Companies Improved Their Climate Rating Despite A Sluggish Economy

Major corporations in the U.S. have shown an increased willingness to voluntarily reduce their impact on climate change despite a sluggish economy, according to a new scorecard produced by the nonprofit group Climate Counts.

Eighty-one of the 90 major companies assessed saw an average increase of 22 percent from last year’s scorecard, with Nike topping the list with a score of 83 out of a possible 100 points.

Scores are based on 22-criteria in four general areas: measurement of impact on global warming; reduction of impact; engagement in climate-related public policy; and transparency.

In Climate Counts’ third corporate scorecard, several companies saw major improvements, including eBay, which completed a company-wide inventory of its effects on global warming; US Airways, which set goals to reduce climate impacts; and Apple, which resigned from the U.S. Chamber of Commerce because of the chamber’s opposition to climate legislation.

Companies with leading climate ratings include Starbucks, General Electric, HP, IBM, Unilever foods, UPS, and L’Oreal. The scorecard was developed with oversight from an independent panel of business and climate experts from universities and non-governmental groups. See the full list

Article appearing courtesy of Yale Environment 360

[photo credit: GE]

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