Atlas Copco Recognized in 2011 for Innovation and Sustainability

Dec. 29, 2011
Atlas Copco last week announced recent honors for innovative and sustainable business practices that include listings in Newsweek’s Green Rankings and Thomson Reuters’ Top 100 Global Innovators.

Atlas Copco last week announced recent honors for innovative and sustainable business practices that include listings in Newsweek’s Green Rankings and Thomson Reuters’ Top 100 Global Innovators.

“Since August of this year, Atlas Copco AB has been recognized by Newsweek, Thomson Reuters and Forbes for innovative and sustainable business practices, along with strengthening our position in a ranking of global industrial equipment manufacturers measured by the quality of the companies’ patent portfolios,” said Mark Cohen, president for Atlas Copco North America LLC. “These acknowledgements show that not only is it possible to be an environmental steward while operating a successful and innovative manufacturing company, but that our global leaders embrace and incorporate innovation and sustainability in everyday business practices on every level.”

Newsweek’s Green Rankings identify companies as global leaders who “cut through the green chatter” and incorporate policies, practices and programs that foster environmental well-being. Newsweek’s ranking, unveiled on Oct. 16, listed Atlas Copco No. 161 among global companies, No. 15 among Capital Goods companies and third among companies with headquarters in Sweden. Newsweek derived the global companies’ Green Scores based on a number of factors, including an Environmental Impact Score, an Environmental Management Score, and an Environmental Disclosure Score.

Thomson Reuters’ Top 100 Global Innovators is a new list of the world’s 100 most innovative companies. The list is based on an examination of the intellectual property of all companies or organizations that have had 100 patents or more approved in the past three years. The most innovative companies were singled out based on the success of their patent applications, the global scope of the patents and most importantly, the influence these patents have had on other companies’ inventions.

Forbes magazine in August named Atlas Copco AB No. 67 among the Top 100 most innovative companies in the world, and Atlas Copco was again be included in the Dow Jones Sustainability World Index for 2011. Additionally, Atlas Copco strengthened its position in a ranking by The Patent Board of global industrial equipment manufacturers, which measures the quality of the companies’ patent portfolios; Atlas Copco was No. 13 on this list of 119 companies, moving up from its No. 23 ranking the previous year.

Headquartered in Stockholm, Sweden, Atlas Copco is an industrial group with global positions in compressors, construction and mining equipment, power tools and assembly systems.