Nordics aggressive greenhouse gas (GHG) reduction achievements; increasing conversion to recycled plastic use in manufacturing component reels; and demonstrable dedication to its sustainability principles have made the top 500 list for Worlds most sustainable companies, designated by TIME and research partner, Statista, from more than 5000 eligible companies worldwide.
The criteria, devised by TIME and Statista to recognise and reward companies that prioritise sustainability, is designed to promote corporate responsibility and advance sustainable practices.
More than 5000 of the world's largest and most influential companies were assessed based on factors such as revenue, market capitalisation, and public prominence. These companies were examined in a rigorous four-step process that covered more than 20 key data points, such as their CDP score - which provides a snapshot of a companys disclosure and environmental performance, their alignment with GRI and SASB, emissions and energy intensity, and employee turnover and work safety.
'We are very proud to have been recognised with such a distinction on a global scale,' said Geir Langeland, Executive Vice President of Sales and Marketing, Nordic Semiconductor. The recognition not only raises awareness of our commitment to sustainability efforts to comply with regulations but highlights the direction of our business to go above and beyond the necessary sustainability efforts to achieve net-zero emissions.
The winners were predominantly from five industries, including Banking, Insurance Financial Services; Manufacturing Industrial Production; IT, Tech Software; Facility, Real Estate Construction; and Electronics, Hardware Equipment.
