Schneider Electric hits top 10 in Newsweek Global Green Ranking 2016

Energy management company Schneider Electric has announced its presence in the Newsweek Global Green Ranking 2016, the global listing of the world’s most environmentally friendly corporations. The group was proud to be ranked 10th (up from 25th), alongside other companies such as Shire (first), Reckitt Benckiser (second) and British Telecom (third).

The high scores obtained by Schneider Electric reflect the group’s track record in driving innovation through connected energy management and automation technologies that reshape industries, transform cities and enrich lives. The jump in the ranking also results from the company’s initiatives in using natural resources wisely, including renewable sources, in its global operations.

At COP21, Schneider Electric made 10 commitments to achieve carbon neutrality 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 tonnes 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.

“We are very pleased with the results of the latest Newsweek Global Green Ranking,” Schneider Electric SVP Sustainability Gilles Vermot Desroches said. “It shows that we have the right sustainability strategies and innovation roadmap in place.”

The Newsweek Global Green Ranking 2016 can be found at http://www.newsweek.com/green-2016/top-green-companies-world-2016.