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Sustainability

100 Corporations That Will Survive 100 Years

Klaus Kneale, 01.28.09, 4:10 PM ET Sustainability is the buzzword of the day. In a recent study, the global PR firm Weber Shandwick found that, aside from chief executive officers, chief sustainability officers were the most-wanted executives for business conferences. Companies are doing all they can to ensure their survival right now. Innovest Strategic Value Advisors has pulled together a list of 100 stalwart companies poised to survive past all others. These are the companies that stand the best chance to still be around in the year 2109. Let's hope a recession in 2108 doesn't knock them out. See the Global 100 Most Sustainable Corporations Toby Heaps, president of Corporate Knights, a Canada-based sustainability-focused media outfit, runs the Global 100 Most Sustainable Corporations list. Each year, Heaps and Innovest track which companies are doing the best in several major sustainability-related areas, including human capital, environmental risks, governance and more. The results are added up to find the most sustainable businesses of all. The list is not a ranking. It looks only at AAA-rated corporations that can be considered models of sustainability, and they are picked to cover a broad range of industries. Although the Global 100 has outperformed the Dow Jones industrial average and MSCI World Index since early 2005, its formulators do not include price-to-earnings ratios, market capitalization and other current market data in their determinations. Therefore, Heaps warns, some of the companies, while extremely promising in the long term, may be overpriced at the moment-although, he adds, there's not a great deal of overpricing out there right now. Almost half of the corporations that make the list have already been around for a century in one form or another. Some have changed a number of times through acquisitions, mergers and the like. Stora Enso, a Finland-based paper and packaging company, traces itself back to documents from the year 1288--though its current iteration comes from a merger in 1998. Looking for some of the big names everyone knows? The tech goliaths Google, Apple and Microsoft didn't make it, each for a different reason. But technology is a fickle industry, especially over the course of a century. Google isn't on the list largely because of what's known as social risk. Privacy issues have dogged it, and in addressing them, the company has found itself dealing with legal questions ahead of customer satisfaction. Apple suffers from governance questions-particularly concerning Steve Jobs' health and the lack of a clear succession plan. Microsoft's difficulty with the European Union and its work on supposed brain-computer interface software means the company has run both regulatory and social risks. Heaps started the Global 100 list in 2005. "I wanted to shine a light on better- equipped companies for the long term," he says. He hopes the list will help both investors and companies alike. "What gets measured gets managed."

The Global 100 Most Sustainable Corporations

Factor Scores Company Name Country Sector Team Strategic Human Stakeholder Governance Capital Environment Capital

Acciona SA Accor

Spain France

Construction Consumer Goods

9.5 9.4

6.8 9.4

9.6 7.6

9.0 8.2

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Adidas AG

Germany

Consumer Goods Computers/Electronics Retail Transportation Extractives Retail Transportation Industrials/Capital Goods Chemicals Health Care Oil & Gas Extractives Real Estate Media Telecom & IT Oil & Gas Utilities Consumer Goods Banks Construction Computers/Electronics Diversified Financials Real Estate Consumer Goods Transportation Consumer Goods Oil & Gas Computers/Electronics Utilities Health Care

9.9 8.7 7.4 8.3 8.2 7.1 8.0 8.3 9.1 8.3 7.2 8.7 9.0 8.5 8.0 7.7 9.2 7.3 8.2 9.0 8.5 6.4 8.5 9.3 6.7 9.0 7.7 7.8 7.3 7.0 9.0 7.3 9.7 9.6 7.0 9.2 8.7 10.0 6.0

9.0 9.3 7.6 7.4 5.0 7.4 8.0 7.7 9.7 8.3 6.3 5.0 9.2 8.6 7.0 7.0 8.7 5.3 5.8 3.0 7.1 7.6 9.4 6.7 5.3 7.2 8.1 8.4 7.2 6.8 9.0 6.8 7.9 5.0 8.7 8.7 7.5 6.3 4.7

8.0 8.5 8.5 7.8 7.8 7.0 7.0 7.5 7.5 7.5 7.3 7.4 9.7 7.8 6.0 6.3 7.4 7.6 5.1 9.3 8.5 5.5 7.6 7.9 7.6 6.8 7.1 8.1 7.8 8.5 7.9 6.6 7.2 9.0 7.2 6.3 8.2 8.7 8.1

9.4 9.0 8.0 8.0 7.0 4.9 7.3 9.0 9.4 9.3 8.0 8.0 9.2 8.2 8.3 9.0 8.9 6.8 4.5 8.0 8.7 8.5 8.8 9.0 8.0 8.0 8.1 8.6 8.6 5.3 9.4 9.0 8.3 9.0 8.3 10.0 10.0 8.5 5.7

United Advanced Micro Devices States Aeon Company Limited Air France-KLM Alcoa Inc Amazon.com Inc Atlantia Atlas Copco AB BASF SE Baxter International Inc BG Group PLC BHP Billiton PLC British Land Company PLC British Sky Broadcasting Group PLC Cable & Wireless PLC Cairn Energy PLC Centrica PLC Coca Cola Company Credit Agricole SA Daikin Industries Limited Dell Inc Deutsche Boerse AG Dexus Property Group Diageo PLC East Japan Railway Company Eastman Kodak Company Encana Corp. Ericsson Telephone AB FPL Group Inc Fresenius Medical Care AG Geberit Genzyme Corp. Glaxosmithkline PLC Goldman Sachs Group Inc Groupe Danone Japan France United States United States Italy Sweden Germany United States United Kingdom United Kingdom United Kingdom United Kingdom United Kingdom United Kingdom United Kingdom United States France Japan United States Germany Australia United Kingdom Japan United States Canada Sweden United States Germany

Switzerland Construction United States United Kingdom United States France Health Care Health Care Diversified Financials Consumer Goods Retail Computers/Electronics Construction Industrials/Capital

H & M Hennes & Mauritz Sweden AB Hewlett-Packard Company Hochtief AG Honda Motor Company United States Germany Japan

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Limited Iberdrola SA Inditex SA Intel Corp. Kesko OYJ Lafarge SA Land Securities Group PLC London Stock Exchange Group PLC Lonmin PLC L'Oreal Michelin Mitsubishi Heavy Industries Limited Muenchener Rueckversicherung AG Neste Oil OYJ Nike Inc Nippon Yusen KK Nokia Corporation Novo Nordisk A/S Novozymes A/S NTT Data Corp. NTT Docomo Inc Panasonic Corporation PG & E Corp. Pinnacle West Capital Corp. Procter & Gamble Company Prologis Prudential PLC Reed Elsevier PLC Ricoh Company Limited Roche Holdings Limited Royal Bank Of Canada Sainsbury (J) PLC Saint Gobain Saipem SAP AG SCA AB Scania AB Sekisui Chemical Company Limited Sims Group Limited Smith & Nephew PLC Sompo Japan Insurance Spain Spain United States Finland France United Kingdom United Kingdom United Kingdom France France Japan Germany Finland United States Japan Finland Denmark Denmark Japan Japan Japan United States United States United States United States United Kingdom United Kingdom Japan Canada United Kingdom France Italy Germany Sweden Sweden Japan Australia United Kingdom Japan

Goods Utilities Retail Computers/Electronics Retail Chemicals Construction Real Estate Real Estate Diversified Financials Extractives Consumer Goods Industrials/Capital Goods Industrials/Capital Goods Insurance Oil & Gas Consumer Goods Transportation Computers/Electronics Health Care Chemicals Telecom & IT Telecom & IT Consumer Goods Utilities Utilities Consumer Goods Real Estate Insurance Media Computers/Electronics Banks Retail Construction Oil & Gas Telecom & IT Extractives Industrials/Capital Goods Real Estate Extractives Health Care Insurance 9.3 9.2 8.0 8.4 9.0 8.0 8.5 9.0 9.0 7.0 7.3 10.0 8.0 7.7 8.0 8.6 7.5 9.4 8.8 7.5 7.4 7.0 6.3 8.3 8.0 8.0 7.5 7.0 9.7 7.8 9.4 9.9 9.3 7.7 8.7 8.7 8.0 7.3 7.0 8.3 9.0 7.9 7.0 8.7 7.3 9.0 9.7 9.5 8.8 7.7 7.0 6.0 9.2 8.7 7.0 6.3 9.0 9.1 7.6 9.4 8.6 7.0 8.0 7.7 9.4 7.7 7.7 7.8 5.4 6.8 9.0 5.9 8.2 6.4 8.7 9.0 8.3 8.0 7.8 5.5 7.9 5.6 8.3 8.7 7.3 6.3 8.6 7.3 7.4 9.2 8.5 7.9 6.4 7.1 7.8 8.0 7.5 7.2 7.3 8.1 8.0 8.5 8.4 8.3 8.0 7.6 8.5 7.7 6.8 6.7 7.4 5.9 8.8 8.4 7.4 9.6 8.4 8.3 6.4 6.3 8.0 6.8 8.4 6.6 7.1 7.6 9.3 10.0 10.0 7.3 9.3 9.3 8.4 7.7 6.8 7.7 7.3 8.6 7.0 6.0 8.0 10.0 7.3 9.0 8.9 9.0 8.0 7.3 7.0 8.1 8.3 9.0 7.6 8.2 8.7 7.4 8.2 8.3 7.1 7.8 7.7 8.4 6.9 6.6 6.4 6.5 7.3 5.7

Kuraray Company Limited Japan

Lend Lease Corp. Limited Australia

Switzerland Health Care

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State Street Corp. Statoilhydro ASA Stora Enso OYJ Swiss Reinsurance Company Telus Corp. The Capita Group PLC The Walt Disney Company TNT NV

United States Norway Finland

Diversified Financials Oil & Gas Extractives

8.0 6.7 9.0 9.3 7.8 9.3 8.7 8.6 6.5 8.1 8.0 9.3 8.3 5.7 9.3 8.7 8.7

6.7 6.3 8.0 7.7 7.0 8.3 7.5 8.2 8.8 7.2 6.3 7.7 7.3 7.3 9.0 7.3 9.0

7.5 7.4 7.5 7.2 6.7 9.0 7.5 7.6 8.3 8.8 7.9 7.4 7.5 7.6 8.2 6.7 7.7

7.3 7.7 8.6 7.0 7.3 6.3 6.7 7.9 8.4 7.8 6.7 8.6 8.7 7.7 9.0 7.0 7.5

Switzerland Insurance Canada United Kingdom United States Telecom & IT Business Services Media

Netherlands Transportation Business Services Banks Industrials/Capital Goods Utilities Consumer Goods Transportation Computers/Electronics Industrials/Capital Goods Consumer Goods

Toppan Printing Company Japan Limited Toronto-Dominion Bank Toyota Motor Corp. Transcanada Corp. Unilever PLC United Technologies Corp. Canada Japan Canada United Kingdom United States

Vestas Windsystems A/S Denmark Wartsila OYJ Whitbread PLC Finland United Kingdom

Source: Innovest Strategic Value Advisors, www.innovestgroup.com

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