Mitsubishi Electric joins investors top-10 green list

17 September, 2006

Air-conditioning specialist Mitsubishi Electric has been acknowledged as one of the top-10 ‘green’ companies of the year in the Portfolio 21 survey of Global Mutual Fund, which invests in companies helping the move towards a sustainable society. The survey links financial performance to corporate environmental performance. Portfolio 21 identifies global companies that recognise the opportunities for business prosperity which arise from the search for sustainability. It invests only in companies with an explicit commitment to sustainable-business practices such as energy and resource efficiency to minimise the ecological impacts of products and reduce greenhouse-gas emissions. Ian Parry, business-development manager with Mitsubishi Electric, says, ‘We have always believed that the development of environmentally conscious products is not only the greatest contribution that we can make towards achieving a sustainable society, but also the best way of ensuring the continuing success of our company. ‘As customers become even more focused on environmental issues, we know that they will react positively to companies like ourselves who offer products that help reduce greenhouse-gas emissions whilst still ensuring they can still enjoy the comfort levels associated with modern living.’

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