Schneider Electric Earns Top Spot for Sustainability in its Sector from ESG Rating Agency Vigeo Eiris

August 25, 2021

SchneiderLogo Schneider Electric, the leader in the digital transformation of energy management and automation, received top ranking for performance in its sector by Vigeo Eiris (V.E), the principal European environmental, social and governance (ESG) rating agency and part of the Moody's Group. Schneider has also been included among the world's most sustainable leaders in the mid-year reviews of the FTSE4Good Index and Euronext Vigeo Eiris indices.

Earlier in the year, Schneider Electric was recognized as the world's most sustainable corporation in 2021 by the Corporate Knights Global 100 Index.

The recent ranking by V.E and inclusion in the FTSE4Good Index are testament to the Group's ongoing sustainability efforts which can be seen from its recent half-year progress report. Schneider is working towards establishing and advancing its 2021-2025 Schneider Sustainability Impact (SSI) targets launched in January of this year. The report highlighted some key successes for the Group such as 91% of its top 1000 suppliers joining its recently launched 'Zero Carbon Project' which aims to reduce their operations' CO2 footprint by 2025. So far this year, Schneider has also helped its customers save and avoid 302 million tons of CO2 emissions since 2018 and continues to support its customers in attaining their own sustainability goals.

The V.E rating positions Schneider first in the Electronic Components & 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. V.E. conducts its assessment every two years based on information covering 23 areas of interest ranging from climate change, health, safety, and environmental issues to human and labor rights. Due to this rating, Schneider has also confirmed its inclusion in the Euronext V.E indices: World 120, Europe 120, Eurozone120, and France 20 which are composed of the highest-ranking listed companies in terms of their performance in corporate responsibility.

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 and maintains its score compared to the previous year.

Source

Five Tips to Find Time for Field Service Marketing

SimPro Time is a precious resource that we all want more of. And if you own a field service business or work for one, you undoubtedly know how hard it is to find time for everything you need to accomplish in a workday, let alone a week, a quarter, or a year.

Like many of us, you do your best to check every item off of the to-do list during working hours while inevitably pushing lower priority items off to another day. And often, marketing your field service business is one of those things that easily falls to the wayside after being pushed back for more urgent matters.

Become a Wiser Approved Installer

Wiser Approved Installer

Get access to exclusive benefits, product discounts and resources that will help you drive more business, and lower energy bills for your clients.

Federal Governemnt Launches Call for Proposals for the Zero-Emission Vehicle Awareness Initiative

The federal governemnt has officially launched a c all for proposals (CFP) for the Zero-Emission Vehicle Awareness Initiative (ZEVAI). The initiative’s 2022 CFP will help fund new and innovative projects that aim to increase awareness and knowledge of ZEVs and charging and refueling infrastructure thereby increasing public confidence in these vehicles and their economic and environmental benefits.

Natural Resources Canada will provide funding through non-repayable contributions of between 50 and 75 percent of the total eligible project costs, with a maximum funding of up to $300,000 per project. The CFP will close on August 18, 2022.

OmniCable Joins ETIM North America

Omnicable joins ETIM ETIM North America announced that OmniCable has joined the product classification standards organization. Headquartered in West Chester, PA, OmniCable has 24 locations throughout North America, and also owns Houston Wire & Cable (HWC). The company partners with many electrical manufacturers and only sells to distributors.

According to John Dean, Director of Marketing & E-Commerce, OmniCable/HWC, “The wire and cable industry is often called commodities, but there are very distinct features and attributes for the different products our manufacturers produce.

Atkore Inc. Announces Acquisition of United Poly Systems

Atkore United Poly Systems Atkore Inc. announced that it has acquired United Poly Systems, a manufacturer of High Density Polyethylene (HDPE) pressure pipe and conduit, primarily serving telecom, water infrastructure, renewables, and energy markets.

“We are pleased to complete the acquisition of United Poly Systems, which strengthens Atkore’s product portfolio, expands our manufacturing capacity and further enables us to meet HDPE customers’ needs,” stated John Pregenzer, President of Atkore’s Electrical business. “HDPE pipe and conduit is a growing market that is expected to benefit from U.S. infrastructure legislation, and United Poly Systems is a great addition to Atkore. We welcome these employees and look forward to working together to continue to serve and support our customers.”

Canadian Electrical Contractor Discussion Group: Can You Count the Deficiencies?

EIN CECD 400 Have you ever been called to fix the work of a 'handyman'?

"Was supposedly done by a"certified ' electrician....told the homeowner that he got a $266 permit....no record at TSBC. Can you count the deficiencies?"

"There is a second panel change in the triplex also.......even more deficiencies. Think the guy was a glorified handyman. Ones not obvious: 240 BB heat hooked up 120....drier on 2p20....range on 2p50....water heater fed with 2c14 Bx on 2p15."

Go HERE to join the discussion

Latest Articles

Alberta Introduces New Board of Skilled Trades

The Skilled Trades and Apprenticeship Education Act has been proclaimed, raising the esteem of ...

Five Tips to Find Time for Field Service Marketing

Become a Wiser Approved Installer

Latest Articles

The Canadian Electrical Code for safer electrical installations

SimplySnap: It Just Works.

Product News

Peers & Profiles

Copper $US Dollar price per pound