Barron’s – by Lauren Foster
Snarled supply chains and devastating floods and droughts across the U.S. marred prospects for companies and communities last year. But American corporations that elected to focus on sustainability, including managing their suppliers and water risk, showed that doing so was not only good for the planet, but also for their shareholders.
In the fifth annual Barron’s ranking of America’s Most Sustainable Companies, shares of the 100 companies on our list returned 34.4%, on average, in 2021, besting the S&P 500 SPX-0.31% index’s 28.7%. Overall, 47 of the companies beat the index.
It was also a year in which corporations, galvanized by calls to action in the lead-up to the United Nations Climate Change Conference, known as COP26, jockeyed for position as leaders in the fight against climate change.
“In 2021, we see companies almost competing with one another on sustainability,” says John Streur, CEO of Calvert Research and Management, the sustainable-investment shop that developed this list for Barron’s. “There has been movement among the best. The companies that might have been top-ranked two years ago are continuing to do better, but they’ve been overtaken by companies that are doing even more and even better. We’re seeing a real operational implementation of sustainability across these companies, real operational progress,” Streur says.
EPAM is the Top IT Services Company on the 2022 list; ranking #100 Most Sustainable.
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