Ten Companies in the Health Sector Are Among the Most Sustainable

Health takes positions in sustainability. A dozen companies in the health and care sector have made their way into the ranking of the 100 most sustainable companies in the world prepared by the Canadian magazine Corporate Knights.

The best placed is the Japanese pharmaceutical company Eisai in position number 35, which represents an increase of 18 positions compared to the previous year, followed by the insurer Beazley, whose headquarters are in the United Kingdom, and which climbs from position 87 to position 87. 37.

Two pharmaceutical companies continue, in this order: the Danish Novo Nordisk and the French Sanofi; the Danish medical equipment company Coloplast, the Canadian and Italian insurers Sun Life and Assicurazioni Generali, the British AstraZeneca, the French in vitro diagnostics company Biomérieux and the Canadian insurer Manulife.

Read more about teh most sustainable companies in the world, according to the Canadian magazine Corporate Knights and find other important financial news with the Born2Invest mobile app.

More than 51% of the income of the companies in the ranking comes from sustainable projects

In this edition of the ranking, the twentieth of the publication, the numbers support the growing commitment of multinationals from around the globe to the development of sustainability policies. The average investment in sustainable projects of these 100 companies was 55% in fiscal year 2022, up from 47% the previous year. And 51% of the income of these companies was generated in projects of this type, compared to 50% the previous year.

This ranking is built by collecting data from 38 different industry groups based on 25 different metrics. The metrics vary depending on the industry, explains Corporate Knights, and is calculated in percentage terms and by comparing with a control group from the same area, the position that this company occupies in its sector, its carbon production, the percentage of taxes paid, the ratio between what a CEO earns and an average employee, the diversity on the board of directors or the income received from sustainable projects.

From this calculation, the grades organized by letter emerge, where the companies with the highest score fall in A and those with the worst grade fall in D-. Companies in the health and care industry move in a range that goes from B to C-.

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(Featured image by geralt via Pixabay)

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