Schneider Electric ranks 13th in the Global 100 Most Sustainable Corporations in the world by Corporate Knights for its performance on sustainability criteria
Schneider Electric is part of the Global 100 Most Sustainable Corporations in the World’, for the second year in a row, ranking at the 13th place, gaining 13 ranks compared to last year.
The Global 100 consists of the 100 top-performing stocks worldwide on a range of sector-specific ‘sustainability’ metrics. Data are collected for the project primarily from Bloomberg and through direct engagement with the 350 companies that made the project’s shortlist, selected from all global mid and large cap stocks (approximately 4,000). This ranking has been established by Corporate Knights, a Canadian media and investment research company for clean capitalism. It is announced each year at the World Economic Forum in Davos.
Doug Morrow, the VP Research at Corporate Knights, declared, ”we feel that the sustainability data that flows into our Global 100 research model, once properly cleansed, can contain hidden and statistically robust signals about companies’ future financial performance”.
In the 2013 list, Schneider Electric ranks second among the nine French companies and third out of ten in its sector (Industrial – Capital Goods).
For Gilles Vermot Desroches, Sustainability Senior Vice-President at Schneider Electric: ‘‘Schneider Electric’s inclusion and progression in the Global 100 list for the second year in a row validates the company’s strategy and commitment to sustainable development, guided by our Planet & Society Barometer”.
Since 2005, the company releases every quarter key progress through its award-winning sustainability dashboard: The Planet & Society Barometer. Based on 14 indicators covering the three pillars of sustainability (people, planet, profit), it is the flagship of Schneider Electric performance in this domain.
Schneider Electric is also part of major rankings and indexes such as the Carbon Disclosure Performance Leadership Index and the Dow Jones Sustainability World and Europe Indexes.