Alphabet Inc (NASDAQ:GOOGL), Apple Inc. (NASDAQ:AAPL) and Facebook Inc (NASDAQ:FB) Achieve Top Rankings in Greenpeace Report Card

0
116

The technology companies that achieved the highest score in this year’s “Click Clean” report card were Alphabet Inc (NASDAQ:GOOGL),Apple Inc. (NASDAQ:AAPL) and Facebook Inc (NASDAQ:FB). Overall each of these tech giants scored an A in the survey that is conducted by Greenpeace.

On an annual basis, the environmental watchdog group rates organizations in the technology and cloud computing sectors with regards to how much renewable power they use and how actively they influence other firms to follow in their footsteps.

Clean Energy Index

Using a clean energy index, Greenpeace sums up how much clean energy from hydroelectric generation sources as well as from renewable sources that companies in the tech sector use. The environmental watchdog also assesses the openness and transparency of a company regarding the sources of its energy. Also assessed is how much of an advocacy role a company plays in promoting the use of clean energy.

The energy used in data centers is becoming increasingly important since computers and other data center gear currently consumes approximately 7 percent of the electricity produced in the world.

Other titans of the tech industry did not do so well as the three above. Both salesforce.com, inc. (NYSE:CRM) and Microsoft Corporation (NASDAQ:MSFT) scored Bs in the Greenpeace report. Amazon.com, Inc. (NASDAQ:AMZN) Web Services, on the other hand, scored a C as did Oracle Corporation (NYSE:ORCL), International Business Machines Corp. (NYSE:IBM) and Hewlett Packard Enterprise Co (NYSE:HPE).

clickclean-final-art

Wind Power Farms

While Amazon Web Services is committed to big clean energy undertakings in 2016 such as using wind power farms in Texas and North Carolina, it was slammed by Greenpeace for lack of openness and thus the low rating relative to other tech leaders.

“Due to (Amazon Web Services) continued lack of transparency and its rapid growth in Virginia and other markets largely served by dirty energy, it remains unclear whether the AWS cloud is actually on a path to becoming renewably powered,”noted Greenpeace.

In Tuesday’s trading, Apple Inc rose by 0.10% to close the day at $119.11 a piece. Alphabet Inc fell by 0.14 percent to close the day at $826.01 in Tuesday trading session. Facebook Inc also edged downwards by 0.44 percent to close the day’s trading session at $124.35 a share.


Advanced Real-Time Chart: If not automatically loaded with the correct symbol related to this article, you can manually enter it (ex. AAPL) to update the chart.