Danish firms among the world’s most sustainable

However, Ørsted lost its top spot as four of five companies from Denmark in the top 100 dropped in the rankings

According to the 2021 Global 100 Index, companies from Denmark continue to light the sustainable path.

The index, which ranks the world’s 100 most sustainable corporations with more than 1 billion USD in revenue, energy firm Ørsted was second overall. 

Ørsted was top dog on last year’s index, but was relegated to second this year by French company Schneider Electric.

“We’re delighted with our continued high ranking in the Global 100, which reflects both our determination in driving a sustainable and profitable business and our commitment to be a catalyst for the global green energy transformation,” said Ørsted CEO, Mads Nipper.

In fact, of the five Danish companies in the top 100, only Vestas improved compared to last year by moving from 37th to 21st.

Chr Hansen moved from 2nd to 24th, Novozymes fell from 6th to 36th and Novo Nordisk almost dropped out of the top 100 altogether, tumbling from 71st to 98th.

READ ALSO: Maersk remains the undisputed king of Danish business

Finns fishing for first
Corporate Knights, the Canadian company behind the annual ranking, assessed over 8,000 companies around the world.

The US and Canada had the most companies on the list, followed by France and Germany. 

From a Nordic perspective, Denmark was tied with Finland with five companies on the index, while Norway and Sweden both had two. 

Check out the entire index here.