Coloplast on list of the world’s most sustainable large-cap companies

Today, the Global 100 Most Sustainable Corporations in the World were announced at the World Economic Forum in Davos. Coloplast moves up from number 84 last year to 67.

 

Corporate Knights, a Toronto-based media and investment research company, announced today its Global 100 list of the world’s most sustainable corporations at the World Economic Forum in Davos, Switzerland. 
This year, Coloplast came in at 67, moving up from 84 last year.

“I’m very proud to see that we are moving up the list of the World’s most sustainable companies. We work very hard to ensure a sustainable practice, while we are growing our company. So this recognition tells me that we are on the right course,” says Jeppe Kromann Haarsted, Head of Corporate Responsibility and Compliance Officer, Coloplast.

The Global 100, now in its 9th year, was recently recognized as the world’s most credible corporate sustainability ranking*.

Responsibility and growth goes hand in hand

Today, Coloplast employs around 8,000 people and has activities in 55 countries – and the company is investing to grow even more.

Still, corporate responsibility and growth ambitions go hand in hand.

“We produce more products in order to support the growing need of consumers around the world. But increasing our production doesn’t mean our environmental footprint should grow. So, we’re very mindful of the raw materials we use, our waste production, and our overall resource consumption. And we’ve made ambitious commitments to reduce our CO2 emissions, even as we grow,” says Lone Stubberup, who is Coloplast’s Director of EHS Development.

Read Coloplast’s Corporate Responsibility Report 2011/12

The Global 100 uses a two-step process. First, 4000 companies are screened according to their sustainability disclosure practices, financial health, product types and recent legal payouts. Remaining companies are then scored, relative to their same-sector peers, on a set of key performance indicators. A different suite of KPIs is used for companies in each industry, depending on recent reporting trends in each industry group.

* As recognized in Rate the Raters, Phase 5. Source: http://www.sustainability.com/library/rate-the-raters-phase-five-polling-the-experts-2012