ATLANTA – Brambles, a supply chain logistics company operating in approximately 60 countries primarily through the CHEP brand, has received the highest score in the Dow Jones Barron’s sustainability ranking, rated as the most sustainable company globally.
Through CHEP, Brambles operates the world’s largest pool of reusable pallets and containers.
The company uses Life Cycle Assessment studies that compare reusable platform solutions to single use alternatives to determine the environmental benefits they deliver throughout their customers’ supply chains. In 2019, this totalled 2.0 million metric tons of CO2, 1.3 million tonnes of waste and 2,600 megaliters of water.
“We are very proud to receive this recognition,” said Graham Chipchase, CEO at Brambles. “Sustainability is at the core of our business because our circular model saves natural resources, and helps eliminate waste and carbon emissions. These issues are more important to our customers than ever before. We believe that business has a key role in shaping a sustainable future and we look forward to sharing our sustainability vision for 2025 later this year.”
Barron’s works with Calvert Research and Management to create the annual ranking of 20 “international” stocks.On average, shares of these top 20 companies returned 23.6 percent in 2019.
In parallel, Barron’s runs an annual ranking of “America’s 100 Most Sustainable Companies” using the same methodology. Brambles’s score on the non-U.S., international companies ranking was higher than any of the 100 American listings, positioning the business as the most sustainable company globally.
To reach this top 20 ranking, the analysis evaluates the 1,000 largest publicly traded companies by market capitalization in terms of how they perform with regards to their shareholders, their employees, their customers, the community and the planet. This in turn translates into more than 230 Environmental, Social and Governance (ESG) performance indicators sourced from six primary ESG data vendors (CDP, ISS, MSCI, Sustainalytics, Thomson Reuters Asset4, and TruValue), supplemented by other data sources, where relevant.
These can cover subjects as varied as financial responsibility, data security, workplace diversity, lifecycle impacts of products, employee training, and environmental supply chain impacts. Due to the differing core activities of the companies analyzed, points in each category are then weighted according to the financial materiality of that particular indicator for the industries in which the different companies operate.