Newsweek Green Rankings Named Toyota the Greenest Car Company in 2017

January 5th, 2018 by

Toyota is not only among the world’s greenest companies but is the greenest automotive manufacturer in the world. According to Newsweek, the Japanese automaker Toyota was once again named one of the world’s greenest companies. It also named this Japanese auto giant as “Best in Industry Global” in the automobile category. The automaker was ranked 16th overall in Newsweek’s Global 500 greenest companies, but number 1 in the automotive category.

The famous Newsweek award recognizes Toyota for its record of continuous achievements and its eco-sensitive hybrid and fuel cell vehicles. All these accomplishments place Toyota, also in the race to be the world’s largest automaker, ahead of highly renowned companies such as Nike, Starbucks and Apple. This year’s score is better than Toyota’s past performance in the rankings, which is an impressive reflection of the company’s continuous green initiatives.

This is what Jim Lentz, Toyota Motor North America’s CEO, said about the award:

“Toyota is proud to be recognized by Newsweek as the world’s top green automaker and as a leader among global companies,” said Jim Lentz, chief executive officer, Toyota Motor North America. “We are continually working to develop and improve technologies for our operations and vehicles. Our aim is to reduce the impact on the environment, while maintaining affordability for our customers, and position our company as an industry leader in sustainable mobility.”

Each year, the Newsweek Green Rankings use eight different metrics to measure the environmental performance of the world’s largest publicly traded companies. All of these companies are rated against each other for such things as energy and water consumption, waste levels and carbon production. Strict methodology is used to examine all areas of corporate greenness. This Newsweek survey was done in partnership with Corporate Knights and HIP Investor.

The full Newsweek Green Rankings list is available on Newsweek’s website: http://www.newsweek.com/green-rankings-2017-18

 

 

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