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Drilling Industry News

Atlas Copco Makes Newsweek Green Rankings for Sustainable Practices

Metrics include energy use, greenhouse gas emissions and water use

Atlas Copco reports healthy operating profit, revenue and orders for Q4 despite weak demand for mining equipment.
June 18, 2014

Newsweek Green Rankings named Atlas Copco seventh of the 500 largest publicly-traded, global companies by market capitalization.

“We are extremely proud to be recognized by an organization like Newsweek for our commitment to sustainable productivity,” said Jim Levitt, president of Atlas Copco North America. “This top 10 ranking is a reflection on our employees and their dedication to our sustainability initiatives surrounding safety, health and environmental issues.”

Using data from Bloomberg’s Professional Service, which includes sustainability information from more than 5,000 public securities, and from CDP, an international nonprofit that helps companies measure, disclose, manage and share environmental information, Newsweek Green Rankings used eight key performance indicators based on the companies’ publically available data. Indicators include total energy consumption, greenhouse gas emissions, water use, waste generation and recycling, reputation, and sustainability incentives for senior management.

The recognition adds to the accolades already given Atlas Copco this year. Already, Ethisphere Institute ranked Atlas Copco as one of the most ethical companies, and the Global 100 list named them one of the world’s most sustainable companies. They were also named in Forbes’ 100 Most Innovative Companies list. The company is a member of the Dow Jones Sustainability Index, the UN Global Compact 100 and the FTSE4Good Index.

Atlas Copco, based in Stockholm, Sweden, serves segments ranging from compressors and air treatment systems to construction, mining and drilling equipment. The company, founded in 1873, has more than 39,800 employees worldwide, and operates in more than 170 countries. Atlas Copco in North America operates in more than 109 locations and employs more than 4,500 people in the United States. For more information, visit www.atlascopco.us. 

KEYWORDS: Atlas Copco

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