News Daily

The Times

News from Asia

  • Written by Media Outreach
· Corporate Knights ranks Schneider Electric #1 in its peer group and 7th worldwide in 2023 · Recognition comes on the heels of top ESG ratings already announced in December

HONG KONG SAR - Media OutReach - 31 January 2023 - Schneider Electric, the leader in the digital transformation of energy management and automation, has earned a spot on Corporate Knights' 2023 Global 100 list of Most Sustainable Corporations in the world for the 12th time in a row.

Strong performance across climate and social commitments, such as sustainable revenues and investments, gender diversity and sustainability pay link have helped secure Schneider Electric's peer group leadership position in this annual index compiled by the Corporate Knights sustainability research group. The Global 100 is based on a rigorous assessment of public companies with revenues over US$1 billion. Schneider Electric is the only one of its category to have been named a Global 100 every year since 2012 and was ranked as the world's most sustainable corporation by Corporate Knights in 2021.

This achievement follows a previous announcement of Schneider Electric receiving top Environmental Societal and Governance (ESG) ratings from Standard & Poor's, CDP and Moody's ESG Solutions for its sustainability impacts and best practices. For example, Schneider Electric's Climate Strategy and its commitment to environmental transparency was one of the first to be validated in accordance with SBTi's Corporate Net-Zero Standard mid-2022.

Schneider Electric is also just one of 19 corporate recipients of this year's Terra Carta Seal recognizing global companies that are driving innovation, demonstrating commitment, and gaining momentum towards genuinely sustainable markets. The Seal is part of the Sustainable Markets Initiative which His Majesty King Charles III set up in January 2021 while he was the Prince of Wales to encourage the private sector to take more urgent action on climate change.

"Kickstarting 2023 with these sustainability achievements is truly energizing," said Gwenaelle Avice-Huet, Chief Strategy & Sustainability Officer at Schneider Electric. "It shows that consistency, commitment and concrete impact don't go unnoticed and serves as a reminder that companies like us and our Global 100 peers, make a difference at all levels, in business and through our environmental, social and economic impacts."

Related resources:

Schneider Electric's ESG performance is monitored and disclosed quarterly as part of its financial results. More information is available here:

- Sustainability Reports - ESG Frequently Asked Questions (FAQ) - Schneider awards and recognitions

Hashtag: #SchneiderElectric #ESG #ImpactCompany #Sustainability

The issuer is solely responsible for the content of this announcement.

Read more

Why Compact Designs of Caravan Travel Transform Short Getaways

A caravan makes exploring Australia more flexible. For many Australians, a compact and practical setup makes short breaks easier, more comfortable and far more spontaneous. The layout inside significantly impacts how comfortable, organised and enjoyable your travels become.  Travellers often compare... Read more

7 Situations Where GPR Scanning Can Prevent Costly Construction Mistakes

Construction projects often rely on accurate information before excavation, drilling, coring or demolition begins. While plans, utility records and visual inspections provide valuable guidance, they don't always reveal what's hidden beneath the surface. Unknown utilities, reinforcement, voids or buried structures... Read more

Key Terms to Review Before Signing a Business Lease

A business lease can be a large financial commitment, and the terms buried in the fine print can affect your operation for years. It can be tempting to skim past the legal detail once you’ve found premises you like, but... Read more

When Should You Speak to Bankruptcy Lawyers About Debt Problems?

Debt problems rarely appear without warning, yet many people wait far longer than they should before seeking legal advice about their situation. By the time the decision is made to consult with bankruptcy lawyers, the available options are often more... Read more

Top Electrical Safety Tips from Inner West Sydney Electricians

While it may not be the most exciting subject to discuss, having an electrically safe home is definitely one of the most critical. Knowing the basics could help you avoid accidents and ensure your home remains in good condition, whether... Read more

When to Escalate a Debt Recovery Matter to Legal Action

Knowing when to transition from informal debt collection efforts to formal legal proceedings is a decision that many creditors find difficult to navigate. Acting too early can damage commercial relationships, while waiting too long can reduce the likelihood of recovery... Read more