Posted in | Sensors General

Analog Devices Ranks #17 Among World’s 100 Most Sustainable Corporations

Analog Devices, Inc. today announced that it has been ranked #17 in the Corporate Knights 2019 list of the 100 Most Sustainable Corporations in the World. This is the third consecutive year that ADI has risen on the list, having ranked #42 in 2018 and #78 in 2017.

“We are delighted to be recognized once again for our strong commitment to economic, environmental, governance, and social sustainability,” said Vincent Roche, President and CEO, Analog Devices. “At ADI, we have long prided ourselves in setting increasingly ambitious goals in these areas and driving aggressively to meet and exceed them across our global footprint.”

The 100 Most Sustainable Corporations in the World annual list is compiled by Corporate Knights, a Canada-based media and investment research firm focused on clean capitalism. More than 7,500 global corporations with annual revenue of more than US$1 billion were assessed, and ranking is based on 21 key performance metrics covering resource management, employee management (including leadership diversity), supplier performance, and clean revenue. The clean revenue metric, which was introduced in last year’s ranking and now counts for 50 percent of each company’s score, measures the percentage of revenues earned from products or services that have environmental, or well-defined social benefits.

For ADI, sustainability means being aware of the larger role the company plays in the environments and ecosystems created by its diverse array of technologies, customers, and end markets. The company pursues a business model and practices that enable innovation-driven growth, benefits for all its stakeholders – employees, customers, investors, partners, and communities – and good stewardship of its resources.

Source: https://www.analog.com/en/index.html

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Analog Devices, Inc.. (2019, August 26). Analog Devices Ranks #17 Among World’s 100 Most Sustainable Corporations. AZoSensors. Retrieved on October 24, 2020 from https://www.azosensors.com/news.aspx?newsID=13345.

  • MLA

    Analog Devices, Inc.. "Analog Devices Ranks #17 Among World’s 100 Most Sustainable Corporations". AZoSensors. 24 October 2020. <https://www.azosensors.com/news.aspx?newsID=13345>.

  • Chicago

    Analog Devices, Inc.. "Analog Devices Ranks #17 Among World’s 100 Most Sustainable Corporations". AZoSensors. https://www.azosensors.com/news.aspx?newsID=13345. (accessed October 24, 2020).

  • Harvard

    Analog Devices, Inc.. 2019. Analog Devices Ranks #17 Among World’s 100 Most Sustainable Corporations. AZoSensors, viewed 24 October 2020, https://www.azosensors.com/news.aspx?newsID=13345.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit