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  • Commitment to sustainability recognized

Schneider Electric’s actions and commitment to sustainability recognized in two significant rankings

Davos (Switzerland), January 22, 2019 – Schneider Electric, the leader in digital transformation of energy management and automation, has received two significant rankings that recognize its actions and commitment to sustainability. The company features on the “Climate A” list by CDP, a non-profit organization that supports development of the sustainable economy, and also on the Global 100 Most Sustainable Corporations in the World ranking of Corporate Knights, the magazine for Clean Capitalism. The awards were announced during the World Economic Forum at Davos.

Sustainable development at the heart of Schneider Electric’s strategy

It is the sixth year running that Schneider Electric has been ranked among the “Global 100” most sustainable companies on the Corporate Knights list. The Global 100 ranking is based on 12 key sustainability indicators, which include the ratio of business turnover achieved per unit of energy consumed, or the rate of work stoppage. More than 7,500 companies worldwide were evaluated to produce this list of the 100. Schneider Electric’s continued inclusion in the Global 100 list recognizes the company’s engagement to accomplish the 17 United Nations Sustainable Development Goals (SDGs), which are a call to eliminate poverty, protect the planet, and ensure peace and prosperity for all people by 2030.

Schneider Electric is actively engaged through its core business and its five sustainability megatrends: Climate, Circular economy, Ethics, Health & Equity and Development. To support this commitment, Schneider Electric has developed a critical instrument for its sustainability journey: the Schneider Sustainability Impact (SSI). It reflects the sustainability megatrends and guides Schneider’s sustainability efforts by making our goals clear. Renewed and updated for 2018 through 2020, this fifth iteration demonstrates, through 21 indicators, our holistic view of sustainability, how our sustainability efforts affect the planet, its people, our profit, and that of our customers. It contains our promises to our partners, customers, and the world. It is the standard by which we measure ourselves and hold ourselves accountable. It also states clearly how the Group contributes not only to Goal 8 (Decent Work and Economic Growth) but also to Goal 5 (Gender Equality), Goal 7 (Affordable and Clean Energy).

Helping customers towards a low carbon economy

The CDP’s 2018 Climate A List establishes a framework for companies’ climate action, and distinguishes those that have been the most successful in reducing their CO2 emissions, and in the transition to a low carbon economy. Only 138 companies got the “A” grade this year.

Schneider Electric’s appearance on this list, for the eighth consecutive year, reflects the group’s long-term and ongoing commitment to fighting climate change, a commitment that goes well beyond its own organization. Indeed, Schneider Electric’s goal is to save its customers 100 million metric tons of CO2 by 2020. This goal is one of the key indicators of the SSI. In 2018, the Group had already achieved saving of 51 million metric tons of CO2 for its customers. Schneider Electric also helps customers navigate sustainability reporting — for CDP and other frameworks. The company’s advisors help determine the right reporting standards to meet organizational goals, implement productivity tools, such as EcoStruxure Resource Advisor, and analyze and verify data. Follow this link for more information.

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