Siemens Tops Out On Green Revenue Clean200 List As China Leads The Way

February 21st, 2017 by Joshua S Hill

German manufacturing and electronics company Siemens has ranked first on the latest Clean200 list from As You Sow and Corporate Knights, a list of the largest publicly traded companies making significant revenue from clean energy.

However, the real winner out of this year’s Clean200 list is China, which had 71 companies listed in the top 200, while its nearest competitor was the United States, with only 41 companies.

The Clean200 report is intended to be the inverse of the Carbon Underground 200 report, which ranks the largest publicly listed companies based on their carbon intensity. The Clean200 ranks the largest publicly listed companies based on their total clean energy revenues — though the authors of the report do note that they include “a few additional screens to help ensure the companies are indeed building the infrastructure and services needed for what Lester Brown and many others have called ‘The Great Energy Transition’ in a just and equitable way.”

The top 10 are as follows:

Siemens AG-REG Toyota Motor Schneider Electric ABB LTD-REG Johnson Controls International PLC Panasonic Corp Vestas Wind SYST Bombardier INC-B SEE PLC Philips Lighting

Other notable entries include DONG Energy (13), Tesla Motors (19), Gamesa (20), and First Solar (21).

“The world came together in Paris to solve a global crisis; having 25 countries with large-cap companies building the clean energy future is truly inspiring,” said Andrew Behar, CEO of As You Sow and report co-author. “It shows that the rhetoric of divisiveness, of us versus them has no place in the clean energy future.”

“The clean energy ‘space-race’ is on and China is in pole position,” added Toby Heaps, CEO of Corporate Knights and report co-author. “Whether or not the US can climb out of second place will depend in no small measure on the new administration’s ability to make America green again.”

One of the most interesting takeaways from the report was the role the US election had in the financial performance of the Clean200. Since the first Clean200 report was launched in August, 2016, a comparison between the Clean200 and the S&P 1200 shows significant gyrations — none more so than as a result of the United States election. Specifically, as you can see below, prior to Trump’s win, the Clean200 was outperforming the S&P by a full percentage point. However, after Trump’s win, and through to January 31st, the S&P outperformed the Clean200 by 1.26%.

Financial Analysis (August 15, 2016 – January 31, 2017)











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