Schneider Electric has been ranked the world’s most sustainable company, in a prestigious annual checklist compiled by Company Knights, a media and analysis firm centered on company sustainability efficiency.

“We’re honoured and grateful to be ranked primary by Company Knights,” stated Jean-Pascal Tricoire, Schneider Electrical’s Chairman and Chief Government Officer. “It’s a main encouragement for our groups and companions, and an awesome recognition of greater than 15 years of engagement to make our firm and the world greener and extra inclusive. Sustainability is a journey that we accomplish with our individuals, companions, suppliers, clients and communities the place we function. This recognition goes additionally to all of them.”

The primary place on Company Knights’ 2021 World 100 Most Sustainable Companies on this planet rating marks a giant leap from twenty ninth place the earlier 12 months and represents a high-profile exterior acknowledgement of Schneider’s long-standing dedication to environmental, social and governance (ESG) points.

“There are two sides to the sustainability coin,” says Gilles Vermot Desroches, Sustainability Senior VP at Schneider Electrical. “We goal to guide by instance inside our personal operations and ecosystem, and we work to be a part of the answer for our clients. Sustainability improves efficiency, innovation and our attractiveness as a spot to work. It creates worth.”

Company Knights’ 2021 rating was based mostly on an evaluation of 8,080 firms with greater than US$1 billion in revenues. Efficiency indicators embody evaluations of how a lot renewable vitality and waste firms generate. This 12 months, in addition they included new indicators on sick depart, government and board racial variety, and clear investments.

The Toronto-based firm referred to as out Schneider’s regular shift in direction of services and products that assist clients handle their vitality wants extra effectively and safely.

“In current many years, Schneider has shifted its focus to knowledge facilities; storage and different distributed vitality assets; and sensible options that advance electrification, vitality effectivity and renewability. It now earns 70 per cent of its income from, and directs 73 per cent of its investments towards, sustainable options,” says Toby Heaps CEO of Company Knights. “Schneider Electrical additionally performs strongly in racial and gender variety and in useful resource productiveness and security.”

Schneider Electrical was an early adopter of ESG concerns and has dialed up its sustainability commitments repeatedly and ambitiously over the previous decade and a half. The most recent acceleration of its sustainability technique, additionally introduced on January 25, includes six long-term commitments and eleven concrete targets, deliverable by 2025. Collectively, these goal to assist Schneider, the companies and communities it serves and interacts with, to deal with local weather change and social inclusion.