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 the Range of EVs on Major Highway Routes
We visualize how far popular EV models will take you on real-world routes between major cities, and which are the most cost effective.
The Range of EVs on Major Highway Routes
Between growing concerns around climate change, new commuting behaviors due to COVID-19, and imminent policy changes, the global transition to electric vehicles (EVs) is well under way.
By the year 2040, sales of electric vehicles are projected to account for 58% of new car sales, up from just 2.7% currently.
But switching from a gasoline car to an electric one is not seamless. With charging and range capacities to consider, and the supporting infrastructure still being slowly rolled out in many parts of the world, understanding the realities of EV transportation is vital.
Above, we highlight 2020 all-electric vehicle range on well-recognized routes, from California’s I-5 in the U.S. to the A2 autobahn in Germany. The data on estimated ranges and costs are drawn from the U.S. EPA as well as directly from manufacturer websites.
The EV Breakdown: Tesla is King of Range
For many consumers, the most important aspect of an electric vehicle is how far they can travel on a single charge.
Whether it’s for long commutes or out-of-city trips, vehicles must meet a minimum threshold to be considered practical for many households. As the table below shows, Tesla’s well-known EVs are far-and-away the best option for long range drivers.
|Vehicle||Range (miles)||Range (km)||MSRP||Cost per mile|
|Tesla Model S Long Range Plus||402||647||$74,990||$186.54|
|Tesla Model X Long Range Plus||351||565||$79,990||$227.89|
|Tesla Model S Performance||348||560||$94,990||$272.96|
|Tesla Model 3 Long Range||322||518||$46,990||$145.93|
|Tesla Model Y Long Range||316||509||$49,990||$158.20|
|Tesla Model X Performance||305||491||$99,990||$327.84|
|Tesla Model 3 LR Performance||299||481||$54,990||$183.91|
|Tesla Model Y Performance||291||468||$59,990||$206.15|
|Chevrolet Bolt EV||259||417||$36,620||$141.39|
|Hyundai Kona Electric||258||415||$37,190||$144.15|
|Tesla Model 3 Standard Range Plus||250||402||$37,990||$151.96|
|Kia Niro EV||239||385||$39,090||$163.56|
|Nissan LEAF e+ S||226||364||$38,200||$169.03|
|Audi e-tron Sportback||218||351||$69,100||$316.97|
|Nissan LEAF e+ SV/SL||215||346||$39,750||$184.88|
|Porsche Taycan 4S Perf Battery Plus||203||327||$112,990||$556.60|
|Porsche Taycan Turbo||201||323||$153,510||$763.73|
|Porsche Taycan Turbo S||192||309||$187,610||$977.14|
|Hyundai IONIQ Electric||170||274||$33,045||$194.38|
|MINI Cooper SE||110||177||$29,900||$271.82|
In an industry where innovation and efficiency are vital, Tesla’s first-mover advantage is evident. From the more affordable Model 3 to the more luxurious Model S, the top eight EVs with the longest ranges are all Tesla vehicles.
At 402 miles (647 km), the range of the number one vehicle (the Tesla Model S Long Range Plus) got 127 miles more per charge than the top non-Tesla vehicle, the Polestar 2—an EV made by Volvo’s standalone performance brand.
Closer Competition in Cost
Though Tesla leads on overall range and battery capacity, accounting for the price of each vehicle shows that cost-efficiency is far more competitive among brands.
By dividing the retail price by the maximum range of each vehicle, we can paint a clearer picture of efficiency. Leading the pack is the Chevrolet Bolt, which had a cost of $141.39/mile of range in 2020 while still placing in the top 10 for range with 259 miles (417 km).
Just behind in second place was the Hyundai Kona electric at $144.15/mile of range, followed by the Tesla Model 3—the most efficient of the automaker’s current lineup. Rounding out the top 10 are the Nissan LEAF and Tesla Model S, but the difference from number one to number ten was minimal, at just over $45/mile.
|Top 10 All-Electric Vehicles by Cost Efficiency|
|Vehicle||Cost per mile|
|Chevrolet Bolt EV||$141.39|
|Hyundai Kona Electric||$144.15|
|Tesla Model 3 Long Range||$145.93|
|Tesla Model 3 Standard Range Plus||$151.96|
|Tesla Model Y Long Range||$158.20|
|Kia Niro EV||$163.56|
|Nissan LEAF e+ S||$169.03|
|Tesla Model 3 LR Performance||$183.91|
|Nissan LEAF e+ SV/SL||$184.88|
|Tesla Model S Long Range Plus||$186.54|
Higher Ranges and Lower Costs on the Horizon
The most important thing to consider, however, is that the EV industry is entering a critical stage.
On one hand, the push for electrification and innovation in EVs has driven battery capacity higher and costs significantly lower. As batteries account for the bulk of weight, cost, and performance in EVs, those dividends will pay out in longer ranges and greater efficiencies with newer models.
Equally important is the strengthening global push for electric vehicle adoption. In countries like Norway, EVs are already among the best selling cars on the market, while adoption rates in China and the U.S. are steadily climbing. This is also being impacted by policy decisions, such as California’s recent announcement that it would be banning the sale of gasoline cars by 2035.
Meanwhile, the only thing outpacing the growing network of Tesla superchargers is the company’s rising stock price. Not content to sit on the sidelines, competing automakers are rapidly trying to catch up. Nissan’s LEAF is just behind the Tesla Model 3 as the world’s second-best-selling EV, and Audi recently rolled out a supercharger network that can charge its cars from 0% to 80% at a faster rate than Tesla.
As the tidal wave of electric vehicle demand and adoption continues to pick up steam, consumers can expect increasing innovation to drive up ranges, decrease costs, and open up options.
Correction: A previous version of this graphic showed a European route that was the incorrect distance.
Understanding How the Air Quality Index Works
This graphic breaks down how the air quality index is measured, and looks at which regions are hardest hit by atmospheric pollution and wildfires.
Understanding How the Air Quality Index Works
Air quality levels have received a lot of attention in recent months.
In the wake of COVID-19 lockdowns, many places reported a marked increase in air quality. Northern India captured the world’s attention when it was reported that the Himalayan mountain range was visible for the first time in decades.
On the flipside, later in the summer, wildfires swept over the Pacific Northwest and California, blanketing entire regions with a thick shroud of smoke that spanned hundreds of miles.
How is air quality measured, and what goes into the health scores we see?
Measuring the Air Quality Index
When we see that air quality is “good” or “unhealthy”, those public health categories are derived from the Air Quality Index (AQI).
In the U.S., the AQI is calculated using four major air pollutants regulated by the Clean Air Act:
- Ground-level ozone
- Carbon monoxide
- Sulfur dioxide
- Particle pollution, also known as particulate matter
Some countries have a slightly different way of calculating their scores. For example, India also measures levels of ammonia and lead in the air.
To make these readings more accessible, the AQI has a scoring system that runs from 0 to 500, using data collected from air monitoring stations in cities around the world. Scores below 50 are considered good, with very little impact to human health. The higher the score gets, the worse the air quality is.
To make communicating potential health risks to the public even easier, ranges of scores have been organized into descriptive categories.
|AQI Score Range||AQI Category||PM2.5 (μg/m³)||Health Risks|
|0-50||Good||0-12.0||Air quality is satisfactory and poses little or no risk.|
|51-100||Moderate||12.1-35.4||Sensitive individuals should avoid outdoor activity.|
|101-150||Unhealthy||35.5-55.4||General public and sensitive individuals in particular are
at risk to experience irritation and respiratory problems.
|151-200||Unhealthy||55.5-150.4||Increased likelihood of adverse effects and aggravation
to the heart and lungs among general public.
|201-300||Very Unhealthy||150.5-250.4||General public will be noticeably affected.
Sensitive groups should restrict outdoor activities.
|301+||Hazardous||250.5+||General public is at high risk to experience strong
irritations and adverse health effects. Everyone
should avoid outdoor activities.
While all the forms of atmospheric pollution are a cause for concern, it’s the smaller 2.5μm particles that get the most attention. For one, we can see visible evidence in the form of haze and smoke when PM2.5 levels increase. As well, these fine particles have a much easier time entering our bodies via breathing.
There are a number of factors that can increase the concentration of a region’s particulate matter. Some common examples include:
- Coal-fired power stations
- Cooking stoves (Many people around the world burn organic material for cooking and heating)
- Smoke from wildfires and slash-and-burn land clearing
Wildfires and Air Quality
Air quality scores can fluctuate a lot from season to season. For example, regions that are reliant on coal for power generation tend to see AQI score spikes during peak periods.
One of the biggest fluctuations occurs during wildfire season, when places that typically have scores in the “good” category can see scores reach unsafe levels. In 2020, Eastern Australia and the West Coast of the U.S. both saw massive drops in air quality during their respective wildfire seasons.
Luckily, while these types of fluctuations are extreme, they are also temporary.
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