Rona Fried, Editor, Progressive Investor

The 2009 SB20:  World’s Top Sustainable Stocks

Leading Green Portfolio Analysts Serve as Judges: Calvert, Winslow, CleanTech Index, Triodos

New York, June 24, 2009 - today announced its 2009 Sustainable Business 20 (SB20) List: The World's Top Sustainable Stocks.

The 8th Annual SB20 List consists of 20 public companies that are leading the way to a sustainable economy. The list is presented in the Progressive Investor newsletter, published by, which tracks and analyzes green stocks.

To choose the 20 companies, works with a group of judges, who are among the most respected green stock analysts in the world.

"Our goal is to create a list that showcases public companies that, even over the past most difficult year, have made substantial progress in either greening their internal operations or growing a business based on an important green technology," says Rona Fried, Ph.D., CEO and Editor of Progressive Investor.

Read the selection criteria and background on the SB Judges.

What differentiates the SB20 List from the many others? You'll find small companies as well as the usual large ones - and from most regions of the world, not just the USA. The selections are made from the deep knowledge and experience of our judges, not numerical formulas.

Judges select companies across the range of green business sectors – solar, wind, geothermal, smart grid, water, food, agriculture, green building and transport.

In addition, over a third of the companies populating this year’s SB20 List are "Corporate Pioneers" - companies with conventional products and services that are greening their product lines.

Every company on the 2009 SB20 List has continued to grow their business during the recession, dominating their particular industry niche. Corporate pioneers have continued innovating on the green side despite the recession, an aspect which is increasingly viewed as a sign of management excellence and stronger financial performance. 

**Learn more by reading Snapshots of all the SB20 Companies (will be on the site this week).

The 2009 SB20 List

Company NameTickerSectorCountry
First Solar NASDAQ: FSLR Solar USA
Vestas Wind Systems VWS.CO; VWDRY.PK Wind Denmark
Gamesa Corporacion TechnologicaGAM.MC; GCTAF.PK Wind Spain
Ormat Technologies NYSE: ORA Geothermal USA
WaterFurnace Renewable EnergyWFI.TO; WFIFF.PK Geothermal Heat Pumps USA
Telvent Git, SA Nasdaq: TLVT Smart Grid Spain
Novozymes A/S NZYMB.CO; NVZMF.PK Industrial/Cellulosic Ethanol Denmark
Westport InnovationsWPT.TO; WPRT Transportation Canada
Pure Technologies PUR.V Water Canada
Naturex SA NRX.PA; NNTUXF.PK Food France
United Natural FoodsNasdaq: UNFI Food USA
Chipotle Mexican GrillNYSE:CMG Corporate Pioneer/ Food USA
Plant Health Care plcPHC.L; PLHCF.PK Agriculture UK
Bendigo and Adelaide BankBEN.AX Corporate Pioneer/ Finance Australia
Novo Nordisk NOVO B.CO; NYSE: NVO Corporate Pioneer/ Pharmaceuticals Denmark
GoogleNasdaq: GOOG Corporate Pioneer/ Technology USA
IBMNYSE:IBMCorporate Pioneer/ TechnologyUSA
Herman Miller Nasdaq: MLHR Corporate Pioneer/
Green Building
Koninklijke Philips ElectronicsNYSE:PHG; AEX: PHIACorporate Pioneer/
Green Building
Timberland NYSE: TBL Corporate Pioneer/ Apparel USA

**Learn more by reading Snapshots of all the SB20 Companies.


About Progressive Investor
Progressive Investor, is a monthly online newsletter that guides investors and analysts toward green investments. It covers all green business sectors including renewable energy, green building and healthy lifestyle.

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