Schneider Electric ranks 9th in the 2015 Global 100 Most Sustainable Corporations in the World
Schneider Electric announces it ranks 9th in the 2015 Global 100 Most Sustainable Corporations in the World ("Global 100") Index. The index has been released by Corporate Knights, the Toronto-based media and investment advisory company, on January 21st.
Companies ranked in the Global 100 index are the top sustainability performers in their respective industrial sectors, selected from a starting universe of 4,609 listed companies with a market capitalization greater than $2 billion (USD). The Global 100 is determined using twelve quantitative sustainability indicators, including the amount of revenue companies generate per unit of energy consumed and lost-time injury rate.
“The Global 100 represents the corporate trailblazers who are forging new ways to make more with less,” said Toby Heaps, CEO of Corporate Knights. “Schneider Electric ranks in the top 10 for the second consecutive year, this is a strong recognition of our continued commitment to sustainability. On a daily basis, Schneider Electric seeks to prove that economic, environmental and social interests are convergent. To have a significant impact and initiate lasting change, a performance measure is required. That is why Schneider Electric has defined specific objectives and measures its results each quarter using the Planet & Society barometer”, said Jean-Pascal Tricoire, Chairman and CEO of Schneider Electric.
Schneider Electric has been building its Planet & Society barometer since 10 years to measure its sustainability performance. The Planet & Society barometer has been the Group sustainability scorecard since 2005 with objectives defined for a three-year period and quarterly results for its key performance indicators. With each company program, the Group defines a new Planet & Society barometer. The barometer overall progress uses a scoring scale of 10. The final result of the Planet & Society barometer for the 2012-2014 company program will be published on February 19th, 2015. However, the barometer had already exceeded its 3-year target of 8/10, and achieved 9.20 (out of a maximum possible 10) in Q3 2014. The next version of the Planet & Society barometer will be presented to external stakeholders on February 19th, 2015.