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3BL News
SEPTEMBER 30, 2025

Which Industries Lead ESG in 2025? Sector Insights from the 100 Best Corporate Citizens Ranking


Capital Goods and Materials companies dominate the 2025 100 Best Corporate Citizens ranking. Discover which sectors and companies lead on ESG performance and transparency this year.

Which industries rose to the top in the 2025 100 Best Corporate Citizens ranking? Capital Goods and Materials companies dominated once again, making up 29 percent of the top 100 scorers. Standout performers include:

  • Ingersoll Rand (#2) and Owens Corning (#3) in Capital Goods
  • Graphic Packaging (#5) and Dow (#11) in Materials

These sectors’ strong presence in the top 100 demonstrates that companies with large environmental footprints are also leading on transparency, disclosure, and performance — proving that accountability is possible at scale.

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Leadership Perspectives
SEPTEMBER 29, 2025

In case you missed it: AI + Sustainability Reporting | Climate Week NYC

Dave Armon
Dave Armon Vice Chairman

You can’t spell Climate Week without AI. Otherwise, it would be Clmte Week.

All kidding aside, artificial intelligence figured into just about every panel, conference, keynote and forum in New York last week. During the workshop, “How AI is Disrupting Sustainability Reporting,”  I focused on the pitfalls of green hushing. Companies that have stopped talking about their sustainability and impact work stand out like a sore thumb when a record 99 percent of S&P 500 companies are now issuing sustainability reports.

Even mid-cap companies – those in the bottom half of the Russell 1000 Index – issued 2024 sustainability reports in record numbers, 89.7 percent, according to a September 2025 analysis by the Governance and Accountability Institute.

The bots that spider corporate web sites and reporting frameworks quickly locate and ingest reports and filings as soon as they go live. This process ensures that ESG ratings and rankings agencies, investors and other stakeholders have access to a company’s data from the most recent reporting period.   Beyond that annual data dump, what many companies are providing in terms of updates, stories and context is, in actuality, the sound of silence. An analysis of online mentions of hundreds of common terms used in sustainability and impact narratives dropped from 438,000 in 2024 to 396,000 in 2025. The declines in earned media across broadcast, print and online was also seen in corporate-issued updates, according to 3BL’s analysis. 

This green hushing is happening at the same time AI search is changing the way information is found online.  Brands that thought they figured out how to position themselves for Google search are at reputational risk now that AI is eliminating billions of clicks. Imagine reaching a difficult goal, perhaps the best in your industry, and not having it referenced during an AI search.   Without a steady flow of corporate information to the Large Language Models (LLMs) feeding generative search engines, companies risk posts from Reddit and LinkedIn being cited rather than a brand’s news, articles, videos and reports. When there is doubt about whether a company remains committed to sustainability, there is an erosion of trust, according to a survey conducted by 3BL, TriplePundit and Glow, “Say less, risk more: Sustainability silence is undermining trust.”

Silence is no longer neutral. It triggers skepticism with consumers.  If there is one thing I have learned in 15 years working with 3BL’s client base of 1,500 brands, visibility amplifies trust for companies that continue to communicate about their sustainability and impact work.

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3BL News
SEPTEMBER 25, 2025

79% of Companies Now Disclose Climate Risks — But Fewer Commit to Net-Zero, According to 100 Best Data


Climate Week NYC 2025 is underway, and corporate climate leadership is front and center. At 3BL, we know that the 100 Best Corporate Citizens list is more than recognition — it’s a data-driven snapshot of where companies stand on critical climate issues, and where they still have work to do.

Take corporate disclosure of climate change risks. Just four years ago, in 2021, only 25.7 percent of Russell 1000 companies disclosed quantifiable climate risks. Today, in 2025, that number has jumped to 79.1 percent. Meanwhile, companies offering only “general” disclosures have dropped from nearly 40 percent to just 15 percent. The message is clear: companies are moving from vague statements to concrete, measurable accountability.

But when we look at approved net-zero Science Based Targets (SBTis), the picture is more complicated. Progress peaked in 2023, when 18.2 percent of Russell 1000 companies had a net-zero SBTi commitment. By 2025, that figure has slipped back to 12.8 percent. While transparency is on the rise, the momentum behind ambitious, science-aligned targets is showing signs of stagnation.

These trends highlight both the achievements and the gaps in corporate climate action. Companies are more willing than ever to disclose their risks, but fewer are following through with rigorous, future-focused climate commitments. The 100 Best Corporate Citizens list reflects this reality, showcasing the companies leading the way while offering benchmarks for others to catch up.

As global leaders, activists, and businesses gather this week in New York, the data reminds us: leadership is not static. It evolves with expectations, accountability, and action. For companies, that means the bar is higher than ever — and the time to act is now.

If you’d like to dive deeper into the factor-level data behind the 100 Best and explore how your organization can use these insights in communications and stakeholder engagement, contact our sales team in the links below.

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(Source: ClimateGroup.org)
Industry Insights
SEPTEMBER 23, 2025

Climate Leaders Take the Stage: Top 10 Companies Driving Climate Action in 2025

This year, the 100 Best Corporate Citizens list once again shines a light on companies demonstrating leadership in environmental and social impact. In the Climate Change pillar, 10 companies stand out for their efforts to measure, reduce, and report greenhouse gas emissions while embedding sustainability into their business strategies.


As the world gathers for Climate Week NYC 2025 through Sept. 28. the conversation around bold corporate climate action has never been more urgent. Since its launch in 2009 by Climate Group, Climate Week has become one of the largest global platforms for businesses, governments, and civil society to showcase solutions, set commitments, and accelerate the transition to a net-zero future. It serves as a crucial reminder that companies are not only stakeholders in the climate crisis but also key drivers of the solutions.

This year, the 100 Best Corporate Citizens list once again shines a light on companies demonstrating leadership in environmental and social impact. In the Climate Change pillar, 10 companies stand out for their efforts to measure, reduce, and report greenhouse gas emissions while embedding sustainability into their business strategies.

The Top 10 Companies in the Climate Change Pillar (2025)

  1. Nasdaq, Inc. – Supporting transparency and accountability, Nasdaq is helping investors and companies align with sustainability goals.

  2. Illumina, Inc. – A biotech leader, Illumina is advancing climate-smart operations while driving innovation in genomics that can support sustainable healthcare.

  3. Kyndryl Holdings, Inc. – The IT services provider is building energy-efficient digital infrastructure and helping clients decarbonize.

  4. Biogen Inc. – Biogen continues its track record of strong climate targets, including commitments to renewable energy and science-based reductions.

  5. Molson Coors Beverage Company – From water stewardship to carbon reduction, Molson Coors is brewing sustainability into its business model.

  6. Emerson Electric Co. – Emerson is providing energy-efficient technologies that support the global shift to clean industry.

  7. Verizon Communications Inc. – With ambitious renewable energy procurement and electrification goals, Verizon is making telecom more climate-friendly.

  8. Ingersoll Rand Inc. – Leading in capital goods, Ingersoll Rand develops sustainable industrial technologies that lower emissions across supply chains.

  9. Jacobs Solutions, Inc. – Jacobs integrates climate resilience into infrastructure and urban planning projects worldwide.

  10. CVS Health Corporation – Beyond healthcare delivery, CVS is embedding sustainability across its operations and logistics to shrink its carbon footprint.

Why This Matters at Climate Week

Corporate action remains central to meeting global climate targets. These companies show that integrating climate strategies into business is not just reputational — it drives innovation, efficiency, and resilience. As Climate Week NYC convenes leaders under the theme of “It’s Time”, the message is clear: addressing climate change requires urgency, collaboration, and accountability across all sectors.

By spotlighting the 100 Best Corporate Citizens’ Climate Change leaders, we celebrate not just individual achievements but also the collective momentum that makes events like Climate Week powerful catalysts for global action.

Setting the Stage: What Is Climate Week & Why It Matters More Than Ever

Over the years, it’s grown from a few dozen sessions to a sprawling week-long convergence of business leaders, policymakers, nonprofits, innovators, and climate activists. In 2023, for example, Climate Week NYC featured over 580 events, drew 6,500 attendees from nearly 100 countries, and claimed a media reach of 6.9 billion.

Also worth noting: Climate Week sits at a strategic intersection. It overlaps with the UN General Assembly, which means many heads of state and influential global leaders are already in New York. This adds leverage: discussions aren’t just theoretical — they dovetail with diplomatic, financial, and policy levers.

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3BL News
SEPTEMBER 19, 2025

Key Insights from the 2025 100 Best Corporate Citizens Ranking


The 2025 100 Best Corporate Citizens ranking reveals major ESG trends, from tighter competition and performance-focused factors to Paris Agreement-aligned lobbying. Explore what this means for corporate responsibility.

Every year, the 100 Best Corporate Citizens ranking acts as a benchmark for ESG leadership. This year, the results point to three major shifts:

  1. ESG competition is intensifying. With scores up 2.5% year-over-year, companies are doing more to disclose and perform across 219 ESG factors. The tighter score gap between the top and bottom of the list proves that every company in the Russell 1000 is under pressure to step up.
  2. Performance matters more than ever. Following methodology updates in 2024, the 2025 ranking increased the weight of performance-based ESG factors, emphasizing what companies do over what they say.
  3. Political influence is under scrutiny. Since 2021, the ranking has incorporated InfluenceMap’s analysis of corporate lobbying. In 2025, VF Corp. was the only company to earn a “green flag” bonus for lobbying in alignment with the Paris Agreement.

Together, these shifts reflect a broader reality: transparency and accountability are now baseline expectations, not optional extras.

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Photo by István Szitás on Unsplash
Photo by István Szitás on Unsplash
Industry Insights
SEPTEMBER 15, 2025

Sustainable Companies Make More Money, But Does Anyone Trust Them?

This report reveals what today’s consumers expect — and why staying silent might cost you more than speaking up.


Even in a volatile market, the 100 Best Corporate Citizens still beat the S&P 500. But with trust in business declining in the United States, companies still have work to do in moving from disclosure to communication that reaches and resonates with the public.

New 3BL research creates an even stronger link between corporate sustainability leadership and financial success.  In 2024, 3BL conducted the first backtesting study of the 100 Best Corporate Citizens ranking which revealed cumulative returns 4.2% higher than the S&P 500 from January 2022 to September 2024.  We expanded the backtest in 2025 for a more comprehensive view of how sustainability performance and market value intersect. The 100 Best Corporate Citizens still beat the market, even in an otherwise volatile year: 

  • Annual return for companies recognized among the 100 Best Corporate Citizens was 2.2% higher than the S&P 500 from January 2022 to July 2025. 
  • Those that stayed the most consistent and placed on the ranking multiple times from 2020 to 2025 saw returns up to 14% higher than the S&P benchmark.   

Compelling as this evidence is, the broader conversation is nuanced. Even as scores for the 100 Best Corporate Citizens increase consistently year over year — an indication of continuous improvement in sustainability performance and disclosure among U.S. companies — public perception often reflects the opposite. 3BL’s latest report takes a closer look at this disconnect. 

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Photo by Riccardo Annandale on Unsplash
3BL News
SEPTEMBER 5, 2025

66% of Consumers Want Business to Stay the Course on Sustainability 

Download 3BL’s latest report, "Say Less, Risk More: Sustainability Silence Is Undermining Trust".


NORTHAMPTON, Mass., Sept 3, 2025

Sixty-six percent of U.S. consumers believe businesses should continue their sustainability efforts regardless of the political climate. Yet many corporate communicators feel pressure to pause or scale back their messaging, especially in the U.S., where political scrutiny is rising. In fact, media mentions of top companies tied to sustainability have already dropped more than 10% in the first four months of 2025 compared to last year. At first glance, pulling back might seem like the safer option. But here’s the reality: the risks of speaking out are often overstated, while the cost of staying silent is only increasing. Consider this: most sustainability-related media coverage remains neutral to positive, and the American public still expects companies to lead. 3BL’s latest research report, Say Less, Risk More: Sustainability Silence Is Undermining Trust, explores:

  • The new era of corporate greenhushing
  • The brewing crisis of trust
  • Key industry findings
  • Guidance for navigating your messaging, and more

Key insights from the report include:

  • When asked about the role of business in sustainability, only 8% of consumers said they expect companies to step back.
  • 80% say they prefer to shop with brands that support DEI.
  • Nearly 1 in 4 consumers now say they “rarely” or “almost never” believe corporate sustainability claims, up from 15% just 18 months ago. Many perceive companies as only supporting causes when it’s profitable or trendy.

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