30 January 2006

Smiths among world's 100 most sustainable companies

Smiths Group plc has been voted one of the worlds top 100 most sustainable companies.

The Global 100 is a listing of the 100 large blue chip companies around the world that demonstrated the strongest sustainability performance among their peers.

The list was announced at the World Economic Forum in Davos, Switzerland, on January 27.

Toby Heaps, founder and editor of Corporate Knights magazine, which produces the list, said: By whittling down over 1,800 firms from around the world to just the top 100 sustainability performers, the Global 100 helps to separate the sustainability pretenders from the sustainability contenders.

The top 100 sustainability performers in the Global 100 are chosen from the publicly-traded companies on the MSCI World Index, based on research and analysis by Innovest Strategic Value Advisers, an international investment research firm.

The analysis evaluated which companies had the best-developed ability relative to their industry peers to manage the environmental, social and governance (ESG) risks and opportunities they face.

The Global 100 were best of class in their respective industries.

Innovest Chief Executive Dr Matthew Kiernan said: Global companies performance on environmental, social and governance issues is rapidly becoming more critical to their competitiveness, profitability and share price.

The Global 100 companies have already demonstrated that sustainability premium and we believe that they are positioned to reward their investors even more heavily in the future.

The list was first published in 2005.

Link to: http://www.global100.org/2006/index.asp

ENDS