Analog Devices rated among top 50 greenest US companies

USA: Analog Devices Inc. announced that Newsweek magazine has ranked the company as among the greenest companies in the United States.

Analog Devices placed 50th in the 2014 Newsweek US Green rankings, moving up from 92nd place in 2012, the last year the rankings were issued.

The Green Rankings, which were introduced in 2009, assess the environmental performance of the world's biggest companies and are based on publicly-disclosed data that incorporates eight environmentally-focused performance indicators, including factors such as energy use, water conservation, waste and green-house gas productivity, environmental strategy, policy, management, and reputation.

According to Newsweek, 500 companies were evaluated against their industry peers and the determination was overseen by a panel of experts that included leading sustainability practitioners. Among the companies evaluated, those working in the technology hardware industry were found to have the highest average overall green score.