In a recent press release from Hyundai, the automaker reported the exciting news that it was honored in the 2016 Newsweek Green Rankings. Now in its seventh year, the Newsweek Green Rankings have become one of the world's foremost environmental rankings. It evaluates the 500 largest publicly-traded companies in the United States and the 500 largest in the world for overall environmental performance.
According to Newsweek, the 2016 Green Rankings are based on eight clearly defined performance indicators. The methodology is clear and rules-based, and the process meets the test of being replicable by a third party. A company’s overall score is a weighted average of their eight KPI scores.
"In the current global business and political climate, no company can continue to ignore its environmental footprint and there's good news: Newsweek's 2016 Green Rankings show the world's biggest companies are improving when it comes to energy productivity and in limiting greenhouse gas emissions,” said Elijah Wolfson, senior editor, Newsweek. “Our hope is the rankings will propel leaders to start looking at their environmental impact, not just in terms of carbon use, but comprehensively, and make the changes necessary to sustain both business growth and environmental viability."
Hyundai : HYUNDAI MOTOR COMPANY NAMED A TOP GREEN COMPANY BY NEWSWEEK https://t.co/Rzu9crBOOe
— Newspress USA (@NewspressUSA) June 14, 2016
