Dell, IBM Top Newsweek's Green Lists

Dell (Nasdaq: DELL) and IBM (NYSE: IBM) ranked top on the second annual lists of green companies released this week by Newsweek magazine.

The magazine said its rankings analyze the environmental footprints, policies and reputations of the largest companies in the world and the U.S.

Dell topped the U.S. 500 list, followed by Hewlett-Packard (NYSE: HPQ), IBM (NYSE: IBM), Johnson & Johnson (NYSE: JNJ) and Intel (Nasdaq: INTC).

On the Global 100 list IBM was #1, followed by Hewlett-Packard, Johnson & Johnson, Sony (NYSE: SNE) and GlaxoSmithKline (NYSE: GSK).

To produce the lists, Newsweek collaborated with MSCI ESG Research, Trucost and CorporateRegister.com. 

Companies on each list were ranked by their overall Green Score–derived from three component scores: the Environmental Impact Score (EIS), the Green Policies Score (GPS), and the Reputation Survey Score (RSS), weighted at 45%, 45%, and 10%, respectively.

More than 700 metrics–including emissions of nine key greenhouse gases, water use, solid-waste disposal, and emissions that contribute to acid rain and smog–figured into the Environmental Impact Score.

More than 70 individual indicators were incorporated into the Green Policies Score, categorized into the following five issues: climate-change policies and performance; pollution policies and performance; product impact; environmental stewardship; and management of environmental issues. Data on regulatory compliance, lawsuits, controversies, and community impacts are also among the indicators taken into account within each category.

The reputation score was based on an opinion survey of corporate social-responsibility professionals, academics, and other environmental experts who subscribe to CorporateRegister.com. 

The full lists and additional information are available at the link below.