IBM Ranked the World's Greenest Company

      October 20, 2010 10:29

      IBM topped a list of the world's 100 greenest companies released by Newsweek magazine on Monday.

      The U.S. weekly ranked publicly traded companies on their greenness based on factors such as their eco-friendly policies and management, environmental footprint, and reviews from environmental experts.

      Samsung Electronics, at 54th place, was the only Korean firm to make onto the list.

      IT firms placed high on this year's list, with Hewlett Packard in second and Sony ranked fourth. Other IT firms near the top of the list include Deutsche Telecom (seventh), Toshiba (10th), Vodafone (11th) and Nokia (14th).

      Pharmaceutical companies Johnson and Johnson and GlaxoSmithKline ranked third and fifth, respectively. Some banks and insurance companies also ranked high, including HSBC Group Holdings at ninth and Barclays at 12th.

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