Tyson Foods moves up in Newsweek’s 2016 Green Rankings
Environmental rankings assess largest publicly traded companies in US and abroad
Tyson Foods, Inc., has moved up more than 50 spots in the 2016 Newsweek Green Rankings, reflecting the company’s environmental and transparency improvement efforts. The company ranked 328th out of 500 companies in the 2016 rankings, compared to 381st last year.
Since 2009, the Newsweek Green Rankings have been considered one of the leading corporate environmental rankings, assessing the 500 largest publicly traded companies in the United States and the 500 largest publicly-traded companies globally on overall environmental performance.
“We believe the new ranking shows the progress we’re making in our efforts to protect the environment and conserve natural resources,” said Leigh Ann Johnston, director of sustainability for Tyson Foods. “We intend to continue improving our environmental performance as well as our position in the Newsweek Green Rankings.”
Earlier this spring, Tyson Foods released its newest sustainability report, which includes information on the company’s environmental stewardship. In addition, the company has set a 12 percent water reduction goal.
"In the current global business and political climate, no company can continue to ignore its environmental footprint and there's good news: Newsweek's 2016 Green Rankings show that the world's biggest companies are improving when it comes to energy productivity and in limiting greenhouse gas emissions,” said Elijah Wolfson, senior editor for Newsweek.
Newsweek Green Rankings Methodology
The U.S. 500 consists of the 500 largest publicly-traded companies headquartered in the U.S. by market capitalization as at 31 December 2015. The Global 500 consists of the 500 largest publicly-traded companies in the world by market capitalization as at 31 December 2015.
Data is obtained from HIP Investor, Bloomberg and the CDP (via Bloomberg). All companies are contacted for data verification, whenever possible once all available items of data have been obtained.
The 2016 Newsweek Green Rankings measures the environmental performance of large public companies using eight clearly defined key performance indicators. The methodology is clear and rules- based, and the process meets the test of being replicable by a third party. A company’s overall score is a weighted average of their eight KPI scores. Combined Energy Productivity Score, Combined GHG Productivity Score, Combined Water Productivity Score, Combined Waste Productivity Score, Green Revenue Score, Sustainability Pay Link, Sustainability Board Committee, Audited Environmental Metrics.