Samsung® Ranked 22nd in Newsweek Green Global Ranking
The eco-friendly efforts of Samsung have paid off well. Recently, the U.S. magazine, Newsweek, has ranked the South Korea's technology giant Samsung Electronics Co. at the 22nd position on the list of the world's top environment-friendly companies.
The latest ranking by Newsweek has taken a lot of factors into considerations while determining that how eco-friendly a company is. They have judged the companies based on the corporate environmental impact, managerial actions regarding preservation of the environment, and the amount of transparency shared in the related corporate information.
Samsung duly deserves such recognition as it had made exhaustive efforts in the area of global green economy. It has made about 2,000 products that have received the environment-friendly labels and have become a super sector leader on the Dow Jones Sustainability Indexes for 2011.
German reinsurance firm, Munich Re, has topped the list this time in the Newsweek Green Global 500 Ranking followed by the U.S. information and technology firm IBM Corp. and Australia's National Australia Bank. However, if you compare Samsung’s rank from the last year, then Samsung has done significantly well this time in the Global Ranking. It has soared 32 notches from its last year’s 54th position, now making it the highest ranking company amongst other South Korean companies.
Samsung also scored the eighth position in the group of 30 global technology businesses. IBM was ranked first Japanese IT firm and Fujitsu was ranked fourth. Other South Korean companies did not fare well as only seven of them were included in that list, with LG Corp. ranking at 65th and Hyundai Motor Co. ranking at 74th position.
Samsung’s efforts should be appreciated so that it continues its good will for maintaining a better environment by producing more environment-friendly products. Let’s hope they come up with even better ways and methods to attain the top spot on the list of the world's top environment-friendly companies.