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Page 1: Portfolio Triodos Sustainable Pioneer Fund · 1 Portfolio Triodos Sustainable Pioneer Fund Through Triodos Sustainable Pioneer Fund, you can invest worldwide in small and medium-sized

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Portfolio Triodos Sustainable Pioneer Fund Through Triodos Sustainable Pioneer Fund, you can invest worldwide in small and medium-sized listed companies engaged in innovative and ground-breaking activities in the field of sustainability. It's an opportunity to contribute directly to the development of businesses that are working on much needed sustainable solutions for the future. Triodos Sustainable Pioneer Fund focuses on companies in the fields of sustainable energy (climate protection), environmental technology (clean earth), medical technology (healthy people), as well as companies that are pioneers in Corporate Social Responsibility (CSR) within their respective sectors. Triodos Bank’s research team is responsible for the sustainability research, which it uses to define our investment universe, based on social and environmental criteria. Delta Lloyd Asset Management, which handles the financial side of the fund’s management, then selects the investment mix from this investment universe. The information in this document has been included in good faith, is intended for general informational purposes only and can be amended from time to time. It should not be relied on for any specific purposes and no rights can be derived from it. Below are the listed companies that Triodos Sustainable Pioneer Fund currently invests in, as per ultimo March 2017.

1. Acuity Brands Pioneer – Climate Protection, United States Acuity Brands’ core business is light, for industrial, infrastructure and residential use. The company’s products include everything from standard lamps and controls to integrated lighting systems, but also prismatic skylights to bring the daylight inside and services for lighting optimization. Acuity focuses on the creation of an ‘ecosystem’ of products by integrating indoor and outdoor lighting, day lighting and digital controls. Its energy efficient lighting products and intelligent control software help to minimise energy consumption. The company aims to avoid adverse impact of its business on the environment and the communities in which it operates and has implemented a due diligence framework for responsible sourcing of minerals that is consistent with OECD guidelines. Acuity reduced electricity consumption of its operations by 36 percent since 2006 and received LEED energy-efficiency certification for its facilities in Ohio and New York.

2. Align Technology Pioneer - Healthy People, United States The main product of Align Technology is the Invisalign system that is used for straightening teeth with a series of custommade, invisible aligners for each patient. In addition, the company offers intra-oral scanners and digital services to make an accurate 3D digital image of the patient’s dentition that can be used for the milling of crowns and implants. The technology of the company helps people recover their self-confidence and brings out millions of smiles. Align Technology has a sound policy and programme to ensure that the minerals used in its products are not sourced from conflict areas. With its products, the company contributes to Healthy people.

3. Badger Meter Pioneer - Clean Planet, United States Many people know Badger Meter for the water meter in their home that measures their water use so the utility can send a bill. The company manufactures meters and valves to measure the flow of water, but also of air, steam, oil and other liquids and gases through a pipe. The products are used in different kinds of processes, from water dispersion in kitchen appliances like dish washers and coffee makers, to industrial use in the beverage industry, where precision valves control the syrup, water and carbon dioxide in soft-drink blending systems. Badger Meter’s products enable both residential and commercial customers to track and control their use of resources, encouraging efficient use and conservation and preventing waste.

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4. Becton, Dickinson and Company

Pioneer - Healthy People, United States Becton, Dickinson and Company (BD) produces a broad range of medical supplies, laboratory equipment and diagnostic products. The company recognizes that the healthcare system in developed countries is focused reactively on fixing health problems instead of working proactively to prevent them and aims to help shift the dynamic toward wellness. BD commits to the access to health care and works with agencies and nonprofit organisations to build and strengthen healthcare infrastructures, to improve clinical practice and to support local communities. The company exceeded its environmental targets with almost 50% hazardous waste reduction and powering more than 30% of worldwide operations with renewable energy.

5. Beijing Enterprises Water Group Pioneer– Clean Planet, Hong Kong Beijing Enterprises Water Group owns and operates over 90 water supply plants and water sewage treatment plants in Beijing and other regions, mainly in the eastern part of China. It has actual water treatment capacity over 10 million tons per day. With almost 90% of revenues from water and sewage/ waste-water treatment operations, the company contributes to the availability of clean drinking water and the cleaning of waste water which are important to the health of people and a clean environment.

6. Cerus Pioneer - Healthy People, United States Cerus Corporation’s primary product is the INTERCEPT Blood System, which is designed to reduce the risk of transfusion-transmitted infections in donated blood. The blood system enhances blood safety as it inactivates established transfusion threats such as HIV, as well as emerging pathogens such as Ebola or the Zika virus. This allows to directly avoid the transmittal of diseases, instead of the common procedure of screening blood donations for pathogens in case of suspicions. Whilst the blood system is currently available for both plasma and platelets, it is expected to be expanded to red blood cells as well.

7. China Everbright International Pioneer - Clean Planet, China China Everbright provides environmental services in China, including waste-to-energy, waste water treatment, biomass utilisation and hazardous waste treatment. It also produces renewable energy based on waste-to-energy, biomass power generation, methane-to-energy, solar energy and wind power. The company pioneers in the development of urban-rural projects, combining household waste-to-energy and agricultural biomass utilisation, which solves the air pollution caused by the burning of straw. The Everbright Environmental Protection Technology Institute conducts research and develops environmental technologies, both in-house and in cooperation with national and international research institutes. All operating plants received internationally environmental ISO 14001 certification.

8. Cree Pioneer - Climate Protection, United States The expertise of Cree is light-emitting diodes (LEDs) and lighting technology. LED’s are energy-efficient and environmentally friendly. They can deliver the same amount of light using as little as 10 to 15% of the power as conventional lights, while their lifetime is up to 25 times longer. This enables consumers to save hundreds of dollars over the life of each light. Cree’s products are used for indoor and outdoor lighting, video displays, transportation, electronic signs and signals. Cree also manufactures semiconductors used in power conversion and wireless communications, offering increased efficiency and reduced size for network-server power supplies, solar inverters and industrial motor drives.

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9. DS Smith Pioneer - CSR Pioneer, United Kingdom DS Smith’s core business is the manufacturing of corrugated packaging that is largely made of recycled material. The company is leading in the shift in mind-set from linear to circular, from supply chain to supply cycle. It sources used paper and old corrugated cases from retailers and traders and uses the fibre to make recycled paper, which in its turn is used to make corrugated board. It offers a full recycling service, including materials such as glass and metals, with a focus on recycling, to help its customers achieve zero waste. The company also produces specialist plastic packaging, like plastic bags, taps and fitments for use in bag-in-box packaging for liquids. In its PackRight Centres, customers co-create and design the right packaging solutions for their products, supported by DS Smith tools, services and skilled individuals.

10. Edwards Lifesciences Pioneer - Healthy People, United States Edwards Lifesciences manufactures heart valves and repair products used to replace or repair a patient’s diseased or defective heart valve. The company's hemodynamic monitoring systems are used to measure a patient’s heart function in surgical and intensive care settings. Edwards’ sustainability programme is active on five fronts: innovation, integrity, workforce, community and incorporating sustainability into corporate goals. To ensure that these five aspirations are met, Edwards Lifesciences has established a Sustainability Council that identifies its major stakeholder groups, as well as specific action plans to tackle the issues at hand. The Every Heartbeat Matters programme aims to, by 2020, support the education, screening and treatment of one million underserved people that suffer from heart valve diseases.

11. Evoqua Water Technologies Pioneer – Clean Planet, United States of America Evoqua Water Technologies helps municipalities and industrial customers to protect and improve their water resources. The company offers wastewater treatment, water management and supply of drinking water and high-purity water for specific applications. It contributes to the sustainability goals of its customers by operating energy-efficient plants or plants that run on 100% renewable energy. Evoqua operates a centralized facility that processes metal-bearing aqueous materials from its customers, with the aim to recover and reclaim these metals.

12. First Solar Pioneer - Climate Protection, United States First Solar is notable for its integration of all steps in the entire solar value chain. The company manufactures solar power modules and mounting systems, but also develops, finances, engineers, constructs and operates large PV power plants. Its integrated approach reduces risk and costs and increases reliability for the owner. First Solar also develops off-grid systems for underserved energy markets, bringing power to some of the 1.3 billion people without access to a modern energy grid. The company has integrated environmental responsibility into every aspect of the product life cycle, from raw material sourcing through to end-of-life collection and recycling. Furthermore, careful site selection, focused on low value land, community involvement, impact mitigation and biodiversity protection, are part of its power plant development.

13. Fresenius Medical Care Pioneer - Healthy people, Germany Fresenius Medical Care (FMC) provides products and services for people with chronic kidney failure, covering the entire dialysis value chain from manufacturing dialysis equipment to running dialysis clinics. It is committed to improve the quality of life of kidney patients and supports home therapy programs that allow patients to undergo dialysis treatment in their own homes and gain greater control over their lives. To that end, FMC aims to make the dialysis systems smaller and easier to transport, while also significantly reducing the amount of water required. As a result, they can be used almost anywhere and contribute to home dialysis patients' independence and mobility.

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14. Gerresheimer Pioneer - Healthy People, Germany Gerresheimer supplies laboratory glass and plastic medicine packaging to the pharmaceutical and life sciences industries. Its modern production facilities are designed to achieve maximum productivity with the minimum use of raw materials and energy. Through careful planning and logistics, it avoids unnecessary consumption of materials and transportation. The company aims to reduce the ratio of CO2 emissions to revenues and has achieved this target over several consecutive years. Through its products, the company contributes to healthier people.

15. Hain Celestial Pioneer - Healthy People, United States Hain Celestial manufactures and sells organic and natural, ‘better-for-you’ food and personal products. It aims to create and inspire A Healthier Way of Life. The company supports sustainable and responsible agriculture by working directly with the farmers who grow its key ingredients, and more specifically supports organic farming, as this considers the long-term sustainability of agriculture. Hain Celestial sources major ingredients like corn, wheat, oils, fruits and vegetables organically. Furthermore, the company works with Fair Trade USA to empower coconut, cocoa, and tea farmers. It endorses the mandatory labeling of food products containing GMOs in support of consumers’ right to choose. The company also promotes vegetarian, vegan, rich-of fiber, and gluten-free products. Hain Celestial is continuously monitoring and improving its environmental footprint. Most of its products are GMO-free and the company advocates GMO-free and organic food.

16. Hannon Armstrong Sustainable Infrastructure Capital Pioneer - Climate Protection, United States Hannon Armstrong finances sustainable infrastructure projects that increase energy efficiency, provide cleaner energy, positively impact the environment, or make more efficient use of natural resources. The projects primarily aim to improve energy efficiency by reducing buildings’ or facilities’ energy usage or cost and to increase the use of renewable energy from sources like solar, wind, geothermal and biomass. Other sustainable infrastructure projects focus on water or communications infrastructure. The company defines sustainability as positively impacting the environment while being neutral in or reducing greenhouse gas (GHG) emissions. In addition to GHG emissions, projects are screened for other environmental benefits, such as water use reduction.

17. Hydrogenics Pioneer – Climate protection, Canada The products of Hydrogenics are used for the generation and the combustion of hydrogen that is extracted from water using electrolysis. The hydrogen can, when needed, be turned back into electricity by fuel cells, generating almost the same amount of energy that was put in the production of hydrogen. This makes fuel cells very efficient and the technology can therefore be used to store overcapacity from renewable sources, allowing renewable energy to supply 100% of the power for an off-grid community. The technology is also used in buses and trucks that only emit water vapor while driving.

18. Insulet Corp. Pioneer - Healthy People, United States Insulet produces an insulin-infusion system for people with insulin-dependent diabetes. The company's OmniPod System combines an insulin pump in the form of a patch with a handheld device providing continuous information about glucose levels in the patient's blood. The insulin pump delivers a constant stream of rapid-acting insulin to the body for three days in a row and offers better control than injections, with less risk of highs and lows. It improves the lifestyle of the patient, as the pump is discreet and allows making immediate adjustments to the insulin intake and provides more flexibility with regards to food intake. Insulet launched the industry’s first program for the eco-friendly disposal of insulin pump components. This program reduces landfill and takes hazardous waste right out of the waste stream.

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19. Ion Beam Applications Pioneer – Healthy People, Belgium The main products of Ion Beam Applications (IBA) are Proton therapy for precision treatment of cancer and monitoring equipment to control the radiation. In its corporate social responsibility, the company focuses on health and safety of employees, contractors and others. Its employee health program aims to increase awareness of employees about healthy living and includes running, volleyball, zumba, hockey and golf activities. Green Cell is a group of 50 IBA employee volunteers, working to develop initiatives in the fields of energy, waste management, mobility and environmental protection. The main goal of the Green Cell is to involve the whole IBA community in a joint effort to reduce the Company’s environmental footprint over the next three years.

20. Itron Pioneer - Clean Planet, United States Itron is dedicated to the resourceful use of energy and water. With its products, utilities and cities can accurately measure electricity, gas and water use of their customers, and analyse energy and water usage patterns. Itron works with utility providers to improve energy and water resourcefulness and reduce their waste. The Itron Resourcefulness Index serves as a benchmark for country-level management of energy and water, measuring how 16 developed countries perform on effectiveness, efficiency and sustainability. All the company's major manufacturing facilities are certified according to the internationally recognised environmental standard ISO 14001.

21. Johnson Matthey Pioneer - Clean Planet, United Kingdom Johnson Matthey makes specialty chemicals products, many of which have a positive impact on the environment and on resource efficiency. Its emission control catalysts are fitted to about a third of all cars produced around the world and have already prevented millions of tons of pollutants from reaching the atmosphere. The company also manufactures catalysts for industrial processes, making them more efficient and reducing their energy use. To better understand the sustainability impact of its supply chain, Johnson Matthey uses carbon footprint and life cycle assessments. Furthermore, it considers alternative end of life opportunities for specific products, to accommodate a ‘cradle to cradle’ approach.

22. Kadant Pioneer - Clean Planet, United States Kadant covers a wide range of activities in paper recycling, including paper recycling itself and supply of paper recycling devices, software and water management techniques. The company's main products are stock-preparation equipment, including pulping and trash removal systems. However, Kadant also produces fibre-based composite building materials from paper-making by-products, including reclaimed plastic and other materials. In addition, the company designs, builds and operates pulp and paper mills with a closed-loop water and solids operating system, which considerably reduces the amount of water necessary to operate paper mills. Through its products and services, the company contributes to a cleaner planet.

23. Kingspan Group Pioneer – CSR Pioneer, Ireland Kingspan supplies sustainable building products to the construction industry. The company offers a broad range of products that lower the environmental impact of buildings, including a variety of insulation products for roofs, walls, floors, ductwork and pipes, but also wastewater and renewable energy systems. Through its product offerings the company wants to help its customers and itself to become Net-Zero Energy (NZE) businesses and aims to have all facilities running on renewable power by 2020. Kingspan’s insulated envelope systems can save up to 40% of a buildings energy consumption. In order to ensure the sustainability of its products over the lifecycle, the company integrates product lifecycle assessments (LCAs) in the design, manufacture, installation, use and disposal of its products and services.

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24. Landis+Gyr Pioneer – Clean Planet, Switzerland Landis+Gyr is specialised in metering solutions for electricity, gas, heat/cold and water. With its energy meters and integrated smart metering solutions the company enables utilities and end-users to make better use of scarce resources, save operating costs and protect the environment by managing energy better – and to build the smart grid. Landis+Gyr software, platforms and other products help utilities meet their customer’s needs to manage their energy usage better. With advanced metering infrastructure and distribution intelligence, utilities receive information from every touchpoint on the distribution system and see what is happening on the grid. This provides them with the tools to take action, as needed, to ensure the reliable and efficient delivery of energy in an increasingly dynamic environment.

25. Maxwell Technologies Pioneer – Climate Protection, United States The primary products of Maxwell Technologies are ultracapacitors that can charge and discharge very rapidly and that are complementary to primary energy sources. Both conventional and renewable primary energy sources work well as a continuous source of low power, cut cannot efficiently handle peak power demands or recapture energy. Ultracapacitors deliver quick bursts of energy during peak power demands, then quickly store energy and capture excess power that is otherwise lost. They are, for instance, used to harvest power from regenerative braking systems and release power to help a hybrid or electric vehicle accelerate. Maxwell’s high-voltage capacitors are used to ensure the safety and reliability of electric utility infrastructure. With its products, the company facilitates the use of renewable energy and contributes to climate protection.

26. MDXHealth Pioneer - Healthy People, Belgium MDxHealth develops diagnostic tests for cancer that are based on the identification of DNA biomarkers - genes that have changed in the presence of cancer. The tests help improve cancer diagnostics, prognosis and (personalised) treatment. MDxHealth makes it a priority to ensure the health and safety of its employees, and to minimise its impact on the environment. With its products, the company contributes to healthy people.

27. Ormat Technologies Pioneer – Climate protection, United States Power plants that generate electricity with renewable energy are central to the activities of Ormat. The company covers all facets of the geothermal value chain as it designs, develops, builds, owns and operates power plants that use heat from the earth for the generation of electricity. In its recovered energy generation power plants, Ormat captures unused waste heat from industrial processes and converts it into electricity. In addition, the company develops large solar power plants, and manufactures power plant components that meet the specific requirements of every site and power resource.

28. Owens Corning Pioneer - CSR Pioneer, United States Owens Corning’s main products are insulation, roofing and composite materials made using glass fiber technology. Insulation and roofing materials help house and building owners to reduce energy use. Glass fiber composite materials enable industrial customers to make their products stronger, lighter and longer lasting. Owens Corning is the largest buyer of recycled glass in the world: its insulation materials have a recycled content of 50% to 70%. The company also buys backs roofing shingles from its customers and recycles them into road pavement materials, while reusing the glass fiber materials into its own manufacturing process. In 2016 Owens Corning began purchasing 250 MW wind power generated electricity. The company also has a strategy to become zero waste-to-landfill.

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29. Oxford Immunotec Pioneer - Healthy People, United Kingdom Oxford Immunotec develops diagnostic tests for the diagnosis and monitoring of diseases related to immunology, like chronic infections and inflammatory disease. The tests are based on the T-SPOT technology that allows measurement of specific immune cells, known as T cells. The company’s T-SPOT.TB test is used to identify latent tuberculosis infection and can replace the 100-year old Tuberculin Skin Test. In 2016, Oxford Immunotec became one of the 1000 Companies to Inspire Britain.

30. Power Integrations Pioneer – Climate Protection, United States Power Integrations manufactures electronic components that are used in PCs, cell phones, cable boxes, and other consumer and industrial electronics. The company has a strong focus on energy-efficiency. Its EcoSmart technology reduces the energy use of electronic products in standby mode by as much as 97%. The ‘Zero’ series enables manufacturers even to achieve zero standby power waste in their products. Its ‘Green Room’ website is a guide to worldwide energy-efficiency standards and helps manufacturers design more efficient power supplies. Power Integrations also supports academic research in the field of energy efficiency. Power Integrations is a member of the Conflict-Free Sourcing Initiative and committed to ensure that all of its products containing tantalum, tin, tungsten and gold are conflict-free.

31. Red Hat Pioneer - CSR Pioneer, United States Red Hat provides open-source software services, using the collective input and knowledge of a global community of contributors who collaborate to develop and enhance software. The company is the largest contributor to the market for Linux, the computer operating system that is the open source alternative to the proprietary software model that is dominated by Microsoft's Windows. Open source software can be developed quicker and at lower costs, while users can participate in the development of programs, give and receive comments and modify them accordingly. This model provides an interesting social ‘added value’ in co-creation and shared interests.

32. ResMed Pioneer - Healthy People, United States ResMed specialises in medical products for the treatment of disorders that cause abnormal breathing patterns, including sleep disordered breathing. The company’s products aid in fighting excessive daytime sleepiness, reduced cognitive function including memory loss and lack of concentration, depression and irritability. They allow patients to treat and manage their breathing disorders from home, thus providing flexibility and reducing healthcare costs. ResMed operates in the Healthcare Equipment industry, where disclosure about sustainability issues is rather rare. In contrast to many of its peers, the company publishes an ESG report, which covers all three themes.

33. Siemens Gamesa Renewable Energy Pioneer – Climate Protection, Spain Siemens Gamesa Renewable Energy was formed in April 2017 through the merger of Gamesa Corporación Tecnológica and Siemens Wind Power. The company makes wind turbines and their components, and operates wind farms worldwide. The company also makes inverters for large-scale solar farms and turbines for hydroelectric power plants. With its renewable energy products, the company contributes to the transition into a low-carbon economy and helps reduce the uncertainty of future energy supply. The company has implemented a Life Cycle Assessment (LCA) process to evaluate the environmental burden associated with a product, process or activity, factoring in the entire life cycle from creation until dismantling. The LCA process is used to further refine turbine eco-design that minimizes the turbines environmental impact and has been externally certified under eco-design seals.

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34. SMA Solar Technology Pioneer - Climate Protection, Germany SMA Solar Technology produces inverters and monitoring systems for solar power systems. SMA integrates photovoltaics in its company buildings, but solar trees are also found on the company grounds. Some of these serve as charging stations for electric vehicles. The company’s "Solar Factory 1" is CO2-neutral on account of reduction in energy demand and the use of renewable energy. SMA aids people around the world that still live without electricity with gaining access to a sustainable and inexpensive power supply. The company stimulates its employee to use environmentally friendly ways of commuting to work. It supports its employees in finding a healthy work-life balance, for example by supporting return to working life or organising vacation day-care for kids. SMA also offers its employees flexible working time models and gives them the freedom to structure their work individually.

35. SolarEdge Pioneer - Climate Protection, Israel SolarEdge develops and sells power optimizers that maximize energy throughput from solar power modules. It also offers inverters and a related cloud-based monitoring platform that collects and processes information from the power optimizers and inverters of a solar system to enable customers to monitor and manage their systems. The company aims for continuous improvement in the reduction of the environmental impact of its products and activities. With sound objectives and targets, the company works to limit its waste, promotes recycling and initiates energy saving activities.

36. Sprouts Farmers Markets CSR Pioneer - Consumer Discretionary, US The mission of Sprouts Farmers Markets is providing better, healthier food for an affordable price. The specialty food retailer focuses on quality natural, organic, fresh, local foods in addition to higher-margin vitamin, supplement, bulk, and private-label items. The company offers a large selection of fresh produce, especially fruits and vegetables. Meat is without hormones and additives, and with improved animal welfare standards. Sprouts wants to educate its customers on how to eat diverse and healthy. It also offers a wide range of dairy-free or gluten-free products, vegan products, and products suitable for other food-allergies. In addition, the company is improving the environmental performance of its stores, for example by energy saving light systems and water-saving equipment. Sprouts offers a large range of ‘bulk’ products to save waste and packaging.

37. Straumann Pioneer - Healthy People, Switzerland Straumann specialises in restorative dentistry, making dental implants and oral tissue regeneration products. It works together with clinics, research institutes and universities to develop dental implants, instruments and related products for tooth replacement and restoration or to prevent tooth loss. The company is driven by research and innovation and has a strong focus on quality management: all of its manufacturing and R&D sites received external quality certification. Five out of six manufacturing sites also received external environmental certification. Through its Access to Implant Dentistry initiative, Straumann donates products for patients who need implant treatment but are unable to afford it.

38. SunPower Corp. Pioneer – Climate protection, USA SunPower believes in the sun as the most abundant energy source and is committed to unlocking its vast energy and changing the way the world is powered. The company designs, manufactures, and delivers solar electric systems for residential, commercial, and utility-scale customers. SunPower works to maximize the environmental benefit at each step of the product’s lifecycle, including eco-friendly land management practices for ground solar installations, and conserving and reducing water used in manufacturing. The company is part of the Circular Economy 100 and its E-series and X-series solar panels are Cradle-to-Cradle Certified.

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39. Teladoc Pioneer - Healthy People, United States Teladoc is a telehealth platform that connects patients with physicians 24 hours a day, 7 days a week, via mobile devices, the internet, video and telephone. Patients gain access to the platform through their employers, health plans or health systems. The platform improves the accessibility of healthcare by being available whenever and wherever the patient chooses. It also reduces costs of healthcare, as an estimated 1/3 of ambulatory care visits can be treated through telehealth, and helps solve physician shortages in the US through improved efficiency.

40. Tenneco Pioneer - Climate Protection, United States Tenneco makes emission control and ride control products for cars and trucks. Its emission control products include particulate filter systems, catalytic converters and waste heat recovery generators for cars that contribute to cleaner air. They help car manufacturers to meet increasingly stringent emissions and noise regulations and the need for better fuel efficiency. The ride control products contribute to smoother and safer transportation. Tenneco has a sound environmental management system with a strong focus on energy and water conservation, reduction of waste and optimal recycling of materials. The company is also working on supply chain due diligence to assess the possible use of conflict minerals.

41. Tesla Motors Pioneer – CSR Pioneer, United States Tesla Motors produces full-electric vehicles and electric vehicle power train components. Its first commercially manufactured full electric vehicle, the Roadster sports car, came into production in 2008 and in 2012 the Model S sedan became available. Without a historic brand name or years of experience in the industry, Tesla has managed to quickly establish a name in electric mobility. And by rolling out a network of fast charger stations, and its plans for a large scale battery factory, the company really pushes electric driving, even moving into smart grid and integrated power solutions. With its exclusive focus on electric vehicles, electric drive and battery technology, the company is considered a pioneer in low impact mobility and energy efficient innovations in the automobile industry.

42. Universal Display Pioneer – Climate Protection, United States Universal Display is specialised in organic light emitting diode (OLED) technology. OLEDs are thin, lightweight and energy efficient devices that emit light and that are suitable for use in full-colour displays and as lighting products. The company is developing the FOLED® flexible technology for displays with improved ruggedness, thinness and light weight. This technology will in future enable products like foldable, electronic, daily-refreshable newspapers and ultra-lightweight and thin, wall-size television monitors. The OLED technology is considered to contribute to climate protection.

43. Veeco Instruments Pioneer – Climate Protection, United States Veeco Instruments manufactures equipment to produce light emitting diodes (LEDs), solar panels, hard-disk drives and other devices. It sells its products primarily to manufacturers of high brightness LEDs and solar panels, as well as to research customers. It also offers equipment for data storage systems production. Veeco has policies in place to make sure that its operations protect human health and the environment. It is also taking supply chain measures to make sure that no conflict minerals are used in its products. It therefore sources in adherence with the so called 'conflict free smelter program'. Veeco’s products contribute to energy efficient lighting and renewable energy technology.

44. Vestas Pioneer - Climate Protection, Denmark Vestas Wind Systems is among the largest producers of wind power systems. The company has installed wind turbines in all worldwide markets and regions that have wind energy potential. Through its products, Vestas contributes to meeting the challenges related to climate protection. The company's reporting on environmental performance is comprehensive. Furthermore, 98% of its operations have certifications for environmental protection (ISO 14001), quality guarantee (ISO 9001) and health & safety measures (OHSAS 180001). Vestas has a strong supply chain policy that includes social and environmental standards.

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45. Waste Management Pioneer - Clean Planet, United States Waste management provides waste services to over 21 million customers throughout the United States and Canada. These services go beyond traditional waste management, such as collection and transfer, and include recycling and landfill gas projects. The company also provides consulting services to other businesses to help them reduce and recycle waste as well as produce green energy. Waste management works with partners to develop new ways to convert waste into value, for instance by diverting organic waste from landfill to composting facilities, which is not common in the US. Furthermore, the company collects commercial food waste from food processing plants, grocery stores and restaurants, and turns this into a food stock for biogas.

46. Wessanen Pioneer - Healthy People, the Netherlands Wessanen aspires to be a European champion in healthy and sustainable food. It links healthiness to the sustainability of food and believes that what is good for us is also good for the planet and vice versa. The company offers organic, vegetarian and natural ingredients that it considers vital in creating healthy and sustainable food choices. It also offers ethically sourced and specific dietary food, like fair trade and ‘free-from’. Wessanen’s sustainability strategy is based on three pillars: healthier food, healthier people, healthier planet. Responsible sourcing is part of the healthier planet pillar.

47. Wright Medical Group Pioneer - Healthy People, United States Wright's orthopaedic products are used in surgery of the extremities: shoulder, elbow, wrist, hand, foot and ankle. The company aims to improve the quality of life of patients. Its core values are Think customer, Embrace change, Alignment, eMpowerment and Sustainability. Being a responsible member of the community, Wright cares for its facilities and the surrounding environment. Its Health-Safety-Environment Dept (HSE) works with employees to provide a work environment that is free from recognized hazards, using employee suggestions and training programmes. Wright’s Investigator Initiated Research Program is open to all researchers globally who are interested in conducting their own research, to which the company may provide support in the form of medical devices, instruments or funding.

48. Xylem Pioneer - Clean Planet, United States Xylem specialises in water technology that covers every stage of the water cycle from collection, distribution and use to the return of water to the environment. Its products enable customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. Through its products and services, Xylem contributes to a clean planet.