GEC NEWS WIRERanked 10th among 100 Most Sustainable Corporations in the World
Schneider Electric has been awarded for the third consecutive year by the Corporate Knights world ranking as one of the 100 most advanced companies in the field of sustainable development. The 2014 ranking was unveiled at the recently concluded Davos World Economic Forum (Switzerland).
Schneider Electric ranked 10th in the overall list and first amongst companies in the industry and capital goods sector.
The Global 100 Most Sustainable Corporations in the World ranking by Corporate Knights, the Canadian magazine for clean capitalism, consists of the top 100 performing stocks worldwide based on a range of sector-specific sustainability metrics. Data for the ranking is primarily collected from Bloomberg and through direct engagement with 350 of the world’s largest companies that make the shortlist.
Jean-Pascal Tricoire, Chairman and CEO, Schneider Electric, said: “Breaking into the top 10 ranking this year and emerging as the leader in our industry is a strong incentive and encouragement for us to increase our engagement in sustainability.”
Since 2005, Schneider Electric measures and publishes its key progress on a quarterly basis through its sustainability dashboard, the Planet & Society Barometer. It consists of 14 indicators across three key areas of the group’s sustainability development strategy: economy, environment and society. This tool allows Schneider Electric to evaluate and asses on a regular basis its actions for sustainable development and share results with all its stakeholders.
