TIME and Statista Reveal the World’s Top Companies for Sustainable Growth “`

This ranking identifies companies excelling in sustainable development alongside robust financial performance. The assessment centers on revenue growth, financial stability, and environmental impact, considering only companies transparently reporting environmental data.

Revenue growth, assessed using 2021-2023 data, considered both relative growth and industry-average comparisons. Consistent growth throughout this period was crucial for top rankings.

Financial stability was evaluated using the Piotroski F-Score and Altman Z-Score (2023 data), measuring profitability, leverage, and liquidity, and bankruptcy likelihood, respectively. Resilience, especially during economic uncertainty, and profitability from 2019-2023 were key factors.

Environmental impact, a central element, used 2022 data on Scope 1, 2, and 3 emissions, analyzing absolute emissions, emission intensity relative to revenue and industry peers. Green energy use, water consumption, and waste management also factored into the assessment. Data sources included sustainability reports, disclosures, and third-party databases.

A weighted scoring model combined the three dimensions equally (each contributing to a maximum of 33.33 points of a 100 point total). The 500 highest-scoring companies comprise the TIME and Statista ranking.