The company makes equipment for industries with significant environmental impacts, such as the construction and mining industries. In designing its products, Atlas Copco strives to reduce life-cycle impacts by improving the environmental profile and performance of each product. For example, Atlas Copco makes variable-speed drive compressors, which reduce energy use by operating only at the speed required to meet the demand, rather than continuously operating at full capacity.
Atlas Copco focuses on energy efficiency as a primary area of innovation and promotes the associated benefits to consumers and the environment. Recently, the company launched a new compressor with heat recovering technology that is certified for net-zero energy consumption. Portfolio 21 encourages Atlas Copco to establish reduction goals for all of its environmental key performance indicators.
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/13 and may not reflect current opinions or subsequent events.