Mohawk Ranked in Newsweek 'Green' List
Dalton, GA, Oct. 7, 2009--Mohawk Industries came in at number 227 on Newsweek magazine's ranking of the 500 largest U.S. companies.
Newsweek listed Mohawk 227th in its “Green Rankings 2009.” For over a year, the publication collaborated with environmental researchers KLD Research & Analytics, Trucost, and CorporateRegister.com to rank the 500 largest U.S. companies based on their actual environmental performance, policies, and reputation.
“This is a remarkable honor for Mohawk Industries, and a milestone in our Mohawk GreenWorks efforts,” said Jeff Lorberbaum, CEO.
Companies were scored using three key criteria:
Environmental Impact Score, a standardized quantitative performance measurement taking more than 700 variables into account to captures the total cost of all environmental impacts of a corporation's global operations.
Green Policies Score, an analytical assessment of a company's environmental policies and performance, which considered best-in-class policies, programs and initiatives, as well as regulatory infractions, lawsuits and community impacts, among other indicators.
Reputation Score, based on an opinion survey of corporate social responsibility (CSR) professionals, academics and other environmental experts. CEOs or high-ranking officials in all companies on the Newsweek 500 list were also invited to participate.
Impressively, in addition to its overall ranking, Mohawk ranked 45th in reputation among the Top 500 and 14th in its product category, “Consumer Products, Cars.”
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