Tuesday, November 24, 2009

Companies to Reward and Avoid on Black Friday

Getting ready to head out shopping first thing Friday, and want to reward good companies who are truly taking significant green steps?

Here's an article about the release of Climate Counts' new green scorecard -- see who ranks the greenest and who would draw the ire of ol' Woodsy Owl.

At the top of the list: Nike (83 points out of 100) and topped the Climate Counts list.

At the bottom (dirty companies to avoid): Jones Apparel Group (7), VF Corporation (6), Viacom (3), Burger King (10), Wendy's-Arby's Group (2), PNC Financial Services (3), SunTrust (2), Regions (1), ExpressJet (7), AirTran (5) and SkyWest Air (0).

Says GreenBiz author, Marc Gunther:

In the argot of the NGO world, this is known as "rank 'em and spank 'em." And it seems to work.

So long as we're keeping score, let's also note that Coca-Cola beat PepsiCo, Microsoft outperformed Google, HP nosed out IBM and Marriott crushed Starwood in the 2009 Climate Count rankings.

More meaningful is the fact that many companies made dramatic improvements to their scores. Among the big gainers were Levi Strauss, eBay, Disney, Nokia, PepsiCo, Yum! Brands, Darden Restaurants and US Airways. (Thanks to Mother Nature Network blogger Shea Gunther for pointing this out and, no, we're not related, at least as far as we know.) The entire electronics sector scored above 50, Turner noted, as did consumer shipping.

Something very interesting to consider:

One last thought about this list -- it's signal that "green products" by themselves aren't enough to signal a company's sustainability commitment. Clorox, for example, has its GreenWorks line of products, but it ranks last in the household products category, far behind P&G. Green companies Method and Seventh Generation aren't rated but it's a safe bet they would do well. Climate Counts plans to come out with an iPhone app soon to help environmentally conscious shoppers.

I don't plan to buy much on Friday -- not much that constitutes new "stuff" anyway.  But I'll definitely keep this scorecard in my back pocket, so to speak, when I do need to make some purchases...

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