NEW YORK, NY — Newsweek launched a ranking of the greenest companies in America in its current issue and Hewlett-Packard took top honors. The Newsweek Green Rankings is the first-ever report based on companies' actual environmental footprint, policies and practices. The twelve-page report in the September 28 issue, (on newsstands September 21), features a green ranking of America's 500 largest publicly-traded companies as measured by revenue, market capitalization and number of employees. On Newsweek.com, users can search and sort the data in several ways, analyze the detailed methodology of the study and submit and review comments.

"This is the first time a media organization has ranked companies in this way," said Kathleen Deveny, Global Business Editor of Newsweek. "Most green lists are anecdotal — ours is the result of a massive database research project conducted in collaboration with three of the leading players in environmental research: KLD, Trucost and Corporate Register."

The companies are ranked based on a number of criteria, including each company's greenhouse gas emissions, toxic waste emissions and use of other natural resources. Newsweek and its partners also assessed the companies' management of environmental issues and policies, regulatory compliance and policies concerning climate change. The rankings also factor in the results of an exclusive reputational survey of CEOs, corporate social responsibility officers, members of the media, academics, and members of key environmental groups.

As determined by the study, the top 10 greenest companies in America are:

   1. Hewlett-Packard Company
   2. Dell Inc.
   3. Johnson & Johnson
   4. Intel Corporation
   5. IBM
   6. State Street Corporation
   7. NIKE, Inc.
   8. Bristol-Myers Squibb Company
   9. Applied Materials, Inc.
  10. Starbucks Corporation

Newsweek also broke out the list by industry sector, determining the top 10 greenest companies in their respective industries. The top companies from each industry are:

    Industry:                                                          Name:
    Banks & Insurance                                       Wells Fargo & Company
    Basic Materials                                             Praxair, Inc.
    Financial Services                                       State Street Corporation
    Food & Beverage                                         Coca-Cola Enterprises, Inc.
   
    General Industrials,
    Construction & Materials                              ITT Corporation
    Health Care Equipment & Services           Baxter International Inc.
    Industrial Goods & Services                        Agilent Technologies, Inc.
   
     Industrial Transportation,
    Aerospace & Defense                                 United Technologies Corporation
    Media, Travel & Leisure                              Starbucks Corporation
    Oil & Gas                                                        Marathon Oil Corporation
   
    Personal and Household Goods,
    Autos & Auto Parts                                        NIKE, Inc.
    Pharmaceuticals & Biotechnology            Johnson & Johnson
    Retail                                                              Kohl's Corporation
    Technology & Telecommunications         Hewlett-Packard Company
    Utilities                                                           PG&E Corporation

Newsweek collaborated with three of the leading environmental research experts: KLD Research and Analytics, the lead partner on the project, Trucost and CorporateRegister.com. Newsweek also assembled an expert panel to appraise the Newsweek Green Ranking methodology and review the preliminary and final list. The panelists are:

    * Dan Esty, Professor of Environmental Law and Policy, Yale University
    * Marjorie Kelly, Senior Associate at Tellus Institute and co-founder and former editor of Business Ethics Magazine
    * Wood Turner, Executive Director, Climate Counts
    * David Vidal, Global Corporate Citizenship Research Director, The Conference Board
    * John Steelman, The Climate Center, National Resource Defense Council

The Greenest Big Companies in America: www.newsweek.com/id/215577

2009 Green Rankings: greenrankings.newsweek.com/

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