Rating of Largest U.S. Companies Provides Comprehensive Three-Year Trending of Climate Innovation
(3BL Media) St. Paul, MN – May 18, 2012 – For the third consecutive year, Ecolab (NYSE: ECL) was named a leader in the Maplecroft Climate Innovation Index (CII), which identifies global companies that demonstrate superior management, mitigation and adaptation in climate innovation.
According to the organization, the Maplecroft CII is the single-most exhaustive study of the top 360 U.S.-based multinational companies and how they manage and adapt to climate change, with a special focus on innovation to develop new technologies or initiatives that capitalize on climate-related opportunities.
Ecolab received the Overall Leader’s Rank of 43. The 2012 (Cycle 3) evaluation by Maplecroft started with an initial set of more than 1300 companies with a free-float market capitalization of over US$1 Billion. The top 100 are considered “Climate Innovation Leaders.” Ecolab ranked 25th for Adaptation, by incorporating climate impacts into company strategy and operations.
“Climate change is one of the key business and economic issues of our time, and Ecolab’s ranking in the top 50 of Maplecroft’s CII demonstrates our commitment to have a positive impact on society through our customers, by helping them manage risks and leverage opportunities associated with climate change,” said Emilio Tenuta, vice president, Sustainability for Ecolab.
Maplecroft rated each company against more than 100 criteria, including technological innovation and new working practices to combat climate change impacts; management of climate-related issues; adaption to physical climate-related risks throughout the supply chain; and the reduction of greenhouse gas emissions.
With 2011 pro forma sales of $11 billion and more than 40,000 employees, Ecolab Inc. (NYSE: ECL) is the global leader in water, hygiene and energy technologies and services that provide and protect clean water, safe food, abundant energy and healthy environments. Ecolab delivers comprehensive programs and services to the food, energy, healthcare, industrial and hospitality markets in more than 160 countries. For more news and information, visit www.ecolab.com.
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KEYWORDS: Carbon Footprint, Climate Change / Global Warming, Company Ratings, Ecolab, Nalco