Schneider Electric has been named at the 4th place of the Clean200
The Clean200 has been published for the first time on August 15, 2016, by Corporate Knights, the magazine for clean capitalism, and As You Sow, a non-profit organization that promotes environmental and social corporate responsibility through shareholder advocacy and coalition building. Its ambition is to start a broad and dynamic dialogue about how all investors can co-create a clean energy economy and how best to evaluate and highlight companies already on the continuum of the energy transition. In order to be eligible, a company must have a market capitalization greater than $1 billion (end of Q2 2016) and earn more than 10% of total revenues from clean energy sources.
Driving Innovation at Every Level for Sustainability
The ranking recognizes Schneider Electric’s commitment to offer innovative solutions that address the energy paradox: balancing our planet’s carbon footprint with the irrefutable human right to quality energy. The Group and its employees are driving innovation at every level through connected energy management and automation technologies that reshape industries, transform cities and enrich lives. At Schneider Electric, we call this Life is On.
“We’re very proud of this new recognition. At Schneider Electric, environmental considerations go far beyond our efforts towards the sustained reduction of our footprint on the planet, as they really embed everything we do, from strategy, R&D, down to the value we bring to our customers, commented Emmanuel Lagarrigue, Chief Strategy Officer at Schneider Electric. The tagline of our last Global Environment Day, inviting all our 160,000 employees to celebrate their achievements and innovations for the environment, was « A Passion for Green Growth »: it really summarizes how we see the environment.”
In November 2015, on the eve of the COP21, Schneider Electric stepped up its sustainable development objectives with the goal of achieving carbon neutrality for the company and its ecosystem over the next 15 years, through its products, solutions, R&D and industrial operations. These commitments include:
• Measuring the carbon impact of 100% of major client projects
• Designing 100% of new offerings using the Schneider ecoDesign Way™ and achieving the company’s Green Premium™ standard in 75% of its business
• Avoiding 120,000 tons of CO2 by introducing “end of life” products in line with circular economy principles
• Helping 50 million people at the base of the economic pyramid to access lighting and communications over the next 10 years through low-carbon solutions