UPS Among Top 10 on Climate Innovation Index

UPS has been ranked No 9 among the Top 100 global companies selected for the Climate Innovation Index by Maplecroft, a UK-based research and consulting company that reports on sustainability-related risks.

UPS ranked No 6 among the largest 100 US companies and was the only transportation company in the Top 10.

Maplecroft rates corporations based on performance in five areas: quality of management on climate issues; mitigation of carbon emissions; carbon reporting; the use of innovative technologies and business practices that capitalize on climate-related opportunities, and "adaption," which is how companies address climate challenges within their operations. More than 300 companies were ranked.

"Climate change is one of the most significant risks to sustainable economic growth," said Maplecroft CEO Professor Alyson Warhurst. "The Maplecroft Climate Innovation Indexes will empower investors to identify and direct capital toward companies that are both developing climate-solutions and delivering sustained economic growth."

UPS, www.ups.com