Newsweek magazine partnered with Corporate Knights Capital, as well as leading sustainability experts from nongovernmental organizations and academic and accounting communities, to rank the world’s largest 500 publicly-traded companies on corporate sustainability and environmental impact.

KONE was the highest ranking Finnish company and came ahead of other industrial sector companies such as Volvo (37), Siemens (56), United Technologies (61), ABB (226) and Mitsubishi (483).

KONE’s overall score of 74.4% was based on transparent and third-party verified reporting of indicators such as energy consumption, greenhouse gases, waste management and executive pay. Reputation management was also independently assessed.

The Newsweek Green Rankings are one of the world’s most recognized assessments of corporate environmental performance.

The full list can be found here.