Atlas Copco scores highly on green rankings

Atlas Copco has been included on this year’s Newsweek Green Rankings, which grade the world’s largest publically traded companies on their corporate sustainability and environmental impact. The Swedish maker of mining equipment was ranked at number 11, making it the highest placed industrial company on the list.

“Making innovative, energy-effective products and taking other steps to reduce the environmental impact is about business leadership,” said Mala Chakraborti, Vice President Corporate Responsibility at Atlas Copco. “Our environmental targets are central to our business and we are happy to be recognised for this.”

The Newsweek Green Rankings are compiled by the US magazine with Corporate Knights Capital and HIP Investors and look at indicators such as energy and water use, greenhouse gas emissions and waste recycling.

German industrial conglomerate, Siemens, was not far behind Atlas Copco at 13^th on the rankings with GE at 109^th, ABB at 150^th and Caterpillar at 285^th.

On the coal mining side, Vale was the top placed company at 41^st with BHP Billiton the only other company coming in the top 200 – at 160^th. Rival majors Rio Tinto came in at 220^th, Glencore at 226^th and Anglo American at 237^th, while Chinese coal-mining giant, Shenhua, ranked 368^th and Indian state-owned coal miner, Coal India, came a lowly 493^rd.

Written by Jonathan Rowland.

Read the article online at: https://www.worldcoal.com/mining/08072015/atlas-copco-scores-highly-on-environmental-rankings-2526/