Schneider Electric achieves outstanding performance in four corporate sustainability ratings
- Strong and consistent performance running for over a decade
- ESG recognition in line with company’s sustainable business growth ambitions
Schneider Electric, the leader in the digital transformation of energy management and automation, has delivered yet another strong year of Environmental, Social and Governance (ESG) performance based on 2021 ratings from independent and renowned corporate sustainability experts.
Schneider Electric uses the annual ratings from four key external indexes: CDP Climate Change, Vigeo Eiris, Dow Jones Sustainability World Index (DJSI) and EcoVadis to grant shares to executives, senior management, leaders and talented employees determined as part of the Schneider Sustainability External & Relative Index (SSERI) long-term rewards scheme.
“Motivating employees with sustainability targets based on external assessments is a necessity for any organization serious about driving and delivering positive impact, said Olivier Blum, Chief Strategy & Sustainability Officer, “Rewarding people based on extra-financial performance is not only an encouragement, it’s a commitment to walk the talk.”
Schneider Electric’s 2021 performance in the following ESG ratings underlines its long-standing sustainability leadership:
11th consecutive year on CDP’s Climate Change A list
- Schneider Electric is among just 200 Climate Change A list companies out of 13,000+ companies assessed by CDP, and the only one in its sector to achieve this 11 years running
- Schneider Electric is recognized for its commitment to measure and disclose the progress made on its carbon pledge
11th consecutive year on the Dow Jones Sustainability World Index
- Schneider Electric listed among 322 companies, based on S&P Global’s Corporate Sustainability Assessment
- Schneider Electric scored 86/100, compared to an industry average of 28/100
Top rating from EcoVadis
- Schneider Electric remains in the top 1% of the 85,000 corporates assessed
- Schneider Electric’s very high score (90/100) for sustainable procurement recognizes its ambitious supply chain decarbonization practices, including The Zero Carbon Project launched in 2021
#1 in its sector on the Vigeo Eiris index
- Schneider Electric ranked first in the Electronic Components & Equipment sector in Europe
- With a score of 71/100 ─ a five-point increase from the previous year, confirming inclusion in the Euronext Vigeo Eiris World 120, Europe 120, Eurozone 120 and France 20 indices
“Achieving excellent ESG ratings across CDP, EcoVadis, Vigeo Eiris and DJSI in the same year is as difficult as staying at the top of these listings for over a decade,” commented Xavier Denoly, Senior Vice-President Sustainable Development. “I’m immensely proud of our teams and our work, but also very confident that we will deliver on our long-term sustainability targets.”
Schneider Electric has been accelerating its own sustainability efforts since the start of 2021 despite the pandemic. It has also reinforced its sustainability consulting business to support more partners and customers on their own sustainable transformation.
This dual sustainability strategy underpins the growth ambitions recently shared with investors during Schneider Electric’s Capital Markets Day 2021. Outstanding ESG performance substantiates the Group’s strong growth ambitions relating to sustainability.
Related Spokespeople
Olivier BLUM
Chief Executive OfficerOlivier Blum is the Chief Executive Officer of Schneider Electric, effective November 4, 2024. Olivier has been a member of the Executive Committee since 2014. In his most recent role, he successfully led the company's fast-growing and world-class Energy Management business across all end markets, including data centers. Prior to that, he served as Chief Strategy & Sustainability Officer from 2020 to 2022, where he led the development of corporate strategy, mergers and acquisitions, sustainability, and quality assurance. From 2014 to 2020, Olivier held the position of Chief Human Resources Officer at Schneider Electric, driving the company’s people strategy and earning recognition as France’s Chief Human Resources Officer of the Year in 2019 by Cadremploi, Morgan Phillips Hudson, Le Figaro Décideurs, and Fyte for his transformative leadership and cultural impact. Olivier began his career at Schneider Electric in 1993 in his home country of France. Over the past two decades, he has gained extensive international experience, holding key leadership roles in Asia including Regional Head of Strategy for China, Regional Managing Director for India, and a global role as Executive Vice President of the Home & Distribution division, based in Hong Kong. He has also been an independent director of Keppel Corporation and a member of its Sustainability and Safety Committees since May 2022. His commitment to sustainability has been instrumental in Schneider Electric's success, culminating in the company being named the World's Most Sustainable Corporation by Corporate Knights in 2021. Olivier holds a degree from Grenoble Business School, France. LinkedIn ProfileRead more 
Xavier Denoly
Sustainable Development and Corporate Sustainability - Senior Vice PresidentSince 2021, Xavier Denoly has been Schneider Electric's Senior Vice President Sustainable Development and Corporate Sustainability Officer. In this role, his mission is to lead the establishment of the Schneider Electric’s Sustainable Development Strategy and to ensure we deliver our medium-term Schneider Sustainability Impact commitments. He is also directly in charge of the global environment strategy and follows the execution of our CO2 commitments defined in our net-zero commitments. His other responsibilities involve the development of our ‘Access to Energy’ inclusive & social business, and the management of all ESG disclosures required by different rating agencies and standards.Read more
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