We’re the world’s most sustainable company – here’s how we did it
Welcome to the November issue of Power Up! Today, we're taking a deeper look into why we were recognized as the world’s most sustainable company, according to TIME Magazine and Statista. This tremendous achievement is the result of decades of transformative action, beginning in 2005 with a clear roadmap and governance framework. Importantly, we ensured our targets went well beyond decarbonization, encompassing energy efficiency, energy access, and gender equality.
To make their list, TIME and Statista began with a pool of over 5,000 of the world's largest companies. Following a rigorous four-stage assessment, they excluded unsustainable industries and considered factors like external sustainability ratings and commitments, corporate reporting practices, and environmental and social performance indicators. This produced a ranking of 500 companies from over 30 countries.
TIME and Statista highlighted our Schneider Sustainability Impact (SSI) program as a key driver of our sustainability efforts. Through SSI, we've helped customers dramatically reduce their carbon emissions, with 553 million tons of CO2 saved and avoided since 2018 — while making clear progress in transforming our own supply chain. Carbon emissions from Schneider Electric's top 1,000 suppliers fell by 27% since the beginning of the program.
Measuring our impact to meet our 2024 sustainability ambitions
Schneider Electric's sustainability program is reaching new heights with its latest results, showing remarkable progress and putting us well on track to meet our end-of-year ambitions.
During this quarter, Schneider has achieved outstanding milestones, bringing clean and reliable electricity to over 50 million people and empowering more than 760,000 individuals in energy management through education and entrepreneurial initiatives. These achievements highlight the pivotal role of local projects in our success. But our journey doesn't stop here – we're committed to intensifying our global decarbonization efforts.
Schneider Electric's recipe for sustainable impact
Take a journey through sustainability with Olivier Blum (appointed Chief Executive Officer on Nov 1st) on how the company strives to be influential in sustainability in theory and in practice.
How corporate power can preserve biodiversity
As the United Nations Biodiversity Conference of the Parties (COP16) concludes, we reflect on the progress made and the challenges that remain.
Manish Pant , EVP International Operations, delves into the critical interdependence of humans and nature, exploring how corporations can play a vital role in driving a sustainable future.
Striving for a net-zero supply chain with The Zero Carbon Project
Our Zero Carbon Project is making a significant impact on combating climate change. By partnering with our top 1,000 suppliers, we're working to cut CO2 emissions by half by 2025.
The video above illustrates how one of our standout partners and winner of our Sustainability Impact Award, Henkel , has made remarkable strides towards a climate-positive future. As part of our Zero Carbon Project, they've achieved impressive results and demonstrated sustainability leadership in its operations.
How AI can support sustainability today
We believe in a holistic approach to sustainability, prioritizing business value and leveraging the power of technology and collaboration across industries: from data centers and transport to grids and supply chains.
Our new publication, "Artificial Intelligence for Energy Transition“ explains AI’s pivotal role in driving efficiency and sustainability across sectors, from industrial processes to home management systems.
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Strategic Initiatives - Mining, Processing & Bulk Material Handling
1wThis is a pretty good argument for choosing Schneider. Congratulations!
Business Innovation
1moThis proves that there are many definitions of sustainability. In the Nordics Schneider has left 300.000+ customers on a melting ice flake by discontinuing the smart house IHC hardware. Beside leaving customers with challenges that can to lead to catastrophic economic consequences it’s also from a sustainability view point as far from the concept of prolonging anyone can get. Finest example of green washing
Industrial Engineer – Supporting organizational transformation for sustainable performance
1moUne démarche inspirante
VP Manufacturing & Cluster Head at Luminous Power Technologies (P) Ltd
2moCongratulations!
Sustainability Expert | Chronic Disorganization Specialist | Speaker | Coach | Professional Organizer
2moCongratulations on this achievement Schneider Electric!!