Important sustainability recognition for employer Schneider Electric

Important sustainability recognition for employer Schneider Electric

 January 26, 2020

Prime employer for women, Schneider Electric, is celebrating after receiving two significant rankings: a top place among the Global 100 Most Sustainable Corporations ranking of Clean Capitalism magazine Corporate Knights, and a place on the Carbon Disclosure Project (CDP) A-List.

Global 100 with Corporate Knights

Schneider Electric was ranked among the Global 100 most sustainable companies by Corporate Knights for the seventh year running, coming 29th overall and first in its category of Industrial Conglomerates.

More than 7,500 companies were evaluated to produce a list of 100, based on 21 key performance indicators covering resource management, employee management, financial management, clean revenue and supplier performance.

Reaching the CDP A List

Schneider Electric was also ranked on the CDP A-List for the ninth consecutive year - among just 179 other companies. CDP’s disclosure and scoring process is seen as the gold standard of corporate environmental transparency, and the go-to source of sustainability information for customers and investors.

The company was recognized for actions to cut emissions, mitigating climate risks and contributing to the development of a low-carbon economy.

A commitment to sustainability

Both rankings recognise Schneider Electric’s engagement to sustainability, as measured through the Schneider Sustainability Impact (SSI).

The SSI, which is published quarterly and is a valuable source of information for investors, rates the company’s progress towards ambitious sustainability commitments through 21 key performance indicators around Climate, Circular Economy, Health & Equity, Ethics and Development.

"The climate emergency and the related management of economic risks are our generation’s biggest challenge. We must rethink the way we live with energy, the way we design buildings, industries and cities, and leverage technology to embark on a different path to a net zero carbon world,” says Schneider Electric CEO and Chairman, Pascal Tricoire.

“At Schneider Electric, our commitment to carbon neutrality is weaved into our business decisions and governance. However, we all need to do more and faster. The recognition of our efforts by both the CDP and Corporate Knights is a very positive step and gives us a boost.”

Building strong momentum

Schneider Electric has built strong momentum in its efforts to promote sustainability and inclusion. The company has joined the OECD’s Business for Inclusive Growth (B4IG), a partnership of 34 multinational companies committed to advancing human rights, building inclusive workspaces and strengthening inclusion across their business ecosystems.

Through B4IG, Schneider Electric is growing its Social Innovation to Tackle Energy Poverty initiative, which supports 42 projects and directly benefits more than 40,000 people.

Schneider Electric is also accelerating its 2030 goal to demonstrate carbon neutrality in its own ecosystem to 2025, to achieve net-zero emissions by 2030, and to engage with all suppliers for a carbon neutral supply chain by 2050.

Further your career with Schneider Electric

Schneider Electric is committed to helping build a more sustainable future and is looking for people with a passion for success.

Learn more about Schneider Electric's job vacancies and apply for a new start today.

 

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