•Schneider Electric Appears in the Top 10 for the Second Consecutive Year
•The Group has Moved Up 1 Place Compared to 2014
Dubai-UAE: 12 February, 2015 – 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 21 January.
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.
Jean-Pascal Tricoire, Chairman and CEO of Schneider Electric said: “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.”
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 19 February, 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 19 February, 2015.