Indian companies figure among Newsweek's annual rankings of the
world's greenest companies, with information technology giants Wipro and Tata Consultancy Services taking the second and 11th
The US news magazine's fourth annual Green Rankings noted that
while companies around the planet in emerging and developing
economies are going green, the US is falling behind globally.
IBM, which ranks No.1 on the magazine's US list, was the only
American company to break into the global top 10, which was led by
Banco Santander Brasil.
In picking up the most environmentally-friendly companies, the
magazine said it partnered with Trucost and Sustainalytics, two
leading research companies, to compare the world's largest 500
companies according to their environmental footprint, management
(policies, initiatives, controversies) and transparency.
Wipro, placed second with a Green Score of 85.4, plans to convert
five of its campuses into "biodiversity zones" by 2015, and its
flagship data centre in North Carolina was just awarded an LEED
Gold certification, Newsweek noted.
The sustainability practices of TCS, ranked 11th with a Green
Score of 80.4, "have focused largely on agricultural and community
needs of the region."
"Sixteen of its facilities do composting, some have bio-digesters
turning waste into kitchen fuel and a programme called mKRISHI has
enabled some 20,000 farmers in 400 Indian villages to get access
to important information about climate, pesticides and fertiliser
use," Newsweek noted.
Rankings of Indian companies with their global rank in brackets:
Wipro (2), Tata Consultancy Services (11), Infosys (19), Larsen &
Toubro (96), Tata Motors (282), Reliance Industries (342), State
Bank of India (344), HDFC Bank (346), ONGC (386), Tata Steel
(419), ICICI Bank (476), NTPC (497) and Coal India (499).
(Arun Kumar can be
contacted at email@example.com)