2008 marks the seventh year for the SB20, which is presented in our sustainable investing newsletter, Progressive Investor. Each year, we work with a group of judges who are leading sustainability stock analysts to select the companies.
The purpose of the SB20 – the Sustainable Business 20 – is to showcase the most innovative, model companies that have the potential to greatly impact our ultimate goal of reaching a sustainable society.
The challenge we give our judges is to nominate, discuss and then vote on 20 companies that, through their products or initiatives, are contributing substantially to the advance of a sustainable economy.
To be on the list, companies must be strong on both the sustainable and financial sides. It is not a “buy” list, but because the companies are strong financially, their stock may well be worth be buying at some point based on stock market positioning.
About Accsys, they write:
Accsys Technologies Plc
England-based Accsys has developed a unique, important process that gives softwoods the same quality and durability prized in hardwoods – partly the cause for the destruction of the world’s forests. Replacing hardwoods with Accsys’s Accoya Wood enables windows, doors and many other construction materials and furnishings to be made from easily available, cheaper sources instead of from endangered, primary forests. The company’s decentralized business model is based on licensing the technology to local operators.
At some point I intend to write a detailed post on exactly what it is that we are doing. That’s pretty far down the ‘to do’ list, though.