Schneider Electric Recognized as a World Leader for Action on Climate Change
For the fifth year in a row, Schneider Electric has been awarded a position on The Climate “A” List by CDP, the global not-for-profit that drives sustainable economies. The firm was also awarded a position on the Climate Disclosure Leadership Index (CDLI) for its high quality data on carbon emissions and energy.
At the request of 822 investors who represent US$95 trillion in assets, thousands of companies submit annual climate disclosures to CDP. The reported data are independently assessed against CDP’s scoring methodology and marked out of 100. Those organizations graded within the top 10% constitute the CDLI. Schneider achieved a perfect score.
CDP’s Climate “A” List comprises companies from around the world that have been identified as leading in their efforts and actions to combat climate change in the past CDP reporting year. For the fifth year in a row, Schneider Electric is among the 5% of companies that have been awarded an A grade for their performance.
Schneider Electric has steadily gained in its CDLI ratings: in 2011, the firm was 91 out of 100; last year, 99 out of 100. “In a world where the need for energy will continue to increase, it shows our strategic commitment to help customers make their ecosystem safe, reliable, efficient and sustainable, and to achieve more with less resources in a more connected, distributed and smart world,” says Schneider Electric Chairman and CEO Jean-Pascal Tricoire. “This rating invites and urges us to continue delivering on our commitments without any compromise.”
The two indices were released in CDP’s annual global climate change report, three weeks ahead of Climate Change Conference in Paris (COP21), when national leaders meet to agree a global deal to reduce carbon emissions and limit temperature warming. The report tracks five years of progress from the world’s largest listed companies. It reveals the extent to which corporations have shifted their strategies over the past five years to become part of the solution to the climate challenge.
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