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Fortune magazine
recently announced its list of 10 giant green companies that have gone beyond
the requirements of environmental laws.
- Honda was recognized as the most fuel efficient auto company in the United States
- Continental Airlines worked with engineers at Boeing to develop more fuel efficient airplanes.
- Suncor of Canada was chosen for measures they have taken while recovering crude oil from tar sands.
- Tesco, a U.K. energy company, instituted measures that cut energy costs while encouraging their customers to do the same.
- Aluminum manufacturer Alcan of Canada has managed to cut greenhouse gas output by 25 percent since 1990, while increasing production by 40 percent.
- PG&E, a California utility, worked with regulators to enact mandatory controls on greenhouse gases.
- S.C. Johnson continued to demonstrate a commitment to sustainability. Starting in 1935, the company led a 15,000 mile expedition to Brazil to find a sustainable source of wax. The company’s first product is still used today and is known as Johnson’s Wax.
- Goldman Sachs has heavily invested in environmental friendly projects such as spending $1.5 million in cellulosic ethanol, wind and solar energy.
- Swiss Re, located in Switzerland, has been warning of higher instances of storms, which affected the country’s reinsurance market. They have pioneered products such as weather-based derivatives to hedge against such risks.
- Hewlett-Packard owns large e-waste recycling plants that shred and reuse electronic gadgets to keep the materials out of the landfills and provide new uses for them.
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