performance.
The 2009 SB20 List
- First Solar (NASDAQ: FSLR)
- Vestas Wind Systems (VWS.CO; VWDRY.PK)
- Gamesa Corporacion Technologica (GAM.MC; GCTAF.PK)
- Ormat Technologies (NYSE: ORA)
- WaterFurnace Renewable Energy (WFI.TO; WFIFF.PK)
- Telvent Git, SA (Nasdaq: TLVT)
- Novozymes A/S (NZYMB.CO; NVZMF.PK)
- Westport Innovations (WPT.TO; WPRT)
- Pure Technologies (PUR.V)
- Naturex SA (NRX.PA; NNTUXF.PK)
- United Natural Foods (Nasdaq: UNFI)
- Chipotle Mexican Grill (NYSE:CMG)
- Plant Health Care plc (PHC.L; PLHCF.PK)
- Bendigo and Adelaide Bank (BEN.AX)
- Novo Nordisk (NOVO B.CO; NYSE: NVO)
- Google (Nasdaq: GOOG)
- IBM (NYSE:IBM)
- Herman Miller (Nasdaq: MLHR)
- Koninklijke Philips Electronics (NYSE:PHG; AEX: PHIA)
- Timberland (NYSE:TBL)
Read snapshots for each company at the link below.
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