Maplecroft indexes identify which major US firms are doing most to adapt to emerging climate change risks.

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 Maplecroft Climate Innovation Indexes (CIIs) are the single most exhaustive study of the USA’s largest multinational companies are managing and adapting to climate change, with a special focus on innovation.Maplecroft rated each company against more than 100 criteria, including: technological innovation and new working practices to combat climate change impacts; management of climate-related issues; adaption to physical climate-related risks, such as flooding or more extreme weather events throughout the supply chain; and the reduction of GHG emissions.
 
The new CIIs release includes an extra 37 companies since Cycle I was initiated in 2009; as more companies pass the pre-screening process, indicating an increase by US business in their engagement with climate related initiatives.
 
 

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
5 Intel Corp Technology
6 Hess Corp Energy
7 Air Products & Chemicals Inc Basic Materials
8 Praxair Inc Basic Materials 
9 United Technologies Corp Industrial
10 Autodesk Inc Technology
11 Covanta Holding Corp Energy
12 PG&E Corp Utilities
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
19 PSEG Inc Utilities
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

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