On Thursday, Toronto-based media and research group Corporate Knights released its 2016 Global 100 Most Sustainable Corporations in the World Index, which measures the sustainability of publicly traded companies with a market capitalization of at least $2 billion as of Oct. 1, 2015.
To determine the Global 100, Corporate Knights put qualifying companies through four screening tests, and then scored them against other companies within their respective fields using 12 key performance indicators. KPIs include energy productivity, water productivity, employee turnover, leadership diversity and more.
Adidas, the second-largest sportswear manufacturer in the world, which clocked in at number three last year, came in at number five this year with a score of 73.1 percent. (Its biggest competitor, Nike, did not make the list.) The world's second-largest clothing retailer after Zara (which also did not make the list), H&M, came in at 20. The Swedish retailer has made no secret of its efforts to improve sustainability over the years, and even releases seasonal sustainability-focused "Conscious" collections. Other top performers in the beauty and luxury/retail sectors include L'Oréal (14), Marks & Spencer (21) and Unilever (47). And for the first time ever, French luxury group Kering, which released its first Environmental Profit and Loss Account last June, made it onto the ranking at number 43. Gucci, Saint Laurent and Balenciaga are among its portfolio of brands.
Head over to Corporate Knights for the full list.