Three of the world’s top 10 most sustainable companies are Danish

With three Danish companies in the top ten on Corporate Knights’ The world’s most sustainable corporations list, Denmark shows clear leadership in sustainability.

Corporate Knights, a specialised Toronto-based media and investment research firm, has published their annual ranking “Global 100 Most Sustainable Corporations in the World” 2020.

According to their latest data crunching, Danish companies remains in the world elite of sustainable performance.

Carbon neutral by 2025

The world’s most sustainable corporation in 2020 is the Danish renewable energy provider Ørsted.

The company, which a decade ago produced 85% of its energy from fossil fuels and 15% from renewable energy, has reversed that proportion and has a target to essentially become carbon neutral by 2025.

"We're immensely proud to rank as the world’s most sustainable company. From our origins as a traditional fossil fuel-based energy company, we’ve transformed into one of the largest renewable energy companies in the world. Every day, we deliver green energy solutions at scale to combat climate change, the defining challenge of our time”

- Henrik Poulsen, CEO, Ørsted

You may also like: Copenhagen is the world’s 8th smartest sustainable city

Switching 100% to green electricity

Last year’s top-ranked company – Chr. Hansen, a Danish bioscience company that uses good bacteria to provide natural means for preserving food, protecting plants and reducing overreliance on antibiotics in livestock farming – ranked number two overall.

Chr. Hansen recently announced a ground-breaking agreement with Better Energy of switching 100% to green electricity from two new solar parks, wind energy and biogas for its Danish operations by April 2020.

" In aiming to become the first carbon-neutral capital by 2025, Copenhagen is a frontrunner in green transformation, renewable energy, upcycling and recycling, green mobility and smart city solutions. This sustainable ambition offers many opportunities and we look forward to helping international companies and talent build business in Greater Copenhagen

- Claus Lønborg, CEO, Copenhagen Capacity

In sixth spot comes Novozymes – a global, Copenhagen-based biotechnology company focusing on the research, development and production of industrial enzymes, microorganisms, and biopharmaceutical ingredients.

You may also like: Danish star architect to design city of the future

Deliver better for investors

An analysis that compared the financial performance and corporate longevity of the Global 100 companies against the MSCI All Country World Index (ACWI) supports the mounting case that sustainable corporate performance is consistent with equal or better returns for investors and greater corporate longevity.

About Corporate Knights and the ranking “Global 100”

Corporate Knights Inc., the company for clean capitalism, includes the sustainable business magazine Corporate Knights and a research division that produces rankings and financial product ratings based on corporate sustainability performance.

The Global 100 Most Sustainable Corporations in the World is an annual project initiated by Corporate Knights. Launched in 2005, the Global 100 is announced annually on the sidelines of the World Economic Forum in Davos.