Atlas Copco Included In Forbes' Top 100 World's Most Innovative Companies List For Third Consecutive Year
The Atlas Copco Group (Atlas Copco AB) is listed among the world’s 100 most innovative companies by Forbes for the third year in a row.
Forbes named Atlas Copco No. 94 among its top 100 most innovative companies, based on the company’s market capitalization when compared to anticipated cash flows. According to the magazine, this calculation serves as an indicator of the expected return on investment in coming years as a result of the company’s current innovations.
“Innovation has been the driving force behind Atlas Copco’s growth for more than 140 years,” said Jim Levitt, president, Atlas Copco North America LLC. “We are continually looking for ways to be more productive and more sustainable in order to create value for all of our stakeholders, as well as make a positive impact on society through our innovations.”
Recently, Atlas Copco was named a “Leader” in the FTSE4Good Index, which measures globally recognized corporate responsibility standards in environmental, social and governance practices. Atlas Copco was also recognized as one of the world’s most sustainable companies in the Global 100 list presented at the World Economic Forum and ranked one of the world’s most ethical companies by Ethisphere Institute earlier this year.
Atlas Copco has also been included in the Dow Jones Sustainability Index and has been recognized by Thomson-Reuters and Newsweek for its commitment to innovation and sustainability.
About Atlas Copco
Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2012, Atlas Copco had 39,800 employees and revenues of BSEK 90.5 (approximately BUSD 14). For more information, visit www.atlascopco.com.
About Atlas Copco North America
Atlas Copco North America operates 111 locations and employs more than 4,600 people in the United States. The company had revenues of $2.8B in 2012, approximately one-fifth of the company’s global revenue. For more information, visit www.atlascopco.us.
SOURCE: Atlas Copco