Mapped: The Countries With the Most Sustainable Corporate Giants
From plastic-filled oceans to unequal pay, sustainability is a hot topic these days. Many people are wondering how we’ll move the needle on these important issues, and the business world is being pressured to take action.
Society is demanding that companies, both public and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society.
— Larry Fink, CEO of BlackRock, the world’s largest asset manager
Which of the world’s largest companies are stepping up to the plate on these issues?
The Global 100 Index
Today’s visualization pulls data from Corporate Knight’s 2019 Global 100 report, which ranks the most sustainable corporations in the world.
Any public company with revenue of at least $1B USD is screened for various factors such as sufficient sustainability reporting. The resulting corporations are scored on an industry-specific mix of performance metrics in the following areas:
- Resource Management
- Employee Management
- Financial Management
- Clean Revenue
- Supplier Performance
The final ranking represents the top companies from each sector, with the number from each sector based on the relative size of its market capitalization.
Sustainable Corporations by Country
Here’s all the countries that had companies on the list:
|Country||Number of Companies on the Global 100|
The U.S. tops the list with 22 companies – far more than any other country. European countries also dominate the list and have 51 companies on the G100 overall. Notably, the populous countries of India and China have no representation on the list.
The Top 10 Companies
So, which individual companies made the list? Here’s a snapshot of the star players:
|1||Chr. Hansen Holding A/S||Denmark||Food or other Chemical Agents||82.99%|
|2||Kering SA||France||Apparel and Accessories||81.55%|
|3||Neste Corporation||Finland||Petroleum Refineries||80.92%|
|5||GlaxoSmithKline plc||United Kingdom||Biopharmaceuticals||79.41%|
|6||Prologis, Inc.||United States||Real Estate Investment Trusts||79.12%|
|7||Umicore||Belgium||Primary Metals Products||79.05%|
|8||Banco do Brasil S.A.||Brazil||Banks||78.15%|
|9||Shinhan Financial Group Co.||South Korea||Banks||77.75%|
|10||Taiwan Semiconductor||Taiwan||Semiconductor Equipment||77.71%|
Chr. Hansen Holding A/S leapt from #66 in 2018 to the top spot this year. According to CEO Mauricio Graber, the company develops “cultures, enzymes, probiotics and natural colors for a rich variety of foods, confectionery, beverages, dietary supplements and even animal feed.”
A staggering 82% of Chr. Hansen’s revenue contributes to the United Nations’ Sustainability Goals. The company is using good bacteria to reduce antibiotic use, crop pesticides, and food waste. Over the last three years, the company has reduced yogurt waste by 400,000 tonnes.
What’s in it for Companies?
While societal pressure is certainly one motivating factor, Harvard Business Review notes that corporate sustainability has many benefits:
- Drives competitive advantage through stakeholder engagement
- Improves risk management
- Fosters innovation
- Improves financial performance
- Builds customer loyalty
- Attracts and engages employees
It’s clear that sustainability is a strong differentiator in the business community. The world’s largest – and smartest – companies are leading the charge towards a greener, more equitable future.
Visualizing EV Sales Around the World
With global sales hitting new milestones and adoption rates rising, are electric vehicles now becoming a mainstream option for drivers around the world?
It took five years to sell the first million electric cars. In 2018, it took only six months.
The Tesla Model 3 also passed a significant milestone in 2018, becoming the first electric vehicle (EV) to crack the 100,000 sales mark in a single year. The Nissan LEAF and BAIC EC-Series are both likely to surpass the 100,000 this year as well.
Although the electric vehicle market didn’t grow as fast as some experts initially projected, it appears that EV sales are finally hitting their stride around the world. Below are the countries where electric vehicles are a biggest part of the sales mix.
The EV Capital of the World
Norway, after amassing a fortune through oil and gas extraction, made the conscious decision to create incentives for its citizens to purchase electric vehicles. As a result, the country is the undisputed leader in EV adoption.
In 2018, a one-third of all passenger vehicles were fully electric, and that percentage is only expected to increase in the near future. The Norwegian government has even set the ambitious target of requiring all new cars to be zero-emission by 2025.
That enthusiasm for EVs is spilling over to other countries in the region, which are also seeing a high percentage of EV sales. However, the five countries in which EVs are the most popular – Norway, Iceland, Sweden, Netherlands, and Finland – only account for 0.5% of the world’s population. For EV adoption to make any real impact on global emissions, drivers in high-growth/high–population countries will need to opt for electric powered vehicles. (Of course power grids will need to get greener as well, but that’s another topic.)
China’s Supercharged Impact
One large economy that is embracing plug-in vehicles is China.
The country leads the world in electric vehicle sales, with over a million new vehicles hitting the roads in 2018. Last year, more EVs were sold in Shenzhen and Shanghai than any country in the world, with the exception of the United States.
China also leads the world in another important metric – charging stations. Not only does China have the highest volume of chargers, many of them allow drivers to charge up faster.
Accelerating from the Slow Lane
In the United States, electric vehicle sales are rising, but they still tend to be highly concentrated in specific areas. In around half of states, EVs account for fewer than 1% of vehicle sales. On the other hand, California is approaching the 10% mark, a significant milestone for the most populous state.
Nationally, EV sales increased throughout 2018, with December registering nearly double the sales volume of the same month in 2017. Part of this surge in sales is driven by the Tesla’s Model 3, which led the market in the last quarter of 2018.
North of the border, in Canada, the situation is similar. EV sales are increasing, but not fast enough to meet targets set by the government. Canada aimed to have half a million EVs on the road by 2018, but missed that target by around 400,000 vehicles.
The big question now is whether the recent surge in sales is a temporary trend driven by government subsidies and showmanship of Elon Musk, or whether EVs are now becoming a mainstream option for drivers around the world.
The World’s 25 Largest Lakes, Side by Side
This unique map graphic uses the Great Lakes region as a point of comparison for the top 25 largest lakes in the world.
The World’s 25 Largest Lakes, Side by Side
In many parts of the world, you don’t have to look very far to find a lake.
According to satellite data, there are roughly 100 million lakes larger than one hectare (2.47 acres) to be found globally. The largest lakes, which rival the size of entire nations, are more of a rarity.
One might expect the world’s largest lakes to be very alike, but from depth to saline content, their properties can be quite different. As well, the ranking of the world’s largest lakes is far from static, as human activity can turn a massive body of water into a desert within a single generation.
Today’s graphic – created using the fantastic online tool, Slap It On A Map! – uses the Great Lakes region as a point of comparison for the largest 25 lakes, by area. This is particularly useful in comparing the scale of lakes that are located in disparate parts of the globe.
The Greatest Lakes
The largest lake in the world by a long shot is the Caspian Sea – a name that hints at a past when it was contiguous with the ocean around 11 million years ago. This massive saline lake, which is nearly the same size as Japan, borders five countries: Kazakhstan, Russia, Turkmenistan, Azerbaijan, and Iran. An estimated 48 billion barrels of oil lay beneath the surface of the basin.
The five Great Lakes, which run along the Canada–U.S. border, form one of the largest collections of fresh water on Earth. This interconnected series of lakes represents around 20% of the world’s fresh water and the region supports over 100 million people, roughly equal to one-third of the Canada–U.S. population.
Amazingly, a single lake holds as much fresh water as all the Great Lakes combined – Lake Baikal. This rift lake in Siberia has a maximum depth of 5,371ft (1,637m). For comparison, the largest of the Great Lakes (Lake Superior) is only 25% as deep, with a maximum depth of 1,333ft (406m). Lake Baikal is unique in a number of other ways too. It is the world’s oldest, coldest lake, and around 80% of its animal species are endemic (not found anywhere else).
Here’s a full run-down of the top 25 lakes by area:
|Rank||Lake Name||Surface Area||Type||Countries on shoreline|
|1||Caspian Sea||143,000 sq mi|
|2||Superior||31,700 sq mi|
|3||Victoria||26,590 sq mi|
|4||Huron||23,000 sq mi|
|5||Michigan||22,000 sq mi|
|6||Tanganyika||12,600 sq mi|
|7||Baikal||12,200 sq mi|
|8||Great Bear Lake||12,000 sq mi|
|9||Malawi||11,400 sq mi|
|10||Great Slave Lake||10,000 sq mi|
|11||Erie||9,900 sq mi|
|12||Winnipeg||9,465 sq mi|
|13||Ontario||7,320 sq mi|
|14||Ladoga||7,000 sq mi|
|15||Balkhash||6,300 sq mi|
|16||Vostok||4,800 sq mi|
|17||Onega||3,700 sq mi|
|18||Titicaca||3,232 sq mi|
|19||Nicaragua||3,191 sq mi|
|20||Athabasca||3,030 sq mi|
|21||Taymyr||2,700 sq mi|
|22||Turkana||2,473 sq mi|
|23||Reindeer Lake||2,440 sq mi|
|24||Issyk-Kul||2,400 sq mi|
|25||Urmia||2,317 sq mi|
Shrinking out of the rankings
Not far from the world’s largest lake, straddling the border between Kazakhstan and Uzbekistan, lay the sand dunes of the Aralkum Desert. In the not so distant past, this harsh environment was actually the bed of one of the largest lakes in the world – the Aral Sea.
For reasons both climatic and anthropogenic, the Aral Sea began receding in the 1960s. This dramatic change in surface area took the Aral Sea from the fourth largest lake on Earth to not even ranking in the top 50. Researchers note that the size of the lake has fluctuated a lot over history, but through the lens of modern history these recent changes happened rapidly, leaving local economies devastated and former shoreside towns landlocked.
Lake Chad, in Saharan Africa, and Lake Urmia, in Iran, both face similar challenges, shrinking dramatically in recent decades.
How we work to reverse damage and avoid ecosystem collapse in vulnerable lakes will have a big influence on how the top 25 list may look in future years.
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