Schneider Electric has received the top ranking for performance in its sector by Vigeo Eiris (V.E), the principal European environmental, social and governance (ESG) rating agency. The company has also been included among the world’s most sustainable leaders in 2021 by the Corporate Knights Global 100 Index.
The recent ranking is a testament to the ongoing sustainability efforts of the company. Schneider is working towards establishing and advancing its 2021-2025 Schneider Sustainability Impact (SSI) targets launched in January.
The V.E rating positions the company first in the electronic components and equipment sector, among the best companies in Europe with a score of 71/100 (versus a sector average of 39/100) and a five-point increase from the previous year. The assessment is conducted every two years and is based on information covering 23 areas of interest ranging from climate change, health, safety, and environmental issues to human and labour rights.
In addition, the FTSE4Good series, which ranks the top companies twice a year in terms of ESG practices and transparency, included Schneider for the sixth year following FTSE4Good’s first half-year review in 2021. The Group scored 4.5/5, compared to a sector average of 2.1.