Barron’s released its first-ever ranking of the most sustainable companies in the U.S. on Wednesday.
Seven New Jersey-based companies were named to the inaugural 100 Most Sustainable Companies list, demonstrating positive sustainability efforts. They are as follows:
16. Cognizant Technology, Teaneck;
36. American Water Works Co., Voorhees;
47. Prudential Financial, Newark;
57. Campbell Soup, Camden;
58. Church & Dwight, Trenton;
67. Becton Dickinson, Franklin Lakes;
89. Automatic Data Processing (ADP), Roseland.
Cognizant, which was the top New Jersey company on the list, at No. 16, said sustainability is an integral part of its business.
“At Cognizant, we believe it is not just our responsibility to apply our technology expertise, passion for innovation and energy to the evolving needs of our clients, but also to our communities, our environment and our colleagues,” said Francisco D’Souza, Cognizant CEO. “We are proud to be recognized on the inaugural Barron’s 100 Most Sustainable Companies list. We believe that, in addition to positive financial performance, hallmarks of a well-managed company include strong governance, a high standard of ethics and development of our communities and associates.”
— Cognizant (@Cognizant) February 9, 2018
To create the rankings, Barron’s worked with Calvert Research and Management, a unit of Eaton Vance. Calvert analyzed 1,000 of the largest publicly-held U.S. companies (it excluded real estate investment trusts and limited partnerships) by 300 performance indicators. The companies were rated in five categories: shareholders, employees, customers, planet and community. Calvert then formed a sustainability score for the companies and produced the Top 100.
Full details of the rankings and methodology can be found here.