Naturex in the World’s Top 20 Sustainable Stocks
To be included in the SB20 list, a company must be a world class example of sustainable business, with excellent environmental practices nurtured throughout the organization. The company must also have a history of healthy profitability.
01/07/09 Naturex has announced that it is to be among the 2009 SB20 List: the World’s Top 20 Sustainable Stocks. The SB20 List is presented in the green investment newsletter, Progressive Investor, which is published by SustainableBusiness.com, one of the world’s top green business websites.
This 8th Annual SB20 List consists of 20 public companies that are leading the way to a sustainable economy. A group of judges, who are among the most respected green stock analysts in the world, selected the 20 companies.
To be included in the SB20 list, a company must be a world class example of sustainable business, with excellent environmental practices nurtured throughout the organization. The company must also have a history of healthy profitability and be considered by the judges to be a good long term investment opportunity.
”Naturex was selected for this year’s SB20 List in the “sustainable food” category because it produces products from plant extracts, replacing chemical ingredients,” says Rona Fried, Ph.D., C.E.O. of SustainableBusiness.com. “Besides being plant-based, its flavorings, colorings, antioxidants and preservatives are GMO-free and not tested on animals, providing a much healthier and environmentally responsible alternative for the food industry. Such ingredients are found throughout the food industry; therefore Naturex has the potential to make an important contribution on a large scale.”
Every company on the 2009 SB20 List has continued to grow their business during the recession, dominating their particular industry niche. Corporate pioneers have continued innovating on the green side despite the recession, an aspect which is increasingly viewed as a sign of management excellence and stronger financial performance.
Other companies on the list include Chipotle Mexican Grill and Novozymes.