Schneider Electric gets its highest score ever in the 2016 Global 100 Most Sustainable Corporations in the World ranking by Corporate Knights
Schneider Electric, the global specialist in energy management and automation, has been recognized as one of the 2016 Global 100 Most Sustainable Corporations in the World, coming 12th overall and 1st in its GICS Industry. It’s the fourth year running the Group ranks among the top 15 corporations in the sustainability index by Corporate Knights, the magazine for clean capitalism, released every year at the World Economic Forum in Davos.
Companies who make the Global 100 ranking are the top overall sustainability performers in their respective industrial sectors, selected from a starting universe of 4,353 listed companies with a market capitalization greater than $2 billion (USD) on October 1, 2015. Schneider Electric ranks first its sector and is among the 11 French companies listed. The Global 100 is determined using 12 quantitative sustainability indicators, as the amount of revenue companies generate per unit of energy consumed for example.
Jean-Pascal Tricoire, Chairman & CEO, Schneider Electric commented, “With overall score up to 70.5% in 2016 from 68.4% in 2015, we have achieved our best Global 100 score ever, ranking 1st in our sector and demonstrating our commitment to put sustainable development at the heart of our strategy. Even so, we’ve dropped three places in the global ranking, which means that the overall standards have risen. That’s great news for everyone and invitation to increase our efforts.”
Schneider Electric is listed in various major sustainability indices, such as the CDP A-List & the Climate Disclosure Leadership Index, the Dow Jones SustainabilityTM World & Europe Indices and the World’s Most Ethical Companies©. This confirms the commitment of the Group, which measures its efforts with its own Planet & Society Barometer, the company sustainable development scorecard since 2005. Morever, last November,Schneider Electric took 10 new commitments, as part of the Paris Climate Change Conference (COP21), around its products and solutions but also around its R&D and supply chain, to make the company and its eco-system neutral in the next 15 years.
The Global 100 tied for the best overall ranking in the world for its relevance, insight, trustworthiness, and convincing methodology in a ranking by the Branding Institute. The ranking is featured in the 2016 winter issue of Corporate Knights, the magazine for clean capitalism.