Tata Steel, HDFC world`s most sustainable cos
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Last Updated: Thursday, January 28, 2010, 18:25
New York: Two Indian firms--Tata Steel and HDFC--have made it to a list of the world's most sustainable companies by media firm Corporate Knights.

Ratan Tata's Tata Steel has been ranked on the 90th spot, while mortgage lender HDFC cornered the 92nd position in the world's 100 most sustainable companies list, the Forbes said attributing to the Toronto-based media company that compiled the list.

"To be considered sustainable, companies must squeeze four times more wealth out of every resource they use," Corporate Knight Editor-in-Chief Toby Heaps said.

US-based General Electric has topped the list, followed by San Francisco-based utility company Pacific Gas and Electric Corp.

Mail delivery firm Tnt Nv of Netherlands and Swedish clothing company H&M Hennes & Mauritiz have been ranked on the third and the fourth place respectively.

Among others on the top 10 list includes-- Finnish handset maker Nokia (5th), Siemens Ag of Germany (6th), UK's Unilever (7th), Vodafone (8th), UK-based capital goods firm Smith Group (9th) and Swiss company Geberit (10th).

The mining giant Rio Tinto and Internet search engine Google did not figure on the list.

"Google was shut out of the top 100 because of privacy concerns and issues related to its China operations," Heaps said.


First Published: Thursday, January 28, 2010, 18:25

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