Brambles ranked 2nd most sustainable company in world

SNA HIGHLIGHS

Brambles, a global leader in supply chains and logistics, has advanced one position to be ranked the second most sustainable company in the world by Corporate Knights in its 2024 Global 100 list. The annual ranking, announced at the World Economic Forum conference in Davos, assessed 6,733 publicly traded companies with revenues exceeding USD1 billion, based on the social and environmental impact of their operations, revenues and investments.

This year marks Brambles’ fourth successive year of inclusion on the list and the company’s continued rise in the rankings, underscoring the importance of its circular ‘share and reuse’ business model to sustainability performance.

Graham Chipchase, Brambles Chief Executive Officer, said: “The future of our world relies on businesses contributing more to nature and communities than they require to operate. Our ambition to build regenerative supply chains is the natural next step for our circular business, which reduces environmental impact every time our CHEP assets are shared and reused in place of single-use alternatives.

“Reaching second place in Corporate Knights’ Global 100 list is a remarkable achievement and one we take delight in sharing with our customers, employees and investors who support our sustainability vision and understand its role in both ongoing value creation and the pursuit of more resilient supply chains.”

Toby Heaps, Corporate Knights CEO, said: “As a circular economy superstar, Brambles is a leader in aligning sustainability-aligned executive compensation, pension fund contributions for employees, board diversity, and with 100% sustainable investments and revenue shaping its business. Companies listed on the Global 100 index represent the gold standard for sustainability performance, with Brambles near the very top.”

Brambles’ ranking in the 2024 Global 100 list follows a period of strong sustainability achievements and recognitions for the company, including retaining #1 position in its industry category in the Dow Jones Sustainability Index, securing double ‘A’ scores from CDP for action on Climate and Forestry, and maintaining its maximum MSCI AAA rating.