Published 07-18-03
Submitted by SustainableBusiness.com
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
** Denotes companies on the list in both 2002 and 2003.
The SB20 judges:
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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