Schneider Electric, a leader in the digital transformation of energy management and automation, was ranked for the eleventh time among the top of Corporate Knights’ annual global list of the 100 most sustainable corporations.
The Canadian media and research company examines more than 6,900 companies worldwide each year to determine the top one percent of the most sustainable corporations. The methodology for this listing is based on 23 key performance indicators, with 50 percent of the weight of the scores assigned to a company’s share of “Clean Revenues and Investments.” According to Corporate Knights, the most sustainable companies in this ranking outperform by generating four times more revenue per ton of carbon emitted than the average company in the MSCI All Country World Index.
Schneider Electric has appeared on Corporate Knights’ annual Global 100 Most Sustainable Corporations list every year since 2012, ranking first in 2021 and fourth this year. The above is a result of Schneider’s integration of sustainability into its business strategy. In 2021, Schneider Electric strengthened its sustainability consulting business to support more partners and customers in their own sustainable transformation.
“There is no magic formula for being repeatedly ranked as one of the most sustainable companies, it’s about doing it right and doing good,” commented Olivier Blum, Director of Strategy and Sustainability at Schneider Electric. “As an impact company, we approach sustainability as a business possibility and an opportunity for everyone. It is part of our model, culture, strategy and the way we assemble our entire ecosystem of employees, supply chain partners and customers to deliver on our purpose day in and day out.”
Schneider Electric started the year on a high note with respect to its environmental, social and governance (ESG) performance, following the achievement of global recognition of four ESG ratings in 2021, including the CDP Climate Change A list or the Dow Jones Sustainability World Index.