Launches Newsletter

Six Renewable Energy companies have been included on’s new list of the Top 20 All-Star Sustainable Stock Picks, known as the SB 20.

New York, New York – August 7, 2002 [] The list is presented in The Progressive Investor, a new monthly newsletter that tracks this emerging marketplace. AstroPower, Ballard Power Systems, FuelCell Energy, Kyocera, NEG Micon and Vestas are the companies with an RE focus on the list that also includes Green Mountain Coffee, Herman Miller, Whole Foods and Chiquita. Each issue of the newsletter compares and contrasts the views of world-class social/environmental investment analysts to help investors, advisors, and analysts compare notes and filter the hype associated with investing in sustainable business sectors such as fuel cells, Renewable Energy and organic foods. The SB 20 companies are the very top “green gems” – companies every environmentally conscious investor will want in their portfolio, according to “Some of the names on the SB 20 will surprise even the most savvy investor,” said Rona Fried, Ph.D., editor of The Progressive Investor. “Most would expect the names on this list to be small, relatively unknown companies, but that isn’t the case. Some are well-known global giants like Electrolux and others are up and comers that are turning heads, like Horizon Organic.” Conclusive research shows that companies that outperform on the environment, outperform financially. But too often, the “green” business sector remains a mystery to many of today’s investment information sources. Creating the SB 20 and The Progressive Investor to follow the companies and news on an on-going basis will showcase and reward companies that are well-positioned as investments. “This could be a once in a lifetime chance to invest in companies that are changing the world for the better,” said Carsten Henningsen, co-founder of Portfolio 21 mutual fund, the first U.S. fund that invests only in sustainable businesses. “But, as we’ve learned from the Internet bubble, it s tricky to say the least.” To build a portfolio that includes these stocks, Eric Becker of Trillium Asset Management emphasizes diversification. “Although many of these companies are very appealing socially and environmentally, they are volatile,” he said. The SB 20 List and their stock ticker symbol. AstroPower (APWR) Axfood (AXFO) Ballard Power Systems (BLDP) Chiquita (CQB) Electrolux (ELUX) FuelCell Energy (FCEL) Green Mountain Coffee (GMCR) Henkel (HNKG.BE ) Herman Miller (MLHR) Horizon Organic Dairy (HCOW) JM Inc. (JM.ST) Kyocera (KYO) NEG Micon (Neg.CO) SCA (SC.AB) STMicroelectronics (STM) Swiss Re (SWX: RUKN) Tomra Systems (TMRAY) United Natural (UNFI) Vestas (VWS.CO) Whole Foods (WFMI) Contributing analysts and advisors include: Carsten Henningsen, co-founder and principal, Portfolio 21 mutual fund; Channing Page, VP & Equity Research Analyst, Winslow Management; Eric Prouty, Principle & Sr. Energy Technology Analyst, Adam, Harkness & Hill; Patrick McVeigh, VP, Investment Research, Lowell, Blake and Associates; Eric Becker, VP & Portfolio Mgr., Trillium Asset Management; and others.


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