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Corporate Social Responsibility
News
7.18.2003 ET
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CSR News from:
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SustainableBusiness.com Announces This Year's SB20: The World's Top Sustainable Stocks
(CSRwire) NEW YORK, NY - SustainableBusiness.com announces the 2003 SB20 list
- The World's Top Sustainable Stocks. The list is presented in The
Progressive Investor newsletter, published by SustainableBusiness.com,
which tracks this emerging marketplace.
To choose the 20 companies that make up the list, SustainableBusiness.com
asked five leading social/ environmental investment advisors to recommend
companies that stand out as the world leaders in terms of both
sustainability and financial strength.
"Our goal is to create a list that showcases the top companies leading the
way to a sustainable society," says Rona Fried, Ph.D.,
SustainableBusiness.com CEO and Editor of The Progressive Investor.
Two types of companies comprise the list. Companies like Electrolux,
STMicroelectronics and Herman Miller are on the list because of their deep
understanding and commitment to sustainable business practices. Companies
like Ballard and Fuel Cell are on the list because, although they are not
leaders in sustainable business practices, their products - fuel cells -
are integral to the transition to a sustainable society.
Conclusive research shows that companies that outperform on the
environment outperform financially. Too often, the "green" business sector
remains a mystery to many of today's investment information sources.
Creating the SB20 and The Progressive Investor to follow the companies and
news on an on-going basis showcases and rewards companies that are well
positioned as investments. Many subscribers can attest to the benefits of
investing "green" - United Natural and Whole Foods, for example, finished
the second quarter with a return of 43.86%.
The SB 20 List for 2003 - Alphabetical Order
Ballard Power Systems (BLDP)**
Chiquita (CQB)**
Electrolux (ELUX)**
FuelCell Energy (FCEL)**
Green Mountain Coffee (GMCR)**
Henkel (HNKG.BE )**
Herman Miller (MLHR)**
Horizon Organic Dairy (HCOW)**
Itron (ITRI)
JM Inc. (JM.ST)**
Novo Nordisk (NVO)
Novozymes (NVZMF.PK)
Power Integrations (POWI)
STMicroelectronics (STM)**
Swiss Re (RUKN:SWX)**
Timberland (TBL)
United Natural (UNFI)**
Vestas (VEST.CO)**
Wainwright Bank (WAIN)
Whole Foods (WFMI)**
** Denotes companies on the list in both 2002 and 2003.
The SB20 judges:
Carsten Henningsen: co-founder and principal, Portfolio 21 mutual
fund;
Jack Robinson: Managing Partner, Winslow Management;
Patrick McVeigh: VP, Investment Research, Lowell, Blake and
Associates;
Eric Becker: VP & Portfolio Mgr., Trillium Asset Management;
Terry Foecke: Principle, Materials Productivity
The Editor is Rona Fried, Ph.D., CEO of SustainableBusiness.com and
publisher of Sustainable Business Insider.
The Progressive Investor is a monthly financial newsletter available by
subscription. Each issue draws on a group of world-class sustainable
investment analysts for their insights and opinions on viable investments
in the "green" business sector. This issue can be purchased individually
or as part of a subscription. Progrressive
Investor
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