{"id":12084,"date":"2020-01-26T11:50:33","date_gmt":"2020-01-26T03:50:33","guid":{"rendered":"https:\/\/nxtmag.tech\/?p=12084"},"modified":"2023-03-05T11:57:38","modified_gmt":"2023-03-05T03:57:38","slug":"schneider-electrics-commitment-to-sustainability-recognized-in-two-leading-rankings","status":"publish","type":"post","link":"https:\/\/nxtmag.tech\/my\/2020\/01\/26\/schneider-electrics-commitment-to-sustainability-recognized-in-two-leading-rankings\/","title":{"rendered":"Schneider Electric\u2019s Commitment to Sustainability Recognized in Two Leading Rankings"},"content":{"rendered":"<p class=\"p4\"><span class=\"s2\">Schneider Electric<\/span>, the leader in digital transformation of energy management and automation, has been given two significant rankings &#8211; including a top place on among the Global 100 Most Sustainable Corporations ranking of Clean Capitalism magazine Corporate Knights, and a place on the Carbon Disclosure Project (CDP) \u201cA-List\u201d for the ninth consecutive year. The rankings were announced on the opening day of the annual meeting of the World Economic Forum in Davos, <span class=\"s2\">where environmental sustainability is a dominating issue.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11180\" src=\"https:\/\/nxtmag.tech\/wp-content\/uploads\/2019\/12\/schneider-wind-renewable-energy-2.jpg\" alt=\"Wind Turbine sin sunset, china.\" width=\"900\" height=\"600\" srcset=\"https:\/\/nxtmag.tech\/wp-content\/uploads\/2019\/12\/schneider-wind-renewable-energy-2.jpg 900w, https:\/\/nxtmag.tech\/wp-content\/uploads\/2019\/12\/schneider-wind-renewable-energy-2-300x200.jpg 300w, https:\/\/nxtmag.tech\/wp-content\/uploads\/2019\/12\/schneider-wind-renewable-energy-2-768x512.jpg 768w, https:\/\/nxtmag.tech\/wp-content\/uploads\/2019\/12\/schneider-wind-renewable-energy-2-696x464.jpg 696w, https:\/\/nxtmag.tech\/wp-content\/uploads\/2019\/12\/schneider-wind-renewable-energy-2-630x420.jpg 630w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n<h3 class=\"p5\"><b>Recognition on Environmental and Ethical Indicators<\/b><\/h3>\n<p class=\"p4\">Schneider Electric was ranked amongst the \u201cGlobal 100\u201d most sustainable companies by <span class=\"s2\">Corporate Knights <\/span>for the seventh year running, coming 29<span class=\"s3\">th <\/span>overall and first in its category. More than 7,500 companies were evaluated to produce a list of 100, based on 21 key performance indicators covering resource management, employee management, financial management, clean revenue and supplier performance.<\/p>\n<p class=\"p4\">Schneider Electric was also ranked on the <span class=\"s2\">CDP \u201cA-List\u201d <\/span>&#8211; among just <span class=\"s4\">179 <\/span>other companies \u2013 for the ninth consecutive year. The CDP\u2019s disclosure and scoring process is seen as the gold standard of corporate environmental transparency, and the go-to source of sustainability information for customers and investors. Schneider Electric was recognized for actions to cut emissions, mitigating climate risks and contributing to the development of a low-carbon economy.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11061\" src=\"https:\/\/nxtmag.tech\/wp-content\/uploads\/2019\/11\/smart-cities-schneider.jpg\" alt=\"Indonesia, Jakarta, View of city during sunset\" width=\"900\" height=\"600\" srcset=\"https:\/\/nxtmag.tech\/wp-content\/uploads\/2019\/11\/smart-cities-schneider.jpg 900w, https:\/\/nxtmag.tech\/wp-content\/uploads\/2019\/11\/smart-cities-schneider-300x200.jpg 300w, https:\/\/nxtmag.tech\/wp-content\/uploads\/2019\/11\/smart-cities-schneider-768x512.jpg 768w, https:\/\/nxtmag.tech\/wp-content\/uploads\/2019\/11\/smart-cities-schneider-696x464.jpg 696w, https:\/\/nxtmag.tech\/wp-content\/uploads\/2019\/11\/smart-cities-schneider-630x420.jpg 630w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n<h3 class=\"p5\"><b>Schneider Electric Exceeds its Own Sustainability Targets <\/b><\/h3>\n<p class=\"p8\"><b>Some SSI achievements in Q3 2019: <\/b><\/p>\n<ul>\n<li class=\"p8\">Helped clients save 88 million metric tons of CO<span class=\"s5\">2 <\/span><\/li>\n<li class=\"p8\">CO<span class=\"s5\">2 <\/span>efficiency in transportation was improved by 8.8%<\/li>\n<li class=\"p8\">45% renewable electricity consumption worldwide<\/li>\n<li class=\"p8\">Consumption of over 77,000 tons of primary resources avoided with circular offers.<\/li>\n<\/ul>\n<p class=\"p4\">Both rankings recognized Schneider Electric\u2019s engagement to sustainability, as measured through the <span class=\"s2\">Schneider Sustainability Impact (SSI)<\/span><span class=\"s6\">. <\/span>The SSI, which is published quarterly and is a valuable source of information for investors, rates the company\u2019s progress towards ambitious sustainability commitments through 21 key performance indicators around Climate, Circular Economy, Health &#038; Equity, Ethics and Development. Renewed and updated for 2018 through 2020, the company had increased targets on nine of these indicators at the end of 2019.<i> <\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11481\" src=\"https:\/\/nxtmag.tech\/wp-content\/uploads\/2020\/01\/schneider-colocation-providers-renewables.jpg\" alt=\"Man with digital tablet checking solar panels\" width=\"900\" height=\"599\" srcset=\"https:\/\/nxtmag.tech\/wp-content\/uploads\/2020\/01\/schneider-colocation-providers-renewables.jpg 900w, https:\/\/nxtmag.tech\/wp-content\/uploads\/2020\/01\/schneider-colocation-providers-renewables-300x200.jpg 300w, https:\/\/nxtmag.tech\/wp-content\/uploads\/2020\/01\/schneider-colocation-providers-renewables-768x511.jpg 768w, https:\/\/nxtmag.tech\/wp-content\/uploads\/2020\/01\/schneider-colocation-providers-renewables-696x463.jpg 696w, https:\/\/nxtmag.tech\/wp-content\/uploads\/2020\/01\/schneider-colocation-providers-renewables-631x420.jpg 631w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n<h3 class=\"p5\"><b>Strong Sustainability Momentum in 2019 <\/b><\/h3>\n<p class=\"p4\">In 2019, Schneider Electric built strong momentum in its efforts to promote sustainability and inclusion. In August 2019, the company joined the OECD\u2019s <span class=\"s2\">Business for Inclusive Growth (B4IG)<\/span>, a partnership of 34 multinational companies committed to advancing human rights, building inclusive workspaces and strengthening inclusion across their business ecosystems. Through B4IG, Schneider Electric will grow its Social Innovation to Tackle Energy Poverty initiative, which currently supports 42 projects and directly benefits more than 40,000 people.<\/p>\n<p class=\"p4\">In September, Schneider Electric announced at Climate Week NYC that it was accelerating its 2030 goal to demonstrate carbon neutrality in its own ecosystem by five years to 2025, to achieve net-zero emissions by 2030, and to engage with all suppliers for a carbon neutral supply chain by 2050. These commitments were reaffirmed at the Madrid COP25 in December.<\/p>\n<p class=\"p4\">The group has underscored its commitment by linking financial incentives of more than 50,000 employees and nearly 3,000 senior managers to achieving sustainability targets, ensuring that the group\u2019s ambitions \u2013 and rewards \u2013 are shared across the company.<\/p>\n<p class=\"p4\">Schneider Electric\u2019s efforts were reflected in <span class=\"s2\">other rankings <\/span>including the Dow Jones Sustainability World Index for the seventh consecutive year, the FTSE4GOOD Environmental Leaders Europe 40 index, an AAA ranking with American investment company MSCI, and inclusion in the Vigeo Eiris World120, Europe120 and France 120 indices among the highest-ranking companies in terms of corporate responsibility achievements.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Schneider Electric, the leader in digital transformation of energy management and automation, has been given two significant rankings &#8211; including a top place on among the Global 100 Most Sustainable Corporations ranking of Clean Capitalism magazine Corporate Knights, and a place on the Carbon Disclosure Project (CDP) \u201cA-List\u201d for the ninth consecutive year. The rankings [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11180,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","footnotes":""},"categories":[1024,19],"tags":[701,730],"class_list":{"0":"post-12084","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-features","8":"category-news","9":"tag-schneider-electric","10":"tag-sustainability"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Schneider Electric\u2019s Commitment to Sustainability Recognized in Two Leading Rankings<\/title>\n<meta name=\"description\" content=\"Schneider Electric, the leader in digital 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