Company Profiles
Portfolio 21 Holdings
- ABB
- Abengoa
- Acciona
- Accor
- Adobe
- Air Liquide
- Apogee
- Applied Materials
- Atlas Copco
- Autodesk
- Banco Bradesco
- Baxter
- Best Buy
- British Land
- British Sky Broadcasting
- Canadian Pacific Railway
- Canon
- Carrefour
- Cisco Systems
- Cosan
- Denso
- Deutsche Post
- East Japan Railway
- Eaton
- eBay
- Ecolab
- EDF Energies Nouvelles
- EDP Renovaveis
- Electrolux
- Henkel
- Hennes & Mauritz (H&M)
- Herman Miller
- HSBC
- Hyflux
- Iberdrola Renovables
- IBM
- Intel
- Itau Unibanco
- Itron
- Johnson & Johnson
- Johnson Controls
- Johnson Matthey
- Kurita
- Life Technologies
- L'Oreal
- Marks & Spencer
- Mitsui O.S.K. Lines
- MTR
- National Grid
- Natura Cosmeticos
- Netapp
- Nike
- Novartis
- Novo Nordisk
- Novozymes
- Nucor
- Olympus
- Ormat
- Philips
- Portland General Electric
- Potlatch
- Praxair
- Red Electrica
- Reed Elsevier
- Roche
- Royal Bank of Canada
- Schneider Electric
- Schnitzer Steel
- Scottish & Southern Energy
- Severn Trent
- Sharp Electronics
- Shimano
- Siemens
- Skanska
- SKF
- Smith & Nephew
- Sonoco
- Staples
- SunPower
- Svenska Cellulosa (SCA)
- Teijin
- Telefonica
- Tennant Company
- Tesco
- TNT
- Umicore
- Unibail-Rodamco
- Unicredit Group
- United Natural Foods
- Verbund
- Vestas Wind Systems
- Volvo Group
- Waters
- Westpac Bank
- Whole Foods Market
National Grid
United Kingdom
National Grid is one of the world's largest utilities, delivering electricity and natural gas to customers in England, Wales, and the northeastern United States. While the company's business is based on the use of fossil fuels, which drives global warming, Portfolio 21 is attracted to National Grid for a number of reasons. Specifically, the company is focused on natural gas (the most efficient fossil fuel), it has a successful track record of promoting energy efficiency and the purchase of electricity from renewable resources (achievements recognized by both the U.S. Environmental Protection Agency and the Department of Energy, among others) and, most important, the company aims to be a supplier of energy management services rather than simply being an energy supplier. National Grid's CEO Steve Holliday has highlighted the need to reexamine the regulatory structure of utility incentives and is lobbying for a new framework that would promote efficiency, rather than the current system that rewards companies for selling more energy. National Grid is also lobbying for the use of Smart Meters that provide opportunities for efficiency improvements by tracking energy usage. The company has a program in place to reduce its SF6 emissions (a very potent greenhouse gas) and provides good metrics regarding its greenhouse gas emissions, including innovative metrics that address the efficiency of its electricity distribution system. Portfolio 21 has asked for improvements in the company's renewable energy purchases and an expansion of its energy efficiency programs.
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 9/30/09 and may not reflect current opinions or subsequent events.