Top 50 Most Sustainable Companies In The World Honored At 2022 SEAL Business Sustainability Awards

Top 50 Most Sustainable Companies In The World Honored At 2022 SEAL Business Sustainability Awards

February 28, 2023SEAL Awards today announced the winners of the 2022 SEAL Organizational Impact Award, celebrating their leadership, transparency, and commitment to sustainable business practices.

Global brands like Colgate-Palmolive, HP, Kering, Stanley Black & Decker, Inc. and Unilever were among those selected for the SEAL Organizational Impact Award. Selected by combining two premier ESG data sets – the CDP A-List ™  and the Corporate Sustainability Assessment (CSA, now part of S&P Global ESG Scores ™) –  the 2022 SEAL Organizational Impact Award honors the 50 most sustainable companies globally.

“Encouragingly, the number of companies participating in ESG benchmarking assessments has increased by over 450% in the past decade. As a result, the bar for world-class ESG performance has risen,” commented Matt Harney, SEAL Awards’ Founder. “Our mission at SEAL is to rigorously assess and then celebrate extraordinary sustainability leadership. We’re honored to present our analytically-driven selections for the Top 50 Most Sustainable Companies in the World.”

2024 SEAL BUSINESS SUSTAINABILITY AWARDS

For companies interested in entering our 2024 SEAL Business Sustainability Awards, the registration is now open:

 

The Organizational Impact winners were:

  • Acciona, S.A.
  • Amorepacific Corporation
  • ANA Holdings Inc.
  • AstraZeneca PLC
  • Atlantica Sustainable Infrastructure plc
  • Atos SE
  • Banco Santander, S.A.
  • Brambles Limited
  • British American Tobacco p.l.c.
  • CaixaBank, S.A.
  • Capgemini SE
  • Cathay Financial Holding Co., Ltd.
  • China Development Financial Holding Corporation
  • Cisco Systems, Inc.
  • Coca-Cola Europacific Partners PLC
  • Colgate-Palmolive Company
  • CP ALL Public Company Limited
  • Delta Electronics, Inc.
  • EDP – Energias de Portugal, S.A.
  • Enel SpA
  • Ferrovial, S.A.
  • First Financial Holding Co., Ltd.
  • Holcim Ltd
  • HP Inc.
  • Iberdrola, S.A.
  • Intesa Sanpaolo S.p.A.
  • Italgas S.p.A.
  • Japan Tobacco Inc.
  • Kao Corporation
  • Kering SA
  • Klabin S.A.
  • Konica Minolta, Inc.
  • Koninklijke KPN N.V.
  • Koninklijke Philips N.V.
  • LANXESS Aktiengesellschaft
  • NEC Corporation
  • Nikon Corporation
  • Nomura Research Institute, Ltd.
  • Novartis AG
  • NTT DATA Corporation
  • OMRON Corporation
  • Ono Pharmaceutical Co., Ltd.
  • Owens Corning
  • Philip Morris International Inc.
  • PTT Global Chemical Public Company Limited
  • Red Electrica Corporacion, S.A.
  • Ricoh Company, Ltd.
  • Schneider Electric S.E.
  • Sekisui House, Ltd.
  • Shiseido Company, Limited
  • Siemens Gamesa Renewable Energy, S.A.
  • Signify N.V.
  • SK Telecom Co.,Ltd
  • Stanley Black & Decker, Inc.
  • Sumitomo Forestry Co., Ltd.
  • Taiwan Mobile Co., Ltd.
  • Tech Mahindra Limited
  • Telefonica, S.A.
  • Transurban Group
  • UBS Group AG
  • Unilever PLC
  • United Microelectronics Corporation
  • UPM-Kymmene Oyj
  • Veolia Environnement S.A.
  • Volvo Car AB (publ.)
  • Wipro Limited
  • Zurich Insurance Group AG


Selected Sustainability Award Winner Perspectives:

“Sustainability is at the heart of HP’s business strategy,” said James McCall, chief sustainability officer at HP. “We have one of the most comprehensive environmental and social impact agendas in our industry and are honored to be recognized by SEAL for our ongoing commitment toward meaningful sustainable policies and practices.”


SEAL Organizational Impact Award – Methodology Discussion:

In our discussions with sustainability executives, we have consistently heard these understaffed departments are overburdened by ESG questionnaires and assessments. Of note, a European institutional investor we hosted at our office that was interested in SEAL’s perspective on ESG was quite surprised at the length, rigor, and scope inherent in the leading evaluations. We encourage you to review the methodology for the forthcoming 2022 CSA as evidence.     

Rather than create yet another assessment, SEAL Awards’ approach to this Top 50 2022 Organizational Impact Award is purely analytical and leverages existing ESG databases. Said another way, no company award entries were considered.

The CDP and Corporate Sustainability Assessment (CSA, now part of S&P Global) data sets were chosen based on their quality, rigor, and global coverage. 

For further perspectives on the strength of the CDP and CSA, we encourage you to read SustainAbility’s 2019 report Rate the Raters 2019: Expert Views on ESG Ratings.    

The SEAL Awards analysis used the “Climate Change” dimension of CDP’s 2022 A-List assessment, which represented a universe of 13,126 disclosing companies. While important to our environmental progress, the “Water Security” and “Forests” CDP dimensions were not considered due to smaller sample sizes. 

This CDP data was combined with the 2022 CSA / S&P Global ESG ratings, which covered over 7,500 companies.

The SEAL Awards analyzed the distribution of rankings for each CDP and CSA to determine a numerical equivalent score that captured an equal level of selectivity.     

CDP A-List “Climate Change” alphabetical scores were converted as follows:

  • “A” = 99.2 points 
  • “A-” = 96.4 points

The CSA tiers were converted as follows:

  • “Gold” = 99.5 points 
  • “Silver” = 98.4 points
  • “Bronze” = 97.1 points


From this combined data set, the
SEAL Awards ranked the 50 most sustainable companies in the world.

Consistent with SEAL’s organizational focus, our methodology reflects a 69% weighting on the environmental dimension. Importantly, the SEAL methodology does incorporate “Social” and “Governance” components, thereby elevating the holistic ESG performance required for award winners.

The following graphics summarize the SEAL Organizational Impact Award on a geographic and sector basis:

 

One hundred percent of the award entry fees were contributed to SEAL’s Environmental Impact Campaigns and ongoing Environmental Research Grant initiative, which has to date provided funding to 20 environmental researchers at institutions like UC-Berkeley, Duke, MIT, and UCLA. 

 

For companies interested in entering our 2024 SEAL Business Sustainability Awards, please register below:


ABOUT THE SEAL AWARDS

SEAL (Sustainability, Environmental Achievement & Leadership) Awards is an environmental advocacy organization that honors leadership through our business sustainability awards & environmental journalism awards while funding research and pursuing our own environmental impact campaigns.

The SEAL Awards’ core pillars are:


SEAL Awards is not affiliated with the CDP, CSA, or S&P Global. The selection process for the
SEAL Organizational Impact Award drew entirely upon publicly available information from each of the CDP and CSA. 

https://sealawards.com.

MEDIA RESOURCES

High-Resolution Graphic: 2022 SEAL Organizational Impact Award