Sustainability Rankings by Industry Sector – Any Better ?
Two sector rankings have been brought to my attention recently. I will cover one today (TBR) and one later this week (M&E) when I have collected my thoughts on it.
TBR’s Sustainability Index Benchmark Report looks at the ICT sector. TBR’s scope for sustainability is environmental issues. You can see that Dell, came first followed by BT, IBM, HP, Intel and Nokia.
A comparison with Newsweek’s rankings is possible, although only partial as Newsweek only covers US companies. In Newsweek’s ranking of 500 companies, HP comes first, Dell second, Intel fourth and IBM fifth. It is notable that these ICT sector companies are all clustered in the Newsweek ranking although the order is different.
I see weightings as having a significant impact on ranking even in TBR’s sector specific comparison. For example, how do you rank the relative importance of recycling equipment for BT, which is predominantly a networked services company, with Dell, which sells hardware products in boxes as its core business? (If this sounds like hard feeling’s that we are not #1, it isn’t meant to, I am more than happy that we are well recognized in the rankings).
I suspect that with only a couple of months between the surveys, the different positions between TBR and Newsweek are more likely to be reflecting weighting and methodology rather than performance, so I have to say I remain what I hope is a healthy skeptic on the exact order of rankings, but a supportive of the underlying objective and continued improvement to methodologies.
More to come later this week on M&E rankings in the oil and gas services sector.