Norwood, MA (11/15/2012) - Analog Devices, Inc. (NASDAQ: ADI), a global leader in high-performance semiconductors for signal processing applications, announced today that Newsweek magazine has ranked the company as one of the 100 greenest companies in the United States.
The Newsweek Green Rankings grade the 500 largest public U.S. companies on their environmental impact, including greenhouse gas emissions, waste emissions and use of other natural resources, as well as environmental strategy, policy, management, and reputation. The complete list can be found at www.newsweek.com/green.
ADI ranked 19 among companies in the technology sector and 92 overall on the 2012 Newsweek Green Rankings list, moving up from 209 overall in 2011. The Newsweek Green Rankings was compiled by comparing the actual environmental footprints, management policies, programs, initiatives, and reporting practices of companies based in the United States.
"ADI’s significant move upward in Newsweek’s ranking is the result of our ongoing commitment to sustainability," said Maria Tagliaferro, corporate communications director, Analog Devices. "ADI is working diligently to reduce carbon dioxide emissions, implement water reuse and conservation programs across our manufacturing sites, and minimize waste generation throughout our business. Protecting the environment continues to play a major role in our sustainability program, and we’re proud to have our efforts recognized."
Newsweek evaluates annually the environmental performance of America’s 500 largest publicly traded companies and 500 largest companies internationally. To produce the 2012 Green Rankings, Newsweek collaborated with leading environmental research providers, Trucost and Sustainalytics, to assess each company’s environmental footprint, management of that footprint, and transparency.
Innovation, performance, and excellence are the cultural pillars on which Analog Devices has built one of the longest standing, highest growth companies within the technology sector. Acknowledged industry-wide as the world leader in data conversion and signal conditioning technology, Analog Devices serves over 60,000 customers, representing virtually all types of electronic equipment. Analog Devices is headquartered in Norwood, Massachusetts, with design and manufacturing facilities throughout the world. Analog Devices is included in the S&P 500 Index.