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HP Named to Portfolio 21's Top 10 "Green" Performers in 2006

Flag As Inappropriateperpetualmotion perpetualmotion about 1 year ago about Hewlett Packard

“Smart corporate leaders and savvy investors agree that paying attention to ecological trends and how they affect the bottom line may be an intelligent investment strategy,” said Carsten Henningsen, co-founder of Portfolio 21. “Global warming could have an enormous impact on the world economy in the coming years; companies that are already addressing the risks and opportunities presented by climate change may have a big head start.”

Portfolio 21, a global mutual fund investing in companies with substantial environmental initiatives, announced its Top 10 financial performers for 2006. The fund in aggregate significantly outperformed the S&P over the past year (24% growth vs. 16% growth). More evidence that environmentally sustainable business practices are not only good for the environment, but they are good for the financial bottom line.

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