Company Profiles
Portfolio 21 Holdings
- ABB
- Abengoa
- Acciona
- Accor
- Adobe
- Air Liquide
- American Superconductor
- Apogee
- Applied Materials
- AstraZeneca
- Atlas Copco
- Autodesk
- Aviva
- Baxter
- British Land
- British Sky Broadcasting
- Canadian Pacific Railway
- Canon
- Carrefour
- Cisco Systems
- Cosan
- Dell
- Denso
- Deutsche Post
- East Japan Railway
- Eaton
- Echelon
- Ecolab
- EDF Energies Nouvelles
- EDP Renovaveis
- Electrolux
- H. Lundbeck
- Henkel
- Hennes & Mauritz (H&M)
- Herman Miller
- Hewlett-Packard
- HSBC
- Hyflux
- Iberdrola Renovables
- IBM
- Intel
- Itron
- Johnson & Johnson
- Johnson Controls
- Johnson Matthey
- Kao
- Kingfisher
- Kurita
- Marks & Spencer
- Mitsubishi Electric
- Mitsui O.S.K. Lines
- MTR
- Munich Re
- National Grid
- Natura Cosmeticos
- Netapp
- Nike
- Nokia
- Novartis
- Novo Nordisk
- Novozymes
- Nucor
- Olympus
- Ormat
- Philips Electronics
- Portland General Electric
- Potlatch
- Praxair
- Prologis
- Red Electrica
- Reed Elsevier
- Roche
- Royal Bank of Canada
- Schneider Electric
- Schnitzer Steel
- Scottish & Southern Energy
- Severn Trent
- Sharp
- Shimano
- Siemens
- Skanska
- SKF
- Smith & Nephew
- Sonoco
- Staples
- SunPower
- Svenska Cellulosa (SCA)
- Swiss Re
- Tandberg
- Teijin
- Telefonica
- Tennant Company
- Tesco
- TNT
- Umicore
- Unibail-Rodamco
- Unicredit Group
- United Natural Foods
- Verbund
- Vestas Wind Systems
- VMware
- Volvo Group
- Waters
- Westpac Bank
- Whole Foods Market
- Xerox
Carrefour
France
Carrefour is one of the largest retailers in the world, operating mega-markets, supermarkets, discount, and cash and carry stores. The company exceeds Portfolio 21's biotechnology policythrough its global GMO-free policy on the ingredients in its own-brand products. Carrefour has a variety of organic food and ecologically preferable products in its offerings, and is developing non-food lines that promote the use of sustainable materials, such as Forest Stewardship Council certified garden furniture. In 1995, Carrefour demonstrated environmental leadership with its policy to reduce packaging weight and increase recyclability, which resulted in the reduction of approximately 11,000 tons of packaging in France alone. The company is also dedicated to reducing its emissions. Carrefour works to reduce the impacts of product distribution by optimizing delivery routes and using alternative modes of transport with lower greenhouse gas emissions. The company also regularly retrofits its stores with energy efficient technologies. Carrefour's environmental key performance indicators are comprehensive, including water, waste, energy, paper usage, and shipping CO2, reported by store type and by operating country. However, Portfolio 21 has asked the company to increase its transparency regarding the breadth of products that include organic ingredients and other environmentally preferable materials, as well as increasing its commitment and investments in green design for its facilities.
Biotechnology Involvement
Carrefour recognizes the concerns with Genetically Modified Organisms (GMOs) and applies the precautionary principle on this issue. In 1996, the company committed to a non-GMO approach for its own-brand products and has guaranteed these products to be GMO-free since 1999. Read Portfolio 21's full Biotechnology Policy.
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 3/31/09 and may not reflect current opinions or subsequent events.