The Global Cleantech 100 list is unique in the sector because it highlights the promise of private clean technology companies from all around the world, focusing on those companies which the players in the market feel are currently the most likely to make the most significant market impact over the next 5-10 years.
The list is derived from Cleantech Group’s own data and research combined with the weighted qualitative judgments of hundreds of nominations and the viewpoints of a global panel of 75 cleantech experts. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.
“The Global Cleantech 100 is a natural extension of our companywide mission to help corporations, investors and financiers, professional service firms and governmental agencies connect with global cleantech innovation” said Sheeraz Haji, Cleantech Group CEO. “This report celebrates the best in innovation and is the industry standard on gauging where cleantech innovation is headed next.”
8,285 companies were nominated this year from 85 countries. These companies were weighted and scored to create a short list of 236 companies presented to the expert panel for final input. The end result was 100 companies from 13 countries.
The 75-member expert panel is drawn principally from leading financial investors in Asia, Europe and North America, and from representatives of multi-national corporations. The composition of the expert panel is created to be broadly representative of the global cleantech community, and includes pioneers, leaders, veterans, and new entrants in cleantech resulting in a list of companies that command a broad base of respect and support from many important players within the global cleantech innovation ecosystem, not just insiders.
“The 2012 Global Cleantech 100 is markedly different in its composition to that of 2009, our first edition,” said Richard Youngman, Cleantech Group Managing Director. “As such, it is a strong statement of how the collective market opinion has shifted as to what type of companies are the most likely to have significant market impact in a 5-10 year timeframe.”