Sydney – January 2024 – For all those corporate leaders who look straight past their pallets without a second thought comes yet one more reminder that a mindful and strategic approach to pallet selection and management can pack a powerful sustainability punch. Brambles, a global leader in supply chains and logistics, has advanced by one position to be ranked the second most sustainable company in the world by Corporate Knights in its 2024 Global 100 list. The annual ranking announced at the World Economic Forum conference in Davos assessed 6,733 publicly traded companies with revenues exceeding USD1 billion, based on the social and environmental impact of their operations, revenues, and investments.
This year marks Brambles’ fourth successive year of inclusion on the list and the company’s continued rise in the rankings, underscoring the importance of its circular ‘share and reuse’ business model to sustainability performance.
Graham Chipchase, Brambles Chief Executive Officer, said: “The future of our world relies on businesses contributing more to nature and communities than they require to operate. Our ambition to build regenerative supply chains is the natural next step for our circular business, which reduces environmental impact every time our CHEP assets are shared and reused in place of single-use alternatives.
“Reaching second place in Corporate Knights’ Global 100 list is a remarkable achievement and one we take delight in sharing with our customers, employees and investors who support our sustainability vision and understand its role in both ongoing value creation and the pursuit of more resilient supply chains.”
“As a circular economy superstar, Brambles is a leader in aligning sustainability-aligned executive compensation, pension fund contributions for employees, board diversity, and with 100% sustainable investments and revenue shaping its business,” added Toby Heaps, Corporate Knights CEO. “Companies listed on the Global 100 index represent the gold standard for sustainability performance, with Brambles near the very top.”
Brambles’ ranking in the 2024 Global 100 list follows a period of strong sustainability achievements and recognitions for the company, including retaining the #1 position in its industry category in the Dow Jones Sustainability Index, securing double ‘A’ scores from CDP for action on Climate and Forestry, and maintaining its maximum MSCI AAA rating.
About Corporate Knights
Corporate Knights Inc. is a leading sustainable-economy media and research B Corp. Founded in 2002 by Toby A. Heaps, Paul Fengler and Peter Diplaros, Corporate Knights is committed to advancing an economic system where people and the planet can thrive.
Its award-winning magazine, Corporate Knights, is a magazine of choice among business leaders, policy-makers and investment decision-makers. Published quarterly, Corporate Knights maintains an editorial focus on climate change, responsible investing, and the ideas, actions and innovations that shape a sustainable economy. With a circulation of 126,000+, the magazine is distributed in The Globe and Mail, The Washington Post and The Wall Street Journal.
Corporate Knights’ research division produces global sustainability rankings, research reports and financial product ratings based on corporate sustainability performance. Its flagship ranking is the Global 100 Most Sustainable Corporations in the World, released each year during the World Economic Forum.