November 7, 2011
Newsweek has recognized Mohawk Industries again for its environmental performance. For the third consecutive year, Mohawk, Calhoun, Ga., placed in the magazine’s annual ranking of the 500 greenest U.S. companies. Mohawk, a provider of renewable flooring, is the only flooring company to make the 2011 list.
“Mohawk is honored to be ranked among the leading manufacturers and service providers in Newsweek’s annual green rankings,” said Bill Kilbride, chief sustainability officer. “This recognition is a testament to the commitment and hard work of all of our employees as we strive toward sustainability.”
According to Newsweek’s research, Mohawk now ranks 292nd in overall sustainability, moving up from 350th on the 2010 Green Rankings list. Mohawk ranks ninth among all consumer goods manufacturers.
Mohawk’s sustainability strategy focuses on its products, processes, and people. It diverts more than 3 billion pounds of material from landfills each year.
In July Mohawk released its second annual sustainability report, documenting the company’s progress in implementing and achieving its environmental initiatives. This reporting earned Mohawk high marks for Disclosure, which is a new calculation in the Newsweek Green Rankings scoring system that assesses companies’ reporting and transparency on environmental data. In Newsweek’s Disclosure category, Mohawk ranks 122nd.
The Green Rankings list evaluates publicly traded companies on their environmental footprint, the methods through which they manage that footprint, and their sustainability communications. To determine this year’s rankings, Newsweek partnered with environmental research organizations Trucost and Sustainalytics, which calculated the Environmental Impact Score and Environmental Management Score, respectively. Each accounted for 45 percent of the overall ranking, with the Disclosure Score representing the remaining 10 percent.
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