Australia: Comparison of companies on sustainability performance
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Loading ...The potential of Australia’s top 300 companies to thrive in a low carbon economy has been assessed by market analysts.
Research firm RepuTex has published a list of 13 leading companies from the S&P ASX300 index, Australia’s equivalent of the FTSE, which produce significantly less carbon per dollar of profit than their peers.
The highest performing company is Babcock & Brown Wind, which received a top RepuTex Carbon Rating due to its high renewable energy activities.
Other highly rated companies include Arrow Energy, Queensland Gas Company and Sims Group.
Hugh Grossman, head of research at RepuTex, said: “Companies with principal involvement in low carbon intensive activities are best positioned to mitigate carbon liabilities and benefit from market opportunities.
“In a traditionally dirty industry, Babcock & Brown Wind is able to generate electricity with 97% less emissions than its sector peers. Read more
Source: Edie
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