Naturex, the Avignon, France-based supplier of herbal extracts, was recently selected by SustainableBusiness.com for inclusion on the publisher's Top 20 Sustainable Stocks list.
To be included in the list, a company must be a world-class example of sustainable business, with excellent environmental practices nurtured throughout the organization, have a history of healthy profitability, and be judged to be a good long-term investment opportunity.
SustainableBusiness.com's CEO, Rona Fried, PhD, said, "Naturex was selected for this year's SB20 List in the 'sustainable food' category because it produces products from plant extracts, replacing chemical ingredients. Besides being plant-based, its flavourings, colourings, antioxidants and preservatives are GMO-free and not tested on animals, providing a healthier and environmentally responsible alternative for the food industry. Such ingredients are found throughout the food industry; therefore Naturex has the potential to make an important contribution on a large scale."
Chris Kilham, medicine hunter for Naturex, said that Naturex's expertise in sustainability is a combination of the ethics of founder Jacques Dikansky, and the various areas of expertise of other key people in the company. "We have developed an ever-increasing understanding of sustainability over time," he said. "In the course of doing business, we have become more aware of issues including environmental protection, ethical-wage practices and benefit sharing.
"We aim to deal intelligently with the environment, wages, human resources and profitability in a manner that enables all parts of the chain of trade to flourish. Often it is difficult and challenging to implement new, more sustainable practices. But we are committed to doing so, and to being a truly responsible global citizen. "This is meaningful to us, not marketing hype," Kilham said.
Companies on the 2009 SB20 list are selected by a group of judges whom SustainableBusiness.com says are among the most respected green-stock analysts in the world.