Schneider Electric's sustainability leadership recognized for the 11th year in a row by Dow Jones Sustainability World Index
In 2021, Schneider Electric obtained an 86/100 score compared with an industry average of 28/100.
- Recurring listing based on continuously strong environmental, social and governance performance for over a decade
MISSISSAUGA, ON, Nov. 30, 2021 /CNW/ - Schneider Electric, the leader in the digital transformation of energy management and automation, and recognized as the world's most sustainable corporation in 2021 by Corporate Knights, has reached a new record by being listed for the 11th year in a row on the 2021 Dow Jones Sustainability Index (DJSI).
Based on S&P Global's Corporate Sustainability Assessment, 322 companies across 61 sectors were listed in this year's DJSI World Index, one of the most renowned global benchmarks of a company's environmental, social and governance (ESG) performance. Each year DJSI selects the top 10% from among around 2,500 companies worldwide representing 45% of global market capitalization, following an exhaustive ESG performance assessment. In 2021, Schneider Electric obtained an 86/100 score compared with an industry average of 28/100.
This recognition reflects Schneider Electric's repeated progress and achievements. The widely recognized sustainability practitioner and enabler, recently announced raising the bar on its commitments with new Schneider Sustainability Impact targets for 2021-2025. The company monitors and publishes details of it's progress every quarter. It has also recently reinforced its sustainability consulting arm to support an increasing number of companies and organizations to follow suit.
Schneider Electric also includes DJSI as one of four external ratings that make up the Schneider Sustainability External & Relative Index (SSERI). This tool measures Schneider's sustainability performance with a 25% weighting used to attribute performance shares (long-term incentive plan) to the company's leaders.
Schneider Electric is regularly recognized and listed in rankings, demonstrating its deep commitment as a global leader for climate and inclusion. Most recently, Schneider Electric retained its #1 spot for ESG performance in its sector by the Vigeo Eiris rating agency and was acknowledged as a Diversity Leader by the Financial Times. It also ranked fourth for international companies and first among EURO STOXX 50 companies on EcoAct's Climate Reporting Performance leaderboard, and was recognized as a Climate Champion by Challenges, the French weekly business magazine, for reducing its annual Scope 1 and 2 greenhouse gas emissions.
A full list of awards and recognitions is available here.
About Schneider Electric
Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
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SOURCE Schneider Electric Canada Inc.
