ABB Ranks #8 on Fortune Magazine’s List of Companies “Changing the World”

ABB

 

Sept 10, 2018

Fortune Magazine has placed ABB in eighth position on its 2018 “Change the World” list, a global ranking of companies whose innovative work is making a significant, positive social impact around the world. The ranking recognizes ABB for its leadership in e-mobility and electric vehicle charging.

ABB has the largest number of high-speed EV chargers on the road today, with more than 7,000 fast-charging systems installed around the world. These chargers have collectively saved nearly two million gallons of fuel and 20,000 tons of CO2. Every time an EV driver fully charges an electric vehicle at an ABB charging station, they’ve prevented approximately 100 pounds of CO2 from impacting the environment.

Among other achievements, ABB’s breakthrough TOSA bus system — already in use in Europe — can flash charge a bus in just 20 seconds while passengers board and disembark. ABB has also partnered with Formula E, the international electric street racing series, to spur the future of electric vehicles. The ABB FIA Formula E Championship series, which will begin its fifth season in December, is an important driver of design and technology advances for EVs and charging infrastructure. Developments on the track today are poised to make their way rapidly into passenger vehicles.

• Fortune’s fourth annual “Change the World” list is developed by the magazine in partnership with FSG, a nonprofit social-impact consulting firm
• the Shared Value Initiative, a global platform for organizations seeking business solutions to social challenges
• Professor Michael E. Porter of Harvard Business School.

Companies selected for the list must deliver measurable social impact, socially beneficial business results and high levels of innovation.
Find out more about Fortune’s “Change the World” list: http://fortune.com/change-the-world/

Related Articles

Latest Articles

  • CSC LED Enters the Residential Lighting Market

    CSC LED Enters the Residential Lighting Market

    By CSC LED As the residential and multi-dwelling unit (MDU) market continues to evolve, lighting plays an increasingly important role in how people experience their homes. From safety and visibility to comfort, efficiency, and long-term reliability, the demands of residential lighting go far beyond aesthetics. With a strong foundation in commercial and industrial lighting, CSC Read More…

  • Ottawa Day 2026: EFC Members Engage with Parliamentarians on Canada’s Electricity Future

    Ottawa Day 2026: EFC Members Engage with Parliamentarians on Canada’s Electricity Future

    March 16, 2026 By Electro-Federation Canada Following EFC’s recent update on our 2026 Ottawa Day, we are pleased to share photo highlights from two days of engagement on Parliament Hill, where members met with federal decision-makers to discuss the future of Canada’s electricity system. More than 40 EFC member leaders and Government Relations representatives travelled Read More…

  • Industrial Construction Intentions Drive Increase in Non-Residential Sector in January

    Industrial Construction Intentions Drive Increase in Non-Residential Sector in January

    March 13, 2026 In January, the total value of building permits issued in Canada increased $607.0 million (+4.8%) to $13.3 billion. The increase was led by the non-residential sector (+$464.0 million) and supported by the residential sector (+$143.0 million). On a constant dollar basis (2023=100), the total value of building permits issued in January rose 4.3% from the previous month Read More…

  • Multi-Unit Construction Drives Growth in December Residential Construction Investment, 2025 Review

    Multi-Unit Construction Drives Growth in December Residential Construction Investment, 2025 Review

    March 13, 2026 The total value of investment in building construction increased $442.9 million (+1.9%) to $23.7 billion in December. The residential sector grew 2.4%, while the non-residential sector edged up 0.6%. Year over year, investment in building construction grew 12.2% in December. On a constant dollar basis (2023=100), the total value of investment in building construction in December rose 1.7% Read More…

Changing Scene

  • Electric Avenue Launches Incentive Program for EV Charging Installers

    Electric Avenue Launches Incentive Program for EV Charging Installers

    March 23, 2026 Halifax-based EV charging solutions provider Electric Avenue has announced the official launch of its new Contractor Incentive Program, a first-of-its-kind initiative in the EV charging industry, built exclusively for contractors who have completed the company’s Installer Certification course. The program rewards certified installers for every verified and networked installation they complete, offering cash Read More…

  • Ontario Expanding Billy Bishop Airport

    Ontario Expanding Billy Bishop Airport

    March 23, 2026 By expanding capacity at Billy Bishop Airport, the province will help meet future demand in southern Ontario, reduce pressure at Toronto Pearson International Airport, increase competition in the air travel sector to support more routes and cheaper flights, and support the creation of good-paying jobs in Ontario’s aviation, tourism and construction sectors. Read More…

  • EnerQuest to Expand Manufacturing Facility to increase Switchgear Production

    EnerQuest to Expand Manufacturing Facility to increase Switchgear Production

    March 23, 2026 The Ontario government is welcoming an investment of nearly $15.8 million by EnerQuest Technologies Solutions Inc. to expand their manufacturing facility in Harrow, Ontario and reshore the production of switchgears from the United States. Leveraging the province’s skilled workforce, this project will create 125 new good-paying jobs and protect 154 existing positions Read More…

  • Government of Newfoundland and Labrador to Build New School in Conception Bay North

    Government of Newfoundland and Labrador to Build New School in Conception Bay North

    March 23, 2026 The Newfoundland and Labrador Provincial Government’s commitment to build a new school in Conception Bay North. The new school will replace Cabot Academy in Western Bay, which was destroyed by fire in August 2025. Work is currently ongoing to determine the size, specifications, and construction timelines of the new school, which will Read More…