Schneider Electric has again been recognized on Fortune's Change the World List.
"It’s a testament to the ambition and commitment of our teams and partners in leading the charge, showing our business ecosystem that sustainable business is good business," says Jean-Pascal Tricoire, CEO and Chairman of Schneider Electric.
Honoring companies that meet society's unmet needs
Fortune’s Change the World list honors companies that use the creative tools of capitalism - including the profit motive - to address society's unmet needs.
The 2021 list is the second compiled in the shadow of COVID-19, which has exposed how sorely society has neglected some of those needs. According to Fortune, many of the honorees are battling to reverse that neglect, investing in the long-term health of their businesses by supporting those on the lower rungs of the global economic ladder.
Positive impact through business strategy
The Change the World list recognizes companies that have had a positive social impact through activities that are part of their core business strategy.
As Fortune assess nominees, factors considered include:
- Measurable social impact: Fortune considers the reach, nature, and durability of the company’s impact on one or more specific societal problems
- Business results: Fortune considers the benefit the socially impactful work brings to the company. Profitability and contribution to shareholder value outweigh benefits to the company’s reputation
- Degree of innovation: Fortune considers how innovative the company’s effort is relative to that of others in its industry and whether other companies have followed its example or partnered with it
Work for a company that is enacting positive change
Schneider Electric understands that freedom breeds innovation which is why it empowers its employees to drive success and do the best for customers.
Work for a globally respected company. Search for the latest job vacancies at Schneider Electric.
Find out more
Disclosure: Where Women Work researches and publishes insightful evidence about how its paid member organizations support women's equality.