Atlas Copco ranked best industrial company on environment by 'Newsweek'

Equipment company ranked 11th in the world and highest in the industrial segment by 'Newsweek' Green Rankings.

Atlas Copco, an equipment manufacturer and provider of sustainable productivity solutions headquartered in Stockholm, Sweden, has been ranked as the top industrial company by the Newsweek Green Rankings that looks at corporate sustainability and environmental impact.

newsweek green rankings industrial environmentNewsweek magazine analyzed the world’s 500 largest publicly traded companies to gauge how they fare on the environment. Together with research partners Corporate Knights Capital and HIP Investors Inc., the 2015 Newsweek Green Rankings looked at indicators such as energy and water use, greenhouse gas emissions and waste recycling. According to these indicators, Atlas Copco ranked 11th in the world and highest in the industrial segment. The company also was featured on the list last year.

“Making innovative, energy-effective products and taking other steps to reduce the environmental impact is about business leadership,” says Mala Chakraborti, Atlas Copco’s vice president, corporate responsibility. “Our environmental targets are central to our business, and we are happy to be recognized for this.”

Atlas Copco says its innovative, energy-saving products include its variable-speed compressors, a technology that the group pioneered in 1994 that enables compressors to run only at the speed necessary, cutting energy consumption. In 2013, Atlas Copco launched the patented VSD+ technology, which cuts energy use by more than half compared with traditional compressors.

Earlier this year, Atlas Copco was among those recognized by the United Nations at the agency’s major conference on climate change for the company’s goals to cut carbon dioxide from its products and operations. Atlas Copco was also this year recognized as one of the world’s most sustainable companies in the annual Global 100 list.

To see the complete Newsweek Green Rankings list, visit http://www.newsweek.com/green-2015/top-green-companies-world-2015.

Atlas Copco serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. The company says it develops products and services focused on productivity, energy efficiency, safety and ergonomics. Founded in 1873, Atlas Copco has a global reach spanning more than 180 countries. In 2014, Atlas Copco employed more than 44 000 employees.

 
 

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