With customers making purchases prioritizing environmental impact, organizations are working with sustainability consulting service providers to incorporate their commitment to environmental protection into their operations. SG Analytics assists businesses in designing tailor-made ESG solutions to make critical data-driven decisions that enable sustainable growth.

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Top 10 Most Sustainable
Companies in 2022
According to latest trends, customers are making purchases
prioritizing environmental impact. Our decision to work with
companies that share our commitment to environmental protection
comes at a time when the option is becoming increasingly obvious. It
can be difficult to distinguish between companies that are
legitimately eco-friendly and the ones that are simply hopping on
the environmental bandwagon and gradually labelling themselves
‘eco-friendly’.
Given the gravity of the current climate crisis, it is critical that we
maintain our high environmental expectations and applaud
businesses that continue to prioritise and work at the forefront of
environmental innovation.
When one hears about other businesses’ environmental obligations,
we know that ‘eco-friendly’ means a lot more than simply not
harming the climate. Environmental consciousness is woven into
every part of the company’s brand for businesses that are genuinely
eco-friendly.

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Environmentally friendly companies not only produce products that
are sustainable and sourced ethically, but they also follow
environmentally friendly manufacturing and production methods.
Environmentally friendly companies are also working to fully change
the landscape of businesses’ involvement and responsibility in
environmental protection.
In their battle against climate change, Eco-friendly companies go
beyond their products. In addition to engraining sustainability within
their core business functions, they also work to protect the
environment by advocating for sustainable policies, raising
environmental consciousness and encouraging local involvement in
conservation efforts, collaborating with other campaigns and groups,
and more.

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Here are the Top Ten Most Sustainable
Companies in 2022:
• Schneider Electric
• Ørsted
• Nvidia
• Neste
• Stantec
• McCormick & Company
• Kering
• Metso Outotec
• American Water Works Company
• Cisco Systems Inc
1. Schneider Electric
Schneider Electric, has been recognized as one of the world’s most
eco-friendly companies. The European energy and automation MNC
was recognized for its expedient and continuous commitment to ESG
– environmental, social, and governance challenges, rising from 29th
place in 2020.

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Schneider Electric is contributing in lowering CO2 emissions and
reducing the rise of temperature of the Earth by emphasizing on
innovative and renewable disruptors. Their initiatives are helping in
preventing overheating of the Earth’s atmosphere and producing
environmentally friendly goods that are enabling better access to
energy.
Schneider Electric Chair and CEO Jean-Pascal Tricoire stated that the
foundation of their strategy is to establish a business and
organization that is sustainable. Schneider has always been
committed to the ESG concerns, and they continue to set higher
standards for themselves, as well as their customers and partners.
2. Ørsted
Ørsted was named the world’s second most sustainable firm after
pledging to battle climate change with renewable energy. Despite
falling from first place overall in 2020, the Danish power company
remains the world’s most sustainable energy firm, a designation it
has held for three years.
The company, also known as one of the largest renewable energy
developers, has transitioned from using fossil fuels to renewable
energy for their operations and has set its target to achieve carbon
neutrality by 2025.
Read more: “Net-Zero by 2070”: #COP26 Climate Deal, Here Are the
5 Biggest Talking Points
Since the company has been consistently ranking high in the Global
100 list, Ørsted CEO Mads Nipper states that it reflects both their
dedication to drive a profitable and sustainable business and their

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resolution to become a catalyst for green energy transformation. He
also asserted that in order to be instrumental in the battle against
climate change – and to stay in business – every company must
adapt a sustainable business model.
3. Nvidia
Nvidia is one of the world’s largest manufacturers of semiconductor
chips. It is one of the world’s leading designers of graphics
processing units (GPUs) and system on chip units (SOCs) for the
gaming, mobile, and automotive industries.
As a manufacturer of chips, and at that scale, Nvidia has a massive
carbon footprint. It mines materials, its factories and labs are power-
hungry and consume a lot of water. However, Nvidia is renowned for
its sustainability practices, operating at power efficiencies as high as
35%. By 2025, it has pledged to increase its renewable energy usage
to 65%.
The manufacturer is also 100% Responsible Minerals Assurance
Process-compliant. Besides environmental stewardship, it is also
renowned for its generous medical plan and paid parental leave
policy.
4. Neste
Neste is a global leader in sustainability, renowned for its renewable
diesel, sustainable aviation fuel, chemical recycling to reduce plastic
waste, and innovation in refining raw materials into renewable fuels.
The Finnish firm went from third to fourth place in a year, but it is still

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on the Corporate Knights Global 100 Index for the 15th year in a row,
which is far longer than any other global energy firm.
Read more: Top AI Trends to Watch Out for in 2022
According to Peter Vanacker, Neste President and CEO, the
company’s goal of making the world a better place for our children
motivates them to strive for greater heights every day. Numerous
businesses are constantly upgrading their sustainability initiatives,
making it increasingly challenging to make the list each year. It’s
encouraging to see more businesses actively incorporating
sustainability into their operations.
5. Stantec
Stantec is not just one of the world’s most environmentally friendly
companies, but it also leads the way in North America. Half of the
company’s overall score came from clean earnings and clean
investment, which are commodities and services that have a proven
environmental and social impact.
Stantec President and CEO Gord Johnston stated that their
outstanding track record on sustainability is the product of their
people’s profound commitment and excellent leadership across their
worldwide operation. Their teams are working to improve
sustainability in their own operations, as well as assisting clients in
setting and achieving their sustainability objectives.

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6. McCormick & Company
McCormick & Company may be regarded as the world’s sixth most
sustainable firm, but it is also the food industry’s leader. The
packaged and processed foods industry in the United States has
risen 16 spots to its highest place since the index’s inception five
years ago.

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Read more: Lab-Grown Meat Is the “Clean” Food the World Needs.
So, What’s the Beef?
According to Lawrence E Kurzius, McCormick & Company Chairman,
President, it has never been more crucial to join hands towards the
future of flavour and to reduce their influence on the planet. The
company is committed to generating clean revenue, delivering
renewable energy projects, and transitioning to 100% circular
packaging.
7. Kering
The only luxury corporation to make to the top ten sustainable
companies’ list is Gucci, Saint Laurent, Bottega Veneta, Ulysse Nardin,
and Pomellato’s parent company.
Kering maintained its strong position when evaluated against 24
quantitative KPIs, including resource management, people
management, financial management, clean revenue and
investment, and supplier performance. Sustainability is advocated
at every governance level, from the Board of Directors to the House
managers, in order to shape the future of luxury.
According to Conservation International CEO, Dr. M Sanjayan, Kering’s
pledge to safeguard the environment on which it relies is a huge leap
for the fashion industry, and it represents a massive gateway for the
luxury sector to influence masses and help reimagine fashion and
luxury goods.

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8. Metso Outotec
Metso Outotec, a global leader in sustainable technology and
services, catering to recycling industries, aggregates and mineral
processing industries, is ranked 8th on the Global 100 Index. The
Finland-based corporation has set a variety of ambitious targets,
including limiting global warming to 1.5 degree Celsius, in order to
make a positive impact on the earth as a sustainable leader.
Read more: The 7 Biggest Technology Trends In 2022
Metso Outotec’s Senior Vice President Business Development, Piia
Karhu stated that for their aggregates and metals and minerals
industry customers, their focus is on producing sustainable goods
and services. They accelerate sustainable innovation together by
collaborating with their customers, partners, and communities.
9. American Water Works Company
American Water is one of the world’s most eco-friendly companies
because of its leadership and transparency. The US company, which
was founded in 1886 and employs over 6,800 employees, is the

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largest publicly traded water and wastewater utility company in the
world.
Despite serving 15 million people in 46 states, the corporation saves
12.5 billion litres of water every year thanks to its efficiency
techniques. It has also committed to a 40% reduction in greenhouse
gas emissions by 2025.
According to Walter Lynch, President and CEO of American Water,
providing consistent supply of safe, clean, and affordable water to
their customers, as well as treating their wastewater, is just one part
of their commitment to constantly improve their business’s
sustainability and create a greater societal impact.
10. Cisco Systems Inc
Cisco is one of the world’s leading developers and manufacturers of
networking hardware, software, and telecommunication equipment.
It is also one of the world’s most eco-friendly companies.
Read more: Top ESG Investing Trends to Watch Out for in 2022
It is remarkably energy-efficient across its supply chain, from
sourcing materials, designing products, and consuming electricity to
promoting fair hiring and securing data. Cisco claims that 80% of its
electricity (operations only) is clean. It has also reduced its Scope 1
and Scope 2 emissions by nearly 50%. (Scope 1 refers to emissions
generated by direct, owned sources like company vehicles. Scope 2
refers to indirect sources like cooling or heating systems. While Scope
3 emissions are caused by the remaining aspects in the value chain
like employee commute and waste management.)

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With offices in New York, Austin, Seattle, London, Zurich, Pune, and
Hyderabad, SG Analytics is a leading ESG research and analytics
company that provides sustainability consulting services to
enterprises worldwide. If you are looking to make critical data-driven
decisions, decisions that enable accelerated, sustainable growth
and breakthrough performance, contact us today.