Atlas Copco has been listed as the top industrial company in this year’s Newsweek Green Rankings. The rankings look at corporate sustainability and environmental impact. Atlas Copco ranked 11th among 500 of the world’s largest publicly-traded companies accessed for the rating, and top in the industrial segment.
Newsweek teamed with research partners Corporate Knights Capital and HIP Investors Inc., to compare key performance indicators such as energy and water use, greenhouse gas emissions and waste recycling.
This isn’t the first time Atlas Copco exceeded in environmental responsibility. In 1994 Altas Copco Group pioneered the technology resulting in its variable speed compressors. Running compressors at only the speed required significantly reduces energy consumption. In 2013, Atlas Copco launched its patented VSD+ technology, cutting energy use by more than half compared with traditional compressors.
Earlier this year, Atlas Copco was also among those recognized by the United Nations at the agency’s major conference on climate change for the Atlas Copco’s goals to cut carbon dioxide from its products and operations.
The Newsweek Green Rankings also factor the company’s general sustainability. Atlas Copco had been recognized earlier this year as one of the world’s most sustainable companies in the annual Global 100 list.
Atlas Copco, based in Stockholm, Sweden, serves segments ranging from compressors and air treatment systems to construction, mining and drilling equipment. The company, founded in 1873, has more than 39,800 employees worldwide, and operates in more than 170 countries. Atlas Copco in North America operates in more than 109 locations and employs more than 4,500 people in the United States. To see the complete Newsweek Green Rankings list, visit http://www.newsweek.com/green-2015/top-green-companies-world-2015.