Corporate Sustainability: Schneider Electric bags Top Spot

On a day when Schneider Electric sets its six long-term sustainability targets for 2021-2025, yet another feather has been added to its cap as it bagged the number one spot for 2021 in “the Global 100 most sustainable corporations in the world,” released by Corporate Knights – a Canadian media and research company.

The jump from its earlier position of 29 in 2020 to the top in 2021 itself establishes the firm’s commitment and the role it played as a leading provider of digital solutions that facilitate energy efficiency and sustainability for its customers and business partners in achieving their own sustainability objectives. Jean-Pascal Tricoire, Schneider Electric’s Chairman & CEO said, “We raise the bar for ourselves for a sustainable business environment and help our customers, employees, partners and investors in achieving the same. The inclusive and greener world should be the future ahead.”

Schneider Electric is not a beginner but the leader in Environment Sustainable Goals (ESG). It has set targets for itself which can complement the United Nations’ Sustainable Development Goals. The intent is to act for a climate-friendly world, efficient utilization of resources, equitable distribution to empower local communities and a more resilient world towards the ever-changing climate.

Olivier Blum, Schneider Electric’s Chief Strategy and Sustainability Officer in a positive tone said, “The ability and willingness to make the world greener and more equitable is not just a moral responsibility – it makes good business sense too. The current scenario and a world after the covid pandemic require an urgent fix.”

Since the launching of the world’s first corporate sustainability barometer in 2005, Schneider already stepped up on its own decarbonisation roadmap and became a signatory of the Climate Pledge; and was included in the Financial Times’ Top 50 Diversity Leaders ranking.