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May

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The Companies Combating Climate Change In The Most Innovative Ways

by Harsha Yadav

Source: Fast CoExist

Coming to a Bloomberg terminal near you: a ranking of the most innovative U.S. companies on climate change. And some of the contenders may surprise you.

Produced by Maplecroft, a U.K.-based research house, the ranking tracks how 360 companies worth more than $1 billion are “mitigating climate change related risks,” managing carbon emissions, and innovating “clean-tech solutions and new products”. Maplecroft uses more than 100 criteria to reach its assessment, with the “innovation” piece making up 50% of the scores.

 

“But equally it’s about proactive businesses that are looking to generate new opportunities for revenues. The idea is the rating evaluates that, and then the index sits on the Bloomberg terminal, and ultimately helps drive further investment in businesses that are part of the climate solution.”

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