S&P Global’s launch in 2018 of the Trucost SDG Evaluation Tool marked the growing interest in understanding positive impacts and alignment with the United Nations Sustainable Development Goals (SDGs), adopted by every country in 2015 to end poverty, protect the planet and ensure prosperity for all as part of a new sustainable development agenda.
In 2018, a number of companies evaluated their SDG related risks and positive impacts using the Trucost SDG Evaluation Tool. An inaugural group of companies from around the world represented a diverse set of industries, representing financial, technology, energy, manufacturing and consumer goods. An advisory panel of leading investors, academics, and NGOs informed the process.
Trucost’s SDG Evaluation supports improved transparency for market participants on environmental and social performance by providing a holistic, quantitative score of a company’s alignment to the SDGs that can be used in conjunction with other reporting frameworks. For investors, the SDG Evaluation can help companies convey their efforts to mitigate risks in operations and supply chains, and align their business models to the products and services that support a greener, more sustainable economy.
Trucost awards companies each year that score the highest in the following categories. At the end of the year, Trucost compares the metrics of all companies who underwent a Trucost SDG Evaluation. Trucost acknowledges companies for their leading SDG performance in several categories:
- Platinum Performance¹ – Companies whose SDG Evaluation score is among the top 20%
- Best SDG Positive Impact ²– The company with the highest score for positive contribution to the SDGs. The positive impact score is compiled from several factors, including revenue from SDG-aligned products and services, contribution to economic growth and employment, philanthropy and, where applicable, commitment to sustainable business model transformation.
- Best SDG Risk Mitigation³ – The company that scored highest on mitigating and managing SDG-related risks which the company is exposed to based on the sectors and locations where it operates.
Trucost is pleased to announce this year’s SDG leaders and congratulates these companies for their leadership and ongoing efforts :
ROCKWOOL Group, Ørsted and Arm for Platinum Performance
ROCKWOOL Group for Best Positive Impact
HP Inc. for Best SDG Risk Mitigation
For more information on the Trucost SDG Evaluation, please contact us at email@example.com