Snap-on Listed Among Top Environmental Performers

Snap-on Incorporated was identified as one of the top-ranked environmental performers in an Innovest annual investment research report that rated 18 of the world’s leading automotive parts and supply companies.

Snap-on, along with Japanese-based DENSO Corp., were the environmental leaders in their sector, according to the report by Innovest, an international investment research firm specializing in environmental finance and investment opportunities. The companies were assessed on performance in areas such as environmental management, resource usage, climate change, product life cycle analysis and sustainability-related profit opportunities in new markets.

In its analysis of the report, Innovest concluded that top environmental performers, like Snap-on, post higher returns than less environmentally conscious companies within its sector.