Schneider Electric has announced that it ranks ninth in the 2015 Global 100 Most Sustainable Corporations in the World (Global 100) index.
The index was 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 capitalisation greater than $2bn. 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.
Corporate Knights CEO Toby Heaps said: “The Global 100 represents the corporate trailblazers who are forging new ways to make more with less.”
Schneider Electric chairman and CEO Jean-Pascal Tricoire said: “Schneider Electric ranks in the top ten 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 for ten 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 programme, the group defines a new Planet & Society barometer. The barometer’s overall progress uses a scoring scale of ten. The final result of the Planet & Society barometer for the 2012 to 2014 company programme will be published on 19 February; however, the barometer had already exceeded its three-year target of 8/10, and achieved 9.20 (out of a maximum possible ten) in Q3 2014.
The next version of the Planet & Society barometer will be presented to external stakeholders on 19 February.
To find out more about the Planet & Society barometer, please visit the company website.