MISSISSAUGA, O.N., Jan. 27 /CSRwire/ – For the second year in a row, BASF has been named to the Global 100 index of the world’s most sustainable corporations by Corporate Knights, the Toronto-based media and investment advisory company.
The Global 100 consists of the 100 top-performing stocks worldwide on a range of sector-specific sustainability metrics. Companies named to the Global 100 are considered the top overall sustainability performers in their industry. BASF placed 12th overall.
“For BASF, inclusion in this index is recognition of how we create chemistry for a sustainable future by combining long-term oriented economic success with social and environmental sustainability,” said Charlene Wall-Warren, Director of Sustainability for BASF in North America.
The Global 100 are determined using a four step ranking process. First, approximately 4,000 public companies are screened for sustainability disclosure practices, financial health, product categories and financial sanctions. The remaining companies are then scored on the key performance indicators for their respective industry group.
“The results speak for themselves,” said Toby Heaps, CEO of Corporate Knights. “Topping a well-diversified benchmark is not easy, but the Global 100 has managed to squeak out marginal out-performance across a turbulent period in the history of the capital markets. We attribute this excess return to the growing investment relevance of core sustainability themes, including water scarcity, rising energy prices and growing competition for human capital, all of which are captured in the Global 100 methodology.”
For full ranking and other details, visit: www.global100.org.
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