September 16, 2008

Top sustainable companies

ICIS Chemical Business (the magazine I work for) released yesterday its Top 100 global chemical companies based on their financial performance, and Germany's BASF topped the chart with $85bn (EUR61bn) in 2007 sales.

Just less than a week ago, BASF was also picked as the top sustainable company within the chemical sector by the Dow Jones Sustainability Index (DJSI) 2008 review.

Coincidence? Most probably, but there is no arguing that companies are profiting from the green trend not only because their customers demand sustainable products but the companies themselves are applying sustainability actions such as energy- and fuel-efficiency, and waste- and byproduct-reductions in their processing and distribution, that lead to lower operational costs.

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