Food automation company, Schneider Electric has been recognised as one of the 2016 Global 100 Most Sustainable Corporations, coming 12th overall and 1st in its GICS Industry. It’s the fourth year running the Group ranks among the top 15 corporations in the sustainability index by Corporate Knights, the magazine for clean capitalism, released every year at the World Economic Forum in Davos.
Companies who make the Global 100 ranking are the top overall sustainability performers in their respective industrial sectors, selected from a starting universe of 4,353 listed companies with a market capitalisation greater than $USD2 billion on October 1, 2015. Schneider Electric ranks first its sector and is among the 11 French companies listed. The Global 100 is determined using 12 quantitative sustainability indicators, as the amount of revenue companies generate per unit of energy consumed for example.
Jean-Pascal Tricoire, Chairman & CEO, Schneider Electric commented, “With overall score up to 70.5% in 2016 from 68.4% in 2015, we have achieved our best Global 100 score ever, ranking 1st in our sector and demonstrating our commitment to put sustainable development at the heart of our strategy. Even so, we’ve dropped three places in the global ranking, which means that the overall standards have risen. That’s great news for everyone and invitation to increase our efforts.”