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Schneider Electric exceeds 2023 sustainability goals and stays the leader in ESG ratings
February 29, 2024

Schneider Electric exceeds 2023 sustainability goals and stays the leader in ESG ratings

Schneider Electric, the leader in the digital transformation of energy management and automation, announced today its 2023 sustainability impact performance as part of its full-year financial results.

The Schneider Sustainability Impact score for the year exceeded expectations, reaching 6.13 out of 10, and surpassing the year-end target of 6 out of 10. Schneider Electric was also recognized as a top performer by independent environmental, social, and governance (ESG) ratings throughout the year.

Schneider Electric’s strong performance spans what was the hottest year on record – serving to highlight the importance of collective action to decarbonize business operations and value chains to avoid the worst effects of global warming and accelerate the transition to a cleaner, fairer world.

Three years into the Schneider Sustainability Impact (SSI) program, Schneider Electric solutions for electrification, digitalization, and automation continue to lower the carbon emissions of customers, with 112 million of tonnes saved and avoided in 2023 alone. Great strides have also been made in transforming Schneider Electric’s supply chain.

“Schneider Electric’s holistic approach to sustainability ensures that environmental, social, and governance considerations are integral to our business strategy and operations," said Agustin Lopez Diaz, Chief Sustainability and Customer Satisfaction & Quality Officer at Schneider Electric. “We care deeply about the impact we have throughout our ecosystem and the legacy we leave behind us. That’s why we’re determined to accelerate our sustainability program in its penultimate year and bring everyone along for lasting, positive impact.”

On the external ESG rating front, Schneider Electric has maintained its status as a sustainability leader in the Dow Jones Sustainability Index (DJSI) and in Corporate Knights’ list of Global 100 Most Sustainable Corporations in the World for the 13th year running, and obtained high scores from Moody’s Analytics, CDP, and EcoVadis with a Platinum medal.

More details on the 2023 SSI results and other highlights are available in the full-year sustainability impact report.

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