Submitted by Innovest Strategic Value Advisors, Inc.
DAVOS, SWITZERLAND- January 22, 2007 "“ On Wednesday, January 24, 2007, Innovest Strategic Value Advisors will officially launch the third Global 100 list of the most sustainable corporations in the world at the World Economic Forum in Davos. The Global 100, initiated by Corporate Knights Inc. with Innovest as the exclusive research provider, includes companies from 16 countries in sectors ranging from Oil and Gas to Wireless Telecommunication Services that were evaluated according to how effectively they manage environmental, social and governance risks and opportunities, relative to their industry peers.
Matthew Kiernan, CEO of Innovest, a Canadian-based international investment advisory firm, whose analysis underpins the list, notes: "Global 100 companies are proactive in their response to investor and other stakeholder demands for better management of risks such as climate change. We believe that these sustainability leaders will create significant long-term value through innovation, lower costs, better employee recruiting and retention and consumer choice. Global 100 companies will likely continue to out-perform the competition as a result."
This year, the Global 100 includes 5 Canadian companies, notably Alcan Inc., Enbridge Inc., Royal Bank of Canada, Sun Life Financial Inc. and Transcanada Corp. On a country basis, the United Kingdom includes 24 companies, with the United States (19) and Japan (13) following. Approximately one-third of the ranked companies will be replaced from last year’s list.
This year’s Global 100 will be recognized at the Davos World Economic Forum at a private dinner hosted by Innovest and Corporate Knights. The dinner discussions, under the theme, "The investor is the new regulator", include Stephen J. Adler, Editor-in-Chief, BusinessWeek; Joseph Stiglitz, Professor, Columbia University and Nobel Laureate in Economics; and senior executives from Goldman Sachs, JP Morgan, Swiss Re and Daiwa Securities. The focus of their discussion will be how the wealth of financial markets can be harnessed to power the next industrial revolution.
"Like the companies ranked on this list, Innovest is proud to be at the forefront of this growing wave of sustainability," says Matthew Kiernan. "Sustainability may be a moral issue for some, but we believe that real and sustained action will only be taken by those who understand how crucial this is to investment risk and returns," he adds.
Toby Heaps, co-Founder and Editor of Corporate Knights magazine, says that, "Increased environmental scrutiny and regulatory action are opening the floodgates for trillions of dollars of investment capital to flow into companies with a green edge, and the Global 100 are well-placed to surf this long-wave."
The Global 100, a select group of companies taken from a pool of some 1,800 international companies, provides investors "“ and other stakeholders "“ with a unique evaluation tool.
Ratings and research reports from Innovest Strategic Advisors analyzing the environmental, social and governance performance of over 1,750 companies and their industries, including the Global 100 Most Sustainable Corporations, is available at www.csrwire.com/reports/independent.
|The 2007 Global 100 Most Sustainable Corporations in the World|
|ABN Amro Holding NV||Investa Property Group|
|Accor||Johnson Matthey Group|
|Adecco SA||JP Morgan Chase & Company|
|Adidas Salomon Agency||Kesko Corp.|
|Advanced Micro Devices||Kingfisher PLC|
|Agilent Technologies Inc||Kuraray Company Limited|
|Alcan Inc||Land Securities PLC|
|Alcoa Inc||Marks & Spencer Group PLC|
|American International Group Inc||Mayr-Melnhof Karton AG PLC|
|Atlas Copco AB||Mitsubishi Heavy Industries Limited|
|BASF AG||Land Securities PLC|
|Baxter International Inc||Nike Inc|
|Benesse Corporation||Nippon Yusen KK|
|British Airways PLC||Nokia Corporation|
|British Land Company PLC||Nomura Holdings Inc|
|British Sky Broadcasting Group PLC||Novo Nordisk A/S|
|BT Group PLC||Novozymes A/S|
|Cable & Wireless PLC||NTT Docomo Inc|
|Coca Cola Company||Pearson PLC|
|Daikin Industries Limited||Philips Electronics KON|
|Daiwa Securities Group Inc||Pinnacle West Capital Corp.|
|Denso Corp.||Ricoh Company Limited|
|Dexia||Roche Holdings Limited|
|Diageo PLC||Royal Bank Of Canada|
|East Japan Railway Company||Royal Dutch Shell PLC|
|Eastman Kodak Company||Sainsbury (J) PLC|
|Electrocomponents PLC||SAP AG|
|Enbridge Inc||SCA AB|
|FPL Group Inc||Scania AB|
|Fresenius Medical Care AG||Schlumberger Limited|
|Gamesa Corp. Technologica||Scottish & Southern Energy PLC|
|General Electric Company||Severn Trent PLC|
|Genzyme Corp.||Smith & Nephew PLC|
|Goldman Sachs Group Inc||Storebrand ASA|
|Google Inc||Sun Life Financial Inc|
|Groupe Danone||Swiss Reinsurance Company|
|Grupo Ferrovial SA||Toppan Printing Company Limited|
|Hbos PLC||Toyota Motor Corp.|
|Henkel AG||Transcanada Corp.|
|Hewlett-Packard Company||Unibail Holding SA|
|Holmen AB||Unilever PLC|
|HSBC Holdings PLC||United Technologies Corp.|
|Iberdrola SA||Vestas Windsystems A/S|
|Inditex SA||Walt Disney Company|
|Indra Sistemas SA||Westpac Banking Corp.|
|ING Groep NV||Whitbread PLC|
|Insurance Australia Group||Wimpey (George) PLC|
|Intel Corp.||Yell Group PLC|
Innovest Strategic Value Advisors is an international investment advisory firm specializing in analyzing "non-traditional" drivers of risk and shareholder value including companies’ performance on environmental, social and strategic governance issues. Innovest was recognized in 2006 as the world’s top independent provider of "non-traditional" research by the Thompson Extel survey of major institutional investors. Founded in 1998, the firm currently has over US$1.3 billion under structured sub-advisory mandates. Innovest currently has clients in over twenty countries, with offices in Toronto, New York, London, Paris, Sydney, San Francisco and Tokyo.
The Global 100 Most Sustainable Corporations in the World is a project initiated by Corporate Knights Inc. (www.corporateknights.ca), with Innovest Strategic Value Advisors Inc. (www.innovestgroup.com). Launched in 2005, the annual Global 100 is announced each year at the World Economic Forum in Davos.
Innovest Strategic Value Advisors is an internationally recognized investment research and advisory firm specializing in analyzing companies’ performance on environmental, social, and strategic governance issues, with a particular focus on their impact on competitiveness, profitability, and share price performance. Innovest currently has offices in New York City, Toronto, San Francisco, London, Paris, Sydney, and Tokyo.
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