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Schneider Electric Speeds Up Strategy for Sustainability

Schneider Electric has accelerated its long-standing strategy to embed environmental, social and governance considerations into every facet of its activities and has been ranked top for “the Global 100 most sustainable corporations in the world”.

Schneider electricThe announcement coincided with the news that Corporate Knights, a Canadian media and research company producing rankings and financial product ratings based on corporate sustainability performance, has for the first time recognized Schneider Electric as number one of its annual index of “the Global 100 most sustainable corporations in the world”.

The core of our strategy is to build a sustainable business and company. Customers, employees, partners and investors have never been more focused on ESG considerations than they are now. Schneider has long embraced those issues, and we keep raising the bar for ourselves, and our customers and partners,” says Jean-Pascal Tricoire, Schneider Electric’s Chairman and Chief Executive Officer.

“When we introduced our first sustainability barometer in 2005, we were an early adopter of ESG matters. But ESG commitments cannot just be a one-off, and we have reinforced ours every three years. All of us – companies, governments, and individuals – can contribute to make the world greener and more inclusive. Our new commitments define the next steps of our contribution.”

“The ability and willingness to make the world greener and more equitable is not just a moral responsibility – it makes good business sense too,” said Olivier Blum, Schneider Electric’s Chief Strategy and Sustainability Officer.“ The year 2020, marked by COVID-19, a string of climate-linked disasters, and the fifth anniversary of the Paris Agreement on climate change, reinforced the urgency for action. It has also intensified the appetite from our customers to accelerate their transitions towards a lower-carbon world. Our solutions can help them achieve their goals, too.”

A jump from 29th position the previous year, the top-ranking for 2021 represents an important external recognition of Schneider Electric’s early and sustained commitment to ESG issues.

It also highlights the company’s transformation into a leading provider of digital solutions that facilitate energy efficiency and sustainability.

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Aishwarya Saxena

A book geek, with creative mind, an electronics degree, and zealous for writing.Creativity is the one thing in her opinion which drove her to enter into editing field. Allured towards south Indian cuisine and culture, love to discover new cultures and their customs. Relishes in discovering new music genres.

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