LISLE, IL — Newsweek’s 2012 “Green Rankings” included Navistar among one of the nation’s top 10 companies for good environmental management.
Navistar made the magazine’s U.S. 500 Vehicles & Components category list since it debuted in 2009 at No. 424, rising to No. 204 in 2010 and No. 47 in 2011, placing this year as No. 81.
“We are proud of this continued recognition of Navistar’s efforts to manage our environmental footprint effectively,” said Steven Covey, Navistar senior vice president, general counsel and chief environmental officer. “Navistar’s people work very hard to manufacture our products in an environmentally friendly manner, including saving energy while recycling and reducing waste.”
Newsweek’s rankings are based on a company’s overall Green Score, which includes three components: environmental impact, environmental management, and environmental disclosure.
To compile the Green Score, Newsweek collaborated with two environmental research providers, Trucost and Sustainalytics, to assess each company’s environmental footprint, management of that footprint, and transparency.
Each list consists of the largest 500 companies by revenue (most recent fiscal year), market capitalization, and number of employees, as of April 30, 2012.
Navistar also contributed to reduced-emissions technologies by being the first to pioneer the smokeless diesel engine in North America. The company also became the first North American manufacturer to enter line production of diesel-electric hybrid commercial trucks and school buses.
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