“As the climate is in an alarming state, it is our responsibility towards our stakeholders – owners, customers, colleagues, and the planet alike – to be a growing tech leader enabling climate action. For us, caring for the climate and driving sustainable growth go hand in hand, and it is a true honor to be recognized by TIME for precisely this combination," says Vaisala’s President and CEO Kai Öistämö (right).
The analyst team at TIME and Statista commented on Vaisala’s performance:
“With solid growth and very high marks in our financial stability metrics, Vaisala was high up in our rankings even before we included environmental data. However, driven by near-total green energy use, Vaisala received among the highest scores of any company in our ranking among our three measures of Scope 1 and 2 CO2 emissions absolute amount, carbon intensity, and carbon intensity compared to others in the industry.”
“Overall, Vaisala not only placed first in sustainability (as well as overall score) among the Finnish companies we evaluated, but also among the top 3% of companies in its sustainability score – an impressive accomplishment, especially for a manufacturing company.” the analysts concluded.
* The methodology for the study is based on three key dimensions: revenue growth, financial stability, and environmental impact. Companies were evaluated on their revenue growth from 2021 to 2023, financial health using metrics like long-term profitability, the Piotroski F-Score and Altman Z-Score, and key performance indicators in environmental impact, including carbon emissions (scopes 1, 2, and 3), energy and water usage, and waste management.
@VaisalaGroup @TIME @_Enviro_News #PAuto #Sustainability
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