HP and Sprint follow closely after, new report states

Oct 24, 2012 12:13 GMT  ·  By
IMB is the greenest company in the US, Hewlett-Packard and Sprint follow close
   IMB is the greenest company in the US, Hewlett-Packard and Sprint follow close

A couple of days back, Newsweek argued that according to their fourth annual Green Rankings, IBM [i.e. International Business Machines Corporation] is presently the greenest company in the US, and the fourth most environmentally friendly in the world.

This is the second time when this American multinational technology and consulting corporation snags praises for its green-oriented working agenda and for its efforts to promote and implement sustainable development.

Thus, it was only last year when the very same report referred to it as the top environmental performer in the US.

GreenBiz informs us that Hewlett-Packard and Sprint Nextel succeeded in securing the second and third places, respectively.

In order to come up with this ranking of green-oriented corporations, the team of specialists behind this investigation took into consideration three major issues: the overall ecological footprint of the companies (45% of the final score), their ongoing programs and policies oriented towards sustainability (45%), and their transparency in terms of releasing information about these two aforementioned matters (10%).

What is interesting is the fact that, according to this report, it is financial and IT companies that are now showing the most interest in environmental protection and the possibility of cutting down on their environmental footprint.

More precisely, the top ten environmentally friendly companies comprised four financial and two IT ones.

Ian Yarret, editor in charge of putting together this report, explains that, whenever such rankings get released, several companies contact him to see what they can do to improve their score in the future.

“We hear from a lot of companies, many of which are looking to better understand their scores, better understand why they scored the way that they did, and probably most importantly, how they can score better,” he explained.

The Green Rankings for companies in the US are made available here, whereas the ones for companies worldwide can be found here.