Innovest Reports Environmentally Conscious Auto Parts Companies See Stock Improvement

Date: November 8, 2001

Source: News Room

Top environmental performers in Innovest Strategic Value Advisors¹ annual investment research report on the Global Auto Parts sector posted accumulated returns over 48.8% higher than environmental laggards over a 3-year period, and 6% higher returns over 1-year, Innovest has reported. Denso Corp. and Snap-On emerged as the top ranked companies in Innovest¹s annual survey, which assessed the performance of 18 of the world¹s leading automotive parts and supply companies in areas such as environmental management, resource usage, climate change, product life cycle analysis and sustainability-related profit opportunities in new markets. Federal Mogul and Genuine Parts were the lowest rated firms. More information:

Sign up to receive our free Weekly News Bulletin