CHEP operator recognised as sustainability leader in the circular economy
Sydney, 19 January 2023 - Brambles, a global leader in supply chain solutions operating through the CHEP brand, has been recognised as one of the world’s most sustainable companies for the third consecutive year. The company climbed to third place on Corporate Knights’ Global 100 list for 2023, which was announced at the World Economic Forum conference in Davos, Switzerland.
Launched in 2005, the annual ranking by Corporate Knights assesses and compares 6,720 of the world’s largest publicly traded companies, based on the social and environmental impact of their operations, revenues and investments.
Brambles’ performance in 2023, which improved from tenth to third position in the overall global ranking while also leading the Australia-Pacific region and its industry, reflects the positive impact of its circular business model on global supply chains.
Graham Chipchase, Brambles Chief Executive Officer, said: “The release of our 2025 Sustainability Strategy signaled Brambles’ intention to build on our sustainable circular model to pursue a regenerative vision.
“Being named the world’s third most sustainable company acknowledges the collective effort across every facet of our business towards those transformative sustainability goals. It also recognises the contribution of our customers and partners who share this vision and continue to collaborate with us to shape the global supply chain for a regenerative future.”
Toby Heaps, Corporate Knights CEO, said: “As a leader in carbon productivity and board diversity, and with 100% sustainable investments and revenue shaping its business, Brambles is demonstrating how companies can reap financial rewards while making socially and environmentally responsible business decisions. As the transition to a sustainable economy ramps up, Global 100 companies like Brambles are in the lead and positioned for continued success in the future.”
Brambles’ ranking on Corporate Knights’ Global 100 list is the latest in a succession of sustainability recognitions and awards by global indices and ratings agencies, including ranking first for its industry in the Dow Jones Sustainability World Index and earning double A ratings from CDP for transparency and action on climate and forests.
In December, Brambles also reconfirmed its continued support of the UN Global Compact, integrating these principles into its business strategy, culture and daily operations.