Atlas Copco ranked greenest industrial company in the world
Atlas Copco, a provider of sustainable productivity solutions, has been listed by the Newsweek 2015 Green Rankings as the greenest industrial company in the world.
The US magazine analysed the world’s 500 largest publicly traded companies to gauge their corporate sustainability and environmental impact. Together with research partners Corporate Knights Capital and HIP Investor, it looked at indicators such as energy and water use, greenhouse gas emissions and waste recycling.
Atlas Copco ranked 11th in the world and highest in the industrial segment. The company was also this year recognised as the 23rd most sustainable corporation in the world in Corporate Knights magazine’s Global 100 list.
Atlas Copco’s energy-saving products include its variable-speed compressors, a technology that enables compressors to run only at the speed necessary, cutting energy consumption. In 2013 the company launched VSD+ technology, which is said to cut energy use by more than half compared with traditional compressors.
“Making innovative, energy-effective products and taking other steps to reduce the environmental impact is about business leadership,” said Mala Chakraborti, Atlas Copco’s vice president corporate responsibility. “Our environmental targets are central to our business, and we are happy to be recognised for this.”
Sustainable organic batteries for future energy storage
A rechargeable proton battery being developed by scientists at UNSW Sydney has the potential to...
CSIRO's solar venture secures $15 million funding
FPR Energy, a new venture from CSIRO, has secured $15 million in seed funding.
Aust partnership leads to solar-powered canola
Riverina Oils, a NSW canola oil producer, has partnered with Australian renewable energy retailer...