Mohawk Ranked in Newsweek’sTop 500 Green Companies

Dalton, GA, October 6, 2009--Mohawk Industries has been recognized as one of the greenest companies in the U.S., according to a just-released ranking by Newsweek Magazine.

Newsweek listed Mohawk 227th in its “Green Rankings 2009.” For over a year, the publication collaborated with leading environmental researchers KLD Research & Analytics, Trucost, and CorporateRegister.com to rank the 500 largest U.S. companies based on their actual environmental performance, policies, and reputation.

Mohawk was the only flooring company to make the Newsweek list.

“This is a remarkable honor for Mohawk Industries, and a milestone in our Mohawk GreenWorks efforts,” said Jeff Lorberbaum, CEO. “This is acknowledgement of the work and resources we have invested in Mohawk GreenWorks, and it sets a standard by which we can measure the next steps in our program.”

Companies were scored using three key criteria:

Environmental Impact Score, a standardized quantitative performance measurement taking more than 700 variables into account to captures the total cost of all environmental impacts of a corporation's global operations.

Green Policies Score, an analytical assessment of a company's environmental policies and performance, which considered best-in-class policies, programs and initiatives, as well as regulatory infractions, lawsuits and community impacts, among other indicators.

Reputation Score, based on an opinion survey of corporate social responsibility (CSR) professionals, academics and other environmental experts. CEOs or high-ranking officials in all companies on the Newsweek 500 list were also invited to participate.

Impressively, in addition to its overall ranking, Mohawk ranked 45th in reputation among the Top 500 and 14th in its product category, “Consumer Products, Cars.”

“We’re particularly pleased with our reputation ranking, since it comes from other organizations, and from individuals who have special expertise in sustainability,” Lorberbaum said.

The top five companies in the ranking are Hewlett-Packard, Dell, Johnson and Johnson, Intel, and IBM. To read more about the survey, visit www.newsweek.com.

Mohawk GreenWorks is the umbrella of environmental initiatives for Mohawk Industries. Mohawk is the largest recycler in the flooring industry, and the leader in recycled and renewable flooring. Mohawk diverts over three billion pounds of material from landfills each year, and this number is growing. Mohawk’s goal is to develop processes and products that allow the company to focus on the five “Rs” of the GreenWorks platform: reduce, recover, reuse, renew, and recycle. Learn more at www.mohawkgreenworks.com.