National Grid Named Top Green Utility Company in the World
National Grid was recently named the Top Green Utility Company in the world by Newsweek. The company received a “green score” of 71.4% and was ranked 29th overall on the global list.
Newsweek compiles the list by scoring the 500 largest publicly-traded companies globally by market capitalization determined by Bloomberg on March 4, 2015. It then considers a variety of data from each company, considering eight specific indicators: combined energy productivity, combined greenhouse gas productivity, combined water productivity, combined waste productivity, green revenue score, green pay link for executives, sustainability board committee, and audited environmental metrics.
“National Grid is no stranger to running a responsible and sustainable business – we take account of environmental, economic, and social issues when we make our decisions,” said Steve Holliday, Chief Executive of National Grid, in a press release. “We are committed to being an innovative leader in connecting people to the energy they use and to safeguarding our global environment for future generations. This ranking validates that we are on the right track.”
The New England Council applauds National Grid for commitment to protecting the environment and congratulates it on this recognition by Newsweek.