Atlas Copco the No. 1 industrial firm in Newsweek's Green Rankings

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Newsweek magazine recently analyzed the world's 500 largest publicly traded companies for corporate sustainability and environmental impact for its annual Green Rankings, and Atlas Copco ranked 11th overall, but No. 1 in the industrial grouping.

"Making innovative, energy-effective products and taking other steps to reduce the environmental impact (are) about business leadership,” Mala Chakraborti, Atlas Copco’s vice president for corporate responsibility, said.  “Our environmental targets are central to our business, and we are happy to be recognized for this.”

Among he factors Newsweek gauged in all companies studied were energy and water use, greenhouse-gas emissions and waste recycling.

Atlas, a provider of sustainable-productivity solutions, also made the 2014 list.

Atlas' innovative, energy-saving products also include its variable-speed compressors, which the company pioneered in 1994, enabling compressors to run only at the speed needed to be effective, cutting energy consumption.

In 2013, Atlas launched the patented VSD+ technology, which cuts energy use by more than half compared with traditional compressors. Earlier this year, Atlas was among those recognized by the United Nations at a conference on climate change for the company’s goals to cut carbon dioxide from its products and operations. Atlas also was recognized this year as one of the world’s most sustainable companies in the annual Global 100 list.

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