Top 5 Eco-Friendly Companies in 2024

In this article, we will look at the top 5 eco-friendly companies in 2024. If you want to read our detailed analysis, you can go directly to the Top 25 Eco-friendly Companies in 2024.

5. XPeng Inc. (NYSE:XPEV)

Purchasing Power Parity Revenue: $26.8 billion

Sustainable Revenue Ratio: 100%

Estimated Absolute Sustainable Revenue: $26.8 billion

XPeng Inc. (NYSE:XPEV) is involved in the design, manufacturing, and sale of smart electric vehicles in China. It offers electric SUVs and sedans and also provides supercharging, auto financing, maintenance, and technology support. XPeng Inc. (NYSE:XPEV) delivered 141,601 vehicles in 2023, up 17% from 2022. 100% of its revenue is generated from sustainable products and services.

4. Schneider Electric S.E. (OTC:SBGSY)

Purchasing Power Parity Revenue: $52.7 billion

Sustainable Revenue Ratio: 72%

Estimated Absolute Sustainable Revenue: $37.9 billion

Schneider Electric S.E. (OTC:SBGSY) is an energy management and industrial automation firm. It is involved in the production of inverters, solar panels, solar equipment, wind farm microgrids, power metering systems, and smart monitoring solutions, among others. The company aims to reach net zero carbon emissions across its entire value chain by 2050. In 2023, Schneider Electric S.E. (OTC:SBGSY) generated $37.9 billion in sustainable revenue.

3. HP Inc. (NYSE:HPQ)

Purchasing Power Parity Revenue: $62.9 billion

Sustainable Revenue Ratio: 77.8%

Estimated Absolute Sustainable Revenue: $48.9 billion

HP Inc. (NYSE:HPQ) offers personal computing, imaging products, digital access devices, and other related technologies and services. HP Inc. (NYSE:HPQ) reduced its Scope 1 and 2 emissions by 62% in 2023. It aims to reduce its emissions by 65% by 2025. and reach 75% circularity for products and packaging by 2030. Its sustainable revenue was $48.9 billion in 2023.

2. Tesla, Inc. (NASDAQ:TSLA)

Purchasing Power Parity Revenue: $81.5 billion

Sustainable Revenue Ratio: 100%

Estimated Absolute Sustainable Revenue: $81.5 billion

Tesla, Inc. (NASDAQ:TSLA) is a leader in the electric vehicles market. In 2023, 100% of its revenue was generated from sustainable products and services. The company delivered 1.81 million electric vehicles in 2023. Tesla, Inc. (NASDAQ:TSLA) is the 2nd most eco-friendly company on our list.

1. Apple Inc. (NASDAQ:AAPL)

Purchasing Power Parity Revenue: $394.3 billion

Sustainable Revenue Ratio: 69.7%

Estimated Absolute Sustainable Revenue: $274.9 billion

Apple Inc. (NASDAQ:AAPL) is ranked 1st on our list of the top eco-friendly companies in 2024. In 2023, it generated nearly 70% of its revenue from sustainable products and services. Its estimated absolute sustainable revenue reached $274.9 billion in 2023.

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