Kering has been recognized as one of the “greenest” company's worldwide by Newsweek Magazine's Green Rankings, coming in fourth position in the overall Global 500 in Newsweek Green Rankings list and as top-ranked in consumer discretionary companies within the Global 500. Kering's inclusion in the 2014 Newsweek Green Rankings is based on the evaluation of the group's environmental performance for 2012, taking into account eight key performance indicators: energy, greenhouse gas, water, waste, company reputation, remuneration linked to sustainability, third party auditing, and the extent to which internal governance is geared towards sustainability. A company's overall score is a weighted average of its scores in these eight key performance indicators. The 2014 Newsweek Green Rankings is the result of the research process undertaken by Corporate Knights Capital, which is peer-reviewed by a panel of experts. It ranks the 500 largest publicly-traded companies in the U.S. (the U.S. 500) and the 500 largest publicly-traded companies globally (the Global 500) on overall environmental performance.