World’s leading Organizations Innovating for a Green Future
The State of Quality Patents in GREENTECH
Key Findings
GREEN100® Corporations Contribute
- 10.20% of the green patents are owned by GREEN100® Corporations
- 27.36% of the High-quality patent families are owned by GREEN100® Corporations
GREEN100® Corporations Headquarters
- 33 organizations belong to USA
- 24 organizations belong to China
- 18 organizations belong to Japan
GREEN100® Corporations Average Geographical Spread
- Combined Average geographical spread of the GREEN100® Corporations is 2.08 indicating that each patent filed by companies included in the GREEN100® Index is typically published in about two countries.
- Only, 10 corporations in the Top 100 have an average geographical spread exceeding 3 countries.
- Semiconductor Energy Lab Co. Ltd., Johnson & Johnson, Corning Inc., Dexcom Inc., and Bayer AG stand out with an average geographical spread of over 4 countries.
Data Coverage
(January 2022 – December 2022)
- Over 991 thousand publish patents
- Belonging to 879 thousand patent families
- Owned by over 355 thousand entities
- Originating from 94 countries
- Impacting 18 unique industries
Quality Vs Quantity
- Quality innovation in the domain of green technologies is imperative for creating a Green Future. For instance, 41 corporations that initially ranked in the Top 100 based solely on the size of their Absolute Green Patent Portfolios did not retain their positions when patent quality was factored into the assessment.
- Notable companies like Tesla, Broadcom, Rockwell Automation, Dexcom Inc., Amazon, Cisco, and Chevron have fewer than 100 green patents in their portfolios. However, their focus on high-quality patents has earned them a spot in the Top 100.
Assessment Framework
All the organizations with shares in the Green Patent Portfolio have been evaluated using an assessment framework that relies on multiple parameters indicative of three key components using the Sagacious Patent Portfolio Quality Mix (SPPQM) methodology.
Commitment to Green Future
Assesses the commitment each organization is exhibiting for the green future. The commitment is assessed based on the investments they have made in research as depicted by their IP filings (Absolute Green Portfolio Size, Geographical Spread, etc.).
Current Impact on Green Future
Measures the current impact they are likely to have created towards a green future. This impact is adjudged broadly through the overall quality of their individual Green Patent Portfolio as well as the number of industries/ players impacted through their patent research.
Potential of Crafting the Green Future
Determines if an organization is consistently contributing with a patent pipeline to lead the green future. This is evaluated based on their Green Patent Pipeline, future potential to exclude others, as well as the future applicability of their patent research.
The GREEN100® Index is based on the Sagacious Patent Portfolio Quality Mix (SPPQM), methodology which has been refined and strengthened over the years at Sagacious IP. The SPPQM methodology has been used by various mid and large-sized organizations to make strategic decisions, such as portfolio pruning, benchmarking, licensing, and/or acquisition, etc. The SPPQM methodology offers flexibility to derive an outcome based on the nature of the research.
For ranking organizations, 12 distinct parameters have been considered to evaluate the patent portfolio’s quality. The methodology is also validated and refined through focused deliberations with industry experts, particularly to define the scope and computations applied to arrive at the rankings. The below 5-step process was followed to arrive at the rankings:
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*Please note that the views presented in this section are of the respective individuals only and may not be the opinion of their organizations. In addition, the comments have no bearing on the ranking, which is 100% independently produced by Sagacious IP using a thorough analytical, evidence based, data-driven methodology developed and validated by in-house experts in deliberations with external industry experts.