location: japan year founded: 1945 revenue: $84.2 billion employees: 145,000
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8/14/2019 Location: Japan Year Founded: 1945 Revenue: $84.2 Billion Employees: 145,000
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HondaLocation: Japan
Year founded: 1945
Revenue: $84.2 Billion Employees: 145,000 The most fuel-efficient auto company in the U.S.
While other automakers gripe, Honda attacks the issues of fuel economy and emissionswith relish. Working independently, it is focusing on two alternative fuel technologies,the natural gas powered "Civic GX" and the hydrogen fuel cell "FCX." Honda has alsotaken a crack at solving a problem other automakers have left to the oil companies:creating an infrastructure for hydrogen. Honda's solution is for individual refuelingstations that provide heat and electricity for the home as well as hydrogen for a fuel-cell- powered car. Long term, Honda wants to be the world's cleanest, most efficientmanufacturer. It has promised to reduce CO2 emissions from its factories as well as itsvehicles by 5 percent between 2005 and 2010 - on top of the 5 percent it achieved
between 2000 and 2005. --Alex Taylor III
The Adams family of New Jersey - Kimberly, Eric and young Alice - are attached to their Civic GX natural gas vehicle, which they can refuel at home with Phill by FuelMaker.
Continental AirlinesLocation: Houston Year founded: 1934
Revenue: $13.1 Billion
Employees: 44,000
Worked with Boeing to engineer more fuel-efficient aircraft.
AMID RISING concern about aviation pollution, British Airways introduced a "CO2
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emission calculator" on its website, letting passengers pay to offset the carbon dioxidegenerated by their flights. Lufthansa recently equipped an Airbus A340 with a 1.5-tonmobile laboratory to track gases and compounds. But it is American airline Continentalthat's gone furthest to green operations. Besides spending more than $16 billion over the past ten years to replace its fleet with more efficient aircraft, it installed fuel-saving
winglets that reduce emissions by up to 5% on most of its Boeing 737s and 757s, andreduced the nitrogen oxide output from ground equipment at its Houston hub by over 75% since 2000. Its 13 full-time staff environmentalists work with engine manufacturers,design green terminals, and track carbon emissions and chemical recycling daily. Even allthe trash from company headquarters is later sorted for recyclables. --Barney Gimbel
By washing the interior of this jet engine, Continental workers make flight more efficient.
Suncor Location: Canada
Year founded: 1917
Revenue: $13.6 Billion Employees: 5,500
Measures the environmental impact of each project.
Finding black gold is a dirty job - particularly when it's buried in tar sands. But Suncor still stands out for how it does the job. Its environmental and social efforts have earned itmembership in the Dow Jones sustainability index and the British equivalent, theFTSE4Good. In a survey of 23 global oil companies last year, Jantzi Research, a
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Canadian consultancy, named Suncor a top performer, noting its environmental andgreenhouse-gas management programs. Specifically, it has improved emissions intensity(the amount of oil it extracts per ton of greenhouse gases emitted) 25 percent since 1990.Ditto for energy, sulfur dioxide and nitrogen oxide. Suncor is part of an initiative todevelop carbon-capture techniques. And while Suncor hopes to double its production by
2012, its water management is so advanced that it expects to draw no additional water from Alberta's Athabasca River. --Cait Murphy
Suncor's Commerce City, Colorado, refinery was recently upgraded to meet clean fuelsregulations and handle a wider range of oil sands products.
TescoLocation: Britain
Year founded: 1919 Revenue: $71 Billion
Employees: 380,000
Cut energy use and is trying to get customers to think green.
Wind-powered stores, high-tech recycling, biodiesel delivery trucks - Tesco does all that.Last year the company pledged to cut the average energy use in its British buildings inhalf by 2010; now it says it will get there two years early. State-of-the-art trains that have
lower-than-normal noise and pollution reduce the use of trucks, slashing thousands of tons of carbon dioxide emissions; in a major store initiative, Tesco will estimate the"carbon costs" of each item. To ensure that its leadership walks the talk, Tesco nowdetermines senior-management bonuses partly on meeting energy- and waste-reductiontargets. Tesco is also encouraging customers to be greener by awarding points,redeemable for merchandise, to those who bring their own reusable shopping bags. --
Matthew Boyle
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Many Tesco stores, like this one in Evesham, offer savings incentives to encourage their customers to save energy.
AlcanLocation: Canada
Year founded: 1902
Revenue: $23.6 Billion Employees: 68,000
Investing in clean, efficient manufacturing
When Alcan took over French rival Pechiney in late 2003, the Montreal-based aluminum
maker also landed world-class smelting technology. Because of Pechiney's proprietarymethods (and an aggressive push by Alcan to track emissions), the company has beenable to reduce its greenhouse-gas output by 25 percent since 1990, while productionincreased 40 percent. Alcan's latest goal is to install a high-capacity process that increasesenergy efficiency by as much as 20 percent and lowers emissions. A pilot plant in Quebecis already under construction. "It's inherent to the engineering culture to respond to problems like these," says Alcan's Corey Copeland. "It's what makes engineers tick." --
Jia Lynn Yang
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Alcan has reduced greenhouse gas emissions from its aluminum smelting plants by 25 percent since 1990, while increasing production.
PG&E Location: San Francisco
Year founded: 1852
Revenue: $12.5 Billion Employees: 20,000
Strategic investments in efficiency and renewables.
PG&E Played a big role in getting mandatory controls on greenhouse gases enacted lastyear in California, and CEO Peter Darbee is now pushing for federal legislation.
The utility generates 56 percent of its retail electricity sales from non-greenhouse-gas-emitting sources, and it aggressively helps customers become more efficient. For instance, it subsidizes homeowners who buy energy-efficient appliances with $75 grants.PG&E is also experimenting with a variety of clean power alternatives. It is seeking permission to develop generation projects that could convert wave energy off the PacificCoast into electricity. It is bullish on solar thermal technology, and it has a pilot project inthe San Joaquin Valley in which cow manure is turned into electricity. "That's a dunggood idea," cracks Darbee.
Jokes aside, Darbee is seriously excited about the prospect of plug-in hybrids that would
draw power from the electricity grid at night and then feed power back into the gridduring the day when demand peaks. These clean cars would burn less gasoline, polluteless and take advantage of the utility industry's capital-intensive infrastructure. "Theenergy industry," Darbee concludes, "is on the brink of a revolution." --Marc Gunther
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The methane byproduct of these California cows' waste is delivered by pipeline to PG&Eand turned into electricity.
S.C. JohnsonLocation: Racine, Wis. Year founded: 1886
Revenue: $7 Billion
Employees: 12,000
Three generations of committed environmental stewardship.
In 1935, long before sustainability became a corporate buzzword, H.F. Johnson Jr. led a
15,000-mile expedition to Brazil in search of a sustainable source of wax, the carnauba palm tree, for his company's first product, Johnson's Wax.
His grandson and the current CEO, Fisk Johnson, has continued that legacy at S.C.Johnson, a family-owned company that makes Windex, Pledge, Ziploc bags and Raid. Itsmost notable innovation is its Greenlist process, a classification system that evaluates theimpact of thousands of raw materials on human and environmental health. By usingGreenlist, S.C. Johnson eliminated 1.8 million pounds of volatile organic compounds(VOCs) from Windex and four million pounds of polyvinylidene chloride (PVDC) fromSaran Wrap, which is now PVDC-free. (VOCs and PVDC are both pollutants.) Thecompany licenses Greenlist royalty-free to other firms that want to use it. It is also cutting
back its reliance on coal-fired power, recently building its own power plant that runs onnatural gas and methane piped in from a nearby landfill. Glenn Pricket of ConservationInternational says that when it comes to the environment, "Fisk Johnson is probably themost personally committed CEO I've met." --Marc Gunther
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S.C. Johnson has eliminated millions of pounds of pollutants from products like Windexand Raid through its Greenlist process.
Goldman SachsLocation: New York
Year founded: 1869
Revenue: $69.4 Billion
Employees: 24,000 Bold climate-change policy shapes major investments.
When Goldman Sachs announced a groundbreaking environmental policy in 2005, criticssaid chief executive Hank Paulson was imposing his green ethos. Wrong. The bank has
become even more planet-friendly since Paulson left. Why? Because it is doing lots of green business.
Goldman's investment of $1.5 billion in cellulosic ethanol, wind and solar have paid off.Texas Pacific and Kohlberg Kravis Roberts turned to Goldman, which had built bridgesto environmental groups, as they prepared a bid for Texas energy company TXU.Research clients are pleased that Goldman's equity analysts in Europe now factor environmental, social and governance issues into their reports. "The world's changing,"says one Goldman official. The company is too - some cars that take bankers home arehybrids.
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Goldman invested $1.5 billion in cellulosic ethanol, wind and solar power.
Swiss ReLocation: Switzerland
Year founded: 1863
Revenue: $24 Billion Employees: 10,500
Developing financial tools to deal with the risks of climate change.
Swiss Re's main product is insurance for insurers, so its products never come near asmokestack. And Swiss reinsurance companies are not exactly known for boldness. Evenso, Swiss Re has been way ahead of the pack on climate change, warning as early as 1994
about the bottom-line threat in the form of higher claims from storms and other weather-related disasters.
In addition, Swiss Re has pioneered products like weather-based derivatives to hedgethese risks. Buyers can bet on future heat waves or cold snaps with puts and calls onspecific periods of time and temperatures, much as conventional options have a presetstrike price for a stock. So a farmer in India might be able to buy insurance from a localinsurer in case the usual monsoon rains fail to arrive or, conversely, his fields are flooded.Swiss Re was also among the early supporters of the Chicago Climate Exchange, anemerging hub for traders in derivatives linked to carbon emissions. --Nelson D. Schwartz
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Swiss Re predicted that climate change would cause weather related distaters likehurricanes, floods and tornados, and sells derivatives to hedge those risks
Hewlett-Packard Location: Palo Alto
Year founded: 1939
Revenue: $91.7 Billion
Employees: 156,000
Silicon Valley's longtime industry leader in eco-sensitivity.
High tech is falling all over itself to go green. It may be that Prius-driving engineeringtypes are more eco-sensitive than the rest of us, or maybe they're simply battling for
competitive advantage. The fact is, as more of modern life goes digital, the environmentalimpact of those computers and gadgets has gone from negligible to considerable.Hewlett-Packard has done the most to mitigate that. HP owns massive e-waste recycling plants, where enormous shredders and granulators reduce four million pounds of computer detritus each month to bite-sized chunks - the first step in reclaiming not juststeel and plastic but also toxic chemicals like mercury and even some precious metals.HP will take back any brand of equipment; its own machines are 100 percent recyclable.It has promised to cut energy consumption by 20 percent by 2010. HP also audits its topsuppliers for eco-friendliness, and its omnibus Global Citizenship Report sets thestandard for detailed environmental accountability. --Oliver Ryan
Hewlett-PackardLocation: Palo Alto
Year founded: 1939
Revenue: $91.7 Billion
Employees: 156,000
Silicon Valley's longtime industry leader in eco-sensitivity.
High tech is falling all over itself to go green. It may be that Prius-driving engineering
8/14/2019 Location: Japan Year Founded: 1945 Revenue: $84.2 Billion Employees: 145,000
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types are more eco-sensitive than the rest of us, or maybe they're simply battling for competitive advantage. The fact is, as more of modern life goes digital, the environmentalimpact of those computers and gadgets has gone from negligible to considerable.Hewlett-Packard has done the most to mitigate that. HP owns massive e-waste recycling plants, where enormous shredders and granulators reduce four million pounds of
computer detritus each month to bite-sized chunks - the first step in reclaiming not juststeel and plastic but also toxic chemicals like mercury and even some precious metals.HP will take back any brand of equipment; its own machines are 100 percent recyclable.It has promised to cut energy consumption by 20 percent by 2010. HP also audits its topsuppliers for eco-friendliness, and its omnibus Global Citizenship Report sets thestandard for detailed environmental accountability. --Oliver Ryan
At the HP recycling plant in Sacramento, computer parts get a new start in life.
What is a green company?
Common characteristics of green companies:
• Use natural gas for boiler fuel.
•Recycle biodegradable waste.
• Minimum use of plastic material; use recyclable packaging materials.
• Use biomass and solar radiation as sources of renewable energy.
• Generate electricity from hydroelectric plants.
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• Reduce toxic emissions, etc.
Greenest companies in India
A survey conducted by BT- AC Nielsen ORG-MARG, ranked Oil and Natural Gas Company (ONGC) thegreenest company followed by Reliance Industries. Overall, the oil and petroleum sector was consideredthe greenest sector in India. BPCL, Castrol India and HPCL are other companies in this sector that wererated green companies in the survey. The private sector companies were in a majority (13 out of 20) in thelist of Top 20 greenest companies in India.
India’s software companies are also considered green companies. IT companies are allowed to set up their
offices within the city limits. This is because they do not harm the environment. Johnson and Johnson Ltd.,
Chillibreeze, IBM, LG Electronics, PNB, Tata Motors and Hero Honda Motors are some of the other green
companies in India.
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