Schneider Electric in Global 100 Most Sustainable Corporations for 12th year in a row

Rhea-AI Summary

Schneider Electric has been ranked #1 in its peer group and 7th globally in the 2023 Global 100 list of Most Sustainable Corporations by Corporate Knights. This marks the 12th consecutive year Schneider has been recognized, earning high scores for climate and social commitments, including sustainable revenues and gender diversity. It remains the only company in its category on the Global 100 since 2012. Additionally, Schneider received top ESG ratings from S&P, CDP, and Moody's, highlighting its commitment to sustainability. The company was also awarded the Terra Carta Seal, recognizing its role in driving innovation for sustainable markets.

Positive

• Ranked #1 in peer group and 7th globally in Corporate Knights' 2023 Global 100 list.
• Recognized for 12 consecutive years as one of the Most Sustainable Corporations.
• Strong performance in sustainable revenues and gender diversity.
• Received top ESG ratings from S&P, CDP, and Moody's for sustainability practices.
• Awarded the Terra Carta Seal for contributions to sustainable markets.

Negative

• None.

• Corporate Knights ranks Schneider Electric #1 in its peer group and 7th worldwide in 2023

BOSTON, Jan. 18, 2023 /PRNewswire/ -- Schneider Electric, the leader in the digital transformation of energy management and automation, has earned a spot on Corporate Knights' 2023 Global 100 list of Most Sustainable Corporations in the world for the 12^th time in a row.

Strong performance across climate and social commitments, such as sustainable revenues and investments, gender diversity and sustainability pay link have helped secure Schneider Electric's peer group leadership position in this annual index compiled by the Corporate Knights sustainability research group. The Global 100 is based on a rigorous assessment of public companies with revenues over US$1 billion. Schneider Electric is the only one of its category to have been named a Global 100 every year since 2012 and was ranked as the world's most sustainable corporation by Corporate Knights in 2021.

This achievement follows a previous announcement of Schneider Electric receiving top Environmental Societal and Governance (ESG) ratings from Standard & Poor's, CDP and Moody's ESG Solutions for its sustainability impacts and best practices. For example, Schneider Electric's Climate Strategy and its commitment to environmental transparency was one of the first to be validated in accordance with SBTi's Corporate Net-Zero Standard mid-2022.

Schneider Electric is also just one of 19 corporate recipients of this year's Terra Carta Seal recognizing global companies that are driving innovation, demonstrating commitment, and gaining momentum towards genuinely sustainable markets. The Seal is part of the Sustainable Markets Initiative which His Majesty King Charles III set up in January 2021 while he was the Prince of Wales to encourage the private sector to take more urgent action on climate change.

"Kickstarting 2023 with these sustainability achievements is truly energizing," said Gwenaelle Avice-Huet, Chief Strategy & Sustainability Officer at Schneider Electric. "It shows that consistency, commitment and concrete impact don't go unnoticed and serves as a reminder that companies like us and our Global 100 peers, make a difference at all levels, in business and through our environmental, social and economic impacts." 

Related resources:

Schneider Electric's ESG performance is monitored and disclosed quarterly as part of its financial results. More information is available here:

• Sustainability Reports
• ESG Frequently Asked Questions (FAQ)
• Schneider awards and recognitions

About Schneider Electric

Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com  

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SOURCE Schneider Electric

FAQ

What is Schneider Electric's ranking in the 2023 Global 100 list?

Schneider Electric is ranked #1 in its peer group and 7th globally in the 2023 Global 100 list of Most Sustainable Corporations.

How many times has Schneider Electric been recognized in the Global 100 list?

Schneider Electric has been recognized in the Global 100 list for 12 consecutive years.

What ESG ratings has Schneider Electric received?

Schneider Electric has received top ESG ratings from Standard & Poor's, CDP, and Moody's.

What is the significance of the Terra Carta Seal awarded to Schneider Electric?

The Terra Carta Seal recognizes Schneider Electric as one of the 19 companies driving innovation towards sustainable markets.

When was the press release about Schneider Electric's sustainability achievements published?

The press release was published on January 18, 2023.