Danish cultures and enzymes supplier Chr. Hansen ranked #2 on Corporate Knights’ global list of the 100 most sustainable corporations of 2022. McCormick & Company, Vitasoy, Unilever, and Campbell Soup also made the list.
Corporate Knights assessed companies relative to their peers on 23 key performance indicators. Half of the score is based on Clean Revenue (% of revenue earned from products and services that are categorized as “clean” under the Corporate Knights Clean Taxonomy) and Clean Investment (% of capital expenditures, R&D, and acquisitions that are categorized as “clean” under the Corporate Knights Clean Taxonomy). The companies were then given letter grades.
Every Global 100 company has sustainability practices well above average. The letter grades reflect how each company stands relative to the other high performers.
Here are the five food and beverage companies and ingredient suppliers that made the list:
- Chr. Hansen (#2, overall score of A)
- McCormick & Company (#14, overall score of B+)
- Vitasoy (#45, overall score of B-)
- Unilever (#78, overall score of C)
- Campbell Soup (#89, overall score of C-)
During the past year, the majority (65%) of the Global 100 signed up for the Science Based Targets initiative and aligned their emissions reductions with the requirements of the Paris agreement. Companies on the list also outperformed non-Global 100 companies on parameters such as increasing their clean investments, offering at least 10 days of paid sick leave, and having a lower ratio of CEO pay to that of the average worker.