Maplecroft’s Climate Innovation Indexes (CIIs) – which rank 360 of the largest US companies according to their innovation of clean-tech solutions and new products, mitigation of climate change related risks and management of carbon emissions - was released earlier this morning.
The top 20 US firms are ranked below, along with their sectors:
|1||General Electric Co||Industrial|
|2||Alcoa Inc||Basic Materials|
|3||Johnson Controls Inc||Consumer, Cyclical|
|4||Ford Motor Co||Consumer, Cyclical|
|7||Air Products & Chemicals Inc||Basic Materials|
|8||Praxair Inc||Basic Materials|
|9||United Technologies Corp||Industrial|
|11||Covanta Holding Corp||Energy|
|13||Goldman Sachs Group Inc||Financial|
|14||Life Technologies Corp||Consumer, Non-cyclical|
|15||Lexmark International Inc||Technology|
|16||Weyerhaeuser Co||Basic Materials|
|17||Coca-Cola Enterprises Inc||Consumer, Non-cyclical|
|18||Advanced Micro Devices Inc||Technology|
|20||Applied Materials Inc||Technology|
General Electric (GE) has topped the list of best performers for each of the three CII cycles. Maplecroft puts its continuing strong performance down to a number of factors. The company has a dedicated sustainable business research strategy – ‘ecomagination’ – in which it has invested $5 billion in clean tech R&D over 5 years. These investments, which have focused increasingly on solutions to address climate challenges, have generated $100 billion in revenues are performing twice as well as other parts of the organisation. Innovations have included: waste-to-value solutions; smart-grid technologies, wind turbines; and other alternative energy innovations.
Aside from helping assess US firms’ comittment to sustainability, Maplecroft’s CIIs have an addition value through enabling investors to identify the most resilient and innovative companies with the best long-term growth prospects. The CIIs do so by highlighting firms that are innovating products, services, processes or partnerships in order to re-shape markets and position themselves to succeed in the climate-changed, low-carbon environment of the future. It is no surprise, therefore, that firms at the top of the CII consistently outperform their peers and competitors, as demonstrated by the CII’s performance on the Bloomberg terminal.
For more information on Maplecroft’s CIIs, and for information on our webinar on the CII’s result, please see here: http://maplecroft.com/about/news/cii_cycle3.html