Learning Sustainability from the Global 100

The Global 100 is a project initiated annually by Corporate Knights Inc, a media, research, and financial products company focused on quantifying and animating clean capitalism drivers for decision-makers. According to their website, the Global 100 is self-described as “the most extensive data-driven corporate sustainability assessment in existence.”

If you want to learn more about Corporate Knights Inc, check out their website https://www.corporateknights.com/

The list starts with 4,000 publicly traded companies of all industry groups and is methodically trimmed down to 100. This list not only promotes sustainable business practices, but also worker happiness and transparency as well.

If you’re interested in making your business more sustainable, but unsure of where to start, there’s definitely some value in learning how these companies are rated and evaluated. The Sustainability Assessment utilized in the overall assessment is an area most businesses can (and probably should) focus some energy on.

• Energy efficiency (Energy Productivity): revenue per gigajoule of energy consumption.

• Carbon emissions reduction (Carbon Productivity): revenue per metric ton of direct/indirect GHG emissions.

• Water conservation (Water Productivity): revenue per cubic meter of water withdrawal.

• Waste management (Waste Productivity): revenue per metric ton of produced waste.

• Diversity and inclusion (Leadership Diversity): percentage of women and visible minorities on the board of directors.

• Transparent business practices (Clean Capitalism Pay Link): at least one senior executive’s compensation tied to clean capitalism-themed performance targets.

• Tax obligations (% Tax Paid): percentage of reported tax obligation paid in tax.

• CEO compensation (CEO-Average Worker Pay): how much more CEO gets paid compared to the average worker.

• Safety protocols (Safety Productivity): revenue divided by lost-time incidents and fatalities.

• Research and development (Innovation Capacity): revenue per R&D dollar spent.

• Employee retention (Employee Turnover): percentage of employees that voluntarily leave the company.

You might not feature in the Global 100 anytime soon, but you can still use knowledge of these Sustainable KPIs to your advantage. Put into practice, strong leadership, diversity, and innovation capacity will benefit any business. And for any business that handles hazardous materials or regulated medical waste or deals with hazardous waste disposal concerns, waste productivity is huge.

Check out this year’s list here if you’re interested in seeing which companies made the cut.

As always, Hazardous Waste Experts is able to provide competent, knowledgeable assistance with your sustainability concerns and help you manage your hazardous materials in a way that is safe, compliant, and low-cost.

For more information on storage or hazardous waste removal concerns, Contact us today or call 877.200.2029.