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Big, profitable companies becoming the most unlikely green leaders

As the world moves rapidly towards a new decade and a future of sustainability, industries and their respective companies are racing to put in place initiatives to lead the charge in this growing space. While this movement isn’t new among some smaller or more progressive companies, it’s the unlikely big corporations making strides to clean up their act that are attracting new attention for all the right reasons.

Even some of the companies that were once seen as the world’s biggest contributors to climate change are boldly changing their stance with a new push to balance profit and sustainability. The formula may not be perfect, but it’s definitely a start. These are some of the most progressive and sustainable companies in the world in 2022.

Google

The global information gatekeeper may produce millions of cellphones a year as part of its business, but that hasn’t stopped the tech giant from trying to make up for it with bold moves.

The American company proudly boasts that it has been carbon neutral since 2007 and will be completely carbon free by 2030. Specifically, the CEO of Google and its parent company Alphabet, Sundar Pichai, has thrown his weight behind the fights immediate global threats such as wildfires, floods and other extreme weather events that impact health, economies and the future.

To achieve its goal of carbon neutrality, Google plans to operate entirely on carbon-free power in its data centers and campuses. On the consumer products side, they will introduce new features to book flights or buy low-carbon devices, a Nest program to support clean energy at home, and an eco-friendly route on Google Maps.

On the information front, Google will power Google Search to answer questions about climate change with authoritative information from sources like the United Nations and respectable news sources to help billions of people stay informed. .

Even Google’s supply chain and manufacturing efforts are moving towards sustainability with examples like pioneering recycled alloys in its products. Its most recent revenue in 2021 was US$256.7 billion.

Fortescue Metals Group/Fortescue Future Industries

It might be controversial to include a mining company and the world’s largest producer of iron ore on this list, but rather than focusing on how the company made its billions in revenue, it’s just as important to look what they do in sustainability. space that its competitors are not.

The company’s majority shareholder, Andrew Forrest, is known for his philanthropic efforts and sustainability is one of them. Leading this movement is the Fortescue Metals Group subsidiary known as Fortescue Future Industries (FFI), a global green energy company committed to producing carbon-free green hydrogen from 100% renewable sources. .

In addition to pushing for zero-emission fuels like green hydrogen that emits water when used, FFI wants to decarbonize heavy industry while creating jobs globally. They are developing technology solutions for hard-to-decarbonise industries, while building a global portfolio of renewable green hydrogen and green ammonia projects to produce 15 million tonnes per year of green hydrogen by 2030.

They are also investing in more traditional sustainable energy sources like wind, solar, hydro and geothermal. Beyond that, FFI recently acquired the emblematic company Williams Advanced Engineering (WAE), a subsidiary of the Williams F1 team.

The takeover of the UK-based company will see new resources invested in the development of WAE’s advanced battery technology while strengthening FFI’s push for green energy technology. The successful partnership has already seen the announcement of the world’s first zero-emission “Infinity Train”, a mode of transport for iron ore that uses gravitational energy to recharge its battery-powered electrical system.

Parent company FMG reported revenue of US$12.4 billion in 2020.

Brambles

Brambles is an Australian company that focuses on the pooling of solutions in the supply of reusable pallets, crates and containers as well as the associated logistics services. Its last recorded revenue in 2019 was US$4.6 billion.

It is a pioneer of the sharing economy and one of the most sustainable logistics companies in the world. His latest efforts have seen him transform the way products get to people as well as implementing regenerative supply chains.

Specifically, they use a circular business model that makes it easy to share and reuse the largest pool of reusable pallets and containers in the world. It is a concept that allows the company to serve its customers while minimizing its impact on the environment and easing the load on limited resources.

They have several sustainability goals for 2025 alone, including growing two trees for every tree they use and zero product sent to landfill.

Autodesk

Autodesk is a popular American software name among architecture, engineering, manufacturing, media, education, and entertainment fields. What is not as well known is his strong allegiance to creating a more sustainable future and leading global philanthropic efforts.

Its efforts in terms of sustainable development are reinforced on several pillars. The first is to create technology that improves energy and material productivity and to refine its own operations to advance sustainable business practices while helping employees make a positive impact.

The second is to empower people to be productive while reducing waste, saving money and staying competitive. Software automation plays a major role in this area. The third is to provide financial grants, software donations and technical training to entrepreneurs who are solving today’s most pressing social and environmental challenges.

And finally, the company powers its facilities, cloud services, events and employee work from home with 100% renewable energy. It has succeeded in neutralizing greenhouse gas emissions across its operations and across its entire value chain through the deployment of its Autodesk Carbon Fund. Its reported revenue in 2022 was US$4.39 billion.

Dassault Systems

The name might sound familiar and that’s because Dassault is the French company that was founded in 1929 to build military aircraft during the arms race. Its business would later expand to include commercial products such as business jets as well as fighter jets, but it is the parent company subsidiary known as Dassault Systèmes that is really pushing the sustainability movement. today.

The company, which develops software for designing, simulating, manufacturing 3D products and other 3D-related products, has implemented its own program called Virtual Twin which aims to improve sustainability outcomes in five specific industrial situations. Specifically, it aims to help businesses unlock combined benefits of US$1.3 trillion in economic value and 7.5 billion tonnes of CO 2e emission reductions by 2030.

These five categories cover providing innovative sustainable packaging, recycling e-waste, advancing sustainable pharmaceutical manufacturing, designing and constructing sustainable buildings, and sustainable mobility. In 2020, the company racked up $4.7 billion in revenue.

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