SAN JOSE, Calif. - June 9, 2015 - Adobe (Nasdaq:ADBE) ranks as a global leader in sustainability for the second consecutive year in Newsweek's Green Rankings 2015 placing first in the Information Technology industry, third best in the United States overall, and fifth most-green company globally. Newsweek, in partnership with Corporate Knights Capital and HIP Investor Inc., ranks companies on their ability to balance revenue growth with environmental impact reduction.
We are proud to be recognized by Newsweek as a green leader. This is a reflection of our commitment to the environment, providing a healthy workplace for our employees and achieving cost savings that come from sustainability efforts, said Holly Campbell, VP of Corporate Responsibility.
The 500 largest publicly traded companies by market capitalization in the U.S. and the world were ranked using 2013 performance data. Rankings are based on factors of combined energy, greenhouse gas, water and waste productivity as well as the company's green revenue score, green pay link, sustainability board committee and audited environmental metrics.
According to Newsweek, Adobe is applying the same creativity it uses to make software to integrating green concepts into its overall company strategy. Since 2002, the company has reduced its electricity usage by 50 percent, its natural gas usage by 30 percent and its water and irrigation usage by 79 percent and 71 percent, respectively. The latter is particularly critical given that many of its facilities are in drought-stricken California.
Adobe manages every part of its business to operate more efficiently and minimize environmental impact. Renewable energy is generated on-site at Adobe headquarters using Windspire wind turbines, and in 2014, Adobe became the first Fortune 500 company to install and manage an intelligent battery system from Stem, reducing peak demand from the grid. In addition, 70 percent of Adobe employees work in LEED certified workspaces, which account for two million square feet of space.
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